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PLUG

Plug Power (PLUG) Stock Forecast & Price Target

Plug Power (PLUG) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 33%
Buy 0%
Hold 56%
Sell 11%
Strong Sell 0%

Bulls say

Plug Power is the leading provider of fuel cell power systems and electrolyzers for green hydrogen production. The company's strong 1Q26 results, with higher than expected revenue and positive EBITDAS guidance, demonstrate its strength and potential in the green energy market. The recent asset monetization program and expected positive cash flow in the future further support a positive outlook on Plug Power's stock.

Bears say

Plug Power is currently seeing positive momentum with its electrolyzers, with several large projects advancing and funnel conversion accelerating. However, the company's financials show a negative picture with a higher-than-expected cash burn in the first quarter, and an inventory drawdown that is more heavily weighted to the second half of the year. Additionally, the majority of the company's expected growth in the material handling sector is dependent on existing customers, and new customer acquisitions will not have a significant impact until 2027.

Plug Power (PLUG) has been analyzed by 9 analysts, with a consensus rating of Buy. 33% of analysts recommend a Strong Buy, 0% recommend Buy, 56% suggest Holding, 11% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Plug Power and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Plug Power (PLUG) Forecast

Analysts have given Plug Power (PLUG) a Buy based on their latest research and market trends.

According to 9 analysts, Plug Power (PLUG) has a Buy consensus rating as of Jun 3, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $3.53, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $3.53, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Plug Power (PLUG)


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