What is the price target for PLUG stock?
30 analysts have analysed PLUG and the average price target is 2.69 USD. This implies a price increase of 11.54% is expected in the next year compared to the current price of 2.41.
PLUG POWER INC (PLUG) Forecast, Price Target & Analyst Ratings
NASDAQ:PLUG • US72919P2020
Current stock price
2.41 USD
+0.16 (+7.11%)
At close:
2.41 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PLUG POWER INC (PLUG).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- May 11, 2026
- Period
- Q1 / 2026
- EPS Estimate
- -$0.10
- Revenue Estimate
- 145.86M
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.69
Upside
+ 11.54%
From current price of $2.41 to mean target of $2.69, Based on 30 analyst forecasts
Low
$0.76
Median
$2.53
High
$7.35
Price Target Revisions
1 Month
-3.84%
3 Months
-3.34%
Price Target Summary
30 Wall Street analysts provided a forecast for the next 12 months for PLUG. The average price target is 2.69 USD. This implies a price increase of 11.54% is expected in the next year compared to the current price of 2.41.
The average price target has been revised downward by 3.34% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
66.00%
PLUG was analyzed by 30 analysts. The buy percentage consensus is at 66. So analysts seem to be have mildly positive about PLUG.
In the previous month the buy percentage consensus was at a similar level.
PLUG was analyzed by 30 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-03-09 | Jefferies | Maintains | Hold -> Hold |
| 2026-03-04 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2026-03-03 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2026-01-09 | TD Cowen | Downgrade | Buy -> Hold |
| 2025-12-31 | Clear Street | Upgrade | Hold -> Buy |
| 2025-11-20 | Canaccord Genuity | Maintains | Hold -> Hold |
| 2025-11-17 | Susquehanna | Maintains | Neutral -> Neutral |
| 2025-11-11 | Canaccord Genuity | Maintains | Hold -> Hold |
| 2025-10-13 | Susquehanna | Maintains | Neutral -> Neutral |
| 2025-10-08 | Clear Street | Downgrade | Buy -> Hold |
| 2025-10-03 | HC Wainwright & Co. | Maintains | Buy -> Buy |
| 2025-08-14 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2025-08-12 | BMO Capital | Maintains | Underperform -> Underperform |
| 2025-07-23 | Jefferies | Maintains | Hold -> Hold |
| 2025-07-21 | Susquehanna | Maintains | Neutral -> Neutral |
| 2025-05-20 | Jefferies | Maintains | Hold -> Hold |
| 2025-05-19 | Morgan Stanley | Maintains | Underweight -> Underweight |
| 2025-05-14 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2025-05-14 | Piper Sandler | Maintains | Underweight -> Underweight |
| 2025-05-13 | Canaccord Genuity | Maintains | Hold -> Hold |
| 2025-04-14 | Susquehanna | Maintains | Neutral -> Neutral |
| 2025-04-08 | Seaport Global | Maintains | Sell -> Sell |
| 2025-03-25 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2025-03-24 | HC Wainwright & Co. | Reiterate | Buy -> Buy |
| 2025-03-21 | UBS | Maintains | Neutral -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- May 11, 2026
- Period
- Q1 / 2026
- EPS Estimate
- -$0.10
- Revenue Estimate
- 145.86M
- Revenue Q2Q
- 9.12%
- EPS Q2Q
- 53.86%
- Number of Analysts
- 20
Next Earnings Revisions
Revenue (1 Month)
-14.26%
Revenue (3 Months)
-14.26%
EPS (1 Month)
-9.97%
EPS (3 Months)
-9.97%
Next Earnings Summary
PLUG is expected to report earnings on 5/11/2026. The consensus EPS estimate for the next earnings is -0.1 USD and the consensus revenue estimate is 145.86M USD.
The next earnings revenue estimate has been revised downward by 14.26% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates 2026 - 2033
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 891.34M 27.07% | 628.814M -29.45% | 709.919M 12.90% | 820.66M 15.60% | 974.71M 18.77% | 1.192B 22.29% | 1.737B 45.72% | 2.147B 23.60% | 2.697B 25.62% | 4.816B 78.57% | 6.534B 35.67% | |
| EBITDA YoY % growth | -1.003B -61.06% | -977.82M 2.51% | -611.524M 37.46% | -211.308M 65.45% | -113.793M 46.15% | 177.02M 255.56% | 411.77M 132.61% | 652.49M 58.46% | N/A | N/A | N/A | |
| EBIT YoY % growth | -1.074B -59.27% | -1.062B 1.08% | -656.084M 38.24% | -347.827M 46.98% | -224.919M 35.34% | -111.5M 50.43% | 125.85M 212.87% | 298.06M 136.84% | 658.85M 121.05% | 1.111B 68.63% | 1.707B 53.65% | |
| Operating Margin | -120.50% | -168.95% | -92.42% | -42.38% | -23.08% | -9.35% | 7.25% | 13.88% | 24.43% | 23.07% | 26.12% | |
| EPS YoY % growth | -2.28 -82.40% | -2.72 -19.30% | -1.17 56.99% | -0.31 73.56% | -0.21 30.65% | -0.14 33.44% | 0.01 109.50% | 0.12 777.44% | 0.30 148.50% | 0.58 96.55% | 0.98 68.42% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | Q1 / 28 | Q2 / 28 | Q3 / 28 | Q4 / 28 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.10 53.86% | -0.09 55.09% | -0.08 37.36% | -0.06 91.31% | -0.06 37.29% | -0.06 38.35% | -0.05 38.54% | -0.04 30.02% | -0.11 -81.30% | -0.10 -87.88% | -0.09 -105.34% | -0.09 -128.11% |
| Revenue Q2Q % growth | 145.86M 9.12% | 167.31M -3.83% | 221.83M 25.29% | 287.66M 27.72% | 176.96M 21.32% | 197.67M 18.15% | 263.32M 18.70% | 331.28M 15.16% | 171.49M -3.09% | 189.27M -4.25% | 310.05M 17.75% | 382.2M 15.37% |
| EBITDA Q2Q % growth | -87.171M 40.33% | -79.546M 36.09% | -61.029M 70.47% | -39.841M 23.61% | -47.002M 46.08% | -39.183M 50.74% | -27.292M 55.28% | -10.113M 74.62% | -86.496M -84.03% | -78.234M -99.66% | -65.484M -139.94% | -32.946M -225.78% |
| EBIT Q2Q % growth | -110.348M 31.13% | -101.883M 33.58% | -83.36M 66.08% | -60.605M 37.34% | -65.853M 40.32% | -58.726M 42.36% | -46.925M 43.71% | -28.998M 52.15% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
23.38%
EPS Next 5 Year
16.02%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
16.32%
Revenue Next 5 Year
23.17%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
30.57%
EBIT Next 5 Year
23.16%
PLUG POWER INC / PLUG Forecast FAQ
What is the next earnings date for PLUG stock?
PLUG POWER INC (PLUG) will report earnings on 2026-05-11, before the market open.
What are the consensus estimates for PLUG POWER INC (PLUG) next earnings?
The consensus EPS estimate for the next earnings of PLUG POWER INC (PLUG) is -0.1 USD and the consensus revenue estimate is 145.86M USD.
Can you provide the consensus rating for PLUG POWER INC stock?
The consensus rating for PLUG POWER INC (PLUG) is 66 / 100 . This indicates that analysts generally have a neutral outlook on the stock.