High
--
Open
--
VWAP
--
Vol
--
Mkt Cap
--
Low
--
Amount
--
EV/EBITDA(TTM)
--
Total Shares
--
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2026Q1
FY2026Q2
216.84M
+13.25%
-0.107
-93.53%
164.11M
+22.77%
-0.090
-57.03%
191.01M
+9.8%
-0.083
-58.72%
Estimates Revision
The market is revising Downward the revenue expectations for Plug Power Inc. (PLUG) for FY2025, with the revenue forecasts being adjusted by -1.39% over the past three months. During the same period, the stock price has changed by 52.74%.
Revenue Estimates for FY2025
Revise Downward
-1.39%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+26.46%
In Past 3 Month
Stock Price
Go Up
+52.74%
In Past 3 Month
16 Analyst Rating
Wall Street analysts forecast PLUG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLUG is 2.95 USD with a low forecast of 0.75 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
8 Hold
3 Sell
Hold
Current: 2.230
Low
0.75
Averages
2.95
High
7.00
Current: 2.230
Low
0.75
Averages
2.95
High
7.00
Susquehanna
Neutral
downgrade
2025-11-17
Reason
Susquehanna
Price Target
2025-11-17
downgrade
Neutral
Reason
Susquehanna lowered the firm's price target on Plug Power to $2.50 from $3.50 and keeps a Neutral rating on the shares. The firm said the company reported 3Q results, with both revenue and EPS coming in behind firm estimates. The company continues to make progress on reducing its cash burn and expects to exit the year with breakeven gross margins. The electrolyzer business is expected to do ~$200M in FY'25 revenue and the pipeline for new orders remains healthy.
BMO Capital
Ameet Thakkar
Underperform
maintain
2025-11-11
Reason
BMO Capital
Ameet Thakkar
Price Target
2025-11-11
maintain
Underperform
Reason
BMO Capital analyst Ameet Thakkar raised the firm's price target on Plug Power to $1.30 from $1.20 and keeps an Underperform rating on the shares. The company's Q3 results demonstrated some "needed progress" as cash burn declined, even though it "remains unsustainable", the analyst tells investors in a research note.
Canaccord
Hold
maintain
2025-11-11
Reason
Canaccord
Price Target
2025-11-11
maintain
Hold
Reason
Canaccord raised the firm's price target on Plug Power to $2.50 from $1.25 and keeps a Hold rating on the shares. The firm noted its mixed Q3 results and said over the several months, management has scurried to reshore its balance sheet, raise prices and optimize the cost structure in an effort to adapt to changing conditions and build a sustainable, vertically integrated leader in hydrogen.
Morgan Stanley
David Arcaro
Underweight
maintain
2025-10-16
Reason
Morgan Stanley
David Arcaro
Price Target
2025-10-16
maintain
Underweight
Reason
Morgan Stanley analyst David Arcaro raised the firm's price target on Plug Power to $1.50 from 75c and keeps an Underweight rating on the shares. Ahead of Q3 earnings for the firm's Clean Tech coverage and renewable developers, the firm expects safe harbor volumes and orders to begin flowing through to both residential and utility-scale U.S. solar equipment manufacturers and expects tariff impacts to again be a point of questioning for management teams, the analyst tells investors in a preview for the group.
Wells Fargo
Michael Blum
Equal Weight
maintain
$1
2025-08-14
Reason
Wells Fargo
Michael Blum
Price Target
$1
2025-08-14
maintain
Equal Weight
Reason
Wells Fargo analyst Michael Blum raised the firm's price target on Plug Power to $1.50 from $1 and keeps an Equal Weight rating on the shares. The firm cites a shift forward in the base year of its valuation model to 2026 and a slightly higher EBITDA forecast. Wells remains on the sidelines given low visibility around positive profit margins.
Jefferies
Hold
maintain
2025-07-23
Reason
Jefferies
Price Target
2025-07-23
maintain
Hold
Reason
Jefferies raised the firm's price target on Plug Power to $1.60 from 90c and keeps a Hold rating on the shares. With the "One Big Beautiful Bill Act" resolved, the firm still finds it "tough to find conviction on the renewable names," but sees finality on the President's Executive Order as "a clearing event" into August 21. The firm expects expect management teams to provide commentary on safe harboring, the "intensity of it (or the lack thereof), and how that translates to backlog adds," the analyst added in a preview for the clean energy group.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Plug Power Inc (PLUG.O) is -6.27, compared to its 5-year average forward P/E of -29.92. For a more detailed relative valuation and DCF analysis to assess Plug Power Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
N/A
5Y Average PE
-29.92
Current PE
-6.27
Overvalued PE
9.19
Undervalued PE
-69.04
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
N/A
5Y Average EV/EBITDA
208.75
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
1288.43
Undervalued EV/EBITDA
-870.93
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
N/A
5Y Average PS
11.74
Current PS
0.00
Overvalued PS
25.56
Undervalued PS
-2.08
Financials
Annual
Quarterly
N/A
Total Revenue
N/A
Operating Profit
N/A
Net Income after Tax
N/A
EPS - Diluted
N/A
Free Cash Flow
N/A
Gross Profit Margin - %
N/A
FCF Margin - %
N/A
Net Margin - %
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
Bought
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
Bought
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
Bought
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
Bought
PLUG News & Events
Events Timeline
(ET)
2025-12-04
07:10:00
Plug Power Signs LOI with Hy2gen for 5MW Hydrogen Project
2025-12-02 (ET)
2025-12-02
11:40:00
Plug Power (PLUG) Shares Rise 6.51% with Active Options Trading
2025-12-01 (ET)
2025-12-01
08:31:00
Plug Power Secures $2.8M Liquid Hydrogen Supply Contract with NASA
Sign Up For More Events
Sign Up For More Events
News
![[object Object]](https://d5bp8bijhhba2.cloudfront.net/image/cover_image/510969aed8d8093334ce27c855a1f6047c875cf0b3da3ff5f2bffc87fe407427.png)
Preview
2.0
03:57 AMBenzingaSpace Stock Update: Rocket Lab and AST Take Off Once More
![[object Object]](https://d5bp8bijhhba2.cloudfront.net/image/cover_image/6df478fd2c1777757c847603c6701bb92e8ed6b9f091e708d85ad8ed8d1e778f.png)
Preview
7.5
01:46 AMBenzingaPlug Power Grows Its Presence in Europe with New Hydrogen Initiative in France
![[object Object]](https://d5bp8bijhhba2.cloudfront.net/image/cover_image/20251204202120_4b43da754868c23f57a9ea1047057961.png)
Preview
7.5
12-04GlobenewswirePlug Power Partners with Hy2gen for 5MW Hydrogen Production Project in France
Sign Up For More News
People Also Watch
FAQ
What is Plug Power Inc (PLUG) stock price today?
What is Plug Power Inc (PLUG)'s business?
What is the price predicton of PLUG Stock?
What is Plug Power Inc (PLUG)'s revenue for the last quarter?
What is Plug Power Inc (PLUG)'s earnings per share (EPS) for the last quarter?
What changes have occurred in the market's expectations for Plug Power Inc (PLUG)'s fundamentals?
How many employees does Plug Power Inc (PLUG). have?