Plug Power Inc (PLUG) Stock Forecast & Price Target
Plug Power Inc · NASDAQ
$1.97-0.09 (-4.37%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Plug Power Inc, 3 rate it Buy or better, 5 sit at Hold, and 2 rate it Sell or worse, a hold consensus. The target range is very wide, $1.20 to $7.00 (about 5.8x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $3.21 sits 63% above the current $1.97. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.07 next quarter toward $-0.16 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Hold
Strong Buy00%
Buy330%
Hold550%
Sell220%
Strong Sell00%
Based on 10 analysts giving stock ratings to Plug Power Inc.
As of Jul, 3 of 10 firms rate PLUG a Buy (5 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
PLUG EPS & revenue forecast
EPS · NEXT QUARTER
$-0.07
Range $-0.08 – $-0.06 · 8 analysts · -43% YoY
Next period, 8 analysts expect Plug Power Inc to earn $-0.07 a share (range $-0.08 – $-0.06), versus $-0.12 a year earlier. Full-year consensus is $-0.31, growing to $-0.16 the year after.
REVENUE · NEXT QUARTER
$201.1M
Range $175.9M – $238.0M · 8 analysts · +14% YoY
Revenue is expected to reach $201.1M (range $175.9M – $238.0M), +13.6% year-over-year. Full-year consensus is $813.7M, rising to $962.5M next year.
Top analysts covering Plug Power Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on PLUG.
#1
Eric Stine
Craig-Hallum · Rank #124
Buy
$5.00+153.8% to target
Overall win rate
44%
+ Follow
#2
Colin Rusch
Oppenheimer · Rank #160
Hold
No targeton PLUG
Overall win rate
39%
+ Follow
#3
George Gianarikas
Canaccord Genuity · Rank #222
Hold
$4.00+103.0% to target
Overall win rate
37%
+ Follow
#4
Bill Peterson
JP Morgan · Rank #235
Hold
No targeton PLUG
Overall win rate
37%
+ Follow
#5
Gregory Lewis
BTIG · Rank #251
Hold
No targeton PLUG
Overall win rate
40%
+ Follow
PLUG stock forecast FAQ
What is PLUG's average 12-month price target?+
The 10 analysts with a live target average $3.21 for Plug Power Inc over the next 12 months, ranging from a $7.00 high to a $1.20 low.
Is PLUG stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 10 analyst ratings, 3 are Buy or Strong Buy, 5 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for PLUG?+
The Street-high target is $7.00 (HC Wainwright & Co.), and the Street-low is $1.20 (BMO Capital). The average of all 10 active targets is $3.21.
How many Wall Street analysts cover PLUG?+
10 analysts have an active rating on Plug Power Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering PLUG?+
Among analysts who currently cover PLUG, Eric Stine of Craig-Hallum has the strongest overall Quantellect track record (Rank #124). Their current call is Buy with a $5.00 target.
What is Plug Power Inc's projected EPS for next quarter?+
The consensus estimate is $-0.07 per share (range $-0.08 – $-0.06) across 8 analysts. Full-year EPS is projected at $-0.31, rising to $-0.16 the following year.
How much revenue is Plug Power Inc expected to report next quarter?+
Consensus revenue is $201.1M (range $175.9M – $238.0M). Full-year revenue is projected at $813.7M, growing to $962.5M next year.
Have analysts been upgrading or downgrading PLUG lately?+
As of Jul, 3 of 10 firms rate PLUG a Buy (5 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their PLUG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
