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PLUG
Volume: 231.51M
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Plug Power (PLUG) Stock Forecast & Price Target

Plug Power (PLUG) Analyst Ratings

Based on 36 analyst ratings
Buy
Strong Buy 31%
Buy 22%
Hold 31%
Sell 11%
Strong Sell 6%

Bulls say

Plug Power is poised for significant growth with its electrolyzer business, which achieved over 60% growth in 2024 and is expected to maintain a similar trajectory in 2025, bolstered by a strong backlog. The company's strategic initiatives, including improvements in operational efficiency and cost management, are projected to enhance hydrogen sales and margins, particularly through developments in Louisiana. Additionally, operational cash flow demonstrated a substantial improvement, with a 25% quarter-over-quarter and 46% year-over-year increase for Q4, alongside a lower capital expenditure forecast, positioning Plug Power favorably for ongoing profitability and market expansion.

Bears say

Plug Power reported a 14% year-over-year decrease in net revenues, with 4Q24 net revenues of $191.5 million falling short of expectations and reflecting broader challenges in revenue generation. The company has revised its 2025 revenue guidance downward from $845 million to $702 million, citing anticipated cost-cutting measures that may hinder growth and concerns over an uncertain regulatory environment under the new Trump administration. Additional issues, including a significant warrant charge, delayed customer orders, and potential capital access problems, contribute to a negative outlook on Plug Power's long-term profitability and cash flow.

Plug Power (PLUG) has been analyzed by 36 analysts, with a consensus rating of Buy. 31% of analysts recommend a Strong Buy, 22% recommend Buy, 31% suggest Holding, 11% advise Selling, and 6% 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 36 analysts, Plug Power (PLUG) has a Buy consensus rating as of Jul 10, 2025. 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 $12.88, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $12.88, 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)

Volume: 231.51M

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