$2.15
4.37% yesterday
Nasdaq, Oct 04, 10:15 pm CET
ISIN
US72919P2020
Symbol
PLUG

Plug Power Inc. Target price 2024 - Analyst rating & recommendation

Plug Power Inc. Classifications & Recommendation:

Buy
32%
Hold
54%
Sell
14%

Plug Power Inc. Price Target

Target Price $4.00
Price $2.15
Potential
Number of Estimates 20
20 Analysts have issued a price target Plug Power Inc. 2025 . The average Plug Power Inc. target price is $4.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 28 analysts: 9 Analysts recommend Plug Power Inc. to buy, 15 to hold and 4 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Plug Power Inc. stock has an average upside potential 2025 of . Most analysts recommend the Plug Power Inc. stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 891.34 822.53
27.07% 7.72%
EBITDA Margin -109.15% -83.01%
26.29% 23.95%
Net Margin -203.24% -114.75%
44.80% 43.54%

24 Analysts have issued a sales forecast Plug Power Inc. 2024 . The average Plug Power Inc. sales estimate is

$823m
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. This is
20.17% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$932m 36.19%
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, the lowest is
$677m 1.15%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $891m 27.07%
2024
$823m 7.72%
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2025
$1.2b 48.33%
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2026
$1.7b 37.75%
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2027
$2.8b 64.91%
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2028
$4.1b 49.19%
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22 Analysts have issued an Plug Power Inc. EBITDA forecast 2024. The average Plug Power Inc. EBITDA estimate is

$-683m
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. This is
35.55% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-465m 56.11%
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, the lowest is
$-844m 20.33%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-973m 60.48%
2024
$-683m 29.82%
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2025
$-242m 64.49%
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2026
$-30.3m 87.50%
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2027
$305m 1,106.01%
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2028
$555m 81.97%
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EBITDA Margin

2023 -109.15% 26.29%
2024
-83.01% 23.95%
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2025
-19.87% 76.06%
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2026
-1.80% 90.94%
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2027
11.01% 711.67%
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2028
13.42% 21.89%
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24 Plug Power Inc. Analysts have issued a net profit forecast 2024. The average Plug Power Inc. net profit estimate is

$-944m
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. This is
49.01% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-772m 58.30%
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, the lowest is
$-1.1b 37.87%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-1.8b 84.00%
2024
$-944m 47.90%
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2025
$-440m 53.35%
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2026
$-304m 31.06%
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2027
$-161m 46.86%
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2028
$-7.9m 95.11%
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Net Margin

2023 -203.24% 44.80%
2024
-114.75% 43.54%
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2025
-36.09% 68.55%
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2026
-18.06% 49.96%
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2027
-5.82% 67.77%
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2028
-0.19% 96.74%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -2.30 -1.20
84.00% 47.83%
P/E negative
EV/Sales 3.07

24 Analysts have issued a Plug Power Inc. forecast for earnings per share. The average Plug Power Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-1.20
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. This is
48.94% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.98 58.30%
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, the lowest is
$-1.46 37.87%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-2.30 84.00%
2024
$-1.20 47.83%
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2025
$-0.56 53.33%
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2026
$-0.39 30.36%
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2027
$-0.20 48.72%
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2028
$-0.01 95.00%
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P/E ratio

Current -0.91 82.96%
2024
-1.79 96.70%
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2025
-3.85 115.08%
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2026
-5.58 44.94%
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2027
-10.50 88.17%
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2028
-215.00 1,947.62%
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Based on analysts' sales estimates for 2024, the Plug Power Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.68 27.42%
2024
3.07 16.68%
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2025
2.07 32.58%
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2026
1.50 27.40%
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2027
0.91 39.36%
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2028
0.61 32.97%
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P/S ratio

Current 2.76 46.86%
2024
2.30 16.78%
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2025
1.55 32.58%
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2026
1.13 27.40%
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2027
0.68 39.36%
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2028
0.46 32.97%
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