$2.27
4.83% today
Nasdaq, Dec 30, 09:17 pm CET
ISIN
US72919P2020
Symbol
PLUG

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

Plug Power Inc. Classifications & Recommendation:

Buy
29%
Hold
54%
Sell
18%

Plug Power Inc. Price Target

Target Price $2.73
Price $2.38
Potential
Number of Estimates 19
19 Analysts have issued a price target Plug Power Inc. 2025 . The average Plug Power Inc. target price is $2.73. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 28 analysts: 8 Analysts recommend Plug Power Inc. to buy, 15 to hold and 5 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 $ 891.34 715.89
27.07% 19.68%
EBITDA Margin -109.15% -101.92%
26.29% 6.63%
Net Margin -227.19% -151.67%
44.80% 33.24%

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

$716m
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. This is
8.55% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$825m 25.09%
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, the lowest is
$631m 4.35%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $891m 27.07%
2024
$716m 19.68%
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2025
$924m 29.08%
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2026
$1.2b 32.34%
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2027
$1.7b 37.01%
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2028
$1.9b 13.76%
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24 Analysts have issued an Plug Power Inc. EBITDA forecast 2024. The average Plug Power Inc. EBITDA estimate is

$-730m
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. This is
27.27% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-609m 39.28%
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, the lowest is
$-868m 13.53%
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.

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

EBITDA Estimates

2023 $-973m 60.48%
2024
$-730m 25.00%
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2025
$-319m 56.23%
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2026
$-99.9m 68.73%
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2027
$40.2m 140.21%
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2028
$383m 854.01%
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EBITDA Margin

2023 -109.15% 26.29%
2024
-101.92% 6.63%
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2025
-34.56% 66.09%
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2026
-8.17% 76.36%
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2027
2.40% 129.38%
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2028
20.10% 737.50%
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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

$-1.1b
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. This is
41.83% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-951m 49.06%
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, the lowest is
$-1.2b 35.85%
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.

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

Net Profit Estimates

2023 $-2.0b 84.00%
2024
$-1.1b 46.38%
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2025
$-548m 49.56%
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2026
$-367m 33.02%
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2027
$-229m 37.53%
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2028
$-119m 48.14%
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Net Margin

2023 -227.19% 44.80%
2024
-151.67% 33.24%
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2025
-59.27% 60.92%
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2026
-30.00% 49.38%
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2027
-13.68% 54.40%
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2028
-6.24% 54.39%
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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 -1.23
84.00% 46.52%
P/E negative
EV/Sales 3.89

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

$-1.23
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. This is
41.98% 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
$-1.08 49.06%
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, the lowest is
$-1.36 35.85%
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.

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

Earnings Per Share

2023 $-2.30 84.00%
2024
$-1.23 46.52%
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2025
$-0.62 49.59%
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2026
$-0.42 32.26%
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2027
$-0.26 38.10%
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2028
$-0.14 46.15%
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P/E ratio

Current -1.12 60.28%
2024
-1.93 72.32%
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2025
-3.83 98.45%
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2026
-5.71 49.09%
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2027
-9.14 60.07%
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2028
-17.63 92.89%
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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 4.23 19.83%
2024
3.89 7.98%
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2025
3.02 22.53%
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2026
2.28 24.44%
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2027
1.66 27.02%
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2028
1.46 12.09%
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P/S ratio

Current 3.29 6.92%
2024
3.03 7.88%
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2025
2.35 22.53%
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2026
1.77 24.44%
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2027
1.29 27.02%
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2028
1.14 12.09%
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