$1.92
0.01% today
Nasdaq, Nov 21, 03:49 pm CET
ISIN
US72919P2020
Symbol
PLUG

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

Plug Power Inc. Classifications & Recommendation:

Buy
31%
Hold
52%
Sell
17%

Plug Power Inc. Price Target

Target Price $2.74
Price $1.92
Potential
Number of Estimates 20
20 Analysts have issued a price target Plug Power Inc. 2025 . The average Plug Power Inc. target price is $2.74. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 29 analysts: 9 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 $ 891.34 718.89
27.07% 19.35%
EBITDA Margin -109.15% -100.84%
26.29% 7.62%
Net Margin -227.19% -150.38%
44.80% 33.81%

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

$719m
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. This is
9.00% 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
$719m 19.35%
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2025
$927m 28.93%
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2026
$1.2b 33.56%
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2027
$1.7b 34.54%
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2028
$1.9b 14.86%
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25 Analysts have issued an Plug Power Inc. EBITDA forecast 2024. The average Plug Power Inc. EBITDA estimate is

$-725m
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. This is
27.74% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-598m 40.39%
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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
$-725m 25.49%
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2025
$-317m 56.21%
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2026
$-93.6m 70.52%
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2027
$17.4m 118.56%
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2028
$275m 1,483.88%
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EBITDA Margin

2023 -109.15% 26.29%
2024
-100.84% 7.62%
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2025
-34.25% 66.04%
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2026
-7.56% 77.93%
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2027
1.04% 113.76%
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2028
14.38% 1,282.69%
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25 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
42.08% 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 46.61%
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2025
$-544m 49.66%
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2026
$-358m 34.30%
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2027
$-229m 35.90%
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2028
$-119m 48.14%
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Net Margin

2023 -227.19% 44.80%
2024
-150.38% 33.81%
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2025
-58.71% 60.96%
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2026
-28.88% 50.81%
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2027
-13.76% 52.35%
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2028
-6.21% 54.87%
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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 3.29

25 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
$-0.41 33.87%
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2027
$-0.26 36.59%
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2028
$-0.14 46.15%
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P/E ratio

Current -0.90 64.00%
2024
-1.56 73.33%
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2025
-3.11 99.36%
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2026
-4.73 52.09%
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2027
-7.38 56.03%
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2028
-14.22 92.68%
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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 3.59 12.89%
2024
3.29 8.27%
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2025
2.55 22.44%
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2026
1.91 25.12%
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2027
1.42 25.67%
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2028
1.24 12.93%
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P/S ratio

Current 2.65 2.53%
2024
2.43 8.26%
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2025
1.89 22.44%
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2026
1.41 25.13%
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2027
1.05 25.67%
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2028
0.91 12.93%
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