$1.98
1.02%
Nasdaq, Sep 25, 04:21 pm EDT. Closed.
ISIN
US72919P2020
Symbol
PLUG

Plug Power Inc. Target price 2026 - Analyst rating & recommendation

Plug Power Inc. Classifications & Recommendation

Buy
41%
Hold
48%
Sell
10%

Plug Power Inc. Price Target

Target Price $3.57
Price $1.98
Potential
Number of Estimates 21
21 Analysts have issued a price target Plug Power Inc. 2027 . The average Plug Power Inc. target price is $3.57. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 29 analysts: 12 Analysts recommend Plug Power Inc. to buy, 14 to hold and 3 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 2027 of . Most analysts recommend the Plug Power Inc. stock at Hold.

Sales and Margin forecast 2026, 2027 to 2033

Create a premium account to unlock analyst estimates. Learn more

Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Revenue Million $ 709.92 835.54
12.90% 17.69%
EBITDA Margin -86.14% -25.53%
44.61% 70.36%
Net Margin -229.83% -41.49%
31.34% 81.95%

24 Analysts have issued a sales forecast Plug Power Inc. 2026 . The average Plug Power Inc. sales estimate is

$836m
unlock
. This is
12.29% higher
unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$892m 19.82%
unlock
, the lowest is
$788m 5.89%
unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2025 $710m 12.90%
2026
$836m 17.69%
unlock
2027
$987m 18.16%
unlock
2028
$1.2b 19.32%
unlock
2029
$1.5b 25.72%
unlock
2030
$1.8b 21.94%
unlock
2031
$2.4b 31.89%
unlock
2032
$4.7b 98.03%
unlock
2033
$6.4b 36.21%
unlock

22 Analysts have issued an Plug Power Inc. EBITDA forecast 2026. The average Plug Power Inc. EBITDA estimate is

$-213m
unlock
. This is
53.72% higher
unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-181m 60.69%
unlock
, the lowest is
$-320m 30.47%
unlock
.

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

EBITDA Estimates

2025 $-612m 37.46%
2026
$-213m 65.12%
unlock
2027
$-73.0m 65.80%
unlock
2028
$105m 244.59%
unlock
2029
$249m 136.53%
unlock
2030
$369m 48.00%
unlock
2031
$284m 23.20%
unlock

EBITDA Margin

2025 -86.14% 44.61%
2026
-25.53% 70.36%
unlock
2027
-7.39% 71.05%
unlock
2028
8.95% 221.11%
unlock
2029
16.85% 88.27%
unlock
2030
20.45% 21.36%
unlock
2031
11.90% 41.81%
unlock

25 Plug Power Inc. Analysts have issued a net profit forecast 2026. The average Plug Power Inc. net profit estimate is

$-347m
unlock
. This is
78.88% higher
unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-323m 80.34%
unlock
, the lowest is
$-356m 78.31%
unlock
.

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

Net Profit Estimates

2025 $-1.6b 22.48%
2026
$-347m 78.75%
unlock
2027
$-222m 36.03%
unlock
2028
$-171m 22.70%
unlock
2029
$4.7m 102.74%
unlock
2030
$138m 2,831.49%
unlock
2031
$499m 261.95%
unlock
2032
$883m 77.14%
unlock
2033
$1.4b 59.68%
unlock

Net Margin

2025 -229.83% 31.34%
2026
-41.49% 81.95%
unlock
2027
-22.47% 45.84%
unlock
2028
-14.55% 35.25%
unlock
2029
0.32% 102.20%
unlock
2030
7.63% 2,284.38%
unlock
2031
20.94% 174.44%
unlock
2032
18.73% 10.55%
unlock
2033
21.95% 17.19%
unlock

Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2033

Create a premium account to unlock analyst estimates. Learn more

Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Earnings Per Share $ -1.42 -0.25
47.01% 82.39%
P/E negative
EV/Sales 4.10

25 Analysts have issued a Plug Power Inc. forecast for earnings per share. The average Plug Power Inc. EPS is

$-0.25
unlock
. This is
78.63% higher
unlock
than earnings per share in the financial year 2025. The highest EPS forecast is
$-0.23 80.34%
unlock
, the lowest is
$-0.25 78.63%
unlock
.

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

Earnings Per Share

2025 $-1.42 47.01%
2026
$-0.25 82.39%
unlock
2027
$-0.16 36.00%
unlock
2028
$-0.12 25.00%
unlock
2029
$0.00 100.00%
unlock
2031
$0.36 260.00%
unlock
2032
$0.63 75.00%
unlock
2033
$1.01 60.32%
unlock

P/E ratio

Current -1.69 35.07%
2026
-7.98 371.55%
unlock
2027
-12.47 56.27%
unlock
2028
-16.13 29.35%
unlock
2029
588.24 3,746.87%
unlock
2030
20.07 96.59%
unlock
2031
5.55 72.35%
unlock
2032
3.13 43.60%
unlock
2033
1.96 37.38%
unlock

Based on analysts' sales estimates for 2026, the Plug Power Inc. stock is valued at an EV/Sales of

and an P/S ratio of .

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

EV/Sales

Current 4.61 1.10%
2026
4.10 11.03%
unlock
2027
3.47 15.37%
unlock
2028
2.91 16.19%
unlock
2029
2.31 20.46%
unlock
2030
1.90 17.99%
unlock
2031
1.44 24.18%
unlock
2032
0.73 49.50%
unlock
2033
0.53 26.58%
unlock

P/S ratio

Current 3.72 0.64%
2026
3.31 10.94%
unlock
2027
2.80 15.37%
unlock
2028
2.35 16.19%
unlock
2029
1.87 20.46%
unlock
2030
1.53 18.00%
unlock
2031
1.16 24.18%
unlock
2032
0.59 49.50%
unlock
2033
0.43 26.58%
unlock

Current Plug Power Inc. Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
Roth Capital
Locked
➜
Locked
Locked Aug 12 2026
HC Wainwright & Co.
Locked
➜
Locked
Locked Aug 11 2026
Susquehanna
Locked
➜
Locked
Locked Jul 10 2026
Morgan Stanley
Locked
➜
Locked
Locked Jul 09 2026
Wells Fargo
Locked
➜
Locked
Locked May 19 2026
Susquehanna
Locked
➜
Locked
Locked May 13 2026
Canaccord Genuity
Locked
➜
Locked
Locked May 12 2026
Analyst Rating Date
Locked
Roth Capital:
Locked
➜
Locked
Aug 12 2026
Locked
HC Wainwright & Co.:
Locked
➜
Locked
Aug 11 2026
Locked
Susquehanna:
Locked
➜
Locked
Jul 10 2026
Locked
Morgan Stanley:
Locked
➜
Locked
Jul 09 2026
Locked
Wells Fargo:
Locked
➜
Locked
May 19 2026
Locked
Susquehanna:
Locked
➜
Locked
May 13 2026
Locked
Canaccord Genuity:
Locked
➜
Locked
May 12 2026

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today