Plug Power (PLUG) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Plug Power (PLUG) Stock Forecast for 2024–2028. Sell or Buy?

Updated: March 28, 2024 (07:05)

Sector: Industrials

The share price of Plug Power Inc. (PLUG) now

Latest session on the 27th of March for
Plug Power Inc. is positive
Trading Volume: 36398363
Open: 3.25 /  High: 3.525 /  Low: 3.2
What analysts predict: $6.22
52-week High/Low: $13.44 / $2.263

50/200 Day Moving Average: $3.675 / $6.67

This figure corresponds to the Average Price over the previous 50/200 days. For Plug Power stocks, the 50-day moving average is the resistance level today.

For Plug Power stocks, the 200-day moving average is the resistance level today.

Are you interested in Plug Power Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Plug Power stock price in 2024, 2025, 2026, 2027, 2028. How much will one Plug Power share be worth in 2024 - 2028?

When should I take profit in Plug Power stock? When should I record a loss on Plug Power stock? What are analysts' forecasts for Plug Power stock? What is the future of Plug Power stock? We forecast Plug Power stock performance using neural networks based on historical data on Plug Power stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Plug Power stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Plug Power shares. This happens once a day.


Historical and forecast chart of Plug Power stock

The chart below shows the historical price of Plug Power stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Plug Power stock price can be found in the table below.

Long-term forecasts by years.

Unlocking the Future of PLUG Stocks: A Prophetic Dive

Trend: Bearish
Mar 27, 2024

As the green energy sector buzzes with innovation, Plug Power (PLUG) emerges as a beacon for growth-minded investors. However, forecasting PLUG stock rates requires a nuanced understanding of several pivotal factors. At the heart of PLUG's stock trajectory are its financial operability and market position, which if deciphered accurately, could unveil lucrative opportunities for keen investors. So, what near-future events and elements will shape the fate of PLUG stocks?

A Crystal Ball into PLUG's Financial Future

Firstly, financial performance and profitability stand out as the linchpins for PLUG's valuation. A shift towards profitability could spell a bullish market sentiment, urging analysts to mark PLUG as a good stock to buy. On the other hand, the conundrum of cash burn and tight cash flow, if not addressed by FY2024 as targeted, may cast long shadows over its stock forecast.

Additionally, balance sheet concerns, wavering revenue growth against projections, and insider holdings sentiment weave complex layers into this forecasting tapestry. Analysts focusing on these areas can potentially extract predictive insights, giving them an edge in PLUG stock price prediction.

Creating a PLUG stock price target or deciding if PLUG stock is a buy or sell thus becomes an intricate dance. Analysts must blend historical data with forward-looking statements, balancing optimism with caution. In summary, the accurate foretelling of Plug Power's stock movement rests on a multifaceted analysis, where financial health, market positioning, and stakeholder confidence play crucial roles.

For investors intrigued by the PLUG stock forecast, these indicators serve as a compass, guiding through the speculative fog towards potential profitability and growth.

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The Future is Now: Navigating PLUG's Financial Waters

Trend: Bearish
Feb 24, 2024

In the fast-paced world of green energy, PLUG Power stands at a crucial juncture. The imminent Q4 results on March 1 will be a key determinant in forecasting the shifts in PLUG's stock rates. Analysts and investors are poised at the edge of their seats, eager to decode how certain pivotal factors will influence the trajectory of PLUG's stock prices.

Key Catalysts Shaping PLUG's Stock Horizons

At the forefront is the progress regarding the Department of Energy (DOE) loan. A boon in this facade could spell confidence and a financial buffer for PLUG, thereby invigorating its stock rates with a fresh zeal. Conversely, stutter steps in securing the loan could signal trouble, possibly ushering in investor apprehension.

Another aspect under the microscope is the utilization of the At-The-Market (ATM) facility. An extensive use here may suggest a dire need for cash, potentially diluting stock value but understanding the extent of its usage could arm analysts with insights into PLUG's cash burn predicaments.

Furthermore, PLUG's cash burn rate, coupled with its Q4 financial outcomes, will be scrutinized. An improvement could serve as a testament to PLUG's maturing operational efficiency, while the 2024 outlook, despite historical discrepancies between projections and performance, will provide a glimpse into PLUG's ambition and strategic direction.

  • Progress on DOE loan
  • Usage of ATM facility
  • Cash burn and financial results
  • Outlook for 2024

By meticulously analyzing these factors, an analyst can chart a more precise course through PLUG's stock future, navigating through the company's financial health and strategic positioning within the burgeoning hydrogen market. Hence, as we inch closer to the Q4 results, the anticipation builds—not just for the numbers themselves, but for the story they will tell about PLUG's journey ahead.

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Unraveling the Mystery: PLUG Power's Stock Future

Trend: Neutral
Feb 25, 2024

Investors keeping a hawk-eye on PLUG Power stock are on a roller coaster ride, fueled by skepticism and anticipation. Identifying the catalysts that will send these stocks soaring or tumbling requires a deep dive into several critical factors.

The Trio Influencing PLUG's Financial Fate

At the forefront of potential influences is execution and business performance. PLUG’s history of ambitious promises falling short has woven a thread of doubt among investors. An analyst keen on forecasting PLUG’s stock trajectory will closely monitor any signs of overpromising or stark performance realities, as these elements are powerful enough to sway investor confidence and incite significant price movements.

Another cornerstone is the financing dynamics, with the spotlight on the $1.6 billion Department of Energy loan. This financial backing holds the key to not just sustaining but potentially elevating PLUG’s medium-term outlook. Analysts will find it imperative to track the progress and stability of this funding, acknowledging that any jeopardy here could spell turbulence for stock valuation.

Last but not least, market outlook and demand dynamics play a pivotal role. Interest rates, alongside the pace of hydrogen fuel cell adoption, are variables that can either catalyze growth or dampen spirits. Astute analysts will weigh these factors, understanding their influence on market sentiment and ultimately, PLUG stock prices.

By dissecting these elements, analysts armed with insight and foresight can sketch a more accurate forecast of PLUG Power's stock trajectory, offering a beacon of guidance in the volatile energy sector.

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About author

Plug Power Inc. provides turnkey hydrogen fuel cell solutions for the electric mobility and stationary energy markets in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cells and fuel reprocessing technologies, hybrid fuel cell / battery technologies and associated hydrogen storage and distribution infrastructure. The company offers GenDrive, a hydrogen-powered PAM fuel cell system that provides electrical power for material handling; GenFuel, a hydrogen refueling delivery, generation, storage and distribution system; GenCare, an ongoing repair and maintenance program for GenDrive and GenSure Fuel Cells, GenFuel Products, and Progen Engines; and GenSure, a stationary fuel solution that provides modular PEM fuel cells to support backup and grid-based power requirements for telecommunications, transportation, and utilities. It also provides GenKey, a turnkey fuel cell powered migration solution; and ProGen, a fuel cell stack and engine technology used in mobile and stationary fuel cell systems, and as engines in electric delivery vans. The company offers its products to the retail distribution and manufacturing business through direct product sales, original equipment manufacturers and dealer networks. Plug Power Inc. the company was founded in 1997 and is headquartered in Latham, New York.

Plug Power daily forecast for a month

Date Target Pes. Opt. Vol., %
Mar 30 3.50 3.42 3.63 6.23
Mar 31 3.58 3.46 3.68 6.47
Apr 01 3.59 3.47 3.66 5.54
Apr 02 3.55 3.43 3.59 4.80
Apr 03 3.69 3.59 3.79 5.64
Apr 04 3.75 3.63 3.79 4.18
Apr 05 3.80 3.68 3.93 6.69
Apr 06 3.74 3.61 3.85 6.67
Apr 07 3.72 3.66 3.80 3.74
Apr 08 3.64 3.60 3.73 3.78
Apr 09 3.61 3.55 3.73 5.04
Apr 10 3.53 3.47 3.62 4.34
Apr 11 3.66 3.56 3.73 4.71
Apr 12 3.70 3.65 3.79 3.88
Apr 13 3.62 3.54 3.73 5.34
Apr 14 3.62 3.52 3.70 5.33
Apr 15 3.68 3.60 3.79 5.11
Apr 16 3.77 3.69 3.85 4.36
Apr 17 3.79 3.69 3.91 5.97
Apr 18 3.63 3.52 3.69 4.73
Apr 19 3.59 3.55 3.65 2.82
Apr 20 3.60 3.55 3.64 2.60
Apr 21 3.75 3.65 3.80 4.16
Apr 22 3.81 3.77 3.90 3.46
Apr 23 3.75 3.63 3.88 7.13
Apr 24 3.79 3.73 3.85 3.44
Apr 25 3.64 3.60 3.76 4.46
Apr 26 3.54 3.42 3.65 6.75
Apr 27 3.45 3.40 3.57 5.07
Apr 28 3.52 3.49 3.62 3.91

Plug Power Daily Price Targets


Plug Power Stock Forecast 03-30-2024.

Forecast target price for 03-30-2024: $3.50.
Positive dynamics for Plug Power shares will prevail with possible volatility of 5.866%.
Pessimistic target level: 3.42
Optimistic target level: 3.63

Plug Power Stock Forecast 03-31-2024.

Forecast target price for 03-31-2024: $3.58.
Positive dynamics for Plug Power shares will prevail with possible volatility of 6.077%.
Pessimistic target level: 3.46
Optimistic target level: 3.68

Plug Power Stock Forecast 04-01-2024.

Forecast target price for 04-01-2024: $3.59.
Positive dynamics for Plug Power shares will prevail with possible volatility of 5.253%.
Pessimistic target level: 3.47
Optimistic target level: 3.66

Plug Power Stock Forecast 04-02-2024.

Forecast target price for 04-02-2024: $3.55.
Negative dynamics for Plug Power shares will prevail with possible volatility of 4.581%.
Pessimistic target level: 3.43
Optimistic target level: 3.59

Plug Power Stock Forecast 04-03-2024.

Forecast target price for 04-03-2024: $3.69.
Positive dynamics for Plug Power shares will prevail with possible volatility of 5.336%.
Pessimistic target level: 3.59
Optimistic target level: 3.79

Plug Power Stock Forecast 04-04-2024.

Forecast target price for 04-04-2024: $3.75.
Positive dynamics for Plug Power shares will prevail with possible volatility of 4.014%.
Pessimistic target level: 3.63
Optimistic target level: 3.79

PLUG (PLUG) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Apr. 3.40 3.11 3.78 17.69
May. 3.23 2.91 3.48 16.19
Jun. 3.31 3.06 3.65 16.04
Jul. 3.30 2.98 3.47 14.11
Aug. 3.29 2.90 3.59 19.13
Sep. 3.52 3.26 3.64 10.31
Oct. 3.82 3.42 4.02 14.99
Nov. 3.58 3.37 3.77 10.67
Dec. 3.63 3.48 3.81 8.59

Plug Power forecast for this year


Plug Power Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $3.40153. Pessimistic: $3.11. Optimistic: $3.78


Plug Power Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $3.23315. Pessimistic: $2.91. Optimistic: $3.48


Plug Power Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $3.3059. Pessimistic: $3.06. Optimistic: $3.65


Plug Power Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $3.29598. Pessimistic: $2.98. Optimistic: $3.47


Plug Power Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $3.29103. Pessimistic: $2.90. Optimistic: $3.59


Plug Power Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $3.52305. Pessimistic: $3.26. Optimistic: $3.64


Plug Power Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $3.82427. Pessimistic: $3.42. Optimistic: $4.02


Plug Power Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $3.57761. Pessimistic: $3.37. Optimistic: $3.77


Plug Power Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $3.63127. Pessimistic: $3.48. Optimistic: $3.81



Plug Power (PLUG) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 3.89 3.43 4.19 18.25
Feb 3.75 3.43 4.04 15.05
Mar 3.79 3.50 3.91 10.47
Apr 4.02 3.63 4.48 18.85
May 3.89 3.63 4.33 16.18
Jun 3.78 3.37 4.18 19.28
Jul 4.26 3.79 4.50 15.75
Aug 4.81 4.28 5.30 19.19
Sep 4.97 4.64 5.21 11.01
Oct 5.44 5.24 5.85 10.47
Nov 5.69 5.02 6.17 18.54
Dec 5.57 5.29 5.87 9.82

Plug Power (PLUG) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 5.29 4.83 5.57 13.25
Feb 4.91 4.76 5.21 8.49
Mar 4.92 4.43 5.16 14.15
Apr 5.19 4.86 5.81 16.36
May 5.86 5.28 6.16 14.27
Jun 5.60 5.27 6.10 13.62
Jul 4.86 4.36 5.43 19.71
Aug 4.98 4.78 5.57 14.22
Sep 4.35 4.08 4.70 13.18
Oct 3.98 3.82 4.45 14.35
Nov 3.83 3.71 4.09 9.27
Dec 3.82 3.43 4.25 19.31

Plug Power (PLUG) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 4.31 4.01 4.61 13.05
Feb 4.80 4.33 5.23 17.20
Mar 5.38 4.96 5.63 11.90
Apr 5.86 5.33 6.23 14.39
May 5.50 4.98 6.13 18.83
Jun 5.43 5.26 6.05 13.04
Jul 4.91 4.69 5.21 9.91
Aug 4.32 4.05 4.45 9.02
Sep 4.64 4.32 4.88 11.54
Oct 4.47 4.02 4.95 18.93
Nov 4.85 4.28 5.20 17.77
Dec 5.44 4.96 6.02 17.62

Plug Power (PLUG) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 5.71 5.46 5.89 7.42
Feb 5.91 5.56 6.34 12.17
Mar 5.93 5.35 6.47 17.32
Apr 5.68 5.22 5.86 10.91
May 6.23 5.59 6.57 14.94
Jun 7.15 6.74 7.51 10.28
Jul 7.09 6.78 7.87 13.91
Aug 7.00 6.52 7.26 10.27
Sep 6.59 6.37 7.09 10.17
Oct 6.23 5.82 6.66 12.63
Nov 5.89 5.57 6.57 15.20
Dec 6.31 6.04 6.94 12.97

Plug Power information and performance

Plug Power Address

968 ALBANY-SHAKER ROAD, LATHAM, NY, US

Market Capitalization: 2 456 475 000 $

Market capitalization of the Plug Power Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PLUG shares in the company outstanding by the market price of one share.

EBITDA: -972 921 984 $

EBITDA of Plug Power is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: -0.27

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -2.3

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.006
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.691

Enterprise Value (EV) /Revenue

EV To EBITDA: -2.611

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 684255000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.