On May 19, 2025, Morgan Stanley analyst Arthur Sitbon maintained an "Underweight" rating for Plug Power (PLUG, Financial) while lowering the price target significantly. This update reflects a revised target price of $0.50, down from the previous target of $1.25.
The new price target represents a sharp decrease of 60% from the earlier projection. The "Underweight" rating remains unchanged, indicating Morgan Stanley's continued cautious stance on Plug Power (PLUG, Financial).
Investors should note the revised price target and maintained rating when assessing the investment outlook for Plug Power (PLUG, Financial) as per Morgan Stanley's latest analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Plug Power Inc (PLUG, Financial) is $2.25 with a high estimate of $7.00 and a low estimate of $0.50. The average target implies an upside of 181.88% from the current price of $0.80. More detailed estimate data can be found on the Plug Power Inc (PLUG) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Plug Power Inc's (PLUG, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Plug Power Inc (PLUG, Financial) in one year is $2.79, suggesting a upside of 248.79% from the current price of $0.7999. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Plug Power Inc (PLUG) Summary page.