On May 20, 2025, Jefferies analyst Dushyant Ailani maintained their Hold rating on Plug Power (PLUG, Financial). The analyst has, however, adjusted the price target for the company downward.
The current price target for Plug Power (PLUG, Financial) has been lowered to $0.90 from a previous target of $1.70. This adjustment signifies a decrease of approximately 47.06% from the prior price target.
The decision to maintain the Hold rating on Plug Power (PLUG, Financial) suggests that the analyst still sees potential for the stock to perform on par with the market overall, despite the reduction in the price target.
Stay tuned for more updates on Plug Power (PLUG, Financial) and other key developments in the stock market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Plug Power Inc (PLUG, Financial) is $2.23 with a high estimate of $7.00 and a low estimate of $0.50. The average target implies an upside of 182.39% from the current price of $0.79. More detailed estimate data can be found on the Plug Power Inc (PLUG) Forecast page.
Based on the consensus recommendation from 24 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 253.7% from the current price of $0.7888. 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.
