PLUG stock is up 7.7% as of Monday afternoon and is up 28.2% since the start of the year. Oppenheimer analyst Colin Rusch likewise carries a buy rating and has a $62 price target for the stock.Morgan analyst Paul Coster currently has a buy rating for PLUG stock but no price target. Citigroup analyst PJ Juvekar has a buy rating for the stock and a $35 price target.Barclays analyst Moses Sutton is up next with a hold rating for PLUG stock and a $27 price target.The power of what I can do as a StockCharts Member, with the advanced charting and the. BTIG analyst Gregory Lewis recently called the stock a buy with a price target of $40 per share. Stock Price Forecast The 29 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 25.00, with a high estimate of 78.00 and a low estimate of 13.00. Trade options, stocks, ETFs and more, right from StockCharts.That’s already above the company’s daily average trading volume of 21.2 million shares.īut what about other experts? Just where do they think PLUG stock will go? Let’s jump into that below! Plug Power Stock Forecast BTIG analyst Gregory Lewis recently called the stock a buy with a price target of 40 per share. As of this writing, more than 30 million shares of the stock have changed hands. That call seems to have sparked interest in PLUG stock with heavier-than-normal trading today. Specifically, he said that traders will want to get in before the release of the company’s earnings report for the third quarter of 2021. The company was founded in 1997 and is headquartered in Latham, New York.Morgan Stanley analyst Stephen Byrd called the stock out as a buy that traders are going to want to pick up. It has strategic agreements with Airbus Lhyfe Edison Motors Phillips 66 Apex Clean Energy BAE Systems and Universal Hydrogen Co. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. Plug Power stock forecast Wall Street analysts see better days ahead for Plug Power stock and the forecasted median target price of 42 is a 61.5 percent premium over the current prices. PLUG analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).PLUG stock recorded 16/30 (53) green days with 9. shares will rise by 4.37 and reach 15.05 per share by February 26, 2023. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. According to our current PLUG stock forecast, the value of Plug Power, Inc. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally.
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