Plug Power Inc. (PLUG) Stock Forecast
PLUG analyst forecast
as of October 18, 2026- Analyst consensus
- Hold 3.21 / 5 from 19 analysts
- Price target
- $3.41 average of analyst targets
- Upside to target
- +146.9% from the latest close
- Next earnings
- November 9, 2026 EPS estimate $-0.07
- 52-week range
- $1.38 – $4.14
PLUG analyst ratings
19 analystsNumber of analysts at each rating.
PLUG price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
PLUG earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.06 | −$0.07 | −$0.05 | −$0.12 | +48.6% | 6 |
| Current fiscal year (2026) | −$0.27 | −$0.42 | −$0.22 | −$0.85 | +68.3% | 5 |
| Next fiscal year (2027) | −$0.15 | −$0.27 | −$0.10 | −$0.27 | +45.1% | 6 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
PLUG revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $188.9M | $180.1M | $198.7M | +6.7% | 10 |
| Current fiscal year (2026) | $819.6M | $804.0M | $849.1M | +15.4% | 18 |
| Next fiscal year (2027) | $976.8M | $895.0M | $1.10B | +19.2% | 18 |
PLUG EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
PLUG revenue: reported and forecast
PLUG EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.07 | −$0.06 | −$0.06 | −$0.06 | −$0.06 | −9.0% | 3 up · 0 down |
| Current fiscal year (2026) | −$0.30 | −$0.27 | −$0.27 | −$0.27 | −$0.27 | −10.0% | 4 up · 1 down |
| Next fiscal year (2027) | −$0.16 | −$0.15 | −$0.15 | −$0.15 | −$0.15 | −7.3% | 0 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
PLUG earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; PLUG beat in 4 of 12.
What analysts expect from PLUG
19 analysts cover Plug Power; their consensus rating is hold (3.21 on a 1–5 scale, where 5 is a strong buy). The average price target is $3.41, 146.9% above the latest close of $1.38. Analysts expect earnings of −$0.27 per share for 2026, +68.3% from a year earlier. For 2027 the average estimate is −$0.15 per share on revenue of $976.8 million. Plug Power beat the EPS estimate in 4 of the last 12 quarters.
Related: PLUG income statement, PLUG key metrics, PLUG chart. See the PLUG stock overview for the latest quote and news.
PLUG forecast FAQ
What is Plug Power's price target?
The average analyst price target for Plug Power is $3.41, 146.9% above the latest close of $1.38.
Is Plug Power a buy, hold or sell?
Of 19 analysts covering Plug Power, 5 rate it a strong buy, 0 a buy, 11 a hold, 0 a sell and 3 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.
What is Plug Power's EPS forecast?
Analysts forecast −$0.27 per share for 2026 (range −$0.42 to −$0.22); for 2027 the estimate is −$0.15.
What is Plug Power's revenue forecast?
The average revenue estimate for 2026 is $819.6 million, growth of 15.4%; for 2027 it is $976.8 million.
When does Plug Power report earnings?
Plug Power is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes; the EPS estimate is $-0.07.
Does Plug Power usually beat earnings estimates?
Plug Power reported EPS at or above the analyst estimate in 4 of the last 12 quarters.