Plug Power Stock Target Price and Analyst Consensus

PLUG Stock  USD 2.41  0.18  6.95%   
The current analyst and expert consensus on Plug Power is Buy with 18 hold recommendations. The current projected Plug Power target price consensus is 15.47 with 30 analyst opinions. One of the most common ways Plug Power analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Plug Power vendors, executives, and/or customers. Plug Power recommendation module provides expert sentiment on the projected Plug Power target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Plug Power to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
Lowest Forecast
14.08
Highest Forecast
17.17
Target Price
15.47
The Plug Power's current Gross Profit is estimated to increase to about (482.4 M). The current Pretax Profit Margin is estimated to decrease to -1.62. At this time, Plug Power's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Plug Power's current Total Stockholder Equity is estimated to increase to about 3 B, while Cash is projected to decrease to roughly 250.2 M.
  
It's important to approach Plug Power's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Plug Power price targets

Plug Power's stock target price is an estimate of its future price, usually made by analysts. Using Plug Power's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Plug Power's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Plug Power's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Plug Power Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Plug Power is a key component of Plug Power valuation and have some predictive power on the future returns of a Plug Power.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plug Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.122.408.16
Details
Intrinsic
Valuation
LowRealHigh
0.285.6711.43
Details
Naive
Forecast
LowNextHigh
0.052.648.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.46-0.34-0.26
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plug Power. Your research has to be compared to or analyzed against Plug Power's peers to derive any actionable benefits. When done correctly, Plug Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Plug Power.

Trending Themes

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When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
Check out Macroaxis Advice on Plug Power to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Plug Power's price analysis, check to measure Plug Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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The data published in Plug Power's official financial statements usually reflect Plug Power's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Plug Power. For example, before you start analyzing numbers published by Plug accountants, it's critical to develop an understanding of what Plug Power's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Plug Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Plug Power's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Plug Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Plug Power. Please utilize our Beneish M Score to check the likelihood of Plug Power's management manipulating its earnings.