Plug Power Stock Price Prediction

PLUG Stock  USD 3.43  0.21  6.52%   
As of 28th of March 2024, the relative strength index (RSI) of Plug Power's share price is approaching 42 indicating that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Plug Power, making its price go up or down.

Oversold Vs Overbought

42

 
Oversold
 
Overbought
Plug Power stock price prediction is an act of determining the future value of Plug Power shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Plug Power's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Plug Power and does not consider all of the tangible or intangible factors available from Plug Power's fundamental data. We analyze noise-free headlines and recent hype associated with Plug Power, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Plug Power's stock price prediction:
EPS Estimate Next Quarter
(0.30)
EPS Estimate Current Year
(1.01)
EPS Estimate Next Year
(0.55)
Wall Street Target Price
6.22
EPS Estimate Current Quarter
(0.44)
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Plug Power based on different types of headlines from major news networks to social media. The Plug stock price prediction module provides an analysis of price elasticity to changes in media outlook on Plug Power over a specific investment horizon. Using Plug Power hype-based prediction, you can estimate the value of Plug Power from the perspective of Plug Power response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Plug Power using Plug Power's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Plug using crowd psychology based on the activity and movement of Plug Power's stock price.

Plug Power Short Interest

A significant increase or decrease in Plug Power's short interest from the previous month could be a good indicator of investor sentiment towards Plug. Short interest can provide insight into the potential direction of Plug Power stock and how bullish or bearish investors feel about the market overall. An investor who is long Plug Power may also wish to track short interest. As short interest increases, investors should be becoming more worried about Plug Power and may potentially protect profits, hedge Plug Power with its derivative instruments, or be ready for some potential downside.
200 Day MA
6.5757
Short Percent
0.2352
Short Ratio
3.28
Shares Short Prior Month
159.8 M
50 Day MA
3.6506

Plug Power Hype to Price Pattern

Investor biases related to Plug Power's public news can be used to forecast risks associated with an investment in Plug. The trend in average sentiment can be used to explain how an investor holding Plug can time the market purely based on public headlines and social activities around Plug Power. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Plug Power's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Plug Power.

Plug Power Implied Volatility

    
  114.71  
Plug Power's implied volatility exposes the market's sentiment of Plug Power stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Plug Power's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Plug Power stock will not fluctuate a lot when Plug Power's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Plug Power. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Plug Power to buy its stock at a price that has no basis in reality. In that case, they are not buying Plug because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Plug Power after-hype prediction price

    
  USD 3.43  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Plug contract

Based on the Rule 16, the options market is currently suggesting that Plug Power will have an average daily up or down price movement of about 7.17% per day over the life of the 2024-03-28 option contract. With Plug Power trading at USD 3.43, that is roughly USD 0.25 . If you think that the market is fully incorporating Plug Power's daily price movement you should consider acquiring Plug Power options at the current volatility level of 114.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Plug Power Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
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.
Intrinsic
Valuation
LowRealHigh
0.152.9410.58
Details
Naive
Forecast
LowNextHigh
0.063.2010.84
Details
29 Analysts
Consensus
LowTargetHigh
14.0815.4717.17
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.46-0.33-0.25
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.

Plug Power After-Hype Price Prediction Density Analysis

As far as predicting the price of Plug Power at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Plug Power or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Plug Power, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Plug Power Estimiated After-Hype Price Volatility

In the context of predicting Plug Power's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Plug Power's historical news coverage. Plug Power's after-hype downside and upside margins for the prediction period are 0.17 and 11.07, respectively. We have considered Plug Power's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.43
3.43
After-hype Price
11.07
Upside
Plug Power is dangerous at this time. Analysis and calculation of next after-hype price of Plug Power is based on 3 months time horizon.

Plug Power Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Plug Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Plug Power backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Plug Power, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
7.67
  0.01 
 0.00  
11 Events / Month
6 Events / Month
In about 11 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.43
3.43
0.00 
25,567  
Notes

Plug Power Hype Timeline

Plug Power is at this time traded for 3.43. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. Plug is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at -0.17%. %. The volatility of related hype on Plug Power is about 40605.88%, with the expected price after the next announcement by competition of 3.43. About 47.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.76. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Plug Power recorded a loss per share of 2.3. The entity last dividend was issued on the 29th of October 2010. The firm had 1:10 split on the 20th of May 2011. Given the investment horizon of 90 days the next anticipated press release will be in about 11 days.
Check out Plug Power Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Plug Power Related Hype Analysis

Having access to credible news sources related to Plug Power's direct competition is more important than ever and may enhance your ability to predict Plug Power's future price movements. Getting to know how Plug Power rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Plug Power may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BEBloom Energy Corp(0.24)12 per month 0.00 (0.10) 6.85 (8.69) 24.31 
ADSEWADS TEC ENERGY PLC 0.03 5 per month 7.04  0.21  24.44 (10.87) 50.46 
MVSTMicrovast Holdings(0.03)9 per month 0.00 (0.09) 8.60 (8.33) 18.81 
NEOVNeoVolta Common Stock(0.07)3 per month 0.00 (0.18) 7.89 (8.89) 24.62 
ELVAElectrovaya Common Shares 0.11 8 per month 2.84  0.05  6.00 (4.65) 24.72 
ENVXEnovix Corp(0.01)10 per month 0.00 (0.19) 7.66 (7.47) 22.83 
EOSEEos Energy Enterprises 0.04 9 per month 4.63 (0.02) 9.62 (7.69) 27.97 
EPOWSunrise New Energy(0.01)7 per month 0.00 (0.08) 8.99 (7.22) 27.27 
ZEOWWZeo Energy Corp 0.01 3 per month 0.00  0  40.00 (23.08) 54.29 

Plug Power Additional Predictive Modules

Most predictive techniques to examine Plug price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Plug using various technical indicators. When you analyze Plug charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Plug Power Predictive Indicators

The successful prediction of Plug Power stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Plug Power, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Plug Power based on analysis of Plug Power hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Plug Power's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Plug Power's related companies.

Story Coverage note for Plug Power

The number of cover stories for Plug Power depends on current market conditions and Plug Power's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Plug Power is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Plug Power's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Plug Power Short Properties

Plug Power's future price predictability will typically decrease when Plug Power's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Plug Power often depends not only on the future outlook of the potential Plug Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Plug Power's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding595.5 M
Cash And Short Term Investments351.6 M
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 Plug Power Basic Forecasting Models to cross-verify your projections.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Plug Stock analysis

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.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Is Plug Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plug Power. If investors know Plug will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.30)
Revenue Per Share
1.497
Quarterly Revenue Growth
0.006
Return On Assets
(0.12)
Return On Equity
(0.39)
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plug Power's market value can be influenced by many factors that don't directly affect Plug Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.