Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 7 February by Wallet Investor for 2022–2027 says the price could be around $33.37 in a year's time. It suggests the stock could reach $81.2 by the start of 2027.
Is plug power (plug) stock a good buy?
Apr 03, 2022 · Plug Power's stock was trading at $3.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PLUG shares have increased by 594.7% and is now trading at $26.26.
What is the 12-month stock price forecast for Plug Power?
1 day ago · The hydrogen fuel cell maker's stock is rising on news of a deal with Walmart. Plug Power (NASDAQ: PLUG) stock is up nearly 8% today on news that the company has struck a deal with Walmart (NYSE ...
What is the upside for Plug Power's stock?
The current Plug Power Inc [ PLUG] share price is $26.15. The Score for PLUG is 48, which is 4% below its historic median score of 50, and infers higher risk than normal. PLUG is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.
What are analysts'1-year price targets for Plug Power stock?
Apr 12, 2022 · According to 34 analysts, the average rating for PLUG stock is "Buy." The 12-month stock price forecast is 41.78, which is an increase of 48.95% from the latest price. Price Target $41.78 ( 48.95% upside) Analyst Consensus: Buy Stock Forecasts News Press Releases Conversation Plug Power CEO discusses Walmart green hydrogen deal
Is Plug Power a good buy now?
PLUG stock has an EPS Rating of 43, as it is not yet profitable. It has an A+ Accumulation/Distribution Rating, indicating strong buying among institutional investors. Plug Power's SMR Rating of D indicates that it outperforms 20% to 40% of other stocks.Mar 22, 2022
Is Plug Power a Buy Hold or sell?
Plug Power has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 18 buy ratings, 5 hold ratings, and 1 sell rating.
Is PLUG a good long term investment?
Plug Power (NASDAQ:PLUG) is continuing to take steps that further extend its first-mover advantage in multiple aspects of the hydrogen ecosystem. Meanwhile, multiple governments are looking to implement new programs that will promote the use of hydrogen.Jan 17, 2022
Will PLUG stock go up tomorrow?
If the Munafa value is near 50, then the stock might show a sideways movement....Munafa value: 40 as on 08 Fri Apr 2022.Downside target25.11Upside target27.49Upside target27.75Upside target28.46Upside target29.65 more rows
What is the forecast for Plug Power stock?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 38.00, with a high estimate of 78.00 and a low estimate of 21.00. The median estimate represents a +35.42% increase from the last price of 28.06.
Why do plug stocks fall?
Shares of fuel cell pioneer Plug Power ( PLUG 12.21% ) dropped Wednesday morning after the company conducted a business update webcast and made an accompanying Securities and Exchange Commission (SEC) filing that featured new projections for fiscal 2022 revenue -- and 2025 revenue as well.Jan 19, 2022
Does Plug Power have a future?
However, PLUG's outlook appears positive as the company raised 2022's revenue guidance from $838 million to between $900 Million to $925 Million. West is now confident PLUG can become “meaningfully profitable” by 2025 and by 2030 expects revenues to increase above expectations.Nov 11, 2021
Is Plug Power overvalued?
The average analyst price target among the 24 analysts covering Plug is $42, suggesting about 4.1% upside from current levels. The Verdict: At today's price, Plug stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.Nov 4, 2021
Is Plug Power losing money?
Shares of Plug Power ( PLUG 8.85% ) sank 29.2% in December, according to data from S&P Global Market Intelligence. Concerns related to the omicron coronavirus variant prompted sell-offs early in the month, and the hydrogen fuel cell specialist's stock continued to fall as investors evaluated other risk factors.Jan 4, 2022
Can a plug hit 100?
Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 3 March by Wallet Investor for 2022–2027 said the price could be around $36.6 in a year's time. It suggested the stock could reach $82.7 by the start of 2027.
Is Plug Power a good company to work for?
Plug Power Reviews FAQs Is Plug Power a good company to work for? Plug Power has an overall rating of 3.9 out of 5, based on over 98 reviews left anonymously by employees. 85% of employees would recommend working at Plug Power to a friend and 77% have a positive outlook for the business.5 days ago
Does Plug Power pay dividends?
PLUG POWER (NASDAQ: PLUG) does not pay a dividend.
Is Plug Power a buy right now?
26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last twelve months. There are current...
How has Plug Power's stock been impacted by COVID-19 (Coronavirus)?
Plug Power's stock was trading at $3.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organ...
When is Plug Power's next earnings date?
Plug Power is scheduled to release its next quarterly earnings announcement on Tuesday, June 28th 2022. View our earnings forecast for Plug Power .
How were Plug Power's earnings last quarter?
Plug Power Inc. (NASDAQ:PLUG) posted its quarterly earnings results on Tuesday, March, 1st. The electronics maker reported ($0.33) earnings per sha...
What guidance has Plug Power issued on next quarter's earnings?
Plug Power updated its FY 2022 earnings guidance on Tuesday, March, 15th. The company provided EPS guidance of for the period. The company issued r...
What price target have analysts set for PLUG?
26 analysts have issued twelve-month price objectives for Plug Power's shares. Their forecasts range from $21.00 to $65.00. On average, they antici...
Who are Plug Power's key executives?
Plug Power's management team includes the following people: Andrew J. Marsh , President, Chief Executive Officer & Director Keith C. Schmid , Ch...
What is Andy Marsh's approval rating as Plug Power's CEO?
27 employees have rated Plug Power CEO Andy Marsh on Glassdoor.com . Andy Marsh has an approval rating of 52% among Plug Power's employees. This p...
Who are some of Plug Power's key competitors?
Some companies that are related to Plug Power include Woodward (WWD) , Bloom Energy (BE) , Ballard Power Systems (BLDP) , GrafTech Internationa...
About PLUG
Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe.
Analyst Forecast
According to 33 analysts, the average rating for PLUG stock is "Buy." The 12-month stock price forecast is 44.54, which is an increase of 129.82% from the latest price.
News
Select analysts and investment banks are looking for these fast-growing stocks to skyrocket in 2022.
Other Plug Power company news
Aside from its latest earnings report, other Plug Power news includes its announcement on 19 August that it had appointed four key general managers to work alongside CEO Andy Marsh, each leading individual business units. The company said these appointments will help it manage its vertically integrated business and accelerate growth.
Plug Power stock technical analysis
Plug Power stock (PLUG) posted three consecutive lower highs after reaching its June post-squeeze peak of $34.40 per share.
Plug Power fundamental analysis
Plug Power revenues grew from $82m in 2016 to $230m in 2019 at a compounded annual growth rate (CAGR) of 41%. However, the company had to recognise the negative impact of the accelerated vesting of remaining warrants, resulting in negative revenues of $94m during the full 2020 fiscal year.
Plug Power (PLUG) stock forecast
Looking at both the price action and the company’s fundamentals, there seems to be enough evidence to support a bearish outlook for the stock, based on the company’s struggles to report positive top-line results along with the bearish momentum the price action is displaying.
Plug Power stock forecast for 2022–2027
Will Plug Power stock go up? Nobody can foretell with 100% accuracy whether the price of a stock will rise in the future. However, the algorithm-based Plug Power stock forecast made on 7 February by Wallet Investor for 2022–2027 says the price could be around $33.37 in a year's time. It suggests the stock could reach $81.2 by the start of 2027.
Signals & Forecast
There are mixed signals in the stock today. The Plug Power stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
Plug Power finds support from accumulated volume at $20.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Plug Power stock A Buy?
Plug Power holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Insiders are very negative
In the last 1 trades there were . The last trade was done 19 047 days ago by who bough 0 shares.
About Plug Power
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
How much did Plug Power lose in 2019?
By way of comparison, the first nine months of 2019 have seen Plug grow its sales a respectable 15% to $132 million -- but losses actually increased to $74 million.
How much will plug be sold in 2024?
So even if Plug succeeds in delivering its promised $1 billion in sales by 2024 ($750 million from material handling, and $200 million in on-road vehicles and $50 million in stationary power," according to CEO Andy Marsh), there's no guarantee that those sales will be profitable.
Does Plug sell stock?
The answer: Plug sell s a lot of stock, and uses that cash to keep itself solvent and investor hopes alive. Over the past decade, investors in Plug have seen shares outstanding in their company grow 18 times in volume, from 12.9 million shares at the end of 2009 to 245.8 million shares today.
