Plug Power Inc. (PLUG) Stock Forecast & Price Prediction 2025, 2030, 2040, and 2050
Find Plug Power Inc. (PLUG) short-term stock forecasts for 2025 by month and long-term price predictions for 2025 to 2050. View past performance, analyst Buy, Sell or Hold ratings, and the latest PLUG stock news and headlines.
1 Month Prediction
$3.77 [41.78%]
3 Month Prediction
$1.78 [-33.26%]
6 Month Prediction
$1.00 [-62.41%]
1 Year Prediction
$1.00 [-62.41%]
3 Year Prediction
$1.00 [-62.41%]
5 Year Prediction
$1.00 [-62.41%]
About Plug Power Inc.
Plug Power Inc., established in 1997, is an American alternative company that makes hydrogen fuel cell systems for electric-powered equipment and vehicles. The company is headquartered in Latham, New York, and operates facilities in Spokane, Washington, and Rochester, New York.
The company's product lineup includes GenDrive, a hydrogen-fueled PEM fuel cell system thart powers EVs; GenSure: A stationary fuel cell with modular PEM fuel cell power for backup and grid-support in telecommunications, transportation, etc; GenFuel: A hydrogen fueling system for delivery, generation, storage; GenCare: A maintenance and on-site service program for Plug Power products, and GenKey: A turnkey solution for changing it to fuel cell power.
Plug Power Inc. (PLUG) Historical Performance
IPO Date
Plug Power Inc. (NASDAQ:PLUG) went public on 29 October, 1999.
Change
Since inception, PLUG has decreased by 98.55%. In the last 5 years, PLUG has fallen from $4.34 to $2.66, a massive -38.71% decrease since 2020.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $63.17 and a low of $1.88.
52 Week Range
$1.6
$5.14
The current price $2.66 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
PLUG Stock Price History
Based on PLUG stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2019, the PLUG stock has risen from $3.54 - $33.91 to $2.66 - $2.66, which is up 3.72%. Currently, the stock follows upward trend.
Here, we have calculated stock range of PLUG, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2020 | $3.54 - $33.91 | $11.4 | 344.52 | 1 Year Change |
| 2021 | $25.54 - $63.17 | $35.5 | 1284.26 | 2 Year Change |
| 2022 | $12.37 - $28.61 | $20.55 | 701.31 | 3 Year Change |
| 2023 | $4.04 - $17.02 | $9.58 | 273.56 | 4 Year Change |
| 2024 | $1.88 - $4.45 | $2.69 | 4.89 | 5 Year Change |
| 2025 | $2.66 - $2.66 | $2.66 | 3.72 | 6 Year Change |
PLUG Price Performance
6-Month Performance
PLUG stock jumped by 41.49% in the last six months.
1-Year Performance
The stock has trended downwards by 24.65% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 89.48%.
5-Year Performance
In the last 5 years, the stock has gone down by 38.71%.
According to Plug Power Inc.'s historical data, below graph gives us the exact picture of how the PLUG stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 4 years.
2020
973.10% ↑
2021
16.75% ↓
2022
56.18% ↓
2023
63.62% ↓
2024
52.67% ↓
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Plug Power Inc. (PLUG) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $173.73 M (Q3)
Revenue for Q3 ending 30th September, 2024 increased 21.19% compared to Q2 ending 30th June, 2024.
Annual Revenue: $659.50 M (1Y)
Revenue for trailing 12 months decreased 26.01% year over year from 31st December, 2023.
If compared to the last 5 years, the revenue has gone down from $-93.24 million to $659.50 million, a 807.34% change.
Market Capitalization
Plug Power Inc. has a market capitalization of $2.42B, which places PLUG in the mid-cap category.
Fundamental Analysis
EPS: $-0.25 (Q3), $-2.30 (1Y)
EPS decreased 30.56% since last quarter, and increased 84.00% since last year.
Net Income: $-211.17 M (Q3), $-1.37 B (1Y)
Net Income decreased 19.50% since last quarter, and increased 89.06% since last year.
Free Cash Flow: $-264.65 M (Q3), $-1.80 B (1Y)
Free Cash Flow decreased 26.69% since last quarter, and increased 39.47% since last year.
Net Profit Margin: -121.55% (Q3), -207.55% (1Y)
Net Profit Margin decreased 33.58% since last quarter, and increased 155.52% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for PLUG stock. These indicators help you understand Plug Power Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for PLUG stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $2.52 |
| SMA50 | $2.30 |
| SMA200 | $2.44 |
| RSI | 52.14 |
| Beta | 1.81 |
SMA20 < Current Price
This signals PLUG stock is in short-term bullish momentum.
SMA50 < Current Price
This signals PLUG stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals PLUG stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for PLUG stock is Bullish. Out of all indicators, 4 indicates bullish signals, 2 signals bearish trends and 3 gives neutral trends. The PLUG stock forecast was last updated on 15 January, 2025.
Plug Power Inc. (PLUG) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to fall to $1.00 by the end of 2025, and can reach around $2.99 to $1.19 in 2026. And, the long-term forecast suggests that the stock may further drop to $1.29 - $0.99 in 2028, and $1.33 - $1.31 by 2031. So, the PLUG stock shows a strong downward trend in the next several years.
Short-term PLUG Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2025-02 | $3.77 | 41.73% |
| 2025-03 | $3.38 | 27.07% |
| 2025-04 | $1.77 | -33.46% |
| 2025-05 | $2.13 | -19.92% |
| 2025-06 | $1.00 | -62.41% |
| 2025-07 | $1.00 | -62.41% |
| 2025-08 | $1.00 | -62.41% |
| 2025-09 | $1.00 | -62.41% |
| 2025-10 | $1.00 | -62.41% |
| 2025-11 | $1.00 | -62.41% |
| 2025-12 | $1.00 | -62.41% |
In 2025, the PLUG stock price is expected to fluctuate between $1.0 and $3.77. According to the monthly forecast, the stock could drop to $1.00 by December 2024. If compared to the PLUG's current price, the stock could lose -62.41% by the end of this year.
Long-term PLUG Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2026 | $2.99 | $1.36 | $1.19 | -55.26% |
| 2027 | $1.58 | $0.74 | $0.95 | -64.29% |
| 2028 | $1.29 | $0.97 | $0.99 | -62.78% |
| 2029 | $1.38 | $1.25 | $0.66 | -75.19% |
| 2030 | $0.98 | $1.13 | $1.11 | -58.27% |
| 2031 | $1.33 | $0.92 | $1.31 | -50.75% |
| 2032 | $1.33 | $1.22 | $1.06 | -60.15% |
| 2033 | $0.78 | $1.28 | $1.60 | -39.85% |
| 2034 | $1.31 | $0.93 | $1.31 | -50.75% |
| 2035 | $1.21 | $1.27 | $0.89 | -66.54% |
| 2036 | $0.97 | $0.64 | $0.73 | -72.56% |
| 2037 | $1.23 | $0.62 | $0.94 | -64.66% |
| 2038 | $1.06 | $0.86 | $1.19 | -55.26% |
| 2039 | $0.94 | $0.70 | $1.13 | -57.52% |
| 2040 | $0.78 | $0.93 | $0.91 | -65.79% |
| 2041 | $1.18 | $1.12 | $1.37 | -48.5% |
| 2042 | $1.25 | $0.73 | $0.80 | -69.92% |
| 2043 | $0.71 | $0.84 | $1.27 | -52.26% |
| 2044 | $1.34 | $1.18 | $0.82 | -69.17% |
| 2045 | $0.80 | $0.67 | $0.92 | -65.41% |
| 2046 | $1.34 | $0.86 | $1.20 | -54.89% |
| 2047 | $0.75 | $1.04 | $1.53 | -42.48% |
| 2048 | $1.27 | $0.98 | $1.04 | -60.9% |
| 2049 | $0.82 | $0.74 | $0.80 | -69.92% |
| 2050 | $1.26 | $0.98 | $1.05 | -60.53% |
| 2051 | $1.62 | $0.98 | $1.27 | -52.26% |
Plug Power Inc. (PLUG) Stock Price Prediction & Forecast 2025
At the start of 2025, the PLUG stock was at $2.66. Today, it is trading at $2.66, which is 0.00% increase from price at the beginning of the year. By the end of this year, you can expect the stock to fall to $1.00 by December 2025 with a -62.41% change.
Plug Power Inc. (PLUG) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant depreciation in the PLUG stock. During this period, the PLUG's price is forecasted to shift from $2.99 to $1.11, which is -62.88% loss.
In 2026, the stock would possibly open at $2.99, descends to $1.36 by mid-year, and wraps up at $1.19, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $0.98, drop to $1.13 by mid-year, and finish at $1.11, which is -58.37% change from current price.
Plug Power Inc. (PLUG) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $1.33 to $0.91, which is down -50.70%
In 2031, we can expect PLUG to fluctuate between $1.31 and $1.33, a shift indicating a -50.70% loss by year-end compared to current price. And Until 2040, PLUG can likely vary from $0.78 to $0.91. By the end of 2040, the stock could record a -65.65% fall from today's stock price.
Plug Power Inc. (PLUG) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the PLUG stock can see an a downturn from $1.18 to $1.05 in this period. In 2041, the stock can experience a low of $1.12 by mid-year, closing the year at $1.37. This results in a -57.84% decrease from today.
Moving towards the end of 2050, PLUG is projected to open the year at $1.26. The stock may dip to $0.98 during mid-year and finish the year at $1.05. Compared to the stock's current price, this translates to an overall loss of -60.64% by 2050.
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PLUG Competitors
| Ticker | Company | Market Cap | Price | 1m Change | Forecast |
|---|---|---|---|---|---|
| NXU | Nxu, Inc. | - | $0.71 | 0.00% ▼ | $39.94 ▲ |
Last updated Jan 15 at 12:09 PM
PLUG : Buy, Sell Or Hold?
Analyst Ratings
Based on 23 analysts, 2 rated as a strong buy, 4 recommended a buy, 14 suggested a hold, 1 advised a sell, and 2 indicated a strong sell.Three months ago, out of 27 analysts, 2 analysts gave a strong buy rating, 6 a buy rating, 16 a hold rating, 1 advised selling, and 2 suggested a strong sell.So, according to analyst ratings, the recommendation for PLUG stock is Hold.
Expert Analysis
According to PLUG short-term and long-term forecast, Plug Power Inc. shares are projected to go down by 60.53%, and reach a value of $1.05 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 42.857142857142854, which signals Fear. Also, PLUG has recorded 9/30 green days, which reflects a 47.368421052631575% positivity rate with a price volatility of 0.08%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that PLUG stock is undervalued. So, Based on PLUG prediction and analysis, it may be the best time to hold PLUG stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "PLUG” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.
