According to Wallet Investor's Plug Power stock expectations, five years from now the stock could possibly surge to $87.1 a share based on an analysis of its current trend.
What is the future for Plug Power?
2022 Revenue Outlook During a business update on , Plug said it expected 2022 revenue of $900 million to $925 million, an 80% surge from 2020 and higher than its previous estimate of $825 million to $850 million. FactSet expects sales to reach $891 million.
What is price prediction for Plug Power stock?
The 24 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 43.50, with a high estimate of 78.00 and a low estimate of 25.00. The median estimate represents a +98.09% increase from the last price of 21.96.
Is Plug Power a buy hold or sell?
Plug Power has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 20 buy ratings, 5 hold ratings, and 1 sell rating.
Is Plug Power expected to increase?
Market consensus sees Plug Power's top line expanding by +80% YoY from $499 million in fiscal 2021 to $899 million in FY 2022, according to sell-side financial estimates sourced from S&P Capital IQ. Wall Street's consensus 2024 adjusted EBITDA estimate is even higher at $320 million.
How much will plug power be worth in 2022?
However, the algorithm-based Plug Power stock forecast made on 31 December by Wallet Investor for 2022–2026 says the price could be around $35.74 in a year's time.
What is the target price for plug?
High $78.00
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Median $43.50
Low $25.00
Average $43.92
Current Price $22.90
Will plug stock go up?
Stock Price Forecast The 24 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 43.50, with a high estimate of 78.00 and a low estimate of 25.00. The median estimate represents a +98.09% increase from the last price of 21.96.
Shares of fuel cell pioneer Plug Power (NASDAQ:PLUG) 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.