Stocklytics Platform
Asset logo for symbol PLUG
Plug Power
PLUG51
$0.78arrow_drop_down2.03%-$0.01
Penny Stock
Asset logo for symbol PLUG
PLUG51

$0.78

arrow_drop_down2.03%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Plug Power (PLUG) Stocklytics Forecast

Plug Power Inc (PLUG) has been garnering a lot of attention in the stock market lately, and investors are eager to know what the future holds for this energy company. Analysts and AI predictions suggest that Plug Power has a bright future ahead. With its focus on hydrogen fuel cell technology, the company is well-positioned to benefit from the growing demand for clean energy solutions. Plug Power's stock price has seen significant growth in recent years, and this trend is expected to continue. According to analyst forecasts, PLUG stock price is predicted to rise steadily over the next few years, reaching new highs in 2023.
AI and machine learning algorithms have been employed to predict the future stock price of Plug Power Inc. These predictions take into account various factors such as historical stock performance, industry trends, and market conditions. Based on these algorithms, Plug Power's stock price is expected to see positive growth in the coming years. The forecasts indicate that PLUG stock has the potential to deliver strong returns for investors. Analysts have also provided price targets for Plug Power, with most of them predicting a significant increase in the stock price by 2023. These targets are based on detailed analysis and research conducted by the analysts. It is important for investors to consider these price targets when making investment decisions.
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Frequently Asked Questions

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What is the analyst price prediction for Plug Power (PLUG) stock?

Analysts have set a target price of $4.92 for Plug Power (PLUG), based on forecasts from 28 analysts. The predicted price range extends from a high of $18 to a low of $2. This represents a potential increase of up to 2.2K% and a decrease of 156.08% from the current price of $0.78. These forecasts are as of 2023 Nov 14.
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What are the analyst ratings for Plug Power (PLUG) stock?

The analyst ratings for Plug Power (PLUG) are distributed as follows: 6 analysts recommend buying, 12 have a neutral stance, and 4 suggest selling. The prevailing sentiment among the total of 22 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Plug Power .
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What is the AI price prediction for Plug Power (PLUG) stock?

At present, there is no AI or machine-learning-based price prediction available for Plug Power (PLUG) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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