Plug Power (PLUG.US) Price Target 2026/2027: 70% Upside – Rating and Stock Analysis

2,09
-0,71%
Price history for Plug Power (PLUG.US) – stock price at 2.09 $, August 2026
Plug Power stock price – price development 2026. Updated Aug 6, 2026.
Share this analysis:

Plug Power Price Target 2026: Analysts See 70% Upside

The average price target for Plug Power is $3.55. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 70,26% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Plug Power overvalued or undervalued?

Plug Power is currently undervalued with a gap of 70.3% relative to the price target.


The current price is $2.09, which places Plug Power in the undervalued category. The stock is considered undervalued when the price is below $3.20, and overvalued when the price exceeds $3.91.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Plug Power, the fair value range lies between $3.20 and $3.91.


See the full price target analysis for Plug Power →

Analyst Ratings for Plug Power stock in 2026: Hold

20 analysts cover Plug Power. Analysts are mostly neutral — 60% recommend Hold. The average price target is $3.55, which gives an upside of 70.3% from the current price.

Consensus: Hold (3.20/5)
Strong Buy
5 (25%)
Hold
12 (60%)
Strong Sell
3 (15%)
Strong Sell Sell Hold Buy Strong Buy
3.20 out of 5 based on 20 analysts

About Plug Power – Electrical Equipment & Parts

Plug Power laver brintbrændselscelleløsninger til både mobile og stationære strømmarkeder i hele Nordamerika og internationalt. De tjener primært penge på at udvikle og sælge teknologi til brændselsceller, især dem der bruger proton exchange membrane. Plug Power er kendt for deres GenDrive system, som giver strøm til elektriske køretøjer inden for materialehåndtering. Derudover sælger de GenFuel, der er hele systemet til levering og lagring af flydende brint. De tilbyder også GenCare, som er deres IoT-baserede serviceprogram. Virksomheden blev grundlagt i 1997 og har nu over 3.000 ansatte. Plug Power leverer også GenSure, deres stationære løsning til backup-strøm. Read more about the company

Key Figures for Plug Power

$ 3,0B Market cap
$ 740M Revenue
Electrical Equipment & Parts Industry
- P/E
4.07 P/S
3.83 P/B
USA Listed on exchange
Industri Sector

What kind of stock is Plug Power?

Speculative stock

Plug Power is classified as a speculative stock.

Score Overview for Plug Power

💰 Value Score 21/100 (Low)
⭐ Quality Score 1/100 (Very Low)
🚀 Momentum Score 11/100 (Very Low)
📊 Total Score 11/100

⚠️ 4 red flags identified 4 critical

Our analysis has identified 4 potential risk factors in Plug Power that investors should be aware of.

🚨 Weak balance sheet (elevated risk): Altman Z2 is -13.88 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
🚨 Negative profit margin: The profit margin is -227.1% – the company is losing money on its operations.
🚨 Negative return on equity: ROE is -128.8% – the company is generating a negative return for shareholders.
🚨 High short interest: 26.7% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

The P/S ratio is 4.1. The P/B ratio is 3.8. The PEG ratio is 0.84 — below 1.0 suggests the stock is cheap relative to its growth rate.

🏦 Financial Health

The Piotroski score is 4 out of 9 — average financial health. Altman Z2 is -13.88 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 103.5% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 26.66% — very high, the market is skeptical.

Insider Trading in Plug Power 2026: The Signal Is mostly negative

In 2026, insiders at Plug Power have made 20 transactions – split into 17 purchases and 3 sales. On a net basis, insiders put 4,382 $ into the stock, which is a positive signal. Active insiders include Kenausis Gregory, Joggerst Patrick, BONNEY MARK J and others. In the short term (last 3 months), the insider signal is mostly negative.

Short-Term Signal (3 months): Mostly negative

Insiders have sold more than they have bought over the last 3 months.

Over the last 3 months: 4 purchases and 1 sales. A net 96,606 $ out of the stock.

Long-Term Signal (all transactions): Mixed

There are both insider purchases and sales, with no clear direction. This is normal for large companies, where management adjusts positions on an ongoing basis.

Across the last 20 transactions: 17 purchases and 3 sales. A net 4,382 $ into the stock.

Latest purchase: Kenausis Gregory bought 3,980 shares at 3 $ each on 2026-07-01. The stock has since fallen 22.5%.

Latest sale: HELMER MAUREEN O sold 50,000 shares at 3 $ each on 2026-06-08.

Who is buying: Kenausis Gregory, Joggerst Patrick, BONNEY MARK J, Angle Colin M, Marsh Andrew and others.

Who is selling: HELMER MAUREEN O, Haycraft Benjamin, Benjamin Haycraft.

Latest Insider Trades in Plug Power (2026)

The table shows the last 20 reported insider transactions in Plug Power. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-01 Kenausis Gregory Buy 3,980 3 10,786
2026-07-01 Joggerst Patrick Buy 7,644 3 20,715
2026-07-01 BONNEY MARK J Buy 8,764 3 23,750
2026-07-01 Angle Colin M Buy 3,558 3 9,642
2026-06-08 HELMER MAUREEN O Sell 50,000 3 161,500
2026-04-01 Marsh Andrew Buy 3,688 2 8,335
2026-04-01 Mahtani Kavita Buy 9,956 2 22,501
2026-04-01 Kenausis Gregory Buy 8,712 2 19,689
2026-04-01 Joggerst Patrick Buy 8,850 2 20,001
2026-04-01 BONNEY MARK J Buy 10,509 2 23,750

Who is buying and selling Plug Power shares in 2026?

The following insiders have bought shares in Plug Power: Kenausis Gregory, Joggerst Patrick, BONNEY MARK J, Angle Colin M, Marsh Andrew and others. In total, 339,482 $ was bought across 17 transactions. The following insiders have sold shares: HELMER MAUREEN O, Haycraft Benjamin, Benjamin Haycraft. In total, 335,100 $ was sold across 3 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Plug Power Short Selling 2026: 26.7% Sold Short

Extremely shorted: 26.7% of the free float
Short % of free float
26.7%
Assessment
Extremely shorted
Short squeeze risk
Very High
Data source
SEC
Updated daily
The stock has an extremely high share of short selling. More than 20% of the freely traded shares are sold short, which is unusual and can point to great skepticism among institutional investors. The risk of a short squeeze on positive news is considerable.

What does this mean for you as an investor?
A short interest of 26.7% means that 26.7% of the freely traded shares in Plug Power have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

The next potential catalyst is the earnings report on 8/10/2026. With a short interest of 26.7%, the report can trigger considerable volatility.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
26.7%

When Does Plug Power Report Earnings – Next Date: 8/10/2026

The next earnings report from Plug Power is scheduled for August 10, 2026, after the market closes. This report covers the second quarter (Q2), which ended on June 30, 2026.



Technical Analysis of Plug Power 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Plug Power (PLUG.US) – RSI 41, MACD negative (bearish), daily candlestick chart August 2026
Plug Power technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Plug Power Inc

Plug Power Inc is in a short-term downtrend. The price of $2.10 is 2.1% below the 20-day average ($2.15). Medium term, the picture is negative: the price is 21.9% below the 50-day average ($2.69). Long term, the stock is 17.1% below the 200-day average ($2.53), which signals a long-term downtrend.

Golden Cross: The 50-day average (2.69) is above the 200-day average (2.53), which is a classic bullish signal for Plug Power Inc.

Is Plug Power Inc overbought or oversold?

Plug Power Inc has an RSI of 40.7. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for Plug Power Inc

Daily MACD: MACD is negative (-0.154), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-0.186) by 0.032, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is negative (-0.047), which indicates a broader bearish long-term trend. MACD5 is below the signal line (0.127) by 0.174, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bearish (MACD negative). However, momentum shows signs of improving on a daily basis – a potential trend reversal could be ahead, but it is not confirmed yet.

Risk Profile for Plug Power Inc

Plug Power Inc has an annual standard deviation of 97.9%, which classifies the stock as extreme risk. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Plug Power Inc

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.154). Weekly bearish (-0.047).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 40.7 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About Plug Power stock in 2026

Should you buy Plug Power stock now?
No, the technical signal for Plug Power is currently SELL. Plug Power trades at $2.09 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -0.154 with rising momentum (signal: -0.186); RSI is at 40.7 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $3.55 points to 70.3% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Plug Power stock?
The average analyst price target for Plug Power is $3.55. The current price is $2.09, which gives an upside of 70.3%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $3.20 and $3.91.
Is Plug Power a dividend stock?
No, Plug Power does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Plug Power stock?
Plug Power is rated as a stock with extreme risk. the annual standard deviation is 97.9%, which classifies the stock as extreme risk.
Is Plug Power overvalued?
No, Plug Power is considered undervalued based on the analyst price target (70.3% upside). Plug Power has the following valuation ratios: a P/S ratio of 4.1, a P/B ratio of 3.8. The analyst price target suggests that the stock is undervalued by 70.3%.
Is Plug Power overbought?
No, Plug Power is not overbought. RSI is at 40.7 (neutral zone). The technical indicators show: RSI is at 40.7 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 2.8% below the 20-day average (short-term downtrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next Plug Power earnings report?
Plug Power reports its next earnings on August 10, 2026. The stock currently trades at $2.09.
Is Plug Power shorted?
Yes, Plug Power is shorted with 26.7% of the free float sold short. This is an extremely high level of short selling, which points to great skepticism among institutional investors. The risk of a short squeeze on positive news or earnings is very high. Data is updated daily based on official filings with the SEC.
Are insiders buying Plug Power stock?
No, insiders are not buying Plug Power shares – they are net sellers. Over the last 3 months, insiders have made 4 purchases and 1 sales. On a net basis, 96,606 $ worth of shares were sold. Across the last 20 reported transactions, the split is 17 purchases and 3 sales, with a net 4,382 $ bought. Active sellers include HELMER MAUREEN O, Haycraft Benjamin, Benjamin Haycraft. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is Plug Power a good stock?
Based on our total score, Plug Power is rated as a disastrous stock with a total score of 11 out of 100. The stock scores very low on value, quality and momentum – it is among the worst in our database. The score is made up of Value: 21/100, Quality: 1/100, Momentum: 11/100. In addition: analysts see 70.3% upside to the price target; technical signal: Strong Sell. Whether Plug Power is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Plug Power stock?
The outlook for Plug Power based on current data: the average analyst price target is $3.55 (+70.3%); the stock is in a downtrend (below SMA50 and SMA200); the next earnings report is due on 8/10/2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Plug Power stock falling?
Plug Power is falling right now. The technical indicators show: the price is 2.8% below the 20-day average; short interest is 26.7% (high – many are betting on a decline); insiders have mostly been buying the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Plug Power go?
The average analyst price target for Plug Power is $3.55, which corresponds to a potential gain of 70.3% from the current price of $2.09. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Plug Power fall?
We lack enough history to give a specific floor for Plug Power. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Plug Power do?
Plug Power laver brintbrændselscelleløsninger til både mobile og stationære strømmarkeder i hele Nordamerika og internationalt. De tjener primært penge på at udvikle og sælge teknologi til brændselsceller, især dem der bruger proton exchange membrane. Plug Power er kendt for ... The company belongs to the Industri sector, more specifically the Electrical Equipment & Parts industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Plug Power as an investment.
Did Plug Power raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Plug Power. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Plug Power making money or losing money?
No, Plug Power is currently not making money — the company is losing money with a negative profit margin of -227.1%, a substantial loss. That means the business loses money on every dollar of revenue. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can Plug Power go bankrupt?
The bankruptcy risk of Plug Power is rated as elevated. Altman Z2 (a model for assessing financial distress) is -13.88 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 4 — which is average. Debt relative to equity is 104% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Plug Power have a lot of debt?
Plug Power has moderate debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 104%. For the industri sector, 80-150% counts as a typical level. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.