Plug Power Stock Target Price and Analyst Consensus
| PLUG Stock | USD 2.12 0.22 9.40% |
The current analyst and expert consensus on Plug Power is Buy with 13 hold recommendations. The current projected Plug Power target price consensus is 2.75 with 24 analyst opinions. One of the most common ways Plug Power analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Plug Power vendors, executives, and/or customers. Plug Power recommendation module provides expert sentiment on the projected Plug Power target price to derive its highest and lowest estimates based on target price standard deviation of 5.3385.
Lowest Forecast 2.5 | Highest Forecast 3.05 | Target Price 2.75 |
It's important to approach Plug Power's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Plug Power Target Price Consensus
Plug target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Plug Power's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 24 | Buy |
Most Plug analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Plug stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Plug Power, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPlug Power Target Price Projection
Plug Power's current and average target prices are 2.12 and 2.75, respectively. The current price of Plug Power is the price at which Plug Power is currently trading. On the other hand, Plug Power's target price is what analysts think the stock is worth. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Plug Power Target Price
Plug Power Analyst Ratings
Plug Power's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Plug Power stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Plug Power's financials, market performance, and future outlook by experienced professionals. Plug Power's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Plug Power price targets
Plug Power's stock target price is an estimate of its future price, usually made by analysts. Using Plug Power's target price to determine if it is a suitable investment can be done through the following steps:- Look at Plug Power's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Plug Power's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Plug Power Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Plug Power is a key component of Plug Power valuation and have some predictive power on the future returns of a Plug Power.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plug Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Macroaxis Advice on Plug Power to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.