Plug Power Analysts Reset Expectations and Targets
ByAinvest
Tuesday, Mar 24, 2026 5:29 am ET1min read
PLUG--
Plug Power's (PLUG) analyst update includes a fair value estimate of $2.74 and price targets in the $1 to $2 range. The shift reflects a split narrative with some analysts focusing on Q4 revenue and positive gross margin, while others emphasize execution risk and softer 2026 revenue guidance. Analysts like Wells Fargo and Jefferies are giving Plug time to pursue its 2026 positive EBITDA ambition, while others like BMO Capital and TD Cowen are more cautious, citing demand challenges and execution risks.
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