Plug Power Stock Forecast 2023, 2025, 2028, 2030

Plug Power Stock Forecast 2023, 2025, 2028, 2030

Plug Power (PLUG) is one of the trending electronic stocks in the market. If you’re looking for the Plug Power stock forecast or finding the potential of PLUG, this forecast can be helpful for you. Our forecast is based on a deep technical analysis and the current performance of Plug Power stock. Here we will try to analyze the potential of Plug Power (PLUG) stock in the long term.

Plug Power stock forecast

Year Minimum Price Average Price Maximum Price
2023 $12.31 $15.24 $23.17
2024 $16.29 $23.08 $31.46
2025 $21.32 $30.56 $46.12
2026 $27.86 $43.24 $51.46
2027 $31.19 $48.85 $56.17
2028 $41.62 $52.69 $63.85
2029 $47.29 $54.08 $65.19
2030 $53.12 $62.39 $74.63
2031 $62.35 $75.21 $84.32

The historical performance of Plug stock looks extremely volatile. Plug power stock has shown extensive growth after the IPO launch. The value of PLUG stock rallied to an all-time high (ATH) of $1498.00 in March 2000. However, after rallying to its ATH, since then Plug Power has been showing a bearish performance.

The Plug Power stock has lost its value by 92% in the bearish events of 2022. As per our forecast and current market situation, the value of Plug Power (PLUG) stock will not recover very soon. If we measure the current performance Plug Power will hardly touch its recent ATH this decade. There are possibilities that if the market sees a good bull run the value of PLUG stock may boost in the upcoming months.

Plug Power Inc (PLUG) overview

Stock Name Plug Power Inc
Ticker Symbol PLUG
Country USA (Nasdaq)
Official Website plugpower.com
Sector Electrical Equipment & Parts
Market Cap $7.9 Billion
All-time high $1498.00 (March 10, 2000)
CEO Andrew Marsh
Competitors Loop Energy, EH Group, H2Pro.

Plug Power stock forecast 2023

As the whole market is going through bearish events, Plug Power’s performance can be slow this year. According to our forecast, the average value of PLUG stock can be around $15.24 in 2023. The year can end with a maximum value of $23.17 if there is any bullish event. However, if a bearish environment continues in the market the minimum value of PLUG stock can be around $12.31. There are strong possibilities that Plug Power may recover its position if there is some positive environment in the market.

Plug Power stock forecast 2024

According to some market experts, electronic stocks may perform well in 2024. According to our forecast, the maximum value of Plug Power stock can be around $31.46 by 2024. However, the average price of Plug Power can be around $23.08 if current growth continues. And if there is any bearish trend the minimum price of Plug Power stock can be down up to $16.29. In the next bull rally, the prices of Plug Power may surge more than our long-term Plug Power forecast.

Plug Power stock forecast 2025

As per some market experts, the market situation can be better this year. Along with other electronic stocks, the PLUG stock may recover from long bearish events in 2025. As per our price forecast, Plug Power can touch the maximum price level of $46.12 in 2025. If current performance continues the average price level of Plug Power stock can be around $30.56. However, if there are bearish events in the market the minimum price of Plug Power stock can be around $21.32.

Plug Power stock forecast 2026

As per our Plug Power forecast, their prices can hit a new ATH level this year. If the market performs as per our calculation the maximum value of Plug Power may touch $51.46 in 2026. The year 2026 can end with an average value of $43.24 in 2026. However, if the market turns bearish, the minimum value of Plug Power can be traded at around $27.86. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.

Plug Power stock forecast 2027

Plug Power prices may soar and cross the last ATH this year. According to our price forecast, the average value of Plug Power stock can be around $48.85. While the minimum value of Plug Power can be around $31.19. If the market sees some good movement the value of PLUG stock may skyrocket and surpass most price forecasts. According to our calculation, the maximum value of Plug Power stock can be around $56.17.

Plug Power stock forecast 2028

Plug Power is an emerging electric automaker and it has the potential to touch great heights, as the demand for electric vehicles is increasing day by day. According to our forecast, the average value of Plug Power stock can be around $52.69 in 2028. If the market turns bullish the maximum price of Plug Power stock may touch $63.85. However, if the market doesn’t perform as per our expectation the minimum price of Plug Power stock can be around $41.62.

Plug Power stock forecast 2029

Plug Power can be a profitable investment in the long term. As per our forecast, the maximum value of Plug Power stocks can be around $65.29. The average value of Plug Power can be around $54.08 if everything goes as per our calculations. However, if the market sees bearish events the minimum value of Plug Power stock can be down up to $47.19. If more investors are attracted to Plug Power in between these years the value of Plug Power can be much higher in 2029 than our forecast.

Plug Power stock forecast 2030

Plug Power stock can give great returns if you can hold it till 2030. As per our long-term Plug Power stock forecast, their value can hit a new ATH level this year. In 2030, we may expect an average value of $62.39 for Plug Power. If the market gets bullish, Plug Power may surge more than our forecast. The maximum value of Plug Power can be around $74.63 in 2030. However, the minimum value of Plug Power can be around $53.12 if the market turns bearish.

Plug Power stock forecast 2031

The performance of Plug Power can be bullish in 2031 but it will hardly touch the recent ATH. By 2031, we may expect an average price of $75.21. If current growth continues, our maximum forecast for Plug Power is $84.32 in 2031. The minimum price level of Plug Power can be around $62.35 if the market turns bearish. However, if the market gets bullish, Plug Power may surge more than our forecast in 2031.

Plug Power Inc (PLUG) Chart



Is Plug Power (PLUG) a good stock to buy?

Plug Power (PLUG) stock is showing a risk-framing segment. Some market analysts have suggested that the price of Plug Power stock can go down if the market doesn’t see a good recovery. The PLUG stock performed like a star in its initial phase but now it is struggling to gain its position. However, if the company takes some bold steps the Plug Power stock may recover in the next few months.

Investors need to keep in mind that stock forecasts are not always trustable. Even though Plug Power’s performance seems bullish in the long term, Plug Power and other stocks are subject to market risk. If you are a smart investor and believe to make long-term investments, Plug Power can be a good choice. Before making any investment decision in Plug Power (PLUG) or any other stock proper risk management is suggested.

Will Plug Power stock recover?

Plug Power Inc is currently struggling to manage its position. If we measure the current performance, it doesn’t look like the Plug Power stock will recover very soon. As per our long-term forecast, the performance of PLUG stock may improve but it will hardly touch the recent ATH.

However, in the stock market, nothing is impossible. As we have seen in the past, a great bull run or bear rally can destroy all the stock forecasts in seconds so it’s not easy to say that the forecasts can be accurate. If more investors are attracted to Plug Power stocks and pump their investment the value of Plug Power can skyrocket and it may hit the recent ATH before our forecast.


FAQs

What is the latest price target for Plug Power (PLUG)?

There are many analysts in the market that has given different price target for Plug Power stock. The latest average price target for Plug Power (PLUG) is $28.05.

Will Plug Power stock go up?

Plug Power is one of the most popular electronic stocks in the market that has the potential to touch new highs. However, It’s not easy to forecast the accurate price behavior of Plug Power (PLUG) or any other stock. The current market sentiments look bearish but the performance of Plug Power stock may improve in the next few months.

Will Plug Power be profitable?

According to some market analysts, the company has not been able to generate profits so far in more than 20 years of its history. However, the financial performance of Plug Power looks better this year than in recent years.

Where will Plug Power stock be in 5 years?

The long-term forecast for Plug Power looks bullish but the actual value of Plug Power stock in five years depends on many factors including the company‚Äôs financial performance, demand, and supply of Plug Power products. As per our price forecast, the maximum price level of Plug Power can be between $31 to $65 in the next 5 years, if current growth continues. However, market experts have suggested that the PLUG stock can be zero if the company situation doesn’t improve.

Where will the Plug Power stock be in 10 years?

If we measure the past performance of Plug Power and the current market situation the long-term forecast of Plug Power stock looks bullish. The market movement can be positive in the upcoming months. Even if the current performance continues, Plug Power may cross $100 in the next 10 years. However, if you’re looking for big gains, it depends upon which type of investment you choose, for the long term or the short one.

Is Plug Power a good long term investment?

It’s almost impossible to forecast the accurate value of stocks but a long term investment in Plug Power looks profitable. As we have measured the performance of PLUG stock it is looking risky. If Plug Power products attract more customers or more investors are attracted to Plug Power stocks the value of Plug Power stocks may improve in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in Plug Power.

Will Plug Power (PLUG) stock pays dividends?

The Plug Power stock doesn’t pay dividends.