Stock Price Forecast
The 25 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 38.00, with a high estimate of 78.00 and a low estimate of 21.00. The median estimate represents a +47.46% increase from the last price of 25.77.
Similarly Is plug stock a good buy? It has an A+ Accumulation/Distribution Rating, indicating strong buying among institutional investors. Plug Power’s SMR Rating of D indicates that it outperforms 20% to 40% of other stocks. The A-to-E rating identifies companies with superior sales growth, profit margins and return on equity ratios.
What will plug stock be worth in 5 years? According to Wallet Investor’s Plug Power stock expectations, five years from now the stock could possibly surge to $93 a share based on an analysis of its current trend.
Additionally, Is plug a Buy Sell or Hold?
Plug Power has received a consensus rating of Buy. The company’s average rating score is 2.71, and is based on 18 buy ratings, 5 hold ratings, and 1 sell rating.
What is the future of Plug Power stock?
Heading into 2022, PLUG stock is expected to deliver higher revenue and narrower losses. Market consensus sees Plug Power’s top line expanding by +80% YoY from $499 million in fiscal 2021 to $899 million in FY 2022, according to sell-side financial estimates sourced from S&P Capital IQ.
Will plug stock go up tomorrow? If this Munafa value is near or nearing 100, then this stock might show an upward movement .
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Munafa value: 40 as on 08 Fri Apr 2022.
| Downside target | 25.11 |
|---|---|
| Upside target | 27.49 |
| Upside target | 27.75 |
| Upside target | 28.46 |
| Upside target | 29.6 |
Will Plug Power ever be profitable? However, PLUG’s outlook appears positive as the company raised 2022’s revenue guidance from $838 million to between $900 Million to $925 Million. West is now confident PLUG can become “meaningfully profitable” by 2025 and by 2030 expects revenues to increase above expectations.
Is Plug Power making money? Operating for more than two decades, Plug Power ( PLUG -3.14% ) has neither become profitable nor been able to generate positive cash flow from its operations. But the fuel cell company has been growing its revenue at an accelerated rate in the last few years.
Is Plug Power overvalued?
The average analyst price target among the 24 analysts covering Plug is $42, suggesting about 4.1% upside from current levels. The Verdict: At today’s price, Plug stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.
What is the target price of Plug? Stock Price Targets
| High | $78.00 |
|---|---|
| Median | $38.00 |
| Low | $21.00 |
| Average | $40.48 |
| Current Price | $27.32 |
What is the price target for NIO?
Stock Price Targets
| High | $552.16 |
|---|---|
| Median | $210.08 |
| Low | $153.62 |
| Average | $245.40 |
| Current Price | $20.42 |
What is the target price for DraftKings? The 26 analysts offering 12-month price forecasts for DraftKings Inc have a median target of 31.50, with a high estimate of 79.00 and a low estimate of 18.00. The median estimate represents a +91.02% increase from the last price of 16.49.
Who owns the most stock in Plug Power?
Top Institutional Holders
| Holder | Shares | Value |
|---|---|---|
| Vanguard Group, Inc. (The) | 49,661,545 | 1,401,945,415 |
| Blackrock Inc. | 48,032,562 | 1,355,959,225 |
| Allianz Asset Management GmbH | 22,633,789 | 638,951,863 |
| State Street Corporation | 13,328,597 | 376,266,293 |
Will Plug Power ever pay dividends?
PLUG POWER (NASDAQ: PLUG) does not pay a dividend.
Is plug profitable? LATHAM – Plug Power (Nasdaq: PLUG) said it ended 2021 recording its highest quarterly revenue ever. The green hydrogen producer reported fourth-quarter revenue of roughly $162 million, according to the Securities Exchange Commission (SEC) Tuesday. However, its investors have yet to see a profit come from that.
Why is plug dropping today? What happened. Shares of fuel cell pioneer Plug Power ( PLUG -0.94% ) dropped Wednesday morning after the company conducted a business update webcast and made an accompanying Securities and Exchange Commission (SEC) filing that featured new projections for fiscal 2022 revenue — and 2025 revenue as well.
Does NIO have a future?
Amid stiff competition, Nio expects to double and refresh its lineup in 2022 with three new electric vehicles. It began deliveries of the ET7, its first electric sedan, March 28. Nio plans to launch the ET5 in September and the ES7, a five-seater electric SUV, before year end.
Is Nio expected to rise? NIO Inc (NYSE:NIO)
The 29 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.97, with a high estimate of 86.67 and a low estimate of 24.11. The median estimate represents a +67.81% increase from the last price of 19.65.
What is the future of NIO?
NIO is set to begin deliveries of the ET7, a “premium” smart electric sedan. The company is also set to launch the ET5 in September 2022. The ET5 is basically the company’s answer to Tesla’s (NASDAQ:TSLA) Model 3.
Is DraftKings a good stock to buy? He predicted that revenue could grow by 63% in 2022, and by 38% annually through 2025. Despite the months-long selloff, analysts are cautiously optimistic about the stock. Of the 32 analysts covering the shares, 19 rated them a Buy or Overweight, 12 rated them a Hold, and one has a Sell rating.
Is DraftKings a good buy?
DraftKings is in an enviable place in the industry. It has a well-established brand, a growing customer base, dozens of potential U.S. states it can move into, high insider ownership, and a good balance sheet with $2.8 billion in cash and marginal debt on the books.
Is DraftKings overvalued? Not helping matters, infamous short seller Jim Chanos recently announced his firm Kynikos Associates is betting against DraftKings. Chanos sees DKNG stock as “drastically overvalued” with heavy spending on marketing to fuel the outfit’s successful growth and market share to date, as unsustainable.
Who are the investors in Plug Power? Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
| New York State | Yes | Post-IPO Debt – Plug Power |
| Hercules Capital | Yes | Post-IPO Debt – Plug Power |
| US Department of Energy | Yes | Grant – Plug Power |
| Air Liquide | Yes | Post-IPO Equity – Plug Power |
Who are Plug Power competitors?
Plug Power’s top competitors include Doosan Fuel Cell, Pajarito Powder, Ceres, ZeroAvia, Doosan Fuel Cell America, EnergyNova, Bloom Energy, Ballard Power Systems and Intelligent Energy.
What is the institutional ownership of Plug Power?
Ownership Summary
| Label | Value |
|---|---|
| Institutional Ownership | 52.05 % |
| Total Shares Outstanding (millions) | 578 |
| Total Value of Holdings (millions) | $8,526 |
