Plug Power Inc [NASDAQ: PLUG] price plunged by -4.92 percent to reach at $114109998.78.
A sum of 60002968 shares traded at recent session while its average daily volume was at 114.11M shares. Plug Power Inc shares reached a high of $1.25 and dropped to a low of $1.13 until finishing in the latest session at $114110000.0.
The one-year PLUG stock forecast points to a potential downside of -6410674057.3. The average equity rating for PLUG stock is currently 2.72, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Plug Power Inc [PLUG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PLUG shares is $1.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PLUG stock is a recommendation set at 2.72. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Seaport Research Partners have made an estimate for Plug Power Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 27, 2025. The new note on the price target was released on November 14, 2024, representing the official price target for Plug Power Inc stock. Previously, the target price had yet another raise to $2, while Citigroup analysts kept a Sell rating on PLUG stock.
The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 0.43.
PLUG Stock Performance Analysis:
Plug Power Inc [PLUG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.50. With this latest performance, PLUG shares gained by 25.20% in over the last four-week period, additionally sinking by -52.26% over the last 6 months – not to mention a drop of -45.54% in the past year of trading.
Insight into Plug Power Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Plug Power Inc [PLUG] shares currently have an operating margin of -153.84% and a Gross Margin at -84.03%. Plug Power Inc’s Net Margin is presently recorded at -312.29%.
Return on Equity for this stock declined to -47.30%, with Return on Assets sitting at -47.30%.
PLUG Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PLUG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Plug Power Inc go to 51.43%.
Plug Power Inc [PLUG] Institutonal Ownership Details
There are presently around $43.22%, or 45.69% of PLUG stock, in the hands of institutional investors. The top three institutional holders of PLUG stocks are: VANGUARD GROUP INC with ownership of 69.97 million shares, which is approximately 9.4953%. BLACKROCK INC., holding 62.35 million shares of the stock with an approximate value of $$145.28 million in PLUG stocks shares; and BLACKROCK INC., currently with $$66.87 million in PLUG stock with ownership which is approximately 3.8952%.
