Plug Power (PLUG) – Research Analysts’ Weekly Ratings Changes

Plug Power (NASDAQ: PLUG) recently received a number of ratings updates from brokerages and research firms:

• 11/24/2025 – Plug Power was given a new $7.00 price target on by analysts at Canaccord Genuity Group Inc..
• 11/24/2025 – Plug Power had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $7.00 price target on the stock.
• 11/20/2025 – Plug Power had its “hold” rating reaffirmed by analysts at Canaccord Genuity Group Inc.. They now have a $2.50 price target on the stock.
• 11/19/2025 – Plug Power had its “buy” rating reaffirmed by analysts at Cowen Inc.
• 11/17/2025 – Plug Power had its price target lowered by analysts at Susquehanna from $3.50 to $2.50. They now have a “neutral” rating on the stock.
• 11/16/2025 – Plug Power was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
• 11/11/2025 – Plug Power had its price target raised by analysts at Canaccord Genuity Group Inc. from $1.25 to $2.50. They now have a “hold” rating on the stock.
• 11/8/2025 – Plug Power was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
• 10/16/2025 – Plug Power had its “underweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $1.50 price target on the stock.
• 10/13/2025 – Plug Power had its price target raised by analysts at Susquehanna from $1.80 to $3.50. They now have a “neutral” rating on the stock.
• 10/9/2025 – Plug Power was given a new $4.40 price target on by analysts at HSBC Holdings plc.
• 10/9/2025 – Plug Power had its “buy” rating reaffirmed by analysts at HSBC Holdings plc.
• 10/9/2025 – Plug Power was upgraded by analysts at Hsbc Global Res to a “strong-buy” rating.
• 10/8/2025 – Plug Power had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
• 10/3/2025 – Plug Power had its price target raised by analysts at HC Wainwright from $3.00 to $7.00. They now have a “buy” rating on the stock.

Insider Transactions at Plug Power

In other Plug Power news, EVP Benjamin Haycraft sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $2.92, for a total transaction of $29,200.00. Following the completion of the transaction, the executive vice president owned 467,583 shares of the company’s stock, valued at $1,365,342.36. This represents a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.41% of the company’s stock.

Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.