Plug Power stock forecast: $132.5m asset sale
Plug Power is a US hydrogen and fuel-cell company undertaking a $132.5m asset sale, facing securities class actions and preparing to report full-year 2025 results amid scrutiny of its liquidity position. Explore third-party PLUG price targets and technical analysis.
Plug Power, Inc. (PLUG) is trading around $1.93 in early U.S. trading on 27 February 2026, moving within Capital.com’s intraday range of $1.80–$1.95 as of 8:54am (UTC). The price action follows a volatile February, as market participants focus on forthcoming disclosures about liquidity and funding plans ahead of the next results date. Past performance is not a reliable indicator of future results.
Plug Power is executing a $132.5 million asset sale of its Project Gateway site to Stream Data Centers, described as the first step in a broader plan to raise more than $275 million in liquidity (Plug Power, 26 February 2026). At the same time, several law firms have announced securities class action filings alleging past misstatements related to a Department of Energy loan and hydrogen project funding (GlobeNewswire, 24 February 2026). The stock is also trading ahead of Plug Power’s scheduled fourth-quarter and full-year 2025 earnings update and conference call on 2 March 2026, where market participants are likely to scrutinise cash flow, asset monetisation and capital structure details (Benzinga, 23 February 2026).
Plug Power stock forecast 2026–2030: Third-party price targets
As of 27 February 2026, third-party Plug Power stock predictions show a wide dispersion in 12-month price targets and predominantly Hold-type views, as markets weigh liquidity, dilution risk and execution across the hydrogen project pipeline.
Public.com (Wall Street target consolidation)
Public.com states that 14 analysts assign PLUG a consensus Hold rating and a consolidated 12-month price target of about $2.10. The platform explains that this figure aggregates recent Wall Street estimates as analysts reassess governance developments and capital-raising efforts (Public.com, 5 February 2026).
Stock Analysis (consensus breakdown)
Stock Analysis notes that the 14 analysts covering Plug Power maintain a Hold consensus and an average 12-month price target of $2.10, with individual targets ranging from $0.50 to $7. It highlights the broad range of projections as analysts balance balance-sheet constraints and funding needs against potential growth in hydrogen and fuel-cell demand (Stock Analysis, 25 February 2026).
MarketBeat (broker consensus detail)
MarketBeat shows that 17 research firms rate Plug Power overall as Hold, with an average 12-month price target of about $2.73 and published objectives spanning roughly $0.75 to $7. The service says sentiment remains mixed, with some brokers flagging cash burn and dilution risk, while others refer to potential upside if the company executes on key projects (MarketBeat, 16 February 2026).
GROWTH Investing (February update)
GROWTH Investing lists an average PLUG price target of $2.25 from 16 analysts, with individual estimates between $0.75 and $7. It notes that the average has trended lower over recent quarters as funding concerns and execution challenges weigh on models, while some analysts retain higher upside scenarios (GROWTH Investing, 24 February 2026).
Benzinga (consensus snapshot)
Benzinga reports that Plug Power holds a Hold consensus rating, with a mean 12-month price target of $3.98 based on 30 analyst ratings. It adds that the three most recent updates from TD Cowen, Clear Street and Canaccord Genuity average about $2.50, alongside cautious commentary on profitability, cash burn and tariff-related cost pressures (Benzinga, 1 February 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
PLUG stock price: Technical overview
On the daily chart, the PLUG stock price trades near $1.93 as of 8:54am (UTC) on 27 February 2026. The price is hovering just above the 10-day SMA around 1.87, while remaining below the 20-, 50-, 100- and 200-day moving averages clustered near 1.97 / 2.14 / 2.43 / 1.96. The 10-day EMA and Hull MA, both near 1.91, also sit close to the current price, suggesting consolidation within Capital.com’s intraday $1.80–$1.95 range. The 14-day RSI near 44 indicates mid-range momentum, and an ADX around 13 points to a weak underlying trend rather than a strong directional phase.
On the topside, the first level to watch is the classic R1 pivot near 2.52. A sustained daily close above this area would bring the 2.89–3.11 R2–R3 band into focus as the next potential resistance zone. On pullbacks, the classic pivot around 2.26 provides an initial reference point, while the 200-day SMA near 1.96 marks a key moving-average shelf. A decisive break below this broader zone could open the way towards the S1 support region around 1.86–2.01 (TradingView, 27 February 2026).
This technical analysis is provided for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any instrument.
Plug Power share price history (2024–2026)
PLUG’s stock price has recorded significant swings over the past two years, moving from a late-February 2024 close near $3.53 to around $1.93 by 26 February 2026. The stock rallied through much of the first half of 2024, rising above $5 intraday on 14 May before easing back under $3.50 into the summer. By October 2024, PLUG traded mostly in the low-to-mid $2 range and ended the year at about $2.17.
In 2025, the price initially moved higher, reaching levels above $3.20 in early January. However, the broader trend turned lower from late spring, with the stock falling below $1 in early June before recovering into the $1.30–$1.70 band over the summer. Volatility increased again in the autumn, as PLUG rebounded to the $3.40–$4.30 area in October 2025 before another move lower, closing 2025 at $1.99. As of February 2026, the share price remains choppy but relatively range-bound – trading between roughly $1.80 and $2.60 – with a close near $1.93 on 26 February 2026.
Past performance is not a reliable indicator of future results.
Plug Power (PLUG): Capital.com analyst view
Plug Power’s share price has been volatile over the past two years, with pronounced declines followed by sharp recoveries as expectations around funding, execution and the hydrogen sector evolve. The recent consolidation around the high-$1 range follows a decline from mid-2024 peaks above $5 and an autumn 2025 rebound towards $4, illustrating how quickly positioning can shift as new information emerges.
Recent company updates and legal developments add further context. Plug Power has agreed a $132.5 million asset sale of its Project Gateway site to Stream Data Centers as part of a plan targeting more than $275 million in additional liquidity. Some market participants may interpret this as a step towards strengthening near-term funding visibility, while others may focus on execution risk and the need for further measures. At the same time, multiple law firms have announced securities class actions alleging past misstatements linked to a U.S. Department of Energy loan and project plans. These proceedings introduce an additional layer of uncertainty, even as investors continue to assess the company’s role in hydrogen infrastructure and the potential impact of policy support for clean energy.
Capital.com’s client sentiment for Plug Power CFDs
As of 27 February 2026, Capital.com client positioning in Plug Power CFDs is currently skewed towards long positions, with buyers at 99.4% and sellers at 0.6%. This represents a net long bias of approximately 98.9 percentage points. These figures reflect open positions on the Capital.com platform at the time of writing and may change as market conditions evolve.
Summary – Plug Power 2026
- As of 8:54am (UTC) on 27 February 2026, Plug Power trades near $1.93, below mid-2024 highs above $5 and following significant volatility through late 2025.
- Daily technical indicators show the price hovering around short-term moving averages, with RSI in the mid-40s and ADX signalling a relatively weak trend environment.
- Key factors in focus include liquidity and funding plans, execution across hydrogen projects, broader sector sentiment, and the balance between potential dilution and longer-term growth expectations.
- Recent developments include a $132.5 million asset sale to Stream Data Centers aimed at supporting liquidity, alongside newly announced securities class actions related to prior disclosures.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Plug Power stock?
Plug Power’s largest shareholders generally consist of a mix of institutional investors, such as asset managers, exchange-traded funds and mutual funds, alongside company insiders. Exact ownership percentages change each quarter as funds rebalance or adjust exposure. Public filings submitted to the US Securities and Exchange Commission (SEC) offer the most up-to-date breakdown of major holders. Investors often review these disclosures to assess institutional participation and potential concentration risk.
What is the 5-year Plug Power share price forecast?
There is no single agreed five-year PLUG stock forecast. Most published analyst targets focus on 12-month horizons, and even these show a wide range of estimates. Longer-term projections depend on variables including funding access, project execution, demand for hydrogen solutions and broader market conditions. Given these uncertainties, long-term forecasts are typically viewed as indicative scenarios rather than precise outcomes, particularly in a volatile and capital-intensive sector.
Is Plug Power a good stock to buy?
Whether Plug Power is considered a ‘good’ stock will depend on an investor’s objectives, risk tolerance and time horizon. The company operates in the hydrogen and fuel-cell sector, which may present growth opportunities but also involves funding, execution and regulatory risks. Share price volatility in recent years reflects these factors. Investors usually review financial performance, balance sheet strength and sector dynamics before making any investment decision.
Could Plug Power stock go up or down?
Plug Power’s share price can move in either direction, sometimes sharply, in response to earnings results, funding updates, policy developments or broader market conditions. Technical indicators may signal a weak or range-bound trend at times, while analyst targets often show a broad dispersion of views. This combination points to uncertainty rather than a clear directional consensus. As with any listed equity, price movements reflect both company-specific developments and wider market sentiment.
Should I invest in Plug Power stock?
Deciding whether to invest in Plug Power stock is a personal decision that should reflect your financial situation, objectives and appetite for risk. Companies operating in emerging or capital-intensive sectors can experience significant price fluctuations. It may be useful to review independent research and, where appropriate, seek professional advice. This content is provided for informational purposes only and does not constitute investment advice.
Can I trade Plug Power CFDs on Capital.com?
Yes, you can trade Plug Power CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.