Plug PowerPLUG
About: Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
Employees: 3,224
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
31% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 64
22% more capital invested
Capital invested by funds: $804M [Q3] → $981M (+$177M) [Q4]
18% more call options, than puts
Call options by funds: $60.3M | Put options by funds: $51.2M
10.19% more ownership
Funds ownership: 40.23% [Q3] → 50.41% (+10.19%) [Q4]
3% more funds holding
Funds holding: 432 [Q3] → 447 (+15) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 119
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Piper Sandler Kashy Harrison 40% 1-year accuracy 17 / 43 met price target | 2%upside $0.80 | Underweight Maintained | 14 May 2025 |
Wells Fargo Michael Blum 55% 1-year accuracy 18 / 33 met price target | 27%upside $1 | Equal-Weight Maintained | 14 May 2025 |
Canaccord Genuity George Gianarikas 30% 1-year accuracy 16 / 54 met price target | 27%upside $1 | Hold Maintained | 13 May 2025 |
Susquehanna Biju Perincheril 38% 1-year accuracy 23 / 61 met price target | 59%upside $1.25 | Neutral Maintained | 14 Apr 2025 |
Seaport Global Tom Curran 33% 1-year accuracy 2 / 6 met price target | 5%downside $0.75 | Sell Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 27 articles about PLUG published over the past 30 days









