Plug Power Stock Price Prediction 2025, 2030, 2035, 2040, 2050 for future? Is Plug Power Stock a good investment for long-term? Is a good time to buy Plug Power Stock?
If you are looking for the Plug Power stock price prediction or finding the potential of the Plug Power stock, this price forecast can be helpful for you. Our Plug Power stock price forecast is based on a deep technical analysis and the past performance of Plug Power stock. Here we will try to analyze the potential of Plug Power stock in the long term.
But before Plug Power stock's future price forecast, let us have a look at the company's business model and financial details.
About of Plug Power Inc
According to Metroterned.net website "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell system used primarily for the material handling and stationary power market.
They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, and associated hydrogen storage and dispensing infrastructure form which multiple products are available.
They sell and continue to develop fuel cell product solutions to replace lead acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey".
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Plug Power Company Total Revenue and Net Profit This Year?
In the last five years, there has been a tremendous jump in the revenue of the plug-power company. Five years ago, the total revenue of the company was $100 million, while this year's revenue has increased to $700 million.
But the company has to invest a lot of money to increase its revenue, resulting in a net loss year after year. This year, the net profit of the company is $-720 million, which is more than its total revenue.
Plug Power Stock Price Prediction 2025
If we analyse the chart of Plug Power Stock, then the price of the stock was going down for many years, but in the beginning of the year 2021, there was a huge jump in the stock, and the price of the stock reached up to $40. But since then, the stock has continued to decline. Because the net profit of the company is decreasing year after year, the EPS of Plug Power Company is -$1.60.
If we talk about Plug Power Stock Price Prediction 2025, then according to our analysis, a further decline in Plug Power Stock may continue. In the year 2025, the average price of the stock can be seen at $16.30 and the minimum price at $14.70. If the stock market remains bullish, then Plug Power Stock's maximum price will be $19 to $21.
Plug Power Stock Price Prediction 2030
If we talk about Plug Power Stock Price Prediction 2030, then the demand for the company's products will increase in future. If the company management is able to improve its net profit, then the stock can give good returns. Anyway, most brokerage houses are looking bullish on the future price targets of the stock. In the year 2030, the average price of Plug Power Stock is being estimated up to $33.65 and maximum price up to $38.75.
Plug Power Stock Price Prediction 2040
If we talk about Plug Power Stock Price Prediction 2040, then the Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell system used primarily for the material handling and stationary power market.
In the future, the company will have good opportunities to expand its business. If the company management is able to increase the market for its product, then in the year 2040, the average price of plug power stock can be up to $90 and the maximum price up to $107.
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Plug Power Stock Price Prediction 2050
If we talk about Plug Power Stock Price Prediction 2050, then it is expected to see a lot of volatility in the stock in such a long time because the market cap of the company is low. By the year 2050, Plug Power Stock's average price can remain at $240 and its minimum price at $200.
The maximum price of the stock is $263.50. If the Plug Power Company management manages to improve its net profit, then the stock may trade above our analysis in the long term.
Frequently asked questions
What is market cap of Plug Power Company?
The Plug Power Company's market cap at the time of writing this article was $4.50 billion.
What is the 52-week high and low price of Plug Power Stock?
Plug Power Stock's 52-week high is $31.50 and its 52-week low is $7.
What is the dividend yield of Plug Power Company?
The company is continuously running at a loss, so it does not give any dividends to its shareholders.
Will plug power stock hit $100?
According to our analysis, the stock may not reach $100 until 2030. Yes, it is possible that in the next ten years, the stock will touch $100.
Disclaimer:- "There is a lot of volatility in the stock market, due to which investing money in it is a risky business. Therefore, before investing money in the stock of any company, you must do a detailed analysis of that company and the stock of that company on your own behalf or take advice from your financial advisor".
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