In 10 Years, Will You Wish You'd Bought Plug Power Stock Right Now?
Plug Power's stock has risen over 30% since 2026 began, with some analysts predicting further growth. Despite revenue growth, the company's stock has underperformed the S&P 500 over the past decade due to shareholder dilution.
Plug Power's stock price has increased by more than 30% since the start of 2026. Analyst Eric Stine has a $7 price target, suggesting over 150% potential upside. Over the past decade, Plug Power's revenue grew from $86 million to over $700 million, driven by expanding its product lineup beyond GenDrive fuel-cell systems. However, the company's stock has underperformed the S&P 500, largely due to significant shareholder dilution. Plug Power remains a money-losing business, with analysts expecting losses for at least the next two fiscal years. The company has responded with asset sales, debt issuances, and further shareholder dilution to stay afloat.
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