![]() Plug Power stock predictions for November 2023. Price at the end 54.45, change for October 4.99%. Averaged Plug Power stock price for month 53.80. Maximum value 57.72, while minimum 51.18. The forecast for beginning of October 51.86. Plug Power stock price predictions for October 2023. Price at the end 51.86, change for September 0.64%. Averaged Plug Power stock price for month 51.78. Maximum value 54.97, while minimum 48.75. The forecast for beginning of September 51.53. Plug Power stock predictions for September 2023. Price at the end 51.53, change for August 2.53%. Averaged Plug Power stock price for month 51.21. Maximum value 54.62, while minimum 48.44. The forecast for beginning of August 50.26. Plug Power stock price predictions for August 2023. ![]() Price at the end 50.26, change for July 4.99%. Averaged Plug Power stock price for month 49.66. Maximum value 53.28, while minimum 47.24. The forecast for beginning of July 47.87. Plug Power stock predictions for July 2023. Price at the end 47.87, change for June 5.00%. ![]() Averaged Plug Power stock price for month 47.30. Maximum value 50.74, while minimum 45.00. The forecast for beginning of June 45.59. Plug Power stock price predictions for June 2023. Price at the end 45.59, change for May 5.00%. Averaged Plug Power stock price for month 45.05. Maximum value 48.33, while minimum 42.85. Plug Power stock predictions for May 2023. Price at the end 43.42, change for April 5.01%. Averaged Plug Power stock price for month 42.90. Maximum value 46.03, while minimum 40.81. The forecast for beginning of April 41.35. Plug Power stock price predictions for April 2023. Price at the end 41.35, change for March 5.00%. Averaged Plug Power stock price for month 40.86. Maximum value 43.83, while minimum 38.87. The forecast for beginning of March 39.38. Plug Power stock predictions for March 2023. Price at the end 39.38, change for February 5.01%. Averaged Plug Power stock price for month 38.91. Maximum value 41.74, while minimum 37.02. The forecast for beginning of February 37.50. Plug Power stock price predictions for February 2023. Price at the end 37.50, change for January 5.01%. Averaged Plug Power stock price for month 37.05. ![]() Maximum value 39.75, while minimum 35.25. The forecast for beginning of January 35.71. Plug Power stock predictions for January 2023. Price at the end 35.71, change for December 5.00%. Averaged Plug Power stock price for month 35.29. Maximum value 37.85, while minimum 33.57. The forecast for beginning of December 34.01. Plug Power stock price predictions for December 2022. Plug Power Stock Forecast Tomorrow, Week, Month. Price at the end 34.01, change for November -4.12%. Averaged Plug Power stock price for month 34.38. Maximum value 36.05, while minimum 31.97. The forecast for beginning of November 35.47. Plug Power stock predictions for November 2022. Price at the end 35.47, change for October 5.00%. Averaged Plug Power stock price for month 35.05. Maximum value 37.60, while minimum 33.34. The forecast for beginning of October 33.78. Plug Power stock price predictions for October 2022. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Dana Blankenhorn held no positions in any companies mentioned in this article. 4.īut with more than $3 billion in cash, much of it from those secondary stock offerings, PLUG stock has a chance to either succeed or fail on its own terms. It’s still unprofitable and will likely remain so when it next reports earnings on Aug. The possibility of a climate bill doesn’t change Plug Power’s fundamentals. These let it buy Frames Group and Cryo Engineering, filling out its electrolyzer and hydrogen product lines. That’s thanks to huge secondary offerings of stock, made when the price was peaking. It still trades at its November 2020 level. It was unable to sustain speculative run ups in early and late 2021. The stock also hasn’t been a great investment. But it also faces an investor lawsuit saying management mischaracterized fuel delivery costs as research, and engaged in insider sales. Plug Power boasts huge orders and claims a large backlog. Fuel cells are used by utilities for back-up power and by warehouse forklifts for long-lasting, emissions-free transport. Plug Power captures, transports and sells this hydrogen for use in fuel cells. Plug Power’s valuation is based on hope for “green hydrogen.” It uses feedstock from Olin (NYSE: OLN) chlor alkali plants, which make chlorine and caustic soda from brine using electrolysis.
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