Evercore ISI analyst James West maintained a Buy rating on Plug Power (NASDAQ:PLUG) on Tuesday, setting a price target of $42, which is approximately 40.70% above the present share price of $29.85.
West expects Plug Power to post earnings per share (EPS) of -$1.12 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Plug Power, with an average price target of $46.25.
The analysts price targets range from a high of $78 to a low of $24.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of -$309.11 million and a net profit of -$496.85 million. The company's market cap is $16.96 billion.
According to TipRanks.com, Evercore ISI analyst James West is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -20.4% and a 35.27% success rate.
New York-based Plug Power, Inc. is an electrical equipment manufacturing company. It develops hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.