The price target for Plug Power (XTRA:PLUN) has been raised to €2.80 per share, marking a 14.91% increase from the previous estimate of €2.43 made on November 9, 2025. This updated target is reflective of a consensus among analysts, with projections varying from a low of €0.72 to a high of €6.98 per share. Notably, this average price target indicates a significant potential increase of 44.68% from the most recent closing price of €1.93 per share.
Institutional sentiment towards Plug Power appears robust, with 626 funds or institutions reporting ownership in the company, an increase of 10 investors or 1.62% over the last quarter. The average portfolio weight of all funds associated with PLUN stands at 0.07%, which has seen an uptick of 11.77%. Over the past three months, institutional ownership has risen by 24.49%, totaling 594,347K shares.
Several major shareholders have made notable adjustments to their holdings. Vanguard Total Stock Market Index Fund Investor Shares has increased its stake from 30,741K shares to 35,229K shares, representing a 12.74% increase in ownership. Similarly, Geode Capital Management has raised its share count from 24,072K to 27,812K, reflecting a substantial increase of 13.45% in ownership. Notably, Geode also boosted its portfolio allocation by an impressive 64.44%.
In another significant move, Goldman Sachs Group saw its holdings surge from 5,161K shares to 24,160K shares, demonstrating a striking increase of 78.64%, along with a staggering 559.30% rise in its portfolio allocation. Meanwhile, UBS Group adjusted its holdings from 11,786K shares to 23,283K shares, though it did reduce its overall portfolio allocation by 48.73%.
As interest in Plug Power continues to grow among institutions and analysts, it underscores a positive sentiment surrounding the company’s future. The increase in both projected price targets and institutional holdings suggests a promising outlook, and investors may be encouraged by these developments as they consider their positions in the stock.