5 Most Promising Clean Energy Stocks According to Analysts

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1. Plug Power Inc. (NASDAQ:PLUG)

Latest Analyst Share Price Upside: 62.62%

Plug Power Inc. (NASDAQ:PLUG) is a technology company developing hydrogen systems for transportation network use. The firm’s investors were in for some bad news in December 2023 when Morgan Stanley downgraded the shares to Underweight from Equal Weight and cut the share price target to $3 from an earlier $3.50.

26 out of the 910 hedge funds covered by Insider Monkey’s Q3 2023 research had bought and owned Plug Power Inc. (NASDAQ:PLUG)’s shares. Israel Englander’s Millennium Management was the biggest investor as it owned 3.3 million shares that are worth $25.7 million.

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