Ceres Power (LON:CWR) Trading 12.8% Higher - Here's Why

Key Points

• Shares of Ceres Power jumped 12.8% on Tuesday to about GBX 343.50 (intraday high GBX 344.31) from a prior close of GBX 304.40, on roughly 5.12 million shares traded (≈34% below average volume).
• Analysts are bullish: Berenberg reiterated a "buy" with a GBX 530 target, and the consensus rating is a Buy with an average target of GBX 495.
• The company remains unprofitable—reporting quarterly EPS of GBX (24.52) with negative net margin and ROE—yet operates an asset‑light licensing model for fuel cells and electrolysers and has partnerships with major firms; market cap is about £669.2m.

Ceres Power Holdings plc (LON:CWR - Get Free Report)'s share price was up 12.8% during trading on Tuesday . The stock traded as high as GBX 344.31 and last traded at GBX 343.50. Approximately 5,121,043 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 7,790,103 shares. The stock had previously closed at GBX 304.40.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 530 price target on shares of Ceres Power in a research report on Thursday, March 26th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of GBX 495.

Ceres Power Stock Performance

The firm's fifty day moving average is GBX 311.47 and its 200 day moving average is GBX 288.96. The firm has a market capitalization of £669.16 million, a price-to-earnings ratio of -14.01 and a beta of 1.81. The company has a debt-to-equity ratio of 2.24, a current ratio of 3.27 and a quick ratio of 12.18.

Ceres Power (LON:CWR - Get Free Report) last released its earnings results on Thursday, March 26th. The company reported GBX (24.52) earnings per share (EPS) for the quarter. Ceres Power had a negative return on equity of 39.26% and a negative net margin of 145.65%. On average, analysts predict that Ceres Power Holdings plc will post -12.4426979 EPS for the current fiscal year.

About Ceres Power

Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels.

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