ITM Power (LON:ITM) Insider John Howarth Acquires 23,072 Shares of Company Stock

Key Points

• Insider John Howarth purchased 23,072 ITM Power shares at an average price of GBX 87, spending approximately £20,073.
• ITM Power remains loss-making, reporting quarterly EPS of negative 4 pence, a negative net margin of 57.26%, and analysts forecasting a full-year loss of GBX 8.92 per share.
• Analyst sentiment is mixed but leans neutral: JPMorgan and Peel Hunt maintain “hold” ratings, while Berenberg retains a “buy” rating; MarketBeat lists a consensus rating of “Hold.”

ITM Power Plc (LON:ITM - Get Free Report) insider John Howarth purchased 23,072 shares of the firm's stock in a transaction that occurred on Tuesday, October 20th. The stock was purchased at an average price of GBX 87 per share, with a total value of £20,072.64.

ITM Power Stock Performance

Shares of ITM opened at GBX 90.01 on Wednesday. The business's fifty day moving average price is GBX 101.14 and its 200 day moving average price is GBX 118.64. ITM Power Plc has a 12-month low of GBX 57.90 and a 12-month high of GBX 219.80. The stock has a market capitalization of £621.24 million, a PE ratio of -18.00 and a beta of 2.82. The company has a debt-to-equity ratio of 5.87, a current ratio of 2.73 and a quick ratio of 7.56.

ITM Power (LON:ITM - Get Free Report) last released its earnings results on Monday, October 19th. The company reported GBX (4) earnings per share for the quarter. ITM Power had a negative net margin of 57.26% and a negative return on equity of 11.09%. Equities research analysts forecast that ITM Power Plc will post -8.92 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ITM. JPMorgan Chase & Co. boosted their price objective on shares of ITM Power from GBX 60 to GBX 80 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Peel Hunt reiterated a "hold" rating and set a GBX 92 price objective on shares of ITM Power in a research note on Thursday, October 8th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 200 target price on shares of ITM Power in a report on Monday, October 12th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of GBX 4,086.40.

Trending Headlines about ITM Power

Here are the key news stories impacting ITM Power this week:

• Positive Sentiment: Annual revenue increased 68% to a record £43.6 million, while losses narrowed by approximately £13 million. Management is targeting £50 million–£60 million of revenue in FY2027, signaling continued commercial growth in its electrolyser business. ITM Power Reports 68% Revenue Growth ITM Power Cuts Losses
• Positive Sentiment: A reported £86.5 million state backstop, alongside an ambition to supply a 150MW refinery project, supports ITM Power’s funding position and potential order pipeline. The development may reassure investors concerned about financing large hydrogen projects. ITM Power State Backstop and Refinery Ambition
• Neutral Sentiment: Director Simon Bourne purchased 169 shares at an average price of 89 pence, worth about £150. The transaction is technically supportive of management confidence, but its small size is unlikely to materially affect valuation or trading. Insider Simon Bourne Acquires Shares
• Negative Sentiment: ITM Power remains loss-making: quarterly EPS was negative 4 pence, with a reported net margin of negative 57.26% and return on equity of negative 11.09%. Analysts expect a full-year loss, so investors continue to face execution and path-to-profitability risks. ITM Power Earnings Results

ITM Power Company Profile

ITM Power designs and manufactures industrial-scale electrolysers for green hydrogen production. Its proprietary PEM technology, vertically integrated manufacturing, and in-house engineering capabilities enable it to supply standardised, high-performance hydrogen plants. With a proven track record in large-scale projects, ITM Power helps leading industrial and energy companies achieve their decarbonisation goals. In addition to its equipment offering, the company provides reliable and cost-competitive hydrogen supply through its build, own and operate (BOO) model, Hydropulse. Headquartered in the UK, ITM Power is listed on the London Stock Exchange AIM LSE: ITM and holds the Green Economy Mark, which recognises companies that generate over 50% of their revenues from green products and services.

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