LON:ITM

ITM Power - ITM Share Forecast, Price & News

GBX 118.55

+15.25 (+14.76%)

(As of 02/2/2023 12:00 AM ET)

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Today's Range: 104.76
▼
120.35
50-Day Range: 85.51
▼
104.55
52-Week Range: 66.02
▼
441.38

Volume: 7.76 million shs
Average Volume: 3.96 million shs
Market Capitalization: £730.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: GBX 391.67

ITM Power MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 230.4% Upside
GBX 391.67 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.13
Based on 8 Articles This Week
Insider Trading: Acquiring Shares
£45,047 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.70 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
ITM Power has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 391.67, ITM Power has a forecasted upside of 230.4% from its current price of GBX 118.55.
Amount of Analyst Coverage
ITM Power has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ITM.

0.0

Dividend Strength

Dividend Yield
ITM Power does not currently pay a dividend.
Dividend Growth
ITM Power does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ITM.

2.1

News and Social Media Coverage

News Sentiment
ITM Power has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for ITM Power this week, compared to 1 article on an average week.
Search Interest
4 people have searched for ITM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
9 people have added ITM Power to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ITM Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought £450.47 in company stock and sold GBX 0 in company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ITM Power is -20.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ITM Power is -20.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ITM Power has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ITM Power (LON:ITM) Stock

ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, Australia, rest of Europe, and the United States. It offers HGas1SP, HGas3SP, 3MEP CUBE, and 2GEP Skid. The company is also involved in the development and manufacture of prototype products; and sale of electrolysis equipment, automotive fuel, hydrogen, electrolyser solutions, and hydrogen storage solutions. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

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ITM Stock News Headlines

February 1, 2023 | americanbankingnews.com

Brokerages Set ITM Power Plc (LON:ITM) PT at GBX 391.67

January 31, 2023 | msn.com

Earnings: why ITM Power shares are climbing

February 2, 2023 | PressReach (Ad)

Stocks Positioned For The Year

This breakthrough stock has bright future this decade.

January 31, 2023 | msn.com

Hydrogen darling ITM Power to cut over 100 jobs as it grapples with heavy losses

January 31, 2023 | finance.yahoo.com

ITM Power to cut headcount by a quarter

January 23, 2023 | marketwatch.com

Hydrogen Electrolyser Market Size, Share, Growth, Revenue, Demand, Future opportunity, analysis and forecast till 2028

January 18, 2023 | seekingalpha.com

ITM Power: Yet More Bad News

January 18, 2023 | marketwatch.com

Power-to-gas Market Share, Size, Financial Summaries Analysis from 2023 to 2029

February 2, 2023 | PressReach (Ad)

Stocks Positioned For The Year

This breakthrough stock has bright future this decade.

January 16, 2023 | fool.co.uk

Is the ITM Power share price now primed for recovery?

January 15, 2023 | marketwatch.com

Merchant Hydrogen Market Size 2023 with big Company segment, cost-effective solutions Analysis Information 2028

January 13, 2023 | finance.yahoo.com

ITM Power Plc (ITM.L)

January 12, 2023 | marketwatch.com

Containerized PEM Electrolyzer Market 2023 : Share and Outlook of Regulatory Scenario by 2028 with Top Countries Data

January 10, 2023 | marketwatch.com

Hydrogen Generation Market 2023 : Trending Technologies, Manufacturers, End-Users, Growth Elements and Forecast 2028

January 10, 2023 | marketwatch.com

Electrolyzer Market : Overview, Industry Trends, Analysis Key Players, Share, Size and Report 2023 to 2028

January 9, 2023 | msn.com

Should investors buy ITM Power shares today?

January 5, 2023 | marketwatch.com

Hydrogen Electrolyzers Market Outlook and Forecast 2023 To 2028 with Top Countries Data

January 4, 2023 | marketwatch.com

Electrolyzer Market Report 2029 Focuses on Top Companys Research Methodology, Drivers and Opportunities | 122 Pages Report

December 22, 2022 | marketwatch.com

With 24% CAGR, Hydrogen Electrolyzer Market 2023 Is Flourishing Around the World by 2028 | 126 Pages Report

December 16, 2022 | marketwatch.com

Water Electrolysis Machine Market Size 2023 Trends is Evolving Rapidly with Economic Growth and Forthcoming Opportunities and Top Countries Data

December 14, 2022 | ft.com

End of ‘fantasy’ stock market brings relief and pressure for short sellers

December 4, 2022 | msn.com

CITY WHISPERS: New boss aims to reverse clean fuel firm ITM Power's fortunes

December 3, 2022 | msn.com

CITY WHISPERS: New boss aims to reverse clean fuel firm's fortunes - Dennis Schulz looking to get grip on ITM Power

November 25, 2022 | marketwatch.com

ITM Power Appoints Dennis Schulz as CEO

November 25, 2022 | msn.com

ITM hires Linde Engineering’s Dennis Schulz as new CEO

November 23, 2022 | marketwatch.com

Green Ammonia Market 2022 Segmentation, Size Projection, Swot Analysis And Growth Dynamics Till 2029

November 4, 2022 | fool.co.uk

With the ITM Power share price in pennies, is it time to buy?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ITM Company Calendar

Last Earnings: 1/08/2019
Today: 2/02/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Diversified Electronics
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: LON:ITM
CUSIP: N/A
CIK: N/A
Web: www.itm-power.com
Phone: +44-114-2445111
Fax: N/A
Employees: 350
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 391.67
High Stock Price Forecast: GBX 600
Low Stock Price Forecast: GBX 100
Forecasted Upside/Downside: +230.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 1.81
Current Ratio: 8.45
Quick Ratio: 7.56

Sales & Book Value

Annual Sales: £5.63 million
Price / Sales: 129.81
Cash Flow: GBX 76.50 per share
Price / Cash Flow: 1.55
Book Value: GBX 64.40 per share
Price / Book: 1.84

Miscellaneous

Outstanding Shares: 616,158,000
Free Float: N/A
Market Cap: £730.46 million
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Andrew Charles Allen (Age 41)
CFO, Company Sec. & Exec. Director
Comp: $318.59k

Dr. Simon Bourne (Age 48)
CTO & Exec. Director
Comp: $331.61k

Dr. Rachel Louise Smith (Age 48)
Exec. Director
Comp: $249.34k

Mr. Dennis Schulz
CEO & Director

Mr. Martin Clay
Operations Director

James Collins
Head of Investor Relations

Ms. Nicola Ham Edmonds (Age 51)
Company Sec. & Head of Legal

Ms. Rebecca Markillie
Marketing Mang. & PA to CEO

Ms. Sharon Poulter
Head of Marketing & Press

Dr. John Newton
Managing Director of ITM Motive

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions

ITM Stock - Frequently Asked Questions

Should I buy or sell ITM Power stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITM Power in the last twelve months. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ITM shares.
View ITM analyst ratings or view top-rated stocks.
What is ITM Power's stock price forecast for 2023?: 6 Wall Street analysts have issued 1-year price targets for ITM Power's shares. Their ITM share price forecasts range from GBX 100 to GBX 600. On average, they expect the company's stock price to reach GBX 391.67 in the next year. This suggests a possible upside of 230.4% from the stock's current price.
View analysts price targets for ITM or view top-rated stocks among Wall Street analysts.
How have ITM shares performed in 2023?: ITM Power's stock was trading at GBX 91.64 at the beginning of the year. Since then, ITM stock has increased by 29.4% and is now trading at GBX 118.55.
View the best growth stocks for 2023 here.
How were ITM Power's earnings last quarter?: ITM Power Plc (LON:ITM) released its quarterly earnings results on Tuesday, January, 8th. The company reported ($1.80) EPS for the quarter.

What other stocks do shareholders of ITM Power own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ITM Power investors own include Chuy's (CHUY), Micron Technology (MU), Plug Power (PLUG), Mitek Systems (MITK), boohoo group (BOO), NIO (NIO), Cisco Systems (CSCO), CSX (CSX), Amicus Therapeutics (FOLD).
What is ITM Power's stock symbol?: ITM Power trades on the London Stock Exchange (LON) under the ticker symbol "ITM."
How do I buy shares of ITM Power?: Shares of ITM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is ITM Power's stock price today?: One share of ITM stock can currently be purchased for approximately GBX 118.55.
How much money does ITM Power make?: ITM Power (LON:ITM) has a market capitalization of £730.46 million and generates £5.63 million in revenue each year.
How many employees does ITM Power have?: The company employs 350 workers across the globe.
How can I contact ITM Power?: ITM Power's mailing address is 22 Atlas Way, SHEFFIELD, S4 7QQ, United Kingdom. The official website for the company is www.itm-power.com. The company can be reached via phone at +44-114-2445111.

This page (LON:ITM) was last updated on 2/2/2023 by MarketBeat.com Staff

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ITM Power - ITM Share Forecast, Price & News

ITM Power MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ITM Power (LON:ITM) Stock

ITM Stock News Headlines

ITM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ITM Stock - Frequently Asked Questions

Overall MarketRank^™