Should I buy or sell ITM Power stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITM Power in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" ITMPF shares. View ITMPF analyst ratings or view top-rated stocks .

What is ITM Power's stock price target for 2024?

1 brokerages have issued 12-month price targets for ITM Power's shares. Their ITMPF share price targets range from $3.50 to $500.00. On average, they anticipate the company's share price to reach $251.75 in the next twelve months. This suggests a possible upside of 39,860.3% from the stock's current price. View analysts price targets for ITMPF or view top-rated stocks among Wall Street analysts .

How have ITMPF shares performed in 2024?

ITM Power's stock was trading at $0.7849 at the start of the year. Since then, ITMPF stock has decreased by 19.7% and is now trading at $0.63. View the best growth stocks for 2024 here .

How do I buy shares of ITM Power?

Shares of ITMPF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:ITMPF

ITM Power (ITMPF) Stock Price, News & Analysis

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$0.63

-0.04 (-5.97%)

(As of 04/15/2024 ET)

Compare

Today's Range: $0.63
▼
$0.65
50-Day Range: $0.63
▼
$0.85
52-Week Range: $0.52
▼
$1.31

Volume: 6,465 shs
Average Volume: 9,131 shs
Market Capitalization: $388.37 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $251.75

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

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ITM Power MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 39,860.3% Upside
$251.75 Price Target
Short Interest: Bearish
0.41% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.36 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
ITM Power has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
ITM Power has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
0.41% of the outstanding shares of ITM Power have been sold short.
Short Interest Ratio / Days to Cover
ITM Power has a short interest ratio ("days to cover") of 127.4, which indicates bearish sentiment.
Change versus previous month
Short interest in ITM Power has recently decreased by 0.77%, indicating that investor sentiment is improving.

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 ITMPF.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added ITM Power to their MarketBeat watchlist in the last 30 days.

N/A

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ITM Power insiders have not sold or bought any company stock.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
ITM Power has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About ITM Power Stock (OTCMKTS:ITMPF)

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

ITMPF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ITMPF Stock News Headlines

April 9, 2024 | americanbankingnews.com

ITM Power (OTCMKTS:ITMPF) Trading Up 6.3%

March 12, 2024 | investorplace.com

7 Hypergrowth Stocks That Could Turn $10,000 into $1 Million by 2028

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 3, 2024 | finance.yahoo.com

ITM Power Plc (ITMPF)

January 31, 2024 | msn.com

The ITM Power share price just jumped 17%! Time to buy?

January 31, 2024 | msn.com

Sheffield fir ITM Power reduces losses thanks to restructuring

January 31, 2024 | msn.com

Hydrogen specialist ITM Power quadruples revenues as turnaround plan delivers

December 4, 2023 | uk.finance.yahoo.com

ITM Power: Hydrogen specialist sets sights on greener pastures

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

December 4, 2023 | msn.com

Sheffield green hydrogen firm ITM Power making 'substantial progress' despite expected £23.5m loss

November 22, 2023 | seekingalpha.com

ITMPF ITM Power Plc

October 16, 2023 | lse.co.uk

ITM Power starts bidding on projects in growing US market

October 16, 2023 | msn.com

BUSINESS LIVE: Audioboom targets profitability; ITM Power to enter US market; UK growth prospects improve

October 16, 2023 | marketwatch.com

ITM Power Says It Is Entering US Market to Tap Green Hydrogen Opportunities

October 16, 2023 | msn.com

Sheffield's ITM Power announces entry into the lucrative US market

October 5, 2023 | finance.yahoo.com

ITM Power (LON:ITM) shareholders have earned a 23% CAGR over the last five years

September 29, 2023 | finance.yahoo.com

Beware! 3 Hydrogen Stocks Waving Massive Red Flags Right Now.

September 19, 2023 | finance.yahoo.com

At UK£0.79, Is It Time To Put ITM Power Plc (LON:ITM) On Your Watch List?

August 29, 2023 | seekingalpha.com

ITM Power: Challenged Hydrogen Player

August 29, 2023 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy ITM Power Stock

August 17, 2023 | msn.com

Losses rocket at ITM Power but hydrogen tech provider insists it better placed

August 17, 2023 | marketwatch.com

ITM Power FY 2023 Loss Widened, Revenue Fell; Expects Improvements in New Year

August 17, 2023 | msn.com

ITM Power: Troubled hydrogen specialist hopes to win over shareholders as results meet expectations

July 25, 2023 | thetimes.co.uk

ITM Power auditors ask for more time

July 25, 2023 | lse.co.uk

ITM Power shares down on delayed full-year results

July 25, 2023 | marketwatch.com

ITM Power Delays Publishing FY 2023 Results Again; Backs Guidance

July 10, 2023 | lse.co.uk

ITM Power to launch Germany expansion in October with new facilities

See More Headlines

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Company Calendar

Today: 4/16/2024
Fiscal Year End: 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Oils/Energy
Industry: Electrical industrial apparatus
Sub-Industry: N/A
Current Symbol: OTCMKTS:ITMPF
CUSIP: N/A
CIK: N/A
Web: www.itm-power.com
Phone: 441142445111
Fax: N/A
Employees: 424
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $251.75
High Stock Price Target: $500.00
Low Stock Price Target: $3.50
Potential Upside/Downside: +39,860.3%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 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: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $6.28 million
Price / Sales: 61.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.58 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 616,470,000
Free Float: N/A
Market Cap: $388.38 million
Optionable: Not Optionable
Beta: 2.01

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Key Executives

Mr. Dennis Schulz (Age 42)
CEO & Director
Comp: $1.09M
Mr. Andrew Charles Allen (Age 43)
CFO & Executive Director
Comp: $475.94k
Dr. Simon Bourne (Age 49)
CTO & Executive Director
Comp: $475.94k
Mr. Martin Clay
Operations Director
Mr. Justin Scarborough
Head of Investor Relations
Ms. Sharon Poulter
Head of Marketing & Press
Kath Connell
Head of Human Resources
Dr. John Newton
Managing Director of ITM Motive
Mr. Calum McConnell
Managing Director of ITM Power GmbH Germany
Dr. Neil Thompson
Managing Director of ITM Pty Ltd, Australia

Key Competitors

View All Competitors

ITMPF Stock Analysis - Frequently Asked Questions

Should I buy or sell ITM Power stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITM Power in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" ITMPF shares.
View ITMPF analyst ratings or view top-rated stocks.
What is ITM Power's stock price target for 2024?: 1 brokerages have issued 12-month price targets for ITM Power's shares. Their ITMPF share price targets range from $3.50 to $500.00. On average, they anticipate the company's share price to reach $251.75 in the next twelve months. This suggests a possible upside of 39,860.3% from the stock's current price.
View analysts price targets for ITMPF or view top-rated stocks among Wall Street analysts.
How have ITMPF shares performed in 2024?: ITM Power's stock was trading at $0.7849 at the start of the year. Since then, ITMPF stock has decreased by 19.7% and is now trading at $0.63.
View the best growth stocks for 2024 here.
How do I buy shares of ITM Power?: Shares of ITMPF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ITMPF) was last updated on 4/16/2024 by MarketBeat.com Staff

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ITM Power (ITMPF) Stock Price, News & Analysis