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ITM Power - ITM Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: GBX 69.75
  • Forecasted Upside: 96.59%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
GBX 35.48 As of 12/23/2024 09:36 AM ET
▲ +0.76 (2.19%)

This chart shows the closing price for ITM by one month, three months, or twelve months.

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Analyst Price Target for ITM

Analyst Price Target is GBX 69.75
▲ +96.59% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for ITM Power in the last 3 months. The average price target is GBX 69.75, with a high forecast of GBX 90 and a low forecast of GBX 59. The average price target represents a 96.59% upside from the last price of GBX 35.48.

This chart shows the closing price for ITM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in ITM Power. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
7/2/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
9/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/6/2024Jefferies Financial GroupReiterated RatingBuyGBX 60
12/6/2024Royal Bank of CanadaReiterated RatingOutperformGBX 70
12/5/2024Berenberg BankReiterated RatingHoldGBX 59
8/15/2024Berenberg BankLower TargetHoldGBX 60 ➝ GBX 59
7/9/2024JPMorgan Chase & Co.DowngradeNeutralGBX 130 ➝ GBX 90
2/26/2024Jefferies Financial GroupUpgradeBuy
3/14/2023Peel HuntReiterated RatingBuyGBX 200
2/1/2023Berenberg BankReiterated RatingSellGBX 100
2/1/2023Royal Bank of CanadaReiterated RatingOutperformGBX 260
1/17/2023Royal Bank of CanadaLower TargetOutperformGBX 500 ➝ GBX 260
10/27/2022Berenberg BankReiterated RatingSellGBX 100
9/16/2022Berenberg BankLower TargetSellGBX 185 ➝ GBX 100
9/15/2022BarclaysReiterated RatingOverweightGBX 600
7/19/2022JPMorgan Chase & Co.Reiterated RatingOverweight
6/20/2022Berenberg BankLower TargetSellGBX 225 ➝ GBX 185
5/18/2022Sanford C. BernsteinSet TargetGBX 370
5/6/2022BarclaysReiterated RatingOverweightGBX 600
5/3/2022Morgan StanleyReiterated RatingEqual WeightGBX 470
4/20/2022JPMorgan Chase & Co.Reiterated RatingOverweight
4/13/2022Royal Bank of CanadaUpgradeOutperformGBX 300 ➝ GBX 500
3/24/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 300
3/16/2022Berenberg BankReiterated RatingSellGBX 225
3/9/2022CitigroupReiterated RatingBuyGBX 550
2/10/2022Berenberg BankBoost TargetBuyGBX 450 ➝ GBX 475
2/9/2022Berenberg BankLower TargetSellGBX 300 ➝ GBX 225
2/4/2022Royal Bank of CanadaReiterated RatingSector PerformGBX 300
1/27/2022BarclaysReiterated RatingOverweightGBX 600
1/25/2022CitigroupReiterated RatingBuy
1/25/2022JPMorgan Chase & Co.Lower TargetNeutralGBX 500 ➝ GBX 410
1/18/2022Berenberg BankLower TargetSellGBX 350 ➝ GBX 300
1/17/2022JPMorgan Chase & Co.Reiterated RatingNeutral
1/14/2022BarclaysReiterated RatingOverweightGBX 600
12/17/2021CitigroupReiterated RatingBuyGBX 550
12/16/2021BarclaysReiterated RatingOverweightGBX 600
12/16/2021Liberum CapitalReiterated RatingBuyGBX 691
12/7/2021Liberum CapitalReiterated RatingBuyGBX 641
11/24/2021Liberum CapitalReiterated RatingBuyGBX 641
11/9/2021BarclaysReiterated RatingOverweightGBX 600
10/15/2021CitigroupReiterated RatingBuy
10/15/2021JPMorgan Chase & Co.Reiterated RatingNeutral
10/8/2021BarclaysReiterated RatingOverweightGBX 600
9/15/2021JPMorgan Chase & Co.Lower TargetOverweightGBX 550 ➝ GBX 500
9/14/2021BarclaysReiterated RatingOverweightGBX 600
9/13/2021Berenberg BankDowngradeSellGBX 400 ➝ GBX 350
8/19/2021CitigroupReiterated RatingBuy
7/16/2021JPMorgan Chase & Co.Lower TargetOverweightGBX 700 ➝ GBX 550
6/14/2021Royal Bank of CanadaReiterated RatingSector PerformGBX 310
6/11/2021BarclaysLower TargetOverweightGBX 800 ➝ GBX 600
4/9/2021Morgan StanleyInitiated CoverageOverweightGBX 600
3/30/2021BarclaysInitiated CoverageOverweight
3/22/2021JPMorgan Chase & Co.Reiterated RatingOverweight
2/12/2020First BerlinDowngradeSellGBX 60 ➝ GBX 100
(Data available from 12/23/2019 forward)

News Sentiment Rating

0.73 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
5/27/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/26/2024
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
7/26/2024
  • 5 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 3 very negative mentions
Mentions as of
8/25/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/24/2024
  • 3 very positive mentions
  • 22 positive mentions
  • 7 negative mentions
  • 5 very negative mentions
Mentions as of
10/24/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/23/2024
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2024

Current Sentiment

  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

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

Now: GBX 35.48
Low: 34.60
High: 37

50 Day Range

MA: GBX 37.95
Low: 33
High: 45.58

52 Week Range

Now: GBX 35.48
Low: 32.20
High: 71.80

Volume

8,244,120 shs

Average Volume

2,579,151 shs

Market Capitalization

£218.80 million

P/E Ratio

N/A

Dividend Yield

0.96%

Beta

2.03

Frequently Asked Questions

What sell-side analysts currently cover shares of ITM Power?

The following Wall Street sell-side analysts have issued stock ratings on ITM Power in the last twelve months: Berenberg Bank, Jefferies Financial Group Inc., JPMorgan Chase & Co., and Royal Bank of Canada.
View the latest analyst ratings for ITM.

What is the current price target for ITM Power?

0 Wall Street analysts have set twelve-month price targets for ITM Power in the last year. Their average twelve-month price target is GBX 69.75, suggesting a possible upside of 96.6%. JPMorgan Chase & Co. has the highest price target set, predicting ITM will reach GBX 90 in the next twelve months. Berenberg Bank has the lowest price target set, forecasting a price of GBX 59 for ITM Power in the next year.
View the latest price targets for ITM.

What is the current consensus analyst rating for ITM Power?

ITM Power currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ITM.

What other companies compete with ITM Power?

Other companies that are similar to ITM Power include Morgan Advanced Materials, Goodwin, Avingtrans, Crestchic and Castings. Learn More about companies similar to ITM Power.

How do I contact ITM Power's investor relations team?

ITM Power's physical mailing address is 22 Atlas Way, SHEFFIELD, S4 7QQ, United Kingdom. The company's listed phone number is +44-114-2445111. The official website for ITM Power is www.itm-power.com. Learn More about contacing ITM Power investor relations.