ITM Power Plc (AIM:ITM)
| Market Cap | 1.35B +395.6% |
| Revenue (ttm) | 28.53M +23.2% |
| Net Income | -30.82M |
| EPS | -0.05 |
| Shares Out | 691.41M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,764,638 |
| Open | 208.60 |
| Previous Close | 194.70 |
| Day's Range | 195.07 - 219.80 |
| 52-Week Range | 46.00 - 213.79 |
| Beta | 2.76 |
| Analysts | Buy |
| Price Target | 118.73 (-43.25%) |
| Earnings Date | Aug 14, 2026 |
About ITM Power
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, rest of Europe, the United States, Australia, and internationally. Its 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 2000 and is headquartered in Sheffield, the United Kingdom. [Read more]
Financial Performance
In fiscal year 2025, ITM Power's revenue was 26.04 million, an increase of 57.73% compared to the previous year's 16.51 million. Losses were -45.52 million, 67.2% more than in 2024.
Financial StatementsNews
ITM Power upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded ITM Power (ITMPF) to Overweight from Equal Weight with a price target of 170 GBp, up from 60 GBp. The firm sees catalysts for the shares as…
ITM Power price target raised to 110 GBp from 100 GBp at Berenberg
Berenberg raised the firm’s price target on ITM Power (ITMPF) to 110 GBp from 100 GBp and keeps a Buy rating on the shares.
ITM Power Slides: Investor presentation
ITM Power has posted slides in relation to its latest quarterly earnings report, which was published on April 9, 2026.
ITM Power Earnings Call Transcript: H1 2026
Record half-year revenue and improved gross loss reflect strong sales, operational discipline, and a growing order backlog with a higher share of profitable contracts. New product launches, automation, and major project wins position the company for continued growth in a favorable hydrogen market.
ITM Power Quarterly report: H1 2026
ITM Power has published its H1 2026 quarterly earnings report on January 29, 2026.
ITM Power Slides: H1 2026
ITM Power has posted slides in relation to its H1 2026 quarterly earnings report, which was published on January 29, 2026.
ITM Power Earnings release: Trading Update
ITM Power released its earnings on December 4, 2025, summarizing the period's financial results.
ITM Power downgraded to Hold from Buy at Peel Hunt
Peel Hunt analyst Sam Wahab downgraded ITM Power (ITMPF) to Hold from Buy with a 70 GBp price target The firm views the shares as fairly valued. Published first on…
ITM Power Earnings Call Transcript: H2 2025
Revenue grew 50% to £26 million, with a doubled order backlog and strong cash position. Major projects and new business models like Hydropulse drive future growth, while operational improvements and next-gen Kronos stack support profitability.
ITM Power Annual report: H2 2025
ITM Power has published its H2 2025 annual report on August 14, 2025.
ITM Power Annual report: H2 2025
ITM Power has published its H2 2025 annual report on August 14, 2025.
ITM Power Slides: H2 2025
ITM Power has posted slides in relation to its H2 2025 quarterly earnings report, which was published on August 14, 2025.
ITM Power upgraded to Buy from Hold at Berenberg
Berenberg upgraded ITM Power (ITMPF) to Buy from Hold with a price target of 100 GBp, up from 59 GBp. The firm says the company is nearing its next inflection…
ITM Power Earnings Call Transcript: H1 2025
Record NEPTUNE II deliveries drove revenue to GBP 15.5 million, with improved EBITDA loss and a strong cash position. Contract backlog reached GBP 135 million, all new contracts are profitable, and guidance for FY 2025 remains robust amid strong EU and UK market momentum.
ITM Power Quarterly report: H1 2025
ITM Power has published its H1 2025 quarterly earnings report on January 30, 2025.
ITM Power Slides: H1 2025
ITM Power has posted slides in relation to its H1 2025 quarterly earnings report, which was published on January 30, 2025.
ITM Power price target lowered to 60 GBp from 90 GBp at JPMorgan
JPMorgan analyst Patrick Jones lowered the firm’s price target on ITM Power (ITMPF) to 60 GBp from 90 GBp and keeps a Neutral rating on the shares. Published first on…
ITM Power Earnings release: Trading Update
ITM Power released its earnings on December 5, 2024, summarizing the period's financial results.
ITM Power upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley upgraded ITM Power (ITMPF) to Equal Weight from Underweight with a price target of 40 GBp, down from 50 GBp. Visibility on potential new large orders remains low…
ITM Power price target lowered to 51 GBp from 55 GBp at Citi
Citi lowered the firm’s price target on ITM Power to 51 GBp from 55 GBp and keeps a Neutral rating on the shares.
ITM Power price target lowered to 59 GBp from 60 GBp at Berenberg
Berenberg analyst James Carmichael lowered the firm’s price target on ITM Power to 59 GBp from 60 GBp and keeps a Hold rating on the shares.
ITM Power Earnings Call Transcript: H2 2024
Revenue tripled year-over-year to £16.5M, with EBITDA losses down by over two-thirds. Major reference projects were delivered, contract backlog is growing, and FY 2025 revenue is guided at £18–22M, mainly from Neptune contracts. Long-term market outlook remains strong.
ITM Power Annual report: H2 2024
ITM Power has published its H2 2024 annual report on August 15, 2024.
ITM Power Annual report: H2 2024
ITM Power has published its H2 2024 annual report on August 15, 2024.
ITM Power Slides: H2 2024
ITM Power has posted slides in relation to its H2 2024 quarterly earnings report, which was published on August 15, 2024.