ITM Power Plc (AIM:ITM)
United Kingdom flag United Kingdom · Delayed Price · Currency is GBP · Price in GBX
80.70
-5.85 (-6.76%)
Oct 22, 2026, 4:35 PM BST

ITM Power Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, ITM Power stock has a consensus rating of "Buy" and an average price target of 133p. The average 1-year stock price forecast is 64.70% higher than the current stock price, while the lowest is 60p (-25.65%) and the highest is 310p (+284.14%).

Price Target: 133p (+64.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price60p133p92p310p
Change-25.65%+64.70%+14.05%+284.14%

Analyst Ratings

The average analyst rating for ITM Power stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy665454
Buy222222
Hold333333
Sell000000
Strong Sell111111
Total121211101110

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Sell
Maintains
70p
SellMaintains70p-13.26%Oct 21, 2026
Berenberg Bank
Berenberg Bank
Buy
Reiterates
200p
BuyReiterates200p+147.83%Oct 13, 2026
Unknown Analyst
Peel Hunt
No rating
Peel Hunt
Hold
Reiterates
92p
HoldReiterates92p+14.00%Oct 8, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
60p → 80p
HoldReiterates60p → 80p-0.87%Aug 5, 2026
Jefferies
Jefferies
Buy
Maintains
115p → 200p
BuyMaintains115p → 200p+147.83%May 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
55.14M
from 43.65M
Increased by 26.33%
Revenue Next Year
95.52M
from 55.14M
Increased by 73.23%
EPS This Year
-0.03
EPS Next Year
-0.02
from -0.03
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 30, 2023Apr 30, 2024Apr 30, 2025Apr 30, 2026Apr 30, 2027
Revenue
5.63M5.23M16.51M26.04M43.65M55.14M
Revenue Growth
-0.07%-7.07%215.72%57.73%67.62%26.33%
Operating Income
-44.74M-99.18M-36.47M-41.46M-30.54M-28.43M
Net Income
-46.69M-101.20M-27.22M-45.52M-24.99M-23.00M
EPS
------0.03
Free Cash Flow
------61.96M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202720282029
High60.8M
Avg55.1M
Low46.8M

Revenue Growth

Revenue Growth202720282029
High
39.3%
Avg
26.3%
Low
7.2%

EPS Forecast

EPS202720282029
High-0.02
Avg-0.03
Low-0.04

EPS Growth

EPS Growth202720282029
High-
Avg-
Low-