ITM Power Plc (AIM:ITM)
London flag London · Delayed Price · Currency is GBP · Price in GBX
101.80
+3.15 (3.19%)
Oct 2, 2026, 4:37 PM GMT

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 132p. The average 1-year stock price forecast is 29.40% higher than the current stock price, while the lowest is 60p (-41.06%) and the highest is 310p (+204.52%).

Price Target: 132p (+29.40%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price60p132p92p310p
Change-41.06%+29.40%-9.59%+204.52%
* Price targets were last updated on Aug 5, 2026.

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy666545
Buy222222
Hold333333
Sell000000
Strong Sell111111
Total121212111011

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Hold
Reiterates
60p → 80p
HoldReiterates60p → 80p-21.41%Aug 5, 2026
Berenberg Bank
Berenberg Bank
Buy
Reiterates
110p → 200p
BuyReiterates110p → 200p+96.46%Jun 30, 2026
Unknown Analyst
Goldman Sachs
No rating
Goldman Sachs
Sell
Maintains
55p → 63p
SellMaintains55p → 63p-38.11%Jun 5, 2026
Jefferies
Jefferies
Buy
Maintains
115p → 200p
BuyMaintains115p → 200p+96.46%May 8, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
60p → 170p
BuyUpgrades60p → 170p+66.99%Apr 29, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
41.86M
from 26.04M
Increased by 60.75%
Revenue Next Year
57.74M
from 41.86M
Increased by 37.95%
EPS This Year
-0.04
from -0.05
EPS Next Year
-0.03
from -0.04
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingApr 30, 2021Apr 30, 2022Apr 30, 2023Apr 30, 2024Apr 30, 2025Apr 30, 2026
Revenue
5.63M5.63M5.23M16.51M26.04M41.86M
Revenue Growth
12.40%-0.07%-7.07%215.72%57.73%60.75%
Operating Income
-26.66M-44.74M-99.18M-36.47M-41.46M-35.96M
Net Income
-27.70M-46.69M-101.20M-27.22M-45.52M-28.45M
EPS
-----0.05-0.04
Free Cash Flow
-----28.57M-37.68M
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202620272028
High45.8M
Avg41.9M
Low38.6M

Revenue Growth

Revenue Growth202620272028
High
75.7%
Avg
60.8%
Low
48.1%

EPS Forecast

EPS202620272028
High-0.03
Avg-0.04
Low-0.05

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-