Ideal Power Inc. (IPWR)

Market Cap	51.23M
Revenue (ttm)	198,871
Net Income (ttm)	-9.95M
Shares Out	7.37M
EPS (ttm)	-1.61
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	40,757
Open	7.21
Previous Close	7.22
Day's Range	6.92 - 7.47
52-Week Range	6.61 - 13.98
Beta	0.98
Analysts	Strong Buy
Price Target	14.00 (+101.44%)
Earnings Date	May 2, 2024

About IPWR

Ideal Power Inc. focuses on the development and commercialization of its bidirectional bipolar junction TRANsistor solid-state switch technology. It also offers SymCool Power Module designed to meet low conduction loss needs of the solid-state circuit breaker market. The company serves electric and hybrid electric vehicles, electric vehicle charging, renewable energy and energy storage system power converters, uninterruptible power supplies for data centers, industrial motor drives, solid-state circuit breakers, distribution and transmission sw...

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• IPO Date: Nov 22, 2013
• Employees: 11
• Stock Exchange: NASDAQ
• Ticker Symbol: IPWR

Financial Performance

In 2023, Ideal Power's revenue was $198,871, a decrease of -2.16% compared to the previous year's $203,269. Losses were -$9.95 million, 38.5% more than in 2022.

Analyst Forecast

According to one analyst, the rating for IPWR stock is "Strong Buy" and the 12-month stock price forecast is $14.0.

Price Target

$14.0

(101.44% upside)

Analyst Consensus: Strong Buy