Latest news with #ITMPower
Yahoo
a day ago
- Business
- Yahoo
ITM Power Full Year 2025 Earnings: Revenues Beat Expectations, EPS Lags
ITM Power (LON:ITM) Full Year 2025 Results Key Financial Results Revenue: UK£26.0m (up 58% from FY 2024). Net loss: UK£45.5m (loss widened by 67% from FY 2024). UK£0.074 loss per share (further deteriorated from UK£0.044 loss in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period ITM Power Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 5.0%. Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in the United Kingdom. Performance of the British Electrical industry. The company's shares are up 5.6% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 2 warning signs for ITM Power (of which 1 can't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Business Insider
29-04-2025
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for ITM Power (ITM)
RBC Capital analyst Erwan Kerouredan maintained a Buy rating on ITM Power (ITM – Research Report) yesterday and set a price target of p70.00. The company's shares closed yesterday at p31.65. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Kerouredan is an analyst with an average return of -23.7% and a 19.23% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ITM Power with a p65.00 average price target, which is a 105.37% upside from current levels. In a report released on April 22, Jefferies also maintained a Buy rating on the stock with a p60.00 price target. ITM market cap is currently £200.3M and has a P/E ratio of -5.29. Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ITM in relation to earlier this year.
Daily Mail
22-04-2025
- Business
- Daily Mail
ITM Power shares soar as green hydrogen group lifts guidance
ITM Power shares jumped by almost a fifth on Tuesday after the green hydrogen firm lifted annual revenue guidance. The AIM listed group told shareholders 'additional contractual obligations' had been fulfilled and it can now recognise associated revenues. It marks improved fortunes for Sheffield-based ITM, which makes proton exchange membrane electrolysers to produce hydrogen using renewable energy sources, after customer delays forced it to slash guidance in August. ITM now expects annual revenues to come in at £25.5million to £26.5million, a 30 per cent jump on the £18million to £22million range cited in August. The group also expects to report a net cash position of £204milllion to £205million, thanks to a 'cash generative' second half. The original cash guidance, issued in August 2024, was between £160m and £175m and in January 2025, the guidance was increased to between £185m and £195m. Boss Dennis Schulz said: 'ITM is continuing to achieve a strong revenue performance while tightly managing costs and capital expenditures.' However, the group still expects to post an adjusted earning of £32million to £36million for the year. ITM Power shares soared more than 20 per cent in early trading before falling back to trade 9 per cent higher for the day at 31.45p by mid morning. They have lost 38 per cent over the last 12 months. Schulz added: 'Our strong balance sheet is an important differentiator in the competitive landscape, and our contract backlog and sales pipeline have continued to grow. 'We remain well-positioned as customer FIDs accelerate through FY26.'
