ITM Power plc Stock
ITM Power plc Stock
The price for the ITM Power plc stock decreased slightly today. Compared to yesterday there is a change of -€0.002 (-0.260%).
Currently there is a rather positive sentiment for ITM Power plc with 3 Buy predictions and 0 Sell predictions.
Based on the current price of 0.58 € the target price of 3 € shows a potential of 415.46% for ITM Power plc which would more than double the current price.
For the coming years our community has positive and negative things to say abot the ITM Power plc stock. Criterium "Worthwhile Investment for the next years" gathered the most positive votes but regarding "General Risks" there were negative voices in the community.
Pros and Cons of ITM Power plc in the next few years
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Performance of ITM Power plc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| ITM Power plc | -0.260% | -4.967% | -10.009% | -38.228% | -14.618% | -89.736% | 135.282% |
| FutureFuel Corp. | 4.670% | 4.673% | -15.789% | -23.288% | 0.000% | -52.137% | - |
| Green Plains Inc. | -1.260% | -2.619% | 3.737% | -40.561% | -13.248% | -8.750% | 42.723% |
| VERBIO Vereinigte BioEnergie AG | -1.040% | -3.128% | 14.490% | -48.594% | -35.592% | -45.455% | 159.811% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-15
When analyzing the financials of ITM Power (ITMPF) in the renewable energy industry, it's clear that the company has experienced significant growth in assets and an expansion in its operations. At first glance, ITMPF seems to have a solid financial position thanks to its substantial increase in total assets and cash reserves. However, a closer examination of the numbers suggests that there are both positive and negative aspects of the company's financial health.
*Pros: *
Growing Total Assets and Cash Reserves: The company's total assets have grown consistently over the years, from €83,175,000 in 2020 to €458,165,000 in 2022. This indicates a strong organizational growth pattern, mostly driven by the increase in cash reserves.
