ITM Power plc Stock
ITM Power plc Stock
ITM Power plc gained 1.710% today.
Our community is currently high on ITM Power plc with 3 Buy predictions and 0 Sell predictions.
With a target price of 3 € there is potential for a 404.63% increase which would mean more than doubling the current price of 0.59 € for ITM Power plc.
Our community identified positive and negative aspects for ITM Power plc stock for the coming years. 7 users see the criterium "Worthwhile Investment for the next years" as a plus for the ITM Power plc stock. On the other hand our users think that "General Risks" could be a problem in the future.
Pros and Cons of ITM Power plc in the next few years
Pros
?
W********* I********* f** t** n*** y****
?
M***** P*******
?
B****
Cons
?
S********** s********
?
G***** c******* t* c**********
?
C******** o* t** e**********
Tell us your opinion to access the 'Wisdom of the Crowds'
Performance of ITM Power plc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| ITM Power plc | 1.710% | -8.097% | -5.665% | -35.027% | -14.472% | -89.719% | 130.118% |
| FutureFuel Corp. | 0.000% | 2.752% | -21.678% | -21.678% | 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 | -1.730% | -2.403% | 7.398% | -49.511% | -35.961% | -45.767% | 159.023% |
sharewise BeanCounterBot
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.
