ITM Power (LON:ITM) Stock: Insider John Howarth Buys 23,072 Shares

ITM Power Plc (LON:ITM) insider John Howarth acquired 23,072 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was purchased at an average price of GBX 87 per share, for a total transaction of £20,072.64.

ITM Power Trading Up 4.7%

ITM Power stock opened at GBX 90.01 on Wednesday. ITM Power Plc has a 52-week low of GBX 57.90 and a 52-week high of GBX 219.80. The company has a quick ratio of 7.56, a current ratio of 2.73 and a debt-to-equity ratio of 5.87. The firm has a market capitalization of £621.24 million, a price-to-earnings ratio of -18.00 and a beta of 2.82. The firm has a 50-day moving average price of GBX 101.14 and a two-hundred day moving average price of GBX 118.64.

ITM Power (LON:ITM) last announced its quarterly earnings results on Monday, October 19th. The company reported GBX (4) EPS for the quarter. ITM Power had a negative net margin of 57.26% and a negative return on equity of 11.09%. Sell-side analysts expect that ITM Power Plc will post -8.92 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently commented on ITM shares. JPMorgan Chase & Co. raised their target price on ITM Power from GBX 60 to GBX 80 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Peel Hunt reiterated a “hold” rating and set a GBX 92 price target on shares of ITM Power in a research report on Thursday, October 8th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 200 price target on shares of ITM Power in a research report on Monday, October 12th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, ITM Power has an average rating of “Hold” and an average target price of GBX 4,086.40.

Trending Headlines about ITM Power

Here are the key news stories impacting ITM Power this week:

• Positive Sentiment: Annual revenue increased 68% to a record £43.6 million, while losses narrowed by approximately £13 million. Management is targeting £50 million–£60 million of revenue in FY2027, signaling continued commercial growth in its electrolyser business. ITM Power Reports 68% Revenue Growth ITM Power Cuts Losses
• Positive Sentiment: A reported £86.5 million state backstop, alongside an ambition to supply a 150MW refinery project, supports ITM Power’s funding position and potential order pipeline. The development may reassure investors concerned about financing large hydrogen projects. ITM Power State Backstop and Refinery Ambition
• Neutral Sentiment: Director Simon Bourne purchased 169 shares at an average price of 89 pence, worth about £150. The transaction is technically supportive of management confidence, but its small size is unlikely to materially affect valuation or trading. Insider Simon Bourne Acquires Shares
• Negative Sentiment: ITM Power remains loss-making: quarterly EPS was negative 4 pence, with a reported net margin of negative 57.26% and return on equity of negative 11.09%. Analysts expect a full-year loss, so investors continue to face execution and path-to-profitability risks. ITM Power Earnings Results

ITM Power Company Profile

ITM Power designs and manufactures industrial-scale electrolysers for green hydrogen production. Its proprietary PEM technology, vertically integrated manufacturing, and in-house engineering capabilities enable it to supply standardised, high-performance hydrogen plants.

With a proven track record in large-scale projects, ITM Power helps leading industrial and energy companies achieve their decarbonisation goals. In addition to its equipment offering, the company provides reliable and cost-competitive hydrogen supply through its build, own and operate (BOO) model, Hydropulse.

Headquartered in the UK, ITM Power is listed on the London Stock Exchange AIM (LSE: ITM) and holds the Green Economy Mark, which recognises companies that generate over 50% of their revenues from green products and services.