Itm Power (ITMPF) to Announce Quarterly Earnings on Thursday

Itm Power (OTCMKTS:ITMPF) is expected to be issuing its resultson Thursday, August 13th. Analysts expect the company to post earnings of ($0.0449) per share and revenue of $36.9740 million for the quarter.

Itm Power Stock Performance

Itm Power stock opened at $1.35 on Thursday. The company’s 50-day moving average is $1.67 and its 200-day moving average is $1.39. Itm Power has a fifty-two week low of $0.79 and a fifty-two week high of $2.85.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley upgraded shares of Itm Power from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Itm Power Company Profile

Itm Power plc is a United Kingdom–based manufacturer of integrated hydrogen energy solutions, specializing in proton exchange membrane (PEM) electrolyzer systems. The company’s core offering includes modular electrolyzer stacks and balance-of-plant solutions designed to convert renewable electricity into green hydrogen. These systems can be scaled from small-scale demonstrations to multi-megawatt deployments, targeting applications in industry, gas blending and refueling infrastructure.

Beyond electrolyzer modules, Itm Power develops turnkey turnkey “power-to-gas” and “power-to-liquids” projects that enable carbon-free fuel production.