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LON:ITM

ITM Power plc

OPPORTUNISTIC BUY 2026-08-01 Updated today 102.10p Industrials - Industrial - MachineryREDUCE ZONE
59

Position levels

Currenttoday
102.10p
Buy <=wait / entry
68.33p
Trim >=take some off
95.00p
Thesis breakThe thesis would be invalidated by a discounted dilutive equity raise, the loss ...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • FY26 revenue guidance raised to GBP 40-43m
  • Contracted order book increased to GBP 152m with 71% profitable contracts
  • Record H1 2026 revenue of GBP 18m and delivery of 200MW Lingen project for RWE
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.