Ideal Power

IPWR · NASDAQ

$2.98+$0.05 (+1.71%)TodayMarket closed · Oct 20, 4:10 PM ET

Prev close $2.93

IPWR analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 3 analysts

Average $10.97 (+268.0% upside)

Low: $10.86
Now: $2.98
High: $11.29

Upgrades and downgrades

The latest rating actions, newest first

IPWR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
WestPark Capital	Nov 11, 2025	Upgrade	Hold → Buy	$10.75	31%

The case for and against

Updated Oct 31, 2025

Bull case

Ideal Power Inc is advancing its patented B-TRAN semiconductor technology, which offers substantial performance improvements over conventional power semiconductors and is applicable across various sectors, including electric vehicles and renewable energy. The company is rapidly expanding its opportunities, with expectations of growth in its market potential as it moves through FY25, despite uncertain timelines for the commercial launch of its products. The utilization of silicon wafers as the primary material for B-TRAN devices positions Ideal Power favorably within the semiconductor industry, potentially enhancing its competitive edge and market presence.

Bear case

Ideal Power Inc. has experienced ongoing financial losses and foresees continued deficits without generating significant commercial revenue, raising concerns about its ability to achieve sustainable profitability. The company's reliance on silicon wafers for its B-TRAN semiconductor technology exposes it to potential unexpected costs and fabrication challenges that could impede development timelines and overall business viability. Additionally, the complexity involved in scaling new fabrication processes may further hinder Ideal Power's semiconductor fabrication partners, potentially delaying product commercialization and negatively impacting financial performance.

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