ITM Power

Global Decarbonization Will Unlock Expansive Hydrogen Adoption

AnalystHighTarget

Not Invested

Consensus Narrative from 11 Analysts

Published

17 Aug 25

Updated

21 Aug 25

AnalystHighTarget's Fair Value

UK£2.33

71.2% undervalued

21 Aug

UK£0.67

29.0%

-1.0%

Author's Valuation

UK£2.3

71.2% undervalued

AnalystHighTarget Fair Value

Narrative

Updates0

AnalystHighTarget Fair Value

UK£2.3

71.2% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

39.97%

Electrical revenue growth rate

0.44%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.89%

Calculation

UK£6.68m

Earnings '28

277.48x

PE Ratio '28

UK£1.85b

Market Cap '28

UK£1.85b

Market Cap '28

617.96m

No. shares '28

UK£3.00

Share Price '28

UK£3.00 Share Price '28

Discounted to 2025 @ 8.89% p.a.

UK£2.32

Fair Value '25