Ideal Power Inc. (IPWR) AI Stock Analysis

Ideal Power Inc., headquartered in Austin, Texas, specializes in advancing and commercializing its revolutionary B-TRAN technology. This platform centers on Bi-directional bi-polar junction TRANsistor solid state switch technology, designed to enhance efficiency and reliability across various applications. Originally known as Ideal Power Converters Inc., the company rebranded as Ideal Power Inc. in July 2013 to better reflect its expanded technological focus. Founded in 2007, the company develops power conversion solutions to address critical energy management challenges across industrial and commercial sectors.

Ideal Power has experienced substantial revenue contraction, with its 5-year revenue CAGR standing at -38.5% from FY2020 to FY2025. Annual revenue decreased from $576,399 in FY2021 to $37,728 in FY2025, falling 56.1% in FY2025 alone. Gross margin also eroded over this period, shifting from 19.2% in FY2023 to -60.1% in FY2025. The company reported net income of -$4.8M in FY2021 and -$10.6M in FY2025, resulting in an FY2025 net margin of -28038.6%. Over the trailing twelve months, revenue totaled $30,250 with EPS of -$1.03. In the latest quarter ended June 30, 2026, quarterly revenue growth was 354.9% year-over-year.

As of June 30, 2026, Ideal Power held $41.3M in cash and short-term investments against $358,447 in total debt, yielding net cash of $40.9M. The company maintains liquidity with a current ratio of 27.86 and a debt-to-equity ratio of 0.01. In FY2025, operating cash flow was -$9.1M, free cash flow was -$9.3M, and capital expenditures were $119,481. The company has funded its operations in part through equity issuance, resulting in a 175.6% 5-year change in share count.

Ideal Power trades at an enterprise value of $25.5M and a market capitalization of $49.0M. The stock has a forward P/E of 9.0x, which is lower than the 18.8x median of its US-listed Technology peers. Its enterprise value to revenue ratio stands at 841.7x, while its price-to-book ratio is 1.6x. The stock has lagged the broader market over multiple time horizons. Ideal Power returned -42.4% over the past year compared to a 16.8% return for the S&P 500 (SPY), and dropped 80.0% over the past five years versus an 83.0% gain for SPY.

Analysts have established a mean price target of $10.75 for Ideal Power, which is 260.7% above its last close of $2.98. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $0 and an EPS of -$1.15. For the next fiscal year, one analyst forecasts revenue to reach $7.0M with an EPS of -$1.12. Over the last four quarters, the company beat EPS estimates twice. Ideal Power's next earnings date is scheduled for November 12, 2026.

This page is an AI-written research summary of Ideal Power Inc. (IPWR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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