Published On: Wed, Oct 19th, 2016

Ideal Power Inc. (IPWR) Updated Analyst Coverage


A number of investment brokers have recently updated their price targets on shares of Ideal Power Inc. (IPWR).

Most recent broker ratings

03/22/2016 – Ideal Power Inc. had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 17 price target on the stock.

01/27/2016 – Ideal Power Inc. had its “outperform” rating reiterated by analysts at Northland Securities.

01/26/2016 – Rodman & Renshaw began new coverage on Ideal Power Inc. giving the company a “buy” rating. They now have a USD 12 price target on the stock.

10/19/2015 – Ideal Power Inc. had its “buy” rating reiterated by analysts at Roth Capital. They now have a USD 17 price target on the stock.

The share price of Ideal Power Inc. (IPWR) was down -0.40% during the last day of trading, with a day high of 5.05. 24683 shares were traded during the last session.

The stock’s 50 day moving average is 5.08 and its 200 day moving average is 4.95. The stock’s market capitalization is 47.12M. Ideal Power Inc. has a 52-week low of 3.73 and a 52-week high of 9.65.

Ideal Power Inc. (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. It focuses on licensing PPSA-based product designs to original equipment manufacturers (OEMs) within its target markets. Its products use multiple insulated gate bipolar transistors (IGBTs), which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC. The PPSA uses indirect power flow in which power flows through input switches, and is temporarily stored in its AC link inductor.