Ceres Power Successfully Passes AGM Resolutions Amid Shareholder Concerns

Ceres Power Holdings ( (GB:CWR) ) has shared an update.

Ceres Power Holdings plc announced that all resolutions were passed at its Annual General Meeting, including the reappointment of auditors and the election of board members. Notably, 20.33% of votes were against the Directors’ Remuneration Report, prompting the company to engage with dissenting shareholders to address their concerns. This engagement will be reported in the 2025 Annual Report, reflecting the company’s commitment to shareholder dialogue and corporate governance.

The most recent analyst rating on (GB:CWR) stock is a Buy with a £4.50 price target. To see the full list of analyst forecasts on Ceres Power Holdings stock, see the GB:CWR Stock Forecast page.

Spark’s Take on GB:CWR Stock

According to Spark, TipRanks’ AI Analyst, GB:CWR is a Neutral.

Ceres Power Holdings shows impressive revenue growth and a strong strategic direction, but profitability challenges and negative cash flow weigh heavily on its financial score. Technical analysis indicates a bearish trend, compounded by a negative P/E ratio and lack of dividends. Despite positive corporate events and earnings call sentiment, these factors do not outweigh the financial and technical weaknesses, resulting in a moderate overall score.

To see Spark’s full report on GB:CWR stock, click here.

More about Ceres Power Holdings

Ceres Power Holdings plc is a leading developer of clean energy technology, specializing in fuel cells for power generation and electrolysers for green hydrogen production. The company operates an asset-light, licensing model, partnering with major global companies such as Doosan, Delta, Denso, Shell, Weichai, and Thermax. Ceres’ solid oxide technology enhances electrification and produces green hydrogen efficiently, targeting the decarbonization of emissions-intensive industries like steelmaking and ammonia production. Ceres is listed on the London Stock Exchange and holds the LSE Green Economy Mark.

Average Trading Volume: 1,382,946

Technical Sentiment Signal: Sell

Current Market Cap: £153.7M

See more data about CWR stock on TipRanks’ Stock Analysis page.