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iPower CFO Resignation Announced, CEO Steps In

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iPower CFO Resignation Announced, CEO Steps In

Confident Investing Starts Here:

An update from IPOWER ( (IPW) ) is now available.

On May 22, 2025, iPower Inc. announced the resignation of its Chief Financial Officer, Kevin Vassily, effective May 30, 2025, as he pursues another opportunity. The CEO, Chenlong Tan, will temporarily assume the role of Interim CFO without additional compensation. Mr. Vassily will continue as a consultant for a month to aid the transition. This change is not expected to disrupt the company’s operations or policies.

The most recent analyst rating on (IPW) stock is a Buy with a $2.75 price target. To see the full list of analyst forecasts on IPOWER stock, see the IPW Stock Forecast page.

Spark’s Take on IPW Stock

According to Spark, TipRanks’ AI Analyst, IPW is a Neutral.

IPOWER’s overall stock score of 53 reflects its mixed financial performance, with significant profitability and cash flow challenges offset by recent positive earnings call outcomes. The technical analysis suggests a neutral trend, while the valuation metrics indicate potential overvaluation concerns. The company’s efforts to improve revenue and profitability, as highlighted in the earnings call, provide some optimism for future performance.

To see Spark’s full report on IPW stock, click here.

More about IPOWER

iPower Inc., a Nevada corporation, operates in the e-commerce industry, focusing on selling various products through online platforms. The company was co-founded by Chenlong Tan in 2018, who has played a significant role in its growth and development.

Average Trading Volume: 54,080

Technical Sentiment Signal: Sell

Current Market Cap: $16.13M

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

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