Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from ITM Power ( (GB:ITM) ) is now available.
ITM Power has reported that its total issued share capital stands at 691,405,563 ordinary shares of 5p each, all of which carry voting rights, with no shares held in treasury. This figure now represents the total number of voting rights in the company and will be used by shareholders to assess whether they must disclose holdings or changes in their positions under UK transparency rules.
The disclosure clarifies the current capital and voting structure for investors and regulators, providing an updated denominator for calculating ownership thresholds in line with the Financial Conduct Authority’s guidance. By confirming a stable share count and full allocation of voting rights, ITM Power aims to support transparent market monitoring and ensure stakeholders can meet their reporting obligations accurately.
The most recent analyst rating on (GB:ITM) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on ITM Power stock, see the GB:ITM Stock Forecast page.
Spark’s Take on ITM Stock
According to Spark, TipRanks’ AI Analyst, ITM is a Neutral.
The score is driven by strong technical momentum and a constructive earnings outlook (reiterated growth guidance, improving gross loss/EBITDA trend, and strong cash/backlog quality). This is materially offset by weak financial performance today—persistent losses and negative operating/free cash flow—and valuation signals that remain constrained by lack of profitability and no dividend support.
To see Spark’s full report on ITM stock, click here.
More about ITM Power
ITM Power is a UK-headquartered manufacturer of industrial-scale electrolysers for green hydrogen production, using proprietary PEM technology and vertically integrated manufacturing to deliver standardised, high-performance hydrogen plants. Listed on AIM with the London Stock Exchange and holding the Green Economy Mark, the company serves industrial and energy customers seeking to decarbonise, and also offers hydrogen supply through its build-own-operate Hydropulse model.
Average Trading Volume: 4,858,500
Technical Sentiment Signal: Buy
Current Market Cap: £1.01B
See more insights into ITM stock on TipRanks’ Stock Analysis page.