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The latest announcement is out from ITM Power ( (GB:ITM) ).
ITM Power has confirmed that Jürgen Nowicki has formally taken over as non-executive chair of the board as of 15 January 2026, succeeding Sir Roger Bone, who has retired after leading the company through its evolution from a development-stage venture to a commercial market leader in electrolysers. The board and management emphasised that Nowicki’s sector experience is expected to support continued operational discipline, effective governance and execution of ITM Power’s growth strategy, underlining the company’s focus on consolidating its market position in green hydrogen technologies during a critical phase of industry expansion.
The most recent analyst rating on (GB:ITM) stock is a Hold with a £68.00 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 GB:ITM Stock
According to Spark, TipRanks’ AI Analyst, GB:ITM is a Neutral.
ITM Power’s overall stock score is primarily influenced by its financial performance challenges, including negative profitability and cash flow issues. While the earnings call provided positive insights into future growth and strategic initiatives, the current technical indicators and valuation metrics reflect a cautious outlook. The company’s strong revenue growth and contract backlog are positive, but operational inefficiencies and market challenges remain significant concerns.
To see Spark’s full report on GB:ITM stock, click here.
More about ITM Power
ITM Power, founded in 2000 and listed on London’s Alternative Investment Market since 2004, is a UK-based manufacturer of proton exchange membrane (PEM) electrolysers that produce green hydrogen from renewable electricity and water, positioning the company as a key player in the net-zero energy transition.
Average Trading Volume: 2,242,228
Technical Sentiment Signal: Hold
Current Market Cap: £411.2M
For detailed information about ITM stock, go to TipRanks’ Stock Analysis page.