Want to see IPW full AI Analyst Report?
Top Page
IPOWER
(NASDAQ:IPW)
Select Model
Select Model
Rating:41Neutral
Price Target:
$0.86
▼(-86.98% Downside)
Action:Reiterated
Date:07/21/26
The score is weighed down primarily by weak financial performance (sustained losses, contracting revenue, volatile cash flow, and KPI evidence of collapsing product revenue/gross profit) and strongly bearish technicals (price far below key moving averages with negative MACD). Corporate actions around financing and an AI strategy add some potential upside, but do not offset the current fundamental deterioration and downtrend. Valuation is also constrained by negative earnings and no indicated dividend yield.
Positive Factors
AI infrastructure strategy
Creating a dedicated AI subsidiary targets a structurally growing market for compute capacity and GPU leasing. If executed, asset-backed leasing and potential compute distribution offer recurring, contractable revenue streams distinct from e-commerce, diversifying business risk and leveraging rising AI demand.
Negative Factors
Sustained net losses
Persistent net losses erode shareholder equity and limit the company's ability to self-fund growth or absorb shocks. Continued negative margins constrain reinvestment in core operations, raise refinancing needs, and increase the likelihood of future dilution or restrictive financing terms absent a durable return-to-profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
AI infrastructure strategy
Creating a dedicated AI subsidiary targets a structurally growing market for compute capacity and GPU leasing. If executed, asset-backed leasing and potential compute distribution offer recurring, contractable revenue streams distinct from e-commerce, diversifying business risk and leveraging rising AI demand.
Read all positive factors
IPOWER Key Performance Indicators (KPIs)
Any
Revenue By Type
Highlights the different sources of revenue, providing insight into which products or services are driving growth and how diversified the company's income streams are.
Highlights the different sources of revenue, providing insight into which products or services are driving growth and how diversified the company's income streams are.
Data provided by:
The Fly
The FlyIPOWER (IPW) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.70M
Dividend YieldN/A
Average Volume (3M)33.40K
Price to Earnings (P/E)―
Beta (1Y)1.55
Revenue Growth-53.93%
EPS Growth-456.65%
CountryUS
Employees10
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-62.05
Shares Outstanding1,891,147
10 Day Avg. Volume19,189
30 Day Avg. Volume33,400
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.11
Price to Sales (P/S)0.31
P/FCF Ratio-27.38
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)55.2
Revenue Forecast (FY)$138.90M
IPOWER Business Overview & Revenue Model
Company Description
iPower Inc. operates as an online retail enterprise in the United States, specializing in equipment for hydroponics. The company offers a comprehensive array of products designed for both indoor and outdoor cultivation. Their catalog features soph...
How the Company Makes Money
iPower primarily makes money by selling indoor growing and hydroponic products through e-commerce channels. Key revenue streams include: (1) Direct-to-consumer online sales: Revenue generated from selling products to end customers through the comp...
IPOWER Earnings Call Summary
Earnings Call Date:May 15, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Sep 29, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with strong efforts in supply chain diversification and debt reduction, as well as a significant milestone in SuperSuite's revenue contribution. However, the company faced challenges with a decline in total revenue, gross margin, and profitability. While strategic initiatives are promising, the financial declines slightly overshadow the positive developments.Positive Updates
SuperSuite Revenue Milestone
SuperSuite now accounts for approximately 20% of iPower's total revenue mix, highlighting the growing demand and adoption of their integrated supply chain offerings.
Negative Updates
Revenue Decline
Total revenue for fiscal Q3 2025 was $16.6 million, a decrease from $23.3 million in the previous year, primarily due to lower product sales to the largest channel partner.
Read all updates
Q3-2025 Updates
Positive
Negative
SuperSuite Revenue Milestone
SuperSuite now accounts for approximately 20% of iPower's total revenue mix, highlighting the growing demand and adoption of their integrated supply chain offerings.
Read all positive updates
Company Guidance
During the fiscal third quarter of 2025, iPower made strategic strides to strengthen its operational foundation amid a cautious demand environment. With total revenue at $16.6 million, down from $23.3 million the previous year, the company attributed this decline to reduced product sales to its largest channel partner, although it saw growth in its SuperSuite supply chain offerings, which now represent 20% of total revenue. Gross profit was $7.2 million with a gross margin at 43.3%, down from 47% a year prior due to increased service income. Operating expenses decreased by 15% to $7.4 million, driven by lower general and administrative costs and reduced selling expenses. Despite a net loss of $340,000, iPower improved its financial stability by reducing total debt by 43% to $3.6 million. The company continues to diversify its supply chain, emphasizing U.S.-based manufacturing and suppliers to enhance agility and reduce geopolitical risks. Looking forward, iPower's disciplined capital allocation and strategic initiatives, including its Made in USA module, aim to bolster long-term growth and market competitiveness.IPOWER Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
32
Negative
| Breakdown | TTM | Sep 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.14M | 66.14M | 86.07M | 88.90M | 79.42M | 54.08M |
| Gross Profit | 13.64M | 28.99M | 39.25M | 34.80M | 33.20M | 22.82M |
| EBITDA | -9.38M | -3.24M | 1.51M | -10.19M | 3.20M | 305.03K |
| Net Income | -8.00M | -4.97M | -1.53M | -11.97M | 1.52M | -775.75K |
Balance Sheet | ||||||
| Total Assets | 31.31M | 35.64M | 51.30M | 60.09M | 78.58M | 35.64M |
| Cash, Cash Equivalents and Short-Term Investments | 713.68K | 2.01M | 7.38M | 3.74M | 1.82M | 6.65M |
| Total Debt | 7.74M | 8.01M | 12.89M | 20.07M | 26.82M | 2.55M |
| Total Liabilities | 14.16M | 17.37M | 28.28M | 39.23M | 46.18M | 10.65M |
| Stockholders Equity | 17.20M | 18.32M | 23.05M | 20.89M | 32.41M | 24.99M |
Cash Flow | ||||||
| Free Cash Flow | 430.40B | -742.78K | 6.16M | 9.07M | -17.09M | -12.82M |
| Operating Cash Flow | 430.40B | -579.19K | 6.16M | 9.21M | -16.60M | -12.76M |
| Investing Cash Flow | -6.19M | -2.04M | 0.00 | -140.81K | -139.39K | -61.50K |
| Financing Cash Flow | 4.11M | -3.00M | -2.40M | -7.15M | 11.91M | 18.49M |
IPOWER Technical Analysis
Negative
6.60
Price Trends
3.24
Negative
7.35
Negative
43.53
Negative
Market Momentum
-0.71
Negative
20.28
Positive
8.21
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IPW, the sentiment is Negative. The current price of 6.6 is above the 20-day moving average (MA) of 1.68, above the 50-day MA of 3.24, and below the 200-day MA of 43.53, indicating a bearish trend. The MACD of -0.71 indicates Negative momentum. The RSI at 20.28 is Positive, neither overbought nor oversold. The STOCH value of 8.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPW.
IPOWER Risk Analysis
IPOWER disclosed 65 risk factors in its most recent earnings report. IPOWER reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
IPOWER Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | $60.78M | 3.54 | -151.13% | ― | -0.60% | 548.86% | |
44 Neutral | $15.61M | -2.56 | -9.51% | ― | -9.81% | ― | |
44 Neutral | $7.19M | -0.36 | ― | ― | ― | ― | |
41 Neutral | $1.70M | -0.01 | -17.74% | ― | -53.93% | -456.65% | |
40 Underperform | $3.43M | -0.11 | -373.22% | ― | -67.70% | 44.67% |
* Consumer Cyclical Sector Average
IPW
IPOWER
0.90
-151.52
-99.41%
LITB
LightInTheBox
3.18
1.81
133.46%
MOGU
Mogu
1.94
-0.40
-17.09%
MI
NFT
9.04
-251.76
-96.53%
YJ
Yunji
1.44
-0.45
-23.81%
WBUY
Webuy Global
0.75
-6.64
-89.91%
IPOWER Corporate Events
Business Operations and StrategyPrivate Placements and Financing
iPower Unveils AI Infrastructure and Hardware Leasing Strategy
Positive
Jul 21, 2026
On July 15, 2026, iPower formed two wholly owned Delaware subsidiaries, IPW Commerce LLC and iPower AI LLC, to separate its e-commerce and artificial intelligence operations without changing its management or capital structure. On July 21, 2026, t...
Business Operations and StrategyPrivate Placements and Financing
iPower Secures New Convertible Note Financing for Growth
Positive
Jul 6, 2026
On July 6, 2026, iPower secured a $2.0 million senior secured convertible note investment from an institutional investor under its existing note facility, issuing $2.0 million of Series A notes at a discount for gross proceeds of about $1.88 milli...
Business Operations and StrategyFinancial Disclosures
IPOWER amends key supply and distribution agreement
Neutral
Jul 2, 2026
On June 30, 2026, iPower Inc., Global Product Marketing, Inc., and ETTS AI Investment LLC signed a supplement to their earlier supply and distribution agreement under which GPM assumed $2,007,366.86 of accounts payable owed to iPower’s suppl...
Business Operations and StrategyPrivate Placements and Financing
iPower Makes Initial USDai Investment in AI Infrastructure
Positive
Jun 4, 2026
On June 4, 2026, iPower Inc. announced it had completed an initial purchase of approximately $1 million of USDai, the synthetic dollar of the USD.AI protocol, as part of its AI infrastructure investment strategy. The transaction represents the fir...
Business Operations and StrategyStock Buyback
iPower Initiates Trading Plan for Share Repurchase Program
Positive
May 26, 2026
On May 26, 2026, iPower announced that it had executed the documents needed to implement a trading plan tied to its previously authorized share repurchase program of up to $2 million in common stock. The trading plan is expected to become active o...
Regulatory Filings and ComplianceStock Split
iPower Announces 1-for-8 Reverse Stock Split
Neutral
May 22, 2026
On May 19, 2026, iPower Inc. announced a 1-for-8 reverse stock split of its common stock, which will take effect at 12:01 a.m. Eastern Time on May 22, 2026, with trading on a split-adjusted basis on Nasdaq under the existing ticker IPW that same d...
Business Operations and StrategyPrivate Placements and Financing
iPower Expands Financing to Support New AI Strategy
Positive
May 19, 2026
On May 19, 2026, iPower consummated an additional optional closing under its December 2025 securities purchase agreement, issuing $3 million in Series A senior secured convertible notes to an institutional investor and receiving approximately $2.8...
Business Operations and StrategyFinancial Disclosures
iPower Highlights Strengthened Collateral Position and Flexibility
Positive
Apr 29, 2026
On April 29, 2026, iPower Inc. announced that as of April 28, 2026, cash and marketable digital assets in its collateral account had an aggregate reference market value of about $4.05 million, exceeding the roughly $3.69 million remaining note bal...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.