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Ideal Power Appoints New CEO Amid Leadership Transition

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Ideal Power Appoints New CEO Amid Leadership Transition

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Ideal Power ( (IPWR) ) has shared an announcement.

On October 31, 2025, Ideal Power Inc. announced the retirement of its CEO, R. Daniel Brdar, effective November 2, 2025, and the appointment of David Somo as the new President and CEO, effective November 3, 2025. Brdar will assist in the transition for a year, while Somo, with over 30 years of semiconductor industry experience, is expected to drive growth in Ideal Power’s target markets with his commercial expertise. This leadership change occurs as the company is poised to commercialize its innovative B-TRAN® technology, which has a significant market potential.

The most recent analyst rating on (IPWR) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Ideal Power stock, see the IPWR Stock Forecast page.

Spark’s Take on IPWR Stock

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

Ideal Power’s overall stock score reflects significant financial challenges, with ongoing losses and negative cash flows. Technical indicators suggest neutral momentum, while valuation remains difficult due to negative earnings. Strategic partnerships and technological advancements provide some optimism, but financial stability is crucial for future growth.

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

More about Ideal Power

Ideal Power Inc. (Nasdaq: IPWR) is a developer and provider of the B-TRAN® bidirectional semiconductor power switch, which offers efficient and ecofriendly energy control solutions for applications such as electric vehicles, renewable energy, and data centers. The company focuses on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN®) technology, which improves performance in AC power switching and control.

Average Trading Volume: 72,568

Technical Sentiment Signal: Sell

Current Market Cap: $47.67M

For a thorough assessment of IPWR stock, go to TipRanks’ Stock Analysis page.

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