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Ideal Power (IPWR) AI Stock Analysis
Ideal Power
(NASDAQ:IPWR)
IPWR scores low mainly due to very weak financial performance (tiny current revenue, large ongoing losses, and continued cash burn) and bearish technicals (below major moving averages with negative MACD). The latest earnings call provides some offset via tangible commercialization progress and an improved cash position, but guidance still implies ongoing cash burn and execution risk, while valuation is constrained by negative earnings and no dividend support.
Ideal Power (IPWR) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $39.90M
- Dividend Yield
- ―
- Average Volume (3M)
- 181.38K
- Price to Earnings (P/E)
- -2.3
- Beta (1Y)
- 1.90
- Revenue Growth
- 57.22%
- EPS Growth
- 13.79%
- Country
- US
- Employees
- 17
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
Ideal Power Business Overview & Revenue Model
Company Description
Ideal Power Inc. is dedicated to the development and market introduction of its proprietary B-TRAN technology, an advanced bi-directional bipolar junction transistor solid-state switch. The company, founded in 2007 and based in Austin, Texas, was for...
How the Company Makes Money
Ideal Power’s revenue model is centered on monetizing its proprietary B-TRAN technology. Primary revenue streams include: (1) development and commercialization revenue tied to B-TRAN device introduction and customer adoption, which may include engine...
Ideal Power Earnings Call Summary
The call conveyed strong commercial and operational progress—multiple prototype milestones, a long-term foundry agreement with first silicon, expansion of the sales funnel (+≈33%), product kit rollouts, and a $27.7M capital raise leading to $41.3M cash on hand. These positives are balanced against early-stage / modest near-term revenue, increased operating expenses and net loss (operating expenses +≈16%, net loss +≈13%), higher 2026 cash burn guidance versus 2025, patent rationalization charges, and execution/timing risk associated with converting the pipeline into production revenue. Overall, management portrays cautious optimism: clear technical and go-to-market momentum but with near-term financial and execution challenges that are typical for a company transitioning from development to commercialization.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided Q3 cash burn of about $2.7–$2.9M and full‑year 2026 cash burn of roughly $10.3–$10.5M (2025 cash burn was $9.6M); Q2 cash burn was $2.5M (at the low end of prior guidance). The company ended June 30 with $41.3M in cash after a $27.7M net registered direct offering, has no debt, and a fully diluted share count of 21,070,159 (16,421,520 basic shares, 1,238,553 options/units, 3,410,086 prefunded warrants). Q2 results included modest revenue, operating expenses of $3.6M (vs. $3.1M a year ago) and a net loss of $3.4M (vs. $3.0M), with management expecting modest OpEx increases and quarter‑to‑quarter variability; they continue to target 40%+ gross margins supported by a new long‑term automotive‑qualified foundry (functional first silicon achieved). Product and commercial timing guidance includes starting industrial (JEDEC) qualification this quarter and completing in Q4, prototype SSCB shipment to the lead Asia customer later this month and broader B‑TRAN SSCB prototypes and initial low‑volume orders in Q4 2026, a co‑developed hyperscaler prototype targeted by end‑Q4, a Stellantis milestone in Q4, rollout and first stocking order for SSCB RDKs in the coming weeks, and a sales funnel that has grown to over $400M (from about $300M), split roughly 50/50 between automotive and AI/industrial; 105 issued patents remain intact.
Ideal Power Financial Statement Overview
Summary
Financials are the primary weakness: revenue has collapsed versus prior years and remains very small, while profitability is deeply negative (TTM gross profit negative and large EBIT/net losses relative to revenue). Cash generation is also weak with significant negative operating and free cash flow, implying continued funding needs. The main offset is low leverage (very modest debt vs. equity), which reduces near-term balance-sheet stress.
Income Statement
9Very NegativeBalance Sheet
62PositiveCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.25K | 37.73K | 86.03K | 198.87K | 203.27K | 576.40K |
| Gross Profit | -233.97K | -22.68K | -7,377 | 38.26K | 0 | 0 |
| EBITDA | -11.62M | -10.12M | -10.00M | -9.62M | -6.94M | -4.60M |
| Net Income | -11.88M | -10.58M | -10.42M | -9.95M | -7.19M | -4.77M |
Balance Sheet | ||||||
| Total Assets | 45.05M | 10.05M | 19.83M | 12.25M | 19.40M | 25.88M |
| Cash, Cash Equivalents and Short-Term Investments | 41.29M | 6.13M | 15.84M | 8.47M | 16.35M | 23.17M |
| Total Debt | 358.45K | 403.33K | 486.02K | 202.99K | 267.58K | 326.45K |
| Total Liabilities | 2.58M | 2.17M | 1.97M | 2.19M | 1.49M | 1.73M |
| Stockholders Equity | 42.47M | 7.88M | 17.86M | 10.06M | 17.91M | 24.15M |
Cash Flow | ||||||
| Free Cash Flow | -9.48M | -9.25M | -9.25M | -7.37M | -6.57M | -4.52M |
| Operating Cash Flow | -9.18M | -9.14M | -8.74M | -7.13M | -6.38M | -4.28M |
| Investing Cash Flow | -593.21K | -449.49K | -506.43K | -522.95K | -312.74K | -236.94K |
| Financing Cash Flow | 39.97M | -128.83K | 16.62M | -216.26K | -127.87K | 24.53M |
Ideal Power Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IPWR, the sentiment is Negative. The current price of 2.60 is below the 20-day moving average (MA) of 3.14, below the 50-day MA of 3.90, and below the 200-day MA of 4.27, indicating a bearish trend. The MACD of -0.35 indicates Positive momentum. The RSI at 25.63 is Positive, neither overbought nor oversold. The STOCH value of 21.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPWR.
Ideal Power Risk Analysis
Ideal Power disclosed 25 risk factors in its most recent earnings report. Ideal Power reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksIdeal Power Peers Comparison
Overall Rating
PPSI44Neutral- IPWR44Neutral
FLUX43Neutral
DFLI41Neutral
SDST38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| PPSI | 44Neutral | $28.19M | -3.43 | -27.64% | ― | ― | ― |
| IPWR | 44Neutral | $43.22M | -2.29 | -60.76% | ― | 57.22% | 13.79% |
| FLUX | 43Neutral | $9.30M | -1.18 | -261.63% | ― | -36.58% | 5.31% |
| DFLI | 41Neutral | $3.56M | -0.01 | -1565.55% | ― | -4.85% | 53.62% |
| SDST | 38Underperform | $753.50K | -0.00 | 256.59% | ― | ― | 67.65% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IPWR | Ideal Power Inc | 2.43 | -2.43 | -49.95% | |
| PPSI | Pioneer Power Solutions | 2.40 | -1.87 | -43.79% | |
| FLUX | Flux Power Holdings | 0.45 | -1.77 | -79.59% | |
| SDST | Stardust Power Inc. | 0.01 | -3.77 | -99.68% | |
| DFLI | Dragonfly Energy Holdings Corp | 1.82 | -82.18 | -97.83% |
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.
Date of analysis: Oct 24, 2026