iPower, identified by the ticker IPW, has revealed a significant strategic transformation endorsed by its Board of Directors. The company is set to reposition itself with a focus on cryptotreasury and blockchain infrastructure services. This move is highlighted by an initial strategy centered on establishing a Bitcoin treasury, which is anticipated to serve as a crucial element for future expansion and growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for iPower Inc (IPW, Financial) is $2.75 with a high estimate of $2.75 and a low estimate of $2.75. The average target implies an upside of 347.88% from the current price of $0.61. More detailed estimate data can be found on the iPower Inc (IPW) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, iPower Inc's (IPW, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for iPower Inc (IPW, Financial) in one year is $0.62, suggesting a upside of 0.98% from the current price of $0.614. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the iPower Inc (IPW) Summary page.
IPW Key Business Developments
Release Date: May 15, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- iPower Inc (IPW, Financial) has taken significant steps to diversify its supply chain by expanding manufacturing into the US and onboarding more US-based suppliers.
- The company's Supersuite business continues to show solid momentum, now accounting for approximately 20% of total revenue.
- iPower Inc (IPW) has implemented key functions from value-added partners across logistics, merchandising, and data analytics to enhance its Supersuite capabilities.
- The company has reduced its total debt by 43% to $3.6 million, reinforcing its commitment to strengthening the balance sheet.
- Operating expenses improved by 15% in fiscal Q3 due to optimization initiatives, resulting in lower general and administrative costs.
Negative Points
- Total revenue for the fiscal third quarter of 2025 decreased to $16.6 million from $23.3 million in the prior year, primarily due to lower product sales to the largest channel partner.
- Gross profit decreased to $7.2 million from $10.3 million in the same quarter of fiscal 2024, with gross margin dropping to 43.3% from 47%.
- The company reported a net loss of $340,000 or $0.01 per share, compared to a net income of $1 million or $0.03 per share in the same period of fiscal 2024.
- Cash and cash equivalents decreased to $2.2 million at the end of March 2025, down from $7.4 million at the end of June 2024.
- Despite efforts to diversify, the majority of iPower Inc (IPW)'s supplies still come from China, indicating a continued reliance on this region.
