Semiconductor switch developer Ideal Power's Q1 net loss widens on higher expenses
Ideal Power Inc. IPWR | 0.00 |
Overview
US semiconductor switch developer reported no Q1 revenue
Net loss widened to $3.6 mln from $2.7 mln, driven by higher operating expenses
Company ended Q1 with $16.4 mln cash and no long-term debt
Outlook
Company expects to deliver SSCB prototypes for 800V AI data center and grid customers in Q4 2026
Prototype delivery for U.S. hyperscaler targeted for end of Q4 2026
Company sees significant demand ahead as industry shifts to high-voltage DC power architectures
Result Drivers
HIGHER OPERATING EXPENSES - Co said increased stock-based compensation and personnel costs drove higher operating expenses in Q1
NO RECOGNIZED REVENUE - Co reported no commercial revenue in Q1 as commercial and development activities have not yet resulted in sales
Company press release: ID:nPn47vHHza
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 EPS |
|
-$0.33 |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Ideal Power Inc is $10.75, about 99.8% above its May 13 closing price of $5.38
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