Analyst Price Target is GBX 505
▼ -20.72% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Ceres Power in the last 3 months. The average price target is GBX 505, with a high forecast of GBX 530 and a low forecast of GBX 480. The average price target represents a -20.72% upside from the last price of GBX 637.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Ceres Power. This rating has held steady since May 2024, when it changed from a Moderate Buy consensus rating.
Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels.
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