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iPower Inc(IPW)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.67
11/02/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for IPW

11/02/2026: IPW (1-star) is currently NOT-A-BUY. Pass it for now.

iPower Inc. is a small, data-driven e-commerce retailer currently undergoing a strategic transformation from traditional marketplace retail toward AI infrastructure and services. While the company has established a history in home and gardening product sales through brands like Simple Deluxe, recent performance has been marked by significant volatility and operating losses. Its primary growth opportunity lies in transitioning to high-compute AI hardware leasing, though this remains an unproven, capital-intensive venture. Key risks include intense e-commerce competition, execution challenges regarding its new AI strategy, and persistent financial instability. The stock may suit speculative investors comfortable with high volatility and structural business changes, with careful monitoring required for new service contracts.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company is attempting a high-risk pivot into AI, but historical retail growth has been inconsistent.
Momentum investorStrong fit while signal remains positiveThe stock can experience significant short-term price swings driven by new strategic announcements.
Value investorWeak fitThe company's lack of profitability and volatile financials do not align with traditional value metrics.
Dividend investorWeak fitiPower does not pay a dividend and focuses capital on growth/survival.
Low-risk investorWeak fitHigh volatility and operational uncertainty make this unsuitable for risk-averse investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to significant price swings due to its micro-cap status and strategic pivot news.
Valuation riskMedium / highDifficulty in valuing a company with shifting business models and persistent losses increases risk.
Competition risk (Marketplace retail)HighIntense competition from established retailers and platform dependence poses a constant threat.
Business qualityLowLack of durable profitability and recent operational pivots indicate significant transition risk.
Dividend incomeLow / noneInvestors should expect no income, with all capital reinvested in operations.
Execution riskHighThe pivot from e-commerce to AI infrastructure requires significant operational and capital execution.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 41.02%
Avg. Invested days 14
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
IPW receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft company fundamentals, and soft quantitative characteristics.

Company Fundamentals

★★★★★
IPW has soft overall fundamentals (2 stars), with soft financial health, weak growth momentum, and soft ownership. In FY2026 versus FY2025, growth and ownership metrics are mixed: negative earnings growth (-133.9%), weak cash generation (FCF margin -6.4%), negative revenue growth (-69.8%).

Financial Health Rating

★★★★★
IPW's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 11.7%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
IPW's growth profile is soft, with the least-weak measure being revenue growth at -69.8% FY2026 versus FY2025. By comparison, while earnings growth (-133.9%, negative) and free-cash-flow growth (-72.6%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 0.2% (soft) and 45.3% of outstanding shares are publicly tradable (moderate). Insider ownership is only 0.16%, which materially reduces the ownership score.

Top 5 Institutional Investors

UBS Group AG 0.06%
Caitong International Asset Management Co., Limited. 0.00%
Geode Capital Management, LLC 0.00%
SBI Securities Co Ltd 0.00%

Unit Economics (Per $1K Revenue)

★★★★★
IPW generates approximately $202 of gross profit, $-723 of operating income, and $-64 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 18.67%

Quantitative Style Profile

★★★★★
IPW has a High Volatility Profile profile. Elevated volatility is the primary drawback.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap RiskShort Squeeze Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 0.41M USD
Price to earnings Ratio -
1Y Target Price 2.75
Price to earnings Ratio -
1Y Target Price 2.75
Volume (30-day avg) 505.2K shares
Beta 2.94
52 Weeks Range 1.57 - 12407.04
Updated Date 11/01/2026
52 Weeks Range 1.57 - 12407.04
Updated Date 11/01/2026
Dividends yield (FY) -
Basic EPS (TTM) -5376.24

How Company Makes Money

Business areaWhat it includesRetail investor read
E-commerce RetailSale of home, garden, and pet products on Amazon, Walmart, and proprietary sites.Core traditional business generating the bulk of historical revenue.
AI Infrastructure ServicesLeasing and management of AI computing units for third-party customers.New, unproven high-growth segment intended to drive future recurring service revenue.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Valuation

Trailing PE -
Forward PE 27.32
Enterprise Value 5.60M
Price to Sales(TTM) 0.02
Enterprise Value 5.60M
Price to Sales(TTM) 0.02
Enterprise Value to Revenue 0.28
Enterprise Value to EBITDA 14.34
Shares Outstanding 231.12K
Shares Floating 104.78K
Shares Outstanding 231.12K
Shares Floating 104.78K
Percent Insiders 0.16
Percent Institutions 0.19

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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