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iPower Inc (IPW)
NASDAQConsumer DiscretionaryInternet RetailSnapshot 2026-06-15
Watch· this week
$2.77-8.88%
Close 2026-06-15 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality cannot be assessed as the company was unprofitable over the past year, and risk is elevated. The sector backdrop is a headwind, and compared with sector peers, IPW is below typical. The valuation label has changed from 'inexpensive' to 'None', indicating a lack of clarity in valuation. This read is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NASDAQ
- Sector
- Consumer Discretionary
- Industry
- Internet Retail
- Market cap
- $2.01M
- Employees
- —
- IPO date
- 2021-02-01
- Next earnings
- —
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 0 valuation methods, at three horizons. Current price $2.77. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primary—
—consensus
Range — – —
vs price: —
Method agreement —
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$20.56consensus
Range $20.56 – $20.56
vs price: -87% below
Method agreement — · 1 method
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $3.04 IPW trades at 0× p/s, below its 1× p/s peer median. Our $29 fair value sits above the price; low confidence. Not investment advice.
Multiple (P/S)
0.1x
peer 0.9x · own history —
Premium
0.1x peer
Growth the price needs
-90%
our forecast -44%
Our fair value
$29.24
range $29.24 – $29.24
WhyEarnings too small for P/EPeer anchor overstates the discount
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
no read12-month view
What's priced inJustified
The price implies about 90% below a flat-multiple fair value, below our forecast of about -44%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Low fragilityrisk posture, not a price call
No fragility gates fired.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2844).
19th pctl · Consumer Discretionary
Earnings quality
loss makingOver the trailing year it converted -0.04x of net income into operating cash flow.
Macro sensitivity
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates.
Management & capital allocation
volatile23 material management or governance events in the past 24 months, led by M&A activity. Historically, Consumer Discretionary names rated volatile grew net income 58% of the time over the next year (vs 54% for the rest of the cohort, n=486).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Sector context
Intermediate · WeeklySector phase: consumer discretionary is in declining, with may be transitioning (~0.2 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Mature by revenue growth · theme value-trade-down.headwind-6.4%sector vs S&P 500, 60d
via XLY
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
AI cycle regime · market-wide
2-axis classifierLong-term · 1–3 yr
Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: weak
- Capital allocation
- weak
- Earnings discipline
- weak
- Margin discipline
- weak
- Balance sheet
- strong
- Post-call reaction
- weak
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$451.
How much price usually moves either way.
On a bad day, this stock has moved -$1,341.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $9,881.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- label change · valuation_labelsmall change
Valuation label changed from 'inexpensive' to 'None'.
The valuation dimension changed. It fell from "inexpensive" to "None." Risk remained elevated. The sector backdrop was a headwind.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayMedium confidenceWeeksactive 4d
Watch for the impact of the June 17 retail sales report
Why it matters: This report could affect consumer spending trends, which are vital for iPower's revenue. It may signal broader economic conditions.
What confirms / what disproves
Confirms one read:Retail sales report shows an increase in consumer spending.
Confirms the other:Retail sales report shows a decrease in consumer spending.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for IPW yet.
This sector is also watching
- Watch for June retail sales growth to turn positive
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like AMZN, BABA, and PDD keep beating earnings and guiding higher, the Consumer Discretionary sector momentum should keep lifting IPW and other Consumer Discretionary names. Worth watching these names for early signals.
- If IPW raises forward guidance on the next earnings call (currently NEW as of 2026-04-17), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If IPW cuts guidance on the next call (currently NEW as of 2026-04-17), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like AMZN, BABA, and PDD start missing or guiding lower, the Consumer Discretionary tailwind helping IPW and other Consumer Discretionary names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits IPW and other Consumer Discretionary names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-06-0413d agoItem 8.01
Other Events. On June 4, 2026, iPower Inc. (“iPower” or the “Company”) issued a press release announcing its completion of an initial purchase of approximately $1 million worth of USDai, the synthetic dollar of the USD.AI protocol. The Company intends to stake the acquired USDai into sUSDai, USD.AI’s yield-bearing token, as part of the Company’s AI infrastructure investment strategy. A copy of the press release is furnished herewith as Exhibit 99.1. The information in this Current Report on F…
M&A activitypositive
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
-6.8 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.