IperionX (NASDAQ:IPX) Earns Buy Rating from Analysts at Roth Capital

Roth Capital assumed coverage on shares of IperionX (NASDAQ:IPX) in a research report sent to investors on Wednesday morning, Marketbeat.com reports. The firm issued a buy rating and a $64.00 price target on the stock. Roth Capital also issued estimates for IperionX’s FY2025 earnings at ($0.09) EPS, FY2026 earnings at ($0.05) EPS, FY2027 earnings at $0.02 EPS, FY2028 earnings at $0.07 EPS and FY2029 earnings at $0.54 EPS.

Other research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of IperionX from a “sell” rating to a “hold” rating in a research report on Friday, June 6th. B. Riley cut their target price on shares of IperionX from $30.00 to $28.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $46.00.

IperionX Price Performance

IPX stock opened at $41.84 on Wednesday. The stock’s 50 day simple moving average is $34.69 and its 200 day simple moving average is $26.32. IperionX has a 12-month low of $12.27 and a 12-month high of $42.40.

Hedge Funds Weigh In On IperionX

Several large investors have recently bought and sold shares of IPX. Thomist Capital Management LP acquired a new stake in shares of IperionX in the 2nd quarter worth approximately $59,384,000. Stifel Financial Corp lifted its position in IperionX by 27.9% in the fourth quarter. Stifel Financial Corp now owns 900,237 shares of the company’s stock worth $30,968,000 after purchasing an additional 196,558 shares during the period. OLD Mission Capital LLC bought a new position in IperionX during the 1st quarter valued at $477,000. Jane Street Group LLC increased its position in shares of IperionX by 73.8% during the 2nd quarter. Jane Street Group LLC now owns 55,558 shares of the company’s stock valued at $1,750,000 after purchasing an additional 23,591 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of IperionX during the 4th quarter valued at $602,000. Institutional investors and hedge funds own 2.76% of the company’s stock.

IperionX Company Profile

IperionX’s mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX’s breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.