profit from every $100 of sales.

Ivanhoe Electric
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Ivanhoe Electric sold, what it kept, and what it did with the cash.
Sales went from $8.44 million in 2022 to $3.24 million in 2025, with -$106 million of profit last year.
Ivanhoe Electric vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Ivanhoe Electric | No profit yet | ||
SAP | 34.1× · Expensive | ||
Quhuo | No profit yet | ||
Shopify | 158.9× · Very expensive | ||
Salesforce | 23.7× · Fair price |
AI analysis
An AI analyst reads Ivanhoe Electric's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 8 | 4 | 3 | 3 | |
| 5 | 1 | 2 | 2 | |
| -132 | -180 | -177 | -111 | |
| -154 | -211 | -135 | -118 | |
| -150 | -199 | -129 | -106 | |
| -1.91 | -1.95 | -1.07 | -0.79 | |
| 62.9% | 23.5% | 64.9% | 65.3% | |
| -1,565.9% | -4,622.1% | -6,099.7% | -3,422.2% | |
| -1,775.0% | -5,108.3% | -4,433.7% | -3,263.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 260 | 487 | 375 | 483 |
| Cash | 140 | 205 | 41 | 173 |
| Total debt | 27 | 79 | 70 | 36 |
| Total liabilities | 58 | 111 | 95 | 60 |
| 206 | 374 | 269 | 416 | |
| 79 | 102 | 120 | 134 | |
| -53.7% | -37.2% | -32.1% | -21.1% | |
| -72.6% | -53.3% | -47.9% | -25.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -116 | -151 | -162 | -89 | |
| 44 | 82 | 14 | 5 | |
| -160 | -233 | -176 | -94 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 5 | 21 | 15 | 12 |
Valuation
- –
- –
- –
- 4.1×
- 406.4×
- –
- –
- -7.2%
- -8.0%
- 0.0%
Profitability
- 65.3%
- -3,422.2%
- -3,263.7%
- -5,326.3%
- -30.8%
- -45.6%
- -30.6%
- -19.7%
- -20.0%
- 18.6%
Growth
- −27.3%
- –
- +43.5%
- –
- +9.6%
Financial health
- -1.2×
- 0.07
- 6.0%
- -16.4×
- 8.36
- 8.36
- 0.01
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $16.17
- Range
- $15.00 – $17.50
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.26 | -0.15 | −73.3% |
| Feb 23, 2026 | -0.24 | -0.21 | −14.3% |
| Nov 5, 2025 | -0.13 | -0.21 | +38.1% |
| Aug 5, 2025 | -0.16 | -0.16 | +0.0% |
| May 6, 2025 | -0.24 | -0.21 | −14.3% |
| Feb 27, 2025 | -0.19 | -0.24 | +20.8% |
| Nov 8, 2024 | -0.36 | -0.34 | −5.9% |
| Aug 7, 2024 | -0.39 | -0.34 | −14.7% |
News
Ivanhoe Electric in advanced talks to sell copper from Arizona project, CEO saysSeeking Alpha · Oct 19, 2026Ivanhoe Mines boosts size of Western Forelands copper discovery estimate by 30%Seeking Alpha · Sep 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Ivanhoe Electric
Is Ivanhoe Electric a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ivanhoe Electric AI analysis
What does Ivanhoe Electric do?
Ivanhoe Electric Inc. operates as a mineral exploration and development company in the United States. It operates through Critical Metals, Technology, and Energy Storage. It is in Software - Application.
Does Ivanhoe Electric pay a dividend?
No. Ivanhoe Electric does not pay a dividend at the moment.
Is Ivanhoe Electric stock halal?
Yes. Ivanhoe Electric passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has Ivanhoe Electric stock done over the past year?
Down 38.5% over the past twelve months, to $8.26. It traded between $7.03 and $19.92 and is 58.5% below its high.
Who are Ivanhoe Electric's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Ivanhoe Electric's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



