RE: Panmure Liberum BUY31 Dec 2025 10:29
This sell off in Ceres Power arguably offers an exceptional entry point for investors willing to look past short term volatility and recognise a company on the verge of a major commercial breakout. The market appears to be completely ignoring the imminent financial transformation as key partners like Weichai and Doosan Fuel Cell aggressively ramp up mass production, a move that guarantees a shift toward high-margin, recurring royalty streams. This disconnect has not gone unnoticed by City analysts, with Panmure Liberum recently setting a 420p price target, Jefferies seeing value up to 460p, and Berenberg forecasting a climb to 530p, all implying the share price could more than double from current levels. This is no longer a speculative science experiment but a proven technology standard being adopted by global heavyweights, meaning the current valuation likely represents a massive discount to the stock's intrinsic value and offers significant asymmetric upside for those buying at these capitulation levels.