12 Best E-Commerce Stocks to Buy According to Analysts

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3. iPower, Inc. (NASDAQ:IPW)

Analyst Upside: 283.60%

Number of Hedge Fund Holders: 3

iPower, Inc. (NASDAQ:IPW) is a data-driven company in the online retail and e-commerce industry. It sells a range of garden, consumer home, in-home farming, wellbeing, and pet products through a portfolio of brands, including Simple Deluxe, iPOWER, FluffyDream, HealSmart, Flourish, iFarm, and more. Its product offerings include nutrient and fertilizer delivery systems, advanced heating, ventilation, air conditioning (HVAC) systems, heaters, water pumps, commercial fans, chairs, and more.

The company experienced a decrease in revenue in fiscal Q1 2025, primarily due to increased promotional activity in the year-ago period regarding selling down inventory. However, the company maintained solid momentum despite this environment due to its supply chain business and optimization initiatives. iPower, Inc. (NASDAQ:IPW) advanced its strategic plan by investing in key business areas and expanding its sales channels by launching on AliExpress. It is also strengthening its presence on newer channels like Temu and TikTok Shop.

iPower, Inc. (NASDAQ:IPW) also announced the launch of its SaaS platform at the end of fiscal Q3 2024, which is anticipated to boost supplier interactions, streamline its operations, and effectively align partners with market demands. Analysts believe the company’s diversified product portfolio and e-commerce advantage may help the company drive revenue growth in the upcoming quarters. It ranks third on our list of the 12 best e-commerce stocks to buy according to analysts.

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