8 Best Vertical Farming and Hydroponic Stocks to Invest In

5) iPower Inc. (NASDAQ:IPW)

Number of Hedge Fund Holders: 3

iPower Inc. (NASDAQ:IPW) has a core business focus on providing equipment, supplies, and solutions tailored to controlled-environment agriculture (CEA), which includes vertical farming and hydroponics. The company is an online supplier of consumer goods, such as hydroponics equipment, general gardening supplies, and consumer home goods.  The company generates revenues mainly by selling its products and services in the controlled-environment agriculture (CEA) industry, with a significant focus on hydroponics and indoor growing.

As per Wall Street analysts, urbanization and the shift towards vertical farming are boosting demand for hydroponic systems and supplies, where iPower Inc. (NASDAQ:IPW) is well-positioned to meet customer needs. Total revenue in Q1 2025 came in at $19.0 million as compared to $26.5 million for the same period in fiscal 2024. The decrease was mainly because of increased promotional activity related to selling down inventory in the year-ago period.

However, analysts opine that iPower Inc. (NASDAQ:IPW)’s diversified product portfolio and e-commerce advantage should help drive revenue growth in the upcoming quarters. iPower Inc. (NASDAQ:IPW) has partnered with Amazon Logistics Services to enhance the delivery capabilities of its SuperSuite platform. This integration focuses on offering better last-mile delivery options to SuperSuite clients by using Amazon’s extensive delivery network.