Imperial Petroleum Inc (IMPP) is up More Than 38.66% Since FQ2 2025 Results, Here's Why

Imperial Petroleum Inc. (NASDAQ:IMPP) is one of the Cheap Energy Stocks to Buy Under $5. On September 5, Imperial Petroleum Inc. (NASDAQ:IMPP) released its fiscal second-quarter results for 2025. The stock is up more than 38.66% since the release.

The company topped Wall Street estimates, with EPS of $0.35 ahead of the consensus by $0.31. Moreover, the revenue of $36.35 decreased 22.73% year-over-year, but was still ahead of the consensus by $6.65 million.

After the release on September 10, Maxim analyst Tate Sullivan raised the firm’s price target on Imperial Petroleum Inc. (NASDAQ:IMPP) from $5.5 to $6, while maintaining a Buy rating on the stock. The analyst noted that the fiscal second quarter results were much better than the expectations, mainly driven by the higher shipping rates for both existing tankers. In addition, the company also acquired seven dry bulk ships during the quarter. He noted that the demand for dry bulk and energy imports remains solid from China.

Imperial Petroleum Inc. (NASDAQ:IMPP) is a Greece-based company that specializes in international shipping and transportation of liquefied petroleum and petrochemical products.

While we acknowledge the potential of IMPP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.