Acorn Energy Announces Nasdaq Listing Approval

Acorn Energy ( (ACFN) ) has shared an announcement.

On July 23, 2025, Acorn Energy announced that its common stock has been approved for listing on the Nasdaq Capital Market, with trading expected to commence on July 24, 2025. This uplisting is a significant milestone for Acorn, highlighting its transformation into a focused, high-margin growth business. The company anticipates that the Nasdaq listing will enhance its visibility and liquidity, supporting its goal of achieving a 20% annual revenue growth over the next three to five years. As of March 31, 2025, Acorn reported $3.1 million in Q1 revenue and a net income of $464,000, with no debt and $2.6 million in cash.

Spark’s Take on ACFN Stock

According to Spark, TipRanks’ AI Analyst, ACFN is a Outperform.

Acorn Energy’s strong financial performance and promising earnings call are the primary drivers of a solid stock score. The technical analysis presents a neutral trend, and the valuation indicates potential undervaluation. While the company’s future growth prospects are promising, challenges such as higher operating expenses and seasonal revenue variations temper the overall outlook.

To see Spark’s full report on ACFN stock, click here.

More about Acorn Energy

Acorn Energy, Inc. is a provider of remote monitoring and control solutions for backup power generators, gas pipelines, and air compressors. It owns a 99% equity stake in OmniMetrix, a leader in IoT wireless remote monitoring and control solutions for industrial equipment. OmniMetrix serves a wide range of customers, including Fortune/Global 500 companies, across various sectors such as telecommunications, manufacturing, healthcare, and energy distribution.

Average Trading Volume: 2,694

Technical Sentiment Signal: Buy

Current Market Cap: $39.73M

For a thorough assessment of ACFN stock, go to TipRanks’ Stock Analysis page.