American Battery Technology (ABAT) AI Stock Analysis

• Market Cap: $515.98M
• Dividend Yield: N/A
• Average Volume (3M): 6.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.54
• Revenue Growth: 821.40%
• EPS Growth: 44.70%
• Country: US
• Employees: 96
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 129,969,960
• 10 Day Avg. Volume: 5,325,011
• 30 Day Avg. Volume: 6,276,611
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $7.00
• Price Target Upside: 76.32% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.08
• Revenue Forecast (FY): $10.32M

• Rating: 53 Neutral
• Price Target: $4.00 ▲(0.76% Upside)

The overall score reflects a balance between strong growth potential from recent corporate developments and significant financial challenges. The positive corporate events significantly boost the score, while technical and valuation concerns moderate it.

Positive Factors

Revenue Growth

The substantial year-over-year revenue growth indicates strong market demand and successful execution of business strategies, enhancing long-term financial stability.

Strategic Partnerships

The partnership with Veolia strengthens ABAT's market position in battery recycling, potentially increasing its market share and operational efficiency over time.

Regulatory Approval

Securing EPA approval for major projects enhances ABAT's credibility and positions it as a leader in sustainable battery recycling, supporting long-term growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues indicate that ABAT is still struggling to achieve sustainable margins, which could hinder its ability to reinvest and grow.

Cash Flow Concerns

Negative cash flows highlight liquidity challenges, potentially limiting ABAT's ability to fund operations and strategic initiatives without external financing.

High Operating Losses

Significant operating losses indicate a focus on growth over profitability, which may strain resources and delay the path to financial stability.

American Battery Technology Business Overview & Revenue Model

Company Description

American Battery Technology Company (ABAT) is a leading player in the battery technology sector, focusing on the development and commercialization of advanced lithium-ion battery recycling and resource recovery solutions. The company operates primarily in the clean energy and electric vehicle markets, offering innovative services that aim to improve the sustainability and efficiency of battery usage. ABAT's core products include lithium-ion battery recycling processes, which not only help to reduce waste but also recover valuable materials that can be reused in new batteries.

How the Company Makes Money

ABAT generates revenue through multiple streams, primarily focusing on the recycling of lithium-ion batteries and the recovery of critical minerals such as lithium, cobalt, and nickel. The company partners with electric vehicle manufacturers, battery producers, and other stakeholders in the clean energy sector to provide recycling solutions that meet regulatory and environmental standards. Additionally, ABAT may explore government grants and incentives aimed at promoting clean energy technologies, as well as engaging in joint ventures or collaborations to expand its market reach. The growing demand for sustainable battery solutions and the increasing focus on circular economy practices contribute significantly to the company's potential earnings.

American Battery Technology Financial Statement Overview

Summary

American Battery Technology is experiencing strong revenue growth, typical for a high-growth phase. However, significant profitability and cash flow challenges persist, with negative margins and cash flows. The balance sheet is stable with manageable debt levels, but ongoing losses impact overall financial health.

Income Statement

American Battery Technology has shown significant revenue growth of 130.92% in the latest year, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by negative gross profit, EBIT, and net profit margins. The high operating losses suggest that the company is still in a growth phase, focusing on scaling operations rather than profitability.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating manageable leverage levels. However, the return on equity is negative, reflecting ongoing net losses. The equity ratio is relatively healthy, suggesting that the company is primarily financed through equity, which is typical for a company in its growth stage.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows, which is concerning for long-term sustainability. However, there is a slight improvement in free cash flow growth, suggesting some progress in cash management. The ratios of operating and free cash flow to net income are negative, highlighting the company's current cash flow challenges.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2020
Income Statement
Total Revenue	5.03M	4.29M	343.50K	0.00	0.00	0.00
Gross Profit	-11.75M	-10.57M	-2.96M	-77.85K	-197.73K	-14.67K
EBITDA	-38.05M	-36.98M	-50.56M	-33.43M	-20.88M	-38.87M
Net Income	-45.37M	-46.76M	-52.50M	-33.54M	-21.34M	-41.76M
Balance Sheet
Total Assets	101.47M	84.46M	77.68M	52.86M	74.66M	21.26M
Cash, Cash Equivalents and Short-Term Investments	30.12M	7.47M	7.00M	29.01M	2.33M	12.84M
Total Debt	278.73K	8.04M	6.50M	275.56K	6.18M	0.00
Total Liabilities	5.47M	13.86M	16.21M	3.23M	13.44M	1.82M
Stockholders Equity	96.00M	70.60M	61.47M	49.63M	61.21M	19.44M
Cash Flow
Free Cash Flow	-32.90M	-31.47M	-29.43M	-25.26M	-28.20M	-14.84M
Operating Cash Flow	-30.51M	-28.92M	-16.74M	-10.18M	-13.37M	-7.76M
Investing Cash Flow	-2.39M	-2.55M	-12.97M	-15.08M	-36.72M	-7.08M
Financing Cash Flow	58.05M	36.94M	34.39M	41.41M	23.42M	26.85M

American Battery Technology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.97
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ABAT, the sentiment is Positive. The current price of 3.97 is above the 20-day moving average (MA) of 3.85, below the 50-day MA of 4.70, and above the 200-day MA of 2.69, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 49.06 is Neutral, neither overbought nor oversold. The STOCH value of 21.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ABAT.

American Battery Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ABAT	53 Neutral	$515.98M	-7.80	-58.41%	―	821.40%	44.70%
IONR	40 Underperform	$319.14M	-27.52	-4.25%	―	―	-10.45%
LZM	38 Underperform	$331.79M	-0.84	―	―	―	―
WWR	36 Underperform	$102.93M	―	-14.20%	―	―	-80.01%

American Battery Technology Corporate Events

American Battery Technology Holds Annual Shareholder Meeting

On November 13, 2025, American Battery Technology Company held its annual meeting of shareholders, with a quorum present. During the meeting, five directors were elected, and KPMG LLP was ratified as the independent registered public accounting firm for the fiscal year ending June 30, 2026.

American Battery Technology Signs Recycling Agreement with Veolia

On November 5, 2025, American Battery Technology Company entered into a Recycling/Reclamation Services Agreement with Veolia ES Technical Solutions to provide recycling services for lithium-ion battery products from the Moss Landing Battery Energy Storage System in Monterey County, California. This agreement, overseen by the U.S. Environmental Protection Agency, positions the company to enhance its operations in the battery recycling sector, potentially impacting its market standing and stakeholder interests.

American Battery Completes Feasibility Study for Lithium Project

On October 16, 2025, American Battery Technology Company announced the completion of the S-K 1300 Technical Report and Preliminary Feasibility Study for its Tonopah Flats Lithium Project, highlighting its significant economic potential and strategic importance to the U.S. lithium supply chain. The study revealed a 21.8% internal rate of return and a net present value of $2.57 billion, with a 45-year life-of-mine plan. The project has been selected for streamlined permitting by the Trump Administration, and initial approval for $900 million in low-cost financing has been granted, underscoring its potential impact on the domestic critical mineral manufacturing supply chain.

American Battery Technology Updates Bylaws for Compliance

On October 14, 2025, American Battery Technology‘s Board of Directors approved amendments to the company’s bylaws, which include clarifications on proxy voting procedures, director compensation, and the voting standard for director removal to align with Nevada law. These changes are aimed at streamlining governance processes and ensuring compliance with state regulations, potentially impacting the company’s operational transparency and stakeholder relations.

American Battery Technology Advances Tonopah Flats Lithium Project

On October 13, 2025, American Battery Technology Company announced the completion of its baseline studies and submission of reports to the U.S. Bureau of Land Management for the Tonopah Flats Lithium Project, marking a significant milestone in the federal permitting process. This achievement is part of ABTC’s efforts to advance one of the largest lithium projects in the U.S., supported by a comprehensive Mine Plan of Operations and recognized as a ‘Covered Priority Project’ under federal initiatives to increase domestic mineral production, thereby strengthening supply chain stability and fostering local economic development.

American Battery Technology Files $50M Prospectus Supplement

On April 3, 2024, American Battery Technology Company entered into an ATM Sales Agreement with Virtu Americas LLC to offer and sell shares of its common stock. On September 19, 2025, the company filed a prospectus supplement related to the sale of shares worth up to $50,000,000, impacting its market operations by potentially increasing its capital for further development.