Acorn Energy (ACFN) AI Stock Analysis

• Market Cap: $41.60M
• Dividend Yield: N/A
• Average Volume (3M): 2.57K
• Price to Earnings (P/E): 6.3
• Beta (1Y): 0.68
• Revenue Growth: 41.58%
• EPS Growth: 2385.40%
• Country: US
• Employees: 25
• Sector: Technology
• Sector Strength: 82
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.19
• Shares Outstanding: 2,491,130
• 10 Day Avg. Volume: 1,001
• 30 Day Avg. Volume: 2,567
• PEG Ratio: >-0.01
• Price to Book (P/B): -13.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -53.23
• Enterprise Value/Market Cap: 0.31
• Enterprise Value/Revenue: 0.31
• Enterprise Value/Gross Profit: 1.46
• Enterprise Value/Ebitda: 1.92
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 81 Outperform
• Price Target: $20.50 ▲(15.56%Upside)

Acorn Energy's strong financial performance, attractive valuation, and positive earnings call sentiment drive its high stock score. The company's robust revenue and profitability growth, along with strategic initiatives like the uplisting to Nasdaq, enhance its future prospects. Technical indicators support a stable trend, though some caution is advised due to potential volatility in equity levels and operational challenges highlighted in the earnings call.

Acorn Energy Business Overview & Revenue Model

Company Description

Acorn Energy, Inc., through its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates through two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, compressors, pumps, pumpjacks, light towers, turbines, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies. The company was incorporated in 1986 and is based in Wilmington, Delaware.

How the Company Makes Money

Acorn Energy generates revenue primarily through its subsidiary OmniMetrix, which offers remote monitoring and control solutions for pipelines, standby generators, and other critical equipment. The company's revenue streams include the sale of monitoring hardware and subscription fees for ongoing monitoring services. These services help clients ensure operational efficiency and prevent costly downtime. Significant factors contributing to Acorn Energy's earnings include technological innovation, long-term customer relationships, and the increasing demand for remote monitoring solutions in various industrial sectors.

Acorn Energy Financial Statement Overview

Summary

Acorn Energy has demonstrated strong financial performance in 2024, with significant revenue growth and profitability improvements. The company has a robust gross profit margin and improved cash flow generation. Low leverage and a strong equity ratio further highlight its financial stability. However, rapid changes in equity positions suggest potential volatility, which warrants monitoring.

Income Statement

Acorn Energy has demonstrated strong revenue growth, with a 36.37% increase in 2024 compared to 2023. The company has achieved a significant turnaround in profitability, with a net profit margin of 57.29% in 2024, up from 1.48% in 2023. Gross profit margin is robust at 72.82% for 2024, indicating effective cost management. EBIT and EBITDA margins have also improved substantially, reflecting operational efficiency.

Balance Sheet

The balance sheet shows a healthy equity ratio of 52.30% in 2024, demonstrating strong capital structure. The debt-to-equity ratio is low at 0.02, indicating minimal leverage risk. Return on equity is positive at 113.58%, showcasing high profitability relative to equity. However, the rapid increase in equity from negative figures may indicate potential volatility in equity positions.

Cash Flow

Acorn Energy has achieved impressive growth in free cash flow, with a dramatic improvement from negative figures in prior years to $905,000 in 2024. The operating cash flow to net income ratio is 0.14, suggesting stable operating cash generation. The free cash flow to net income ratio is also positive, further indicating strong cash conversion from profits.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
11.95M	10.99M	8.06M	7.00M	6.78M	5.92M
	Gross Profit
8.73M	8.00M	6.00M	5.07M	4.90M	4.13M
	EBIT
2.46M	1.94M	74.00K	-578.00K	-8.00K	-310.00K
	EBITDA
2.54M	2.13M	302.00K	-456.00K	67.00K	251.00K
	Net Income Common Stockholders
6.69M	6.29M	119.00K	-633.00K	-26.00K	34.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.45M	2.33M	1.45M	1.45M	1.72M	2.06M
	Total Assets
5.98M	10.60M	5.45M	5.98M	6.04M	5.20M
	Total Debt
336.00K	98.00K	221.00K	336.00K	443.00K	691.00K
	Net Debt
-1.11M	-2.23M	-1.23M	-1.11M	-1.28M	-1.37M
	Total Liabilities
7.00M	5.02M	6.28M	7.00M	6.50M	5.72M
	Stockholders Equity
-1.02M	5.54M	-838.00K	-1.02M	-469.00K	-523.00K
Cash Flow		Free Cash Flow
1.21M	849.00K	-4.00K	-261.00K	-192.00K	363.00K
	Operating Cash Flow
1.22M	905.00K	72.00K	31.00K	132.00K	464.00K
	Investing Cash Flow
-60.00K	-56.00K	-78.00K	-308.00K	-324.00K	-101.00K
	Financing Cash Flow
15.00K	28.00K	5.00K	5.00K	-149.00K	453.00K

Acorn Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.74
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACFN, the sentiment is Negative. The current price of 17.74 is above the 20-day moving average (MA) of 17.74, above the 50-day MA of 16.27, and above the 200-day MA of 15.45, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 44.48 is Neutral, neither overbought nor oversold. The STOCH value of 32.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ACFN.

Acorn Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACFN	81 Outperform	$41.60M	6.27	251.05%	―	41.58%	2385.40%
MIND	67 Neutral	$53.79M	34.33	12.53%	―	22.59%	―
LGL	64 Neutral	$36.11M	89.93	1.04%	―	28.82%	60.24%
CPSH	63 Neutral	$40.09M	―	-18.07%	―	-13.83%	-476.23%
Sector *	62 Neutral	$11.90B	10.64	-7.50%	2.90%	7.41%	-8.19%
DAIO	55 Neutral	$25.50M	―	-14.35%	―	-18.88%	-534.79%
NSYS	47 Neutral	$24.66M	6.41	-9.81%	―	-12.87%	-148.14%

Acorn Energy Corporate Events

Acorn Energy Enters Change in Control Bonus Agreement

On March 25, 2025, Acorn Energy entered into a Change in Control Bonus Agreement with its CFO and COO of its OmniMetrix subsidiary, Tracy Clifford. The agreement stipulates that if a Change in Control occurs within a specified period, and Clifford remains in her role, she will receive a cash bonus based on her service duration since December 1, 2019. This move potentially impacts the company’s executive retention strategy and financial commitments during a change in control scenario.