Acorn Energy (ACFN) AI Stock Analysis

• Market Cap: $66.34M
• Dividend Yield: N/A
• Average Volume (3M): 32.08K
• Price to Earnings (P/E): 9.3
• Beta (1Y): 0.30
• Revenue Growth: 50.98%
• EPS Growth: 1506.44%
• Country: US
• Employees: 25
• Sector: Technology
• Sector Strength: 94
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.28
• Shares Outstanding: 2,501,440
• 10 Day Avg. Volume: 50,856
• 30 Day Avg. Volume: 32,083
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.62
• Enterprise Value/Revenue: 3.42
• Enterprise Value/Gross Profit: 4.67
• Enterprise Value/Ebitda: 16.05
• 1Y Price Target: $35.00
• Price Target Upside: 31.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: $35.00 ▲(31.98% Upside)

Acorn Energy's overall stock score is driven by its strong financial performance and positive earnings call, which highlight significant revenue growth and strategic initiatives. The technical analysis suggests strong momentum, although the stock is currently overbought. Valuation is reasonable, but the lack of a dividend yield may deter some investors.

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 through a diversified revenue model that includes equity stakes in its portfolio companies, which may operate in sectors such as renewable energy generation, energy storage, and energy management systems. The company benefits from capital appreciation as its investee companies grow and succeed. Additionally, Acorn Energy may earn management fees for overseeing its investments and providing strategic guidance. Significant partnerships with other firms in the energy sector can also contribute to its earnings by enabling collaborative projects and expanding market reach.

Acorn Energy Financial Statement Overview

Summary

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. The balance sheet shows a healthy equity ratio of 52.30%, 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. 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.

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

Acorn Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 26.52
• 50DMA: Positive
• 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 ACFN, the sentiment is Positive. The current price of 26.52 is above the 20-day moving average (MA) of 24.37, above the 50-day MA of 19.98, and above the 200-day MA of 17.65, indicating a bullish trend. The MACD of 2.86 indicates Negative momentum. The RSI at 57.42 is Neutral, neither overbought nor oversold. The STOCH value of 41.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$66.34M	9.33	222.70%	―	50.98%	1506.44%
CPSH	68 Neutral	$47.94M	―	-11.74%	―	7.47%	-133.39%
MIND	67 Neutral	$77.22M	49.29	12.53%	―	22.59%	―
LGL	64 Neutral	$37.61M	93.65	1.04%	―	38.89%	204.44%
Sector *	61 Neutral	$36.28B	7.09	-7.27%	1.97%	7.76%	-8.56%
DAIO	58 Neutral	$31.17M	―	-14.45%	―	-7.58%	-69.20%
NSYS	47 Neutral	$24.38M	6.41	-9.26%	―	-14.49%	-149.37%

Acorn Energy Corporate Events

Acorn Energy Announces Nasdaq Listing Approval

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.