AleAnna (ANNA) AI Stock Analysis

• Market Cap: $159.97M
• Dividend Yield: N/A
• Average Volume (3M): 3.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.25
• Revenue Growth: N/A
• EPS Growth: -985.28%
• Country: US
• Employees: 7
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.38
• Shares Outstanding: 40,659,880
• 10 Day Avg. Volume: 4,089
• 30 Day Avg. Volume: 3,304
• PEG Ratio: -0.10
• Price to Book (P/B): 8.69
• Price to Sales (P/S): 182.80
• P/FCF Ratio: -6.50
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 9.80
• Enterprise Value/Gross Profit: 13.09
• Enterprise Value/Ebitda: 72.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $2.50 ▼(-10.07% Downside)

The score is held back primarily by continued unprofitability and cash burn despite strong recent revenue growth and improved gross margin. Technicals also show a persistent downtrend with weak momentum signals. Valuation is difficult to interpret given the negative P/E and lack of dividend support.

Positive Factors

Strong recent revenue rebound

A multi-fold revenue rebound to ~$16.7M reflects durable demand recovery and meaningful scale expansion versus 2024. Sustained higher top-line provides a larger base to absorb fixed costs and supports path to profitability if management controls operating expenses.

Conservative leverage and positive equity

Very low leverage and a sizable positive equity cushion materially lower refinancing and solvency risk. This balance sheet flexibility gives the company time to fix operating performance, pursue growth investments, or withstand commodity volatility without immediate external financing.

Long-term incentive plan aligns management

The 2025 LTIP and RSU grants align executives’ compensation with long-term performance and shareholder value. Structurally, this can improve capital allocation discipline and focus management on execution milestones that matter over multiple quarters, reducing agency risk.

Negative Factors

Negative operating and free cash flow

Persistent cash burn and materially negative free cash flow indicate the business consumes cash despite revenue gains. Over months this drives funding needs, increases dilution or debt risk, and constrains reinvestment, making operational turnaround dependent on external financing or rapid margin improvement.

Deep net losses and negative operating profit

Severely negative margins show the cost base and non-operating items overwhelm gross profit. Structural unprofitability undermines free cash flow generation and return metrics, meaning revenue growth alone will not ensure value creation without sustained expense reduction or higher margins.

Poor capital efficiency and negative returns

Negative return on equity across periods signals the company is not converting invested capital into profits. This structural inefficiency limits the firm's ability to self-fund growth, dampens long-term shareholder returns, and raises the bar for management to deliver meaningful, sustained improvement.

AleAnna Business Overview & Revenue Model

Company Description

AleAnna, Inc., a natural gas resource company, focuses on delivering critical natural gas supplies in Italy. It operates through onshore conventional natural gas exploration and renewable natural gas development. The company was founded in 2007 and is headquartered in Dallas, Texas.

How the Company Makes Money

AleAnna Financial Statement Overview

Summary

AleAnna faces significant financial challenges. The income statement shows a lack of profitability with negative EBIT and net income. The balance sheet reveals potential financial distress with zero stockholders' equity. Cash flow is constrained and heavily reliant on external financing, raising concerns about long-term sustainability.

Income Statement

AleAnna's income statement reveals significant challenges in profitability, highlighted by negative EBIT and net income figures in recent periods. The gross profit margin is 17.13% for 2024, but the net profit margin is deeply negative, indicating operational inefficiencies and high costs relative to revenue. There is a lack of revenue growth, with no revenue reported in prior years, showing a poor growth trajectory.

Balance Sheet

The balance sheet shows a concerning financial structure with zero stockholders' equity in 2024, indicating potential financial distress. The debt-to-equity ratio is not calculable due to zero equity, but the presence of liabilities suggests leverage risks. The company also has a high percentage of liabilities relative to assets, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows a negative free cash flow growth rate and negative operating cash flow in 2024, signaling ongoing cash challenges. The company is heavily reliant on financing activities for cash inflow, which is not sustainable long-term. The free cash flow to net income ratio is not meaningful due to losses, underscoring cash flow difficulties.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	16.67M	1.42M	0.00	0.00	0.00
Gross Profit	12.49M	243.34K	0.00	-2.13K	0.00
EBITDA	2.24M	-5.94M	-5.06M	-2.13M	206.30K
Net Income	-5.36M	-12.34M	-5.16M	-3.28M	―
Balance Sheet
Total Assets	100.06M	83.09M	33.69M	15.77M	160.69K
Cash, Cash Equivalents and Short-Term Investments	31.20M	28.33M	6.76M	293.68K	0.00
Total Debt	1.83M	165.61M	0.00	0.00	0.00
Total Liabilities	41.73M	33.32M	32.48M	30.62M	141.19K
Stockholders Equity	35.16M	29.88M	1.22M	-14.85M	19.50K
Cash Flow
Free Cash Flow	-12.68M	-39.96M	-14.67M	-13.24M	0.00
Operating Cash Flow	-3.57M	-16.90M	-5.75M	-4.17M	0.00
Investing Cash Flow	-8.77M	-23.07M	-8.92M	-9.07M	0.00
Financing Cash Flow	1.15M	62.11M	21.00M	10.65M	0.00

AleAnna Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.78
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ANNA, the sentiment is Negative. The current price of 2.78 is above the 20-day moving average (MA) of 2.74, below the 50-day MA of 3.03, and below the 200-day MA of 5.82, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 31.66 is Neutral, neither overbought nor oversold. The STOCH value of 4.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ANNA.

AleAnna Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GFR	71 Outperform	$594.41M	3.97	16.30%	―	-21.67%	251.59%
GPRK	68 Neutral	$366.86M	10.82	16.85%	6.49%	-26.63%	-66.89%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SJT	61 Neutral	$273.59M	-974.58	-10.79%	―	-99.78%	-103.13%
WTI	47 Neutral	$243.99M	-1.71	―	2.41%	-6.92%	-126.24%
ANNA	43 Neutral	$159.97M	-9.25	-45.51%	―	―	-985.28%

AleAnna Corporate Events

AleAnna Grants Restricted Stock Units to Executives

On June 12, 2025, AleAnna, Inc. stockholders approved the 2025 Long-Term Incentive Plan, allowing the issuance of Class A common stock for future equity-based awards. Effective October 29, 2025, the Board’s Compensation Committee granted various restricted stock unit awards to directors and executives, with vesting schedules tied to employment and performance milestones. This plan aims to align the interests of the company’s leadership with its long-term goals, potentially impacting its operational strategies and stakeholder value.