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AQMS Stock Chart & Stats
$2.71
$0.04(1.48%)
At close: 4:00 PM EDT
$2.71
$0.04(1.48%)
Day’s Range― - ―
52-Week Range$2.46 - $39.40
Previous Close$2.75
Volume10.99K
Average Volume (3M)4.34M
Market Cap
$9.02M
Enterprise Value$5.55
Total Cash (Recent Filing)$4.74M
Total Debt (Recent Filing)$441.00K
Price to Earnings (P/E)―
Beta1.76
Next Earnings
Oct 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.69
Shares Outstanding3,563,531
10 Day Avg. Volume7,943,334
30 Day Avg. Volume4,340,116
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.49
Price to Sales (P/S)0.00
P/FCF Ratio-0.67
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.00Price Target Upside84.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-24
Revenue Forecast (FY)$7.80M
Bulls Say, Bears Say
Bulls Say
Validated AquaRefining TechIndependent production of battery-grade lithium carbonate from multiple recycled feedstocks and over 5,000 cumulative operating hours materially de-risks scale-up. This technical validation strengthens the company’s proprietary AquaRefining IP and supports long-term access to battery-recycling offtake markets as electrification demand grows.
Low Financial LeverageVery low debt reduces refinancing and interest-rate risk, giving management more flexibility to pursue commercialization. With limited leverage, the company can prioritize operational milestones and project financing structuring without immediate pressure from high interest or covenant stress, aiding durability through development.
Operating Expense DisciplineA sustained ~53% reduction in operating expenses demonstrates management’s ability to right-size costs and extend runway. Lower structural burn improves the company’s chance to reach commercialization milestones with less external capital, making progress more resilient to financing cycles over the next several months.
Bears Say
Persistent Cash BurnConsistent negative operating and free cash flow at scale indicates ongoing dependency on external financing to fund development and commercialization. This structurally elevates dilution and execution risk, and constrains the firm’s ability to fund a capital-intensive first commercial facility without new capital or strategic partners.
Minimal Commercial RevenueThe business lacks recurring commercial revenue and remains loss-making, meaning the cost base is unsupported by sales. Until binding offtake and commercial-scale operations are established, revenue visibility and margin sustainability are low, limiting predictable cash generation over the medium term.
Non-binding Commercial AgreementsKey partner relationships are largely non-binding and contingent on site selection, project financing and customer qualification. This execution dependency creates structural uncertainty in scaling, as delays or failures to convert MOUs to contracts would prolong cash burn and necessitate additional fundraising or reprioritization.
Aqua Metals News
AQMS FAQ
What was Aqua Metals’s price range in the past 12 months?
Aqua Metals lowest stock price was $2.46 and its highest was $39.40 in the past 12 months.
What is Aqua Metals’s market cap?
Aqua Metals’s market cap is $9.02M.
When is Aqua Metals’s upcoming earnings report date?
Aqua Metals’s upcoming earnings report date is Oct 29, 2026 which is in 82 days.
How were Aqua Metals’s earnings last quarter?
Aqua Metals released its earnings results on Jul 30, 2026. The company reported -$1.314 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Aqua Metals overvalued?
According to Wall Street analysts Aqua Metals’s price is currently Undervalued.
Does Aqua Metals pay dividends?
Aqua Metals does not currently pay dividends.
What is Aqua Metals’s EPS estimate?
Aqua Metals’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Aqua Metals have?
Aqua Metals has 3,563,531 shares outstanding.
What happened to Aqua Metals’s price movement after its last earnings report?
Aqua Metals reported an EPS of -$1.314 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -11.538%.
Which hedge fund is a major shareholder of Aqua Metals?
Currently, no hedge funds are holding shares in AQMS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Aqua Metals
Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.
AQMS Company Deck
AQMS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful technical progress and financial discipline: Aqua Metals demonstrated validated battery-grade lithium carbonate production from multiple feedstocks, achieved >5,000 operating hours, and materially reduced operating expenses and net loss year-over-year. However, the company faces near-term liquidity constraints (cash of ~$6.8M and ~$3.8M quarterly cash burn), unresolved exposure to the Lion Energy financing (~$4.1M) with a $437k provision, and no binding commercial contracts yet—progress toward commercialization is contingent on site selection and financing. Overall, the positives around validated technology, reduced losses and financing flexibility (ATM capacity) outweigh the near-term operational and liquidity risks, but execution on site selection and commercial conversions remains critical.View all AQMS earnings summariesAQMS Stock 12 Month Forecast
Average Price Target
$5.00
▲(84.50% Upside)
Technical Analysis
Ownership Overview
9.51% Insiders
2.12% Mutual Funds
1.75% Other Institutional Investors
85.79% Public Companies and
Individual Investors