Clean Energy Technologies (CETY) AI Stock Analysis

• Market Cap: $4.75M
• Dividend Yield: N/A
• Average Volume (3M): 12.39M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: -57.40%
• EPS Growth: 52.85%
• Country: US
• Employees: 33
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 5,183,021
• 10 Day Avg. Volume: 162,196
• 30 Day Avg. Volume: 12,394,177
• PEG Ratio: 0.18
• Price to Book (P/B): 9.31
• Price to Sales (P/S): 11.28
• P/FCF Ratio: -7.68
• Enterprise Value/Market Cap: 4.58
• Enterprise Value/Revenue: 9.53
• Enterprise Value/Gross Profit: 16.29
• Enterprise Value/Ebitda: -12.99
• 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: $0.98 ▲(35.42% Upside)

The score is primarily weighed down by weak financial performance: significant losses, negative returns on equity, and negative operating/free cash flow despite strong gross margin and revenue growth. Technicals add modest support short-term but remain pressured by a longer-term downtrend and negative MACD. Valuation signals are constrained by a negative P/E due to losses, while the recent financing provides some near-term capital support but comes with dilution risk.

Positive Factors

Strong gross margins and revenue growth

Sustained revenue growth combined with a 58% gross margin indicates efficient production and pricing power in core technologies. This margin profile supports reinvestment in R&D and commercialization, providing structural capacity to scale products and absorb input cost pressures over months.

Diversified, contract-oriented revenue mix

Multiple revenue streams—equipment sales, installation, recurring maintenance, and partnership-funded projects—create durable cash opportunities and sticky customer relationships. Long-term service contracts and incentive-driven projects reduce revenue volatility and support predictable near-term cash inflows.

Recent private financing strengthens liquidity

The non‑public equity raise materially extends near-term runway and funds operations and strategic initiatives. While dilutive, this capital infusion alleviates immediate liquidity constraints and supports execution on projects and commercialization plans over the coming months.

Negative Factors

Severe unprofitability and negative returns

Deep and persistent losses plus a highly negative ROE indicate the company is destroying shareholder capital and lacks operational profitability. Without a credible path to positive margins, the business will remain dependent on external funding and cannot sustainably generate equity returns.

Negative operating and free cash flow

Operating cash burn undermines the firm’s ability to self-finance growth and maintain capex or maintenance needs. Even with improving free cash flow metrics, continued negative OCF forces repeated financing, limiting strategic flexibility and increasing default or dilution risk over months.

Reliance on dilutive equity financings

Frequent equity issuance and note conversions indicate dependence on dilutive capital to fund operations. This erodes existing shareholder value, can deter long‑term investors, and signals constrained internal cash generation—risks that persist until profitability or sustained positive cash flow is achieved.

Clean Energy Technologies Business Overview & Revenue Model

Company Description

Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable. The company operates through three segments: Clean Energy Solutions, CETY Europe, and Electronic Manufacturing Business. Its principal product is the Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy and power generation facilities. The company also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, it offers a range of electrical, mechanical, software engineering, consulting, and project management solutions, as well as supply chain management services. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. The company was incorporated in 1995 and is headquartered in Costa Mesa, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investments I Limited.

How the Company Makes Money

CETY generates revenue through multiple streams, including the sale of its proprietary clean energy technologies and equipment, installation services, and ongoing maintenance contracts. The company also partners with governmental and private organizations to secure funding for clean energy projects, which can lead to long-term contracts and recurring revenues. Additionally, CETY benefits from incentives and subsidies related to renewable energy initiatives, enhancing its profitability. Strategic alliances with industry leaders further bolster its market presence and revenue potential by expanding its customer base and facilitating entry into new markets.

Clean Energy Technologies Financial Statement Overview

Summary

Clean Energy Technologies shows revenue growth but faces significant profitability and cash flow challenges. The company has improved its leverage position but struggles with generating positive returns and cash flows. Continued focus on improving profitability and cash management is essential for future stability and growth.

Income Statement

The income statement shows a mixed performance. While there is a notable revenue growth rate of 30.88% in the TTM, the company struggles with profitability, as evidenced by a negative net profit margin of -192.28% and negative EBIT and EBITDA margins. The gross profit margin is relatively healthy at 58.47%, indicating efficient production, but overall profitability remains a concern.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.48 in the TTM, which is an improvement from previous years. However, the return on equity is negative at -84.63%, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio is not explicitly calculated but suggests a moderate level of equity relative to total assets.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating and free cash flows in the TTM. The free cash flow growth rate is positive at 89.12%, but the operating cash flow to net income ratio is negative, highlighting cash flow difficulties. The free cash flow to net income ratio is close to 1, suggesting that cash flow issues are closely tied to net income losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.28M	2.42M	15.11M	2.66M	1.30M	1.41M
Gross Profit	1.33M	846.55K	1.09M	1.17M	610.41K	751.07K
EBITDA	-1.67M	-3.21M	-3.33M	1.32M	1.08M	-2.07M
Net Income	-4.39M	-4.42M	-5.66M	147.40K	-471.82K	-4.76M
Balance Sheet
Total Assets	14.80M	9.51M	10.93M	8.11M	6.43M	4.12M
Cash, Cash Equivalents and Short-Term Investments	826.79K	62.10K	174.85K	985.03K	1.19M	414.88K
Total Debt	3.39M	4.34M	3.12M	4.46M	6.99M	7.09M
Total Liabilities	7.70M	6.57M	5.06M	6.24M	8.15M	11.36M
Stockholders Equity	7.10M	2.94M	5.11M	1.88M	-1.70M	-7.24M
Cash Flow
Free Cash Flow	-6.63M	-3.56M	-4.86M	-2.24M	-2.55M	-1.43M
Operating Cash Flow	-6.63M	-3.56M	-4.78M	-2.24M	-2.55M	-1.43M
Investing Cash Flow	65.28K	161.24K	-318.60K	-1.44M	-1.50M	0.00
Financing Cash Flow	7.70M	3.37M	5.10M	2.80M	4.83M	1.84M

Clean Energy Technologies Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CETY, the sentiment is Neutral. The current price of 0.72 is below the 20-day moving average (MA) of 0.81, below the 50-day MA of 1.09, and below the 200-day MA of 3.42, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 54.77 is Neutral, neither overbought nor oversold. The STOCH value of 88.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CETY.

Clean Energy Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTEC	66 Neutral	$22.26M	1.51	21.29%	―	-1.36%	―
BWEN	65 Neutral	$83.52M	15.70	8.20%	―	-1.47%	52.65%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CVV	53 Neutral	$26.78M	-151.29	-0.73%	―	19.84%	95.71%
JCSE	52 Neutral	$9.66M	-7.80	―	8.18%	-23.37%	-264.09%
CETY	43 Neutral	$4.75M	-0.88	-82.18%	―	-57.40%	52.85%
BURU	35 Underperform	$83.04M	-0.15	―	―	-98.20%	93.77%

Clean Energy Technologies Corporate Events

Clean Energy Technologies completes private equity financing round

On December 24, 2025, Clean Energy Technologies, Inc. entered into a subscription agreement with an investor to sell 913,842 shares of its common stock for $395,328, and on December 29, 2025, it executed two additional subscription agreements with two other investors for a total of 656,158 shares for $283,855, all containing customary representations, warranties and covenants and governed by Nevada law. In aggregate, the company raised $679,183 through the private sale of 1,569,?000 common shares to accredited investors under Section 4(a)(2) and Rule 506(b) of Regulation D, strengthening its capital base via non-public offerings subject to standard transfer restrictions, which may support ongoing operations and strategic initiatives while diluting existing shareholders.

The most recent analyst rating on (CETY) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Clean Energy Technologies stock, see the CETY Stock Forecast page.

Clean Energy Technologies Issues New Stock in December

In late November and early December 2025, Clean Energy Technologies, Inc. issued several batches of common stock to Mast Hill Fund, L.P. and Pacific Pier Capital II, LLC. These issuances were made in connection with the conversion of convertible promissory notes and the exercise of warrants, under exemptions from the registration requirements of the Securities Act of 1933.

The most recent analyst rating on (CETY) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Clean Energy Technologies stock, see the CETY Stock Forecast page.