Clean Energy Technologies (CETY) AI Stock Analysis

• Market Cap: $2.80M
• Dividend Yield: N/A
• Average Volume (3M): 12.39M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.79
• 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: 1.77
• Enterprise Value/Revenue: 2.18
• Enterprise Value/Gross Profit: 3.73
• Enterprise Value/Ebitda: -2.97
• 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: 41 Neutral
• Price Target: $0.55 ▼(-23.61% Downside)

The score is primarily held down by very weak profitability and negative operating/free cash flow, despite strong revenue growth and healthy gross margins. Technicals add further pressure due to a pronounced downtrend (price well below key moving averages and negative MACD). Valuation is constrained by losses (negative P/E), while recent capital raises and a strategic investment modestly offset risk by improving funding and optionality but introduce dilution.

Positive Factors

Robust revenue growth

Sustained TTM revenue growth of ~30.9% indicates expanding product adoption across sales, installations and maintenance streams. Durable top-line expansion supports scale, increases addressable market traction, and provides a foundation to absorb costs while management executes longer-term profitability initiatives.

High gross margins

A gross margin near 58.5% reflects efficient production or premium pricing on proprietary technology. That structural margin provides room to invest in R&D and sales while insulating operating margins from input cost swings, improving the odds of a sustainable profit recovery if SG&A is controlled.

Strategic investment expands optionality

Acquiring a convertible bond in another renewables firm and using mixed cash/equity consideration broadens strategic exposure and potential partnerships within the sector. This kind of investment can create operational synergies and long-term optionality beyond core product sales, strengthening positioning over months.

Negative Factors

Severe unprofitability

Extremely negative net margins and absent operating profitability signal core business losses that destroy equity and limit reinvestment. Without a credible path to sustained positive EBIT, the company faces structural profitability risk that will pressure capital access and strategic flexibility over the medium term.

Negative operating and free cash flow

Persistent negative operating and free cash flows create ongoing liquidity strain, forcing reliance on external financing. Even with positive free cash flow growth, cash generation remains tied to reported losses, limiting ability to self-fund projects, sustain operations, or reduce leverage without dilution.

Recurring equity issuance and conversions

Repeated private placements, conversions and warrant exercises increase share count and dilute existing holders. Ongoing reliance on equity financing signals constrained internal funding and can compress future per-share returns, making it harder to deliver durable shareholder value absent earnings and cash-flow improvement.

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

Despite strong TTM revenue growth (30.88%) and a healthy gross margin (58.47%), profitability is severely weak (net margin -192.28% with negative EBIT/EBITDA margins) and cash generation is a major issue with negative operating and free cash flow. Leverage is moderate (debt-to-equity 0.48), but returns are deeply negative (ROE -84.63%).

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: Negative
• Last Price: 0.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CETY, the sentiment is Negative. The current price of 0.72 is below the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.94, and below the 200-day MA of 3.03, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 27.30 is Positive, neither overbought nor oversold. The STOCH value of 3.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CETY.

Clean Energy Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWEN	65 Neutral	$75.64M	9.92	8.20%	―	-1.47%	52.65%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GTEC	62 Neutral	$17.84M	0.82	21.29%	―	-1.36%	―
JCSE	59 Neutral	$5.36M	-5.00	―	8.18%	-23.37%	-264.09%
CVV	55 Neutral	$27.19M	-144.28	-0.73%	―	19.84%	95.71%
CETY	41 Neutral	$2.80M	-0.40	-82.18%	―	-57.40%	52.85%
BURU	35 Underperform	$67.54M	-0.13	―	―	-98.20%	93.77%

Clean Energy Technologies Corporate Events

Clean Energy Technologies Makes Strategic Convertible Bond Investment

On January 12, 2026, Clean Energy Technologies, Inc. entered into a note purchase agreement to acquire from Filled Converge Limited and Li Xiaoguang a HK$11,700,000 portion of a convertible bond originally issued by Hong Kong–listed China Ruifeng Renewable Energy Holdings Limited, paying US$700,000 equivalent in Hong Kong dollars and issuing 1,932,000 shares of its common stock as consideration, with US$500,000 due at closing and the remaining US$200,000 payable within 30 days. The share component of the deal was executed as a private placement to accredited investors under an exemption from U.S. registration requirements, indicating a strategic investment in another renewable energy player while using a mix of cash and equity that may modestly dilute existing shareholders but potentially broadens the company’s exposure within the renewables sector.

The most recent analyst rating on (CETY) stock is a Sell with a $0.94 price target. To see the full list of analyst forecasts on Clean Energy Technologies stock, see the CETY Stock Forecast page.

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.