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ConnectM Technology Solutions
(OTC:CNTM)
ConnectM Technology Solutions (CNTM) vs. SPDR S&P 500 ETF (SPY)
ConnectM Technology Solutions Business Overview & Revenue Model
ConnectM Technology Solutions Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 31.56M | 22.65M | 19.97M | 15.44M | 4.34M |
| Gross Profit | 8.52M | 5.95M | 5.04M | 4.04M | 892.49K |
| EBITDA | -14.27M | -18.75M | -6.70M | -3.12M | -3.20M |
| Net Income | -17.22M | -22.57M | -9.15M | -3.54M | -3.44M |
Balance Sheet | |||||
| Total Assets | 22.09M | 12.76M | 78.78M | 94.22M | 334.66K |
| Cash, Cash Equivalents and Short-Term Investments | 2.21M | 2.41M | 5.95K | 5.94K | 5.06K |
| Total Debt | 7.38M | 17.31M | 3.68M | 166.96K | 80.00K |
| Total Liabilities | 33.84M | 36.54M | 28.97M | 8.51M | 329.55K |
| Stockholders Equity | -11.75M | -25.10M | 49.81M | 85.71M | 5.11K |
Cash Flow | |||||
| Free Cash Flow | -9.59M | -6.17M | -2.45M | -1.80M | -3.76M |
| Operating Cash Flow | -9.40M | -5.96M | -2.45M | -1.63M | -3.47M |
| Investing Cash Flow | -449.74K | -107.67K | 20.06M | -1.29M | -416.27K |
| Financing Cash Flow | 10.27M | 7.29M | -17.61M | 3.45M | 1.48M |
ConnectM Technology Solutions Technical Analysis
ConnectM Technology Solutions Risk Analysis
ConnectM Technology Solutions Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | $55.69M | -0.61 | ― | ― | 419.60% | 75.23% | |
49 Neutral | $16.54M | -5.22 | ― | ― | ― | ― | |
43 Neutral | $9.27M | ― | -80.59% | ― | -27.47% | 83.06% | |
42 Neutral | $18.08M | -2.24 | -37.97% | ― | -14.03% | 52.39% |
ConnectM Technology Solutions Corporate Events
On January 5, 2026, ConnectM Technology Solutions, Inc. entered into and closed an acquisition agreement with Sun Solar LLC and its sole owner, Caleb Arthur, under which Arthur transferred 400,000 units, or 40% of Sun Solar’s 1,000,000 LLC membership interests, to ConnectM. In consideration, ConnectM issued 15,000,000 shares of its common stock to Arthur or his assignees in a private placement exempt from registration, bringing the company’s total issued and outstanding common shares to 168,255,345 as of the closing date; the deal is governed by customary covenants, operating restrictions, no-shop provisions and reciprocal indemnities, and positions ConnectM as a significant minority owner of Sun Solar while diluting existing shareholders through the new stock issuance.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On January 7, 2026, ConnectM Technology Solutions, Inc. announced it had acquired a 40% equity interest in Sun Solar LLC, a leading U.S. residential and small‑commercial solar developer and installer, and will consolidate its own solar activities under the Sun Solar Northeast banner to expand solar‑plus‑storage deployments in the Northeast corridor. The transaction is expected to boost ConnectM’s stockholders’ equity by at least $6.5 million to more than $9 million, marking a sharp turnaround from a roughly $50 million deficit reported in July 2024, while anchoring the company’s AI-enabled virtual power plant strategy through a supply agreement that positions Keen Labs to generate additional revenue from Sun Solar’s installed base and supports a more capital‑efficient, software‑ and services‑driven growth model in the multi‑billion‑dollar U.S. residential solar and storage market.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 29, 2025, ConnectM Technology Solutions announced that its AI and technology subsidiary Keen Labs has launched the Hi-E line of Lithium Iron Phosphate-based energy storage systems aimed at the long-duration and virtual power plant segment of the distributed energy storage market, which it values at more than $100 billion. Designed for residential and light commercial use, the modular 2 kWh to 5 kWh systems support whole-home backup, load leveling and peak pricing management, integrate with Keen heat pumps, and can serve as controllable assets in utility-supported VPP programs, positioning ConnectM more deeply in grid-edge infrastructure while offering customers flexible, digitally native storage that feeds into the company’s analytics and optimization platforms and can be deployed standalone or as part of broader connected energy solutions.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 22, 2025, ConnectM Technology Solutions announced that its board has approved, and will seek shareholder approval for, a reverse stock split of its common stock in a flexible range of 1‑for‑5 to 1‑for‑50, replacing an unimplemented 1‑for‑5 to 1‑for‑8 authorization granted in April 2025, to support a planned application to uplist from the OTC market to a U.S. national securities exchange. The company said the move is intended to help it meet minimum bid price requirements, enhance liquidity and visibility, and broaden institutional and long‑term investor access, while keeping shareholders’ proportional ownership, rights and par value unchanged, with the board retaining discretion over whether and when to implement the split, subject to shareholder approval and regulatory review by FINRA and the Delaware Secretary of State.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 17, 2025, ConnectM Technology Solutions announced significant strides in structural and strategic advancements, including the reduction of over $8.35 million in convertible debt and the strategic acquisitions of Amperics and Geo Impex. These moves support the company’s growth in energy-driven and AI-driven markets by simplifying its financial structure and introducing innovative infrastructure, such as hybrid energy storage systems and an AI-powered logistics park in India. Additionally, ConnectM has secured new funding arrangements with multiple lenders to enhance liquidity and operational growth. The developments are expected to bolster the company’s positioning in the modern energy economy and technological markets, benefiting stakeholders by aligning financial stability with strategic expansion.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
Between November 26, 2024, and December 15, 2025, ConnectM Technology Solutions entered into a series of Convertible Promissory Notes with multiple investors, aimed at raising capital for working capital purposes. The company also engaged in several significant financial agreements and acquisitions, including the purchase of assets from Amperics Inc. and the acquisition of Geo Impex LLC, which expanded its holdings in energy storage and logistics, respectively. These strategic moves are expected to enhance ConnectM’s operational capabilities and market position.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.40 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 10, 2025, ConnectM Technology Solutions‘ subsidiary, Keen Labs, launched the Hi-C™ line of hybrid energy storage systems designed for high-power applications. This new product line, leveraging technology from Amperics, aims to address gaps in conventional supercapacitor and battery technologies by providing rapid power delivery and extending battery life, thus reducing costs for industries such as transport, industrial equipment, data centers, and commercial buildings. The Hi-C™ systems are integrated with Keen Labs’ Energy Intelligent Network for enhanced monitoring and optimization, offering flexibility in deployment as standalone modules or within existing infrastructure.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.35 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 8, 2025, ConnectM Technology Solutions announced its progress in overcoming a $50 million stockholders’ deficit to achieve positive equity, restore OTCQB trading status, and deliver significant revenue growth. The company has focused on stabilizing its operations, enhancing its market presence, and expanding its Keen Labs Energy Intelligence Network through strategic acquisitions. Despite initial challenges post-de-SPAC, including a loss of Nasdaq listing, ConnectM has improved its financial standing and market credibility, with plans for further growth and integration of recent acquisitions into its operations.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.34 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On December 1, 2025, ConnectM Technology Solutions announced its engagement with ThinkEquity LLC to advise on an anticipated uplisting to a major U.S. stock exchange. The company has successfully executed its turnaround plan since its Nasdaq delisting in May 2025, moving from the Expert Market to OTCQB, restoring SEC reporting, and achieving significant revenue growth. ConnectM has also strengthened its balance sheet by reducing debt and liabilities, and expanded its platform in the high-growth electrification and energy storage markets through strategic acquisitions and the launch of Keen Labs. These efforts position ConnectM favorably for future growth and potential uplisting, reflecting strong investor interest in AI, battery power, and energy storage solutions.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.26 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On November 20, 2025, ConnectM Technology Solutions announced the formation of StarConnectM LLP, a joint venture with Star Engineers India Pvt. Ltd. This new entity aims to design and manufacture intelligent connected vehicle products for automotive OEMs, leveraging Keen Labs’ AI-powered Smart Mobility Platform. StarConnectM combines Star Engineers’ manufacturing expertise with ConnectM’s technology to create an end-to-end ecosystem for scalable, data-driven mobility solutions. This venture marks a significant step in advancing intelligent mobility and positions the company to redefine the automotive experience for OEMs and end-users.
The most recent analyst rating on (CNTM) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.
On November 17, 2025, ConnectM Technology Solutions reported a significant financial improvement for the third quarter of 2025, with a 45% increase in revenue to $8.7 million compared to the previous year. The company also reduced its net loss to $1.0 million from $9.9 million in 2024, reflecting gains from acquisitions and restructuring. ConnectM has focused on simplifying its capital structure by reducing debt and derivative liabilities by over $10 million, supporting its growth and uplisting efforts. The company continues to expand its Energy Intelligence Network and strengthen its logistics and service network through strategic acquisitions.
On November 10, 2025, ConnectM Technology Solutions announced a $1.7 million distribution agreement with Greentech Renewables to provide Keen Labs-branded high-efficiency heat pumps to Greentech’s network of contractors. This partnership aims to accelerate the adoption of all-electric heating and cooling systems, leveraging Greentech’s logistics and contractor network to expand ConnectM’s market presence. The agreement is expected to lay the groundwork for broader scaling in 2026, aligning with the growing U.S. market for heat pumps driven by electrification standards and incentives.
On November 5, 2025, ConnectM Technology Solutions announced the acquisition of Geo Impex & Logistics Private Limited, an India-based developer of sustainable logistics infrastructure. This acquisition grants ConnectM and its subsidiary Keen Labs ownership of approximately 76 acres of strategic land in Odisha, India, fully approved for industrial development. The site is set to become a multimodal hub and the location for ConnectM’s AI-enabled Energy Intelligence Data Center. This move is expected to expand ConnectM’s presence in India’s infrastructure sector and establish a new business vertical focused on AI-assisted logistics and infrastructure optimization.
ConnectM Technology Solutions announced that starting October 30, 2025, its management will deliver an investor presentation. The presentation, included in a Current Report on Form 8-K, is not considered filed under the Securities Exchange Act of 1934 and does not imply any admission of materiality.
On October 27, 2025, ConnectM Technology Solutions announced the launch of Keen Labs, a wholly owned subsidiary focused on innovation and tech product development in AI, industrial IoT, battery systems, and distributed energy technologies for enterprise customers. Keen Labs aims to consolidate ConnectM’s existing AI and technology assets, enhancing strategic focus and capital efficiency. The subsidiary is expected to drive product innovation through organic development and strategic M&A opportunities, supporting ConnectM’s roadmap to increase shareholder value by separating service operations from its high-growth technology portfolio.