LanzaTech Global (LNZA) AI Stock Analysis

• Market Cap: $44.78M
• Dividend Yield: N/A
• Average Volume (3M): 26.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.42
• Revenue Growth: -40.11%
• EPS Growth: -36.69%
• Country: US
• Employees: 383
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): N/A
• Shares Outstanding: 2,319,960
• 10 Day Avg. Volume: 22,779
• 30 Day Avg. Volume: 26,268
• PEG Ratio: 0.18
• Price to Book (P/B): 20.13
• Price to Sales (P/S): 5.46
• P/FCF Ratio: -2.87
• Enterprise Value/Market Cap: 1.54
• Enterprise Value/Revenue: 1.70
• Enterprise Value/Gross Profit: 5.73
• Enterprise Value/Ebitda: -0.60
• 1Y Price Target: $20.00
• Price Target Upside: 7.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: $20.00 ▲(7.58% Upside)

LanzaTech Global's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and negative cash flows. Technical analysis further indicates bearish momentum, while valuation metrics highlight significant losses and lack of dividend yield, making the stock less attractive.

Positive Factors

Strategic Partnerships

The amended agreements with LanzaJet enhance long-term collaboration and expand the reach of LanzaTech's technology, potentially increasing revenue through broadened licensing opportunities and strategic positioning in sustainable aviation fuel markets.

Technology Licensing

Extending the technology license agreement through 2031 secures long-term revenue streams from licensing fees and royalties, reinforcing LanzaTech's business model centered on monetizing its proprietary technology.

Market Position

LanzaJet's focus on the AtJ pathway for sustainable aviation fuel positions LanzaTech advantageously in the growing market for renewable energy solutions, leveraging its carbon-recycling initiatives to supply critical feedstock.

Negative Factors

High Leverage

A high debt-to-equity ratio indicates significant leverage, posing financial risk and potentially limiting LanzaTech's ability to invest in growth opportunities or weather economic downturns without financial strain.

Negative Cash Flows

Negative cash flows highlight operational inefficiencies and financial challenges, potentially constraining LanzaTech's ability to fund operations and invest in strategic initiatives without external financing.

Declining Revenues

Declining revenues indicate challenges in maintaining market demand or competitive positioning, which could impact LanzaTech's long-term growth prospects and financial sustainability if not addressed.

LanzaTech Global Business Overview & Revenue Model

Company Description

LanzaTech Global (LNZA) is a pioneering biotechnology company focused on transforming waste carbon emissions into valuable products. Operating primarily within the sectors of sustainable energy and carbon capture, LanzaTech employs its proprietary gas fermentation technology to convert industrial byproducts and carbon-rich gases into fuels, chemicals, and materials. The company's innovative approach not only addresses environmental challenges but also provides economically viable alternatives to traditional fossil fuels and petrochemicals.

How the Company Makes Money

LanzaTech generates revenue through several key channels. Primarily, the company earns money by licensing its technology to industries looking to reduce carbon emissions and produce sustainable fuels and chemicals. The licensing agreements typically involve upfront fees and ongoing royalties based on the volume of products produced using LanzaTech's technology. Additionally, LanzaTech engages in joint ventures and partnerships with various corporations in the energy and chemical sectors, which can result in revenue-sharing agreements. These partnerships often involve collaborative projects where LanzaTech's technology is integrated into existing operations, leading to additional income. Furthermore, LanzaTech may also receive funding from government grants and incentives aimed at promoting clean technology and carbon reduction initiatives, contributing to its overall financial health.

LanzaTech Global Financial Statement Overview

Summary

LanzaTech Global faces significant financial challenges, with declining revenues, substantial losses, high leverage, and negative cash flows. The company's financial health is concerning, with risks related to high debt levels and operational inefficiencies.

Income Statement

LanzaTech Global's income statement reveals significant challenges. The company has experienced a decline in revenue growth, with a negative growth rate of -16.98% in the TTM. Margins are under pressure, with a gross profit margin of 42.31% but a concerning net profit margin of -269.20%, indicating substantial losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 6.09, suggesting significant leverage and potential financial risk. Return on equity is negative at -282.08%, indicating that the company is not generating profits from its equity base. The equity ratio is not provided, but the high leverage is a concern.

Cash Flow

Cash flow analysis highlights negative operating cash flow and free cash flow, with a free cash flow growth rate of -36.96% in the TTM. The operating cash flow to net income ratio is negative, indicating cash flow challenges. However, the free cash flow to net income ratio is slightly positive at 1.06, suggesting some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	40.54M	49.59M	62.63M	37.34M	25.46M	18.35M
Gross Profit	12.03M	23.62M	17.65M	9.06M	10.23M	6.76M
EBITDA	-115.75M	-103.34M	-100.93M	-70.94M	-47.21M	-36.55M
Net Income	-136.15M	-137.73M	-134.10M	-76.36M	-46.69M	-37.71M
Balance Sheet
Total Assets	116.30M	174.68M	241.62M	152.49M	193.01M	118.98M
Cash, Cash Equivalents and Short-Term Investments	37.37M	55.87M	120.74M	83.05M	343.40K	60.49M
Total Debt	36.25M	81.89M	19.94M	7.41M	5.33M	10.59M
Total Liabilities	128.31M	161.24M	127.15M	9.71M	67.30M	35.79M
Stockholders Equity	-25.18M	13.45M	114.47M	51.91M	139.26M	83.19M
Cash Flow
Free Cash Flow	-54.48M	-94.37M	-105.85M	-11.08M	-48.34M	-46.38M
Operating Cash Flow	-54.79M	-89.06M	-97.30M	-345.73K	-42.59M	-39.27M
Investing Cash Flow	10.38M	28.35M	-57.91M	-10.69M	-5.75M	-6.59M
Financing Cash Flow	55.61M	30.21M	148.19M	50.55M	116.02M	44.73M

LanzaTech Global Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.59
• 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 LNZA, the sentiment is Negative. The current price of 18.59 is below the 20-day moving average (MA) of 23.81, below the 50-day MA of 22.75, and below the 200-day MA of 36.11, indicating a bearish trend. The MACD of -1.57 indicates Positive momentum. The RSI at 36.07 is Neutral, neither overbought nor oversold. The STOCH value of 8.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LNZA.

LanzaTech Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MEG	65 Neutral	$915.95M	―	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AWX	54 Neutral	$9.87M	83.77	0.47%	―	-4.84%	-81.73%
QRHC	47 Neutral	$30.03M	―	-46.57%	―	-5.20%	-275.34%
LNZA	39 Underperform	$44.78M	-0.29	-490.45%	―	-40.11%	-36.69%
AQMS	36 Underperform	$21.09M	-0.07	-182.91%	―	-100.00%	-112.68%

LanzaTech Global Corporate Events

LanzaTech Amends Agreements for Sustainable Fuel Production

On October 16, 2025, LanzaTech Global and its partners amended their agreements to streamline the production of sustainable aviation fuel at the LanzaTech Freedom Pines Biorefinery in Georgia. The updated agreements eliminate previous investment conditions and ensure LanzaTech retains a significant stake in LanzaJet, enhancing its market positioning and operational capabilities in sustainable fuel production.

The most recent analyst rating on (LNZA) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on LanzaTech Global stock, see the LNZA Stock Forecast page.

LanzaTech Global Amends Stock Purchase Agreement

On May 7, 2025, LanzaTech Global, Inc. entered into a Series A Convertible Senior Preferred Stock Purchase Agreement with LanzaTech Global SPV, LLC, resulting in the issuance of 20,000,000 shares of preferred stock for $40,000,000. On September 22, 2025, the agreement was amended to extend the deadline for a subsequent financing and to incorporate shareholder approvals from the July 28, 2025 meeting. Additionally, a Waiver Agreement was established to modify the registration obligations for certain shares of common stock.

The most recent analyst rating on (LNZA) stock is a Sell with a $22.00 price target. To see the full list of analyst forecasts on LanzaTech Global stock, see the LNZA Stock Forecast page.

LanzaTech Reports Q2 2025 Financial Results

LanzaTech Global, Inc. is a carbon management solutions company that transforms waste carbon into sustainable fuels, chemicals, materials, and protein using its proprietary biorecycling technology. In its second quarter of 2025 financial results, LanzaTech highlighted its strategic transition from a research-focused entity to a commercially driven enterprise, marked by leadership changes and workforce reductions aimed at enhancing cost efficiency.

LanzaTech Global Delays Q2 2025 Report Filing

LanzaTech Global, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to internal restructuring efforts, including a reduction in workforce aimed at improving business focus and cost structure, which has resulted in limited resources for report preparation. The company expects to file the report within the five-day extension period allowed by the SEC. Preliminary financial results indicate a significant decrease in revenue and an increase in the cost of revenues compared to the same quarter last year. These figures are subject to change upon finalization of the unaudited financial statements. LanzaTech is actively working on compliance and the notification is signed by Sushmita Koyanagi, the Chief Financial Officer.

The most recent analyst rating on (LNZA) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on LanzaTech Global stock, see the LNZA Stock Forecast page.

LanzaTech Global Announces Reverse Stock Split Plan

At a town hall meeting on August 13, 2025, LanzaTech Global announced that Aura Cuellar will step down as President, with her departure not stemming from any disagreements with the company. On August 15, 2025, LanzaTech revealed plans to implement a 1-for-100 reverse stock split effective August 18, 2025, as part of its strategy to comply with Nasdaq’s minimum bid price requirement. This move includes decreasing the par value of its common stock and increasing the number of authorized shares, aiming to maintain its Nasdaq listing and affect all shareholders uniformly.

The most recent analyst rating on (LNZA) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on LanzaTech Global stock, see the LNZA Stock Forecast page.