LanzaTech Global (LNZA) AI Stock Analysis

• Market Cap: $30.84M
• Dividend Yield: N/A
• Average Volume (3M): 26.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.73
• Revenue Growth: -31.28%
• EPS Growth: 42.94%
• Country: US
• Employees: 383
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): 0.99
• Shares Outstanding: 2,320,216
• 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: 2.24
• Enterprise Value/Revenue: 1.73
• Enterprise Value/Gross Profit: 6.74
• Enterprise Value/Ebitda: -0.69
• 1Y Price Target: $14.00
• Price Target Upside: 5.34% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: $14.50 ▲(9.10% 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. The technical analysis indicates a bearish trend, further weighing down the score. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. While there are positive corporate developments, they are not sufficient to offset the significant financial and technical challenges.

Positive Factors

Strategic Partnerships

The successful operation of LanzaJet's facility demonstrates LanzaTech's ability to commercialize its technology, enhancing its market position and potential revenue streams.

Government Support

Securing a significant EU grant underscores LanzaTech's innovative capabilities and provides financial support to advance its sustainable projects, fostering long-term growth.

Market Positioning

Streamlining agreements for sustainable fuel production strengthens LanzaTech's competitive edge in the growing sustainable aviation fuel market.

Negative Factors

Revenue Decline

Declining revenue indicates challenges in maintaining sales momentum, which could hinder long-term financial stability and growth prospects.

High Leverage

Significant leverage increases financial risk and limits flexibility, potentially impacting LanzaTech's ability to invest in growth opportunities.

Negative Cash Flow

Persistent negative cash flow challenges LanzaTech's ability to sustain operations and fund strategic initiatives without external financing.

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 is facing significant financial challenges. The income statement shows declining revenues and substantial losses, with a negative net profit margin of -269.20%. The balance sheet reveals high leverage with a debt-to-equity ratio of 6.09, and negative return on equity. Cash flow analysis indicates negative operating and free cash flows, highlighting cash flow challenges. Overall, the financial health is concerning with 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	39.88M	49.59M	62.63M	37.34M	25.46M	18.35M
Gross Profit	10.23M	23.62M	17.65M	9.06M	10.23M	6.76M
EBITDA	-99.76M	-103.34M	-100.93M	-70.94M	-47.21M	-36.55M
Net Income	-75.86M	-137.73M	-134.10M	-76.36M	-46.69M	-37.71M
Balance Sheet
Total Assets	99.29M	174.68M	241.62M	176.86M	150.87M	118.98M
Cash, Cash Equivalents and Short-Term Investments	19.63M	55.87M	120.74M	83.05M	343.40K	60.49M
Total Debt	30.00M	81.89M	19.94M	7.41M	5.33M	10.59M
Total Liabilities	104.27M	161.24M	127.15M	605.58M	11.61M	35.79M
Stockholders Equity	-4.98M	13.45M	114.47M	-428.72M	139.26M	83.19M
Cash Flow
Free Cash Flow	-81.17M	-94.37M	-105.85M	-95.44M	-48.34M	-46.38M
Operating Cash Flow	-78.37M	-89.06M	-97.30M	-84.70M	-42.59M	-39.27M
Investing Cash Flow	25.58M	28.35M	-57.91M	-10.69M	-5.75M	-6.59M
Financing Cash Flow	-148.16M	30.21M	148.19M	50.55M	116.02M	44.73M

LanzaTech Global Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 13.29 is below the 20-day moving average (MA) of 14.15, below the 50-day MA of 18.48, and below the 200-day MA of 26.10, indicating a bearish trend. The MACD of -0.92 indicates Negative momentum. The RSI at 39.06 is Neutral, neither overbought nor oversold. The STOCH value of 22.75 is Neutral, 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	69 Neutral	$923.37M	-27.69	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
QRHC	51 Neutral	$43.83M	-1.89	-44.35%	―	-9.25%	-189.37%
AWX	47 Neutral	$10.37M	57.70	0.47%	―	-4.84%	-81.73%
LNZA	40 Underperform	$30.84M	-0.35	-696.09%	―	-31.28%	42.94%
AQMS	36 Underperform	$16.13M	-0.06	-187.08%	―	―	-106.93%

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.

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.