SenesTech Inc (SNES)
NASDAQ:SNES
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SenesTech
(NASDAQ:SNES)
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Rating:45Neutral
Price Target:
$1.50
▼(-9.09% Downside)
Action:ReiteratedDate:03/14/26
The score is constrained primarily by persistent losses and ongoing negative free cash flow, alongside a weak technical trend with the stock trading below major moving averages. The earnings call provided a meaningful offset via improved margins, strong e-commerce momentum, and growth-focused guidance supported by a solid cash balance, but valuation remains difficult to support given negative earnings and no dividend yield data.
Positive Factors
Improved gross margin
A durable increase in gross margin to ~62.5% signals materially better unit economics and product mix. Higher gross margins create structural room to absorb SG&A, shorten breakeven horizons as revenue scales, and improve the odds that future growth converts to sustained profitability.
Negative Factors
Sustained net losses and cash burn
Persistent multi‑million GAAP losses and negative operating/FCF indicate the business still consumes cash to operate. Continued burn constrains optionality, increases financing or dilution risk, and requires execution to scale revenue and convert improved margins into sustainable cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved gross margin
A durable increase in gross margin to ~62.5% signals materially better unit economics and product mix. Higher gross margins create structural room to absorb SG&A, shorten breakeven horizons as revenue scales, and improve the odds that future growth converts to sustained profitability.
Read all positive factors
SenesTech (SNES) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.75M
Dividend YieldN/A
Average Volume (3M)66.03K
Price to Earnings (P/E)―
Beta (1Y)1.69
Revenue Growth39.37%
EPS Growth69.81%
CountryUS
Employees23
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.35
Shares Outstanding5,303,426
10 Day Avg. Volume49,700
30 Day Avg. Volume66,031
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)7.33
Price to Sales (P/S)31.57
P/FCF Ratio-11.91
Enterprise Value/Market Cap0.44
Enterprise Value/Revenue1.73
Enterprise Value/Gross Profit2.78
Enterprise Value/Ebitda-0.60
Forecast
1Y Price Target
$10.00Price Target Upside506.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.11
Revenue Forecast (FY)$4.57M
SenesTech Business Overview & Revenue Model
Company Description
SenesTech, Inc. develops a technology for managing animal pest populations through fertility control. It offers ContraPest, a liquid bait that limits reproduction of male and female rats. The company was incorporated in 2004 and is headquartered i...
How the Company Makes Money
SenesTech makes money primarily by selling its rodent fertility control products (notably ContraPest) through commercial distribution and direct sales channels. Revenue is generated from product purchases by customers such as municipalities, pest ...
SenesTech Earnings Call Summary
Earnings Call Date:Mar 12, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The call presented multiple clear commercial positives: strong e-commerce momentum (88% YoY growth), improved gross margin (62.5% vs 54.1%), resolution of a legal dispute, and a cash balance of $8.6M that supports runway. Management emphasized scaling e-commerce (including taking Amazon in-house), municipal deployments (Chicago, Baltimore, NYC trial), and international expansion (New Zealand approval and shipment). Key negatives are an ongoing GAAP net loss of $6.4M, elevated one-time legal expenses, rising SG&A (details pending 10-K), near-term revenue uncertainty from slow retail rollout and pending regulatory decisions (e.g., Australia), and a temporary Q4 revenue drag related to the Amazon transition. Overall, the positive operational and margin trends, strong e-commerce growth, resolved litigation, and cash runway outweigh the lowlights, though meaningful execution risk and near-term uncertainty remain.Positive Updates
Revenue Growth
Full-year revenue increased 20% to approximately $2.2M in 2025 (from $1.86M in 2024). Management estimates that excluding an approximately $200k transitional impact from taking Amazon sales in-house, full-year revenue growth would have been closer to 30%.
Negative Updates
Continued Net Loss
GAAP net loss widened slightly to $6.4M in 2025 from $6.2M in 2024 (an increase of ~$0.2M, ~3.2%), indicating the company is still operating at a substantial loss despite margin and adjusted improvements.
Read all updates
Q4-2025 Updates
Positive
Negative
Revenue Growth
Full-year revenue increased 20% to approximately $2.2M in 2025 (from $1.86M in 2024). Management estimates that excluding an approximately $200k transitional impact from taking Amazon sales in-house, full-year revenue growth would have been closer to 30%.
Read all positive updates
Company Guidance
Management guided that 2026 will target accelerated growth above 2025’s reported +20% (2025 revenue ~$2.2M vs $1.86M in 2024) — and likely higher than the ~30% “ex-transition” pace once the ~$200k Q4 Amazon transition impact is excluded — by doubling down on e‑commerce (e‑commerce grew 88% in 2025 and now represents >50% of revenue) through in‑house Amazon/D2C control, municipal adoption (NYC trial concluding in spring; Chicago expanding; Baltimore deployed), international expansion (NZ approval and initial Q1 shipment; Australia decision expected in spring), and retail rollouts (example $2M pallet-to-200-stores opportunity, with big retail likely in H2). Financial discipline remains a priority: 2025 gross margin improved to 62.5% (vs 54.1%), net loss was $6.4M (vs $6.2M), adjusted net loss ~ $5.6M excluding ~$131k one‑time legal and $135k non‑cash lease, adjusted EBITDA loss improved to $5.3M (vs $5.8M), cash/short‑term investments $8.6M, and inventory was up 25% YoY to support anticipated demand.SenesTech Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.22M | 1.86M | 1.19M | 1.02M | 576.00K |
| Gross Profit | 1.39M | 1.00M | 539.00K | 464.00K | 220.00K |
| EBITDA | -6.37M | -6.01M | -7.57M | -9.51M | -7.95M |
| Net Income | -6.38M | -6.18M | -7.71M | -9.70M | -8.27M |
Balance Sheet | |||||
| Total Assets | 12.84M | 3.28M | 7.29M | 6.78M | 11.50M |
| Cash, Cash Equivalents and Short-Term Investments | 8.57M | 1.31M | 5.39M | 4.78M | 9.33M |
| Total Debt | 2.68M | 262.00K | 406.00K | 359.00K | 555.00K |
| Total Liabilities | 3.27M | 767.00K | 942.00K | 1.50M | 1.47M |
| Stockholders Equity | 9.57M | 2.51M | 6.35M | 5.28M | 10.04M |
Cash Flow | |||||
| Free Cash Flow | -5.89M | -6.12M | -7.71M | -8.75M | -7.88M |
| Operating Cash Flow | -5.75M | -6.03M | -7.57M | -8.58M | -7.78M |
| Investing Cash Flow | -1.10M | -56.00K | -149.00K | -170.00K | -99.00K |
| Financing Cash Flow | 13.12M | 2.00M | 8.34M | 4.20M | 13.56M |
SenesTech Technical Analysis
Negative
1.65
Price Trends
1.95
Negative
2.23
Negative
3.38
Negative
Market Momentum
-0.12
Positive
38.83
Neutral
32.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNES, the sentiment is Negative. The current price of 1.65 is below the 20-day moving average (MA) of 1.82, below the 50-day MA of 1.95, and below the 200-day MA of 3.38, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 38.83 is Neutral, neither overbought nor oversold. The STOCH value of 32.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SNES.
SenesTech Risk Analysis
SenesTech disclosed 30 risk factors in its most recent earnings report. SenesTech reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
SenesTech Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $68.27M | -60.48 | 4.98% | ― | 0.18% | -54.25% | |
57 Neutral | $76.89M | 73.75 | 0.02% | 1.33% | -0.97% | -99.67% | |
53 Neutral | $71.06M | -4.53 | 71.64% | ― | 11013.00% | 39.85% | |
45 Neutral | $8.75M | -10.98 | -77.79% | ― | 39.37% | 69.81% | |
43 Neutral | $8.27M | -0.05 | -43.37% | ― | 61.85% | 49.02% |
* Basic Materials Sector Average
SNES
SenesTech
1.65
0.34
25.95%
FSI
Flexible Solutions International
5.36
1.92
55.81%
GURE
Gulf Resources
5.98
-1.01
-14.45%
NTIC
Northern Technologies International
8.10
-1.10
-11.99%
LOOP
Loop Industries
1.47
0.57
63.33%
CNEY
CN Energy Group
0.38
-2.52
-86.80%
SenesTech Corporate Events
Executive/Board Changes
SenesTech Announces CEO Retirement and Interim Leadership Transition
Neutral
Jan 28, 2026
On January 22, 2026, SenesTech announced that President and CEO Joel L. Fruendt plans to retire from the company and its board by the earlier of June 30, 2026 or the appointment of a new chief executive, under a separation agreement that provides ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.