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AQMS Stock Chart & Stats
$2.85
$0.04(1.48%)
At close: 4:00 PM EDT
$2.85
$0.04(1.48%)
Day’s Range― - ―
52-Week Range$2.46 - $39.40
Previous Close$2.75
Volume10.99K
Average Volume (3M)29.99K
Market Cap
$10.65M
Enterprise Value$5.55
Total Cash (Recent Filing)$4.74M
Total Debt (Recent Filing)$441.00K
Price to Earnings (P/E)―
Beta1.68
Next Earnings
Oct 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.69
Shares Outstanding3,563,531
10 Day Avg. Volume26,943
30 Day Avg. Volume29,988
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.49
Price to Sales (P/S)0.00
P/FCF Ratio-0.67
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.00Price Target Upside75.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-24
Revenue Forecast (FY)$7.80M
Bulls Say, Bears Say
Bulls Say
Proprietary Recycling TechnologyAQMS has a differentiated technology platform targeting lead-acid battery recycling and high-purity output. If commercialized successfully, the process could support a defensible position in a circular materials market and create longer-term customer value.
Low Financial LeverageVery low leverage limits interest and refinancing risk compared with a highly debt-funded business. This provides some financial flexibility while AQMS develops its technology, although it does not offset the company’s current losses and cash requirements.
Governance ContinuityBroad shareholder approval supports continuity of the current board and governance framework. Stable oversight can help management maintain focus on technology commercialization and capital planning during a financially demanding development period.
Bears Say
Limited Commercial RevenueThe absence of a meaningful recurring revenue base shows that AQMS has not yet reached commercial scale. Until customer adoption and monetization improve, fixed operating costs will remain unsupported, limiting earnings visibility and business resilience.
Persistent Cash BurnOngoing negative operating and free cash flow means the business is consuming capital to fund operations and development. Continued burn increases dependence on external financing or existing resources until revenue growth and margins provide self-sustaining cash generation.
Equity Erosion And Dilution RiskCumulative losses have materially reduced the equity cushion, restricting financial flexibility. The expanded stock incentive pool also creates potential dilution, which could make future capital needs more costly for existing shareholders if cash generation does not improve.
Aqua Metals News
AQMS FAQ
What was Aqua Metals’s price range in the past 12 months?
Aqua Metals lowest stock price was $2.46 and its highest was $39.40 in the past 12 months.
What is Aqua Metals’s market cap?
Aqua Metals’s market cap is $10.65M.
When is Aqua Metals’s upcoming earnings report date?
Aqua Metals’s upcoming earnings report date is Oct 29, 2026 which is in 57 days.
How were Aqua Metals’s earnings last quarter?
Aqua Metals released its earnings results on Jul 30, 2026. The company reported -$1.314 earnings per share for the quarter.
Is Aqua Metals overvalued?
According to Wall Street analysts Aqua Metals’s price is currently Undervalued.
Does Aqua Metals pay dividends?
Aqua Metals does not currently pay dividends.
What is Aqua Metals’s EPS estimate?
Aqua Metals’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Aqua Metals have?
Aqua Metals has 3,563,531 shares outstanding.
What happened to Aqua Metals’s price movement after its last earnings report?
Aqua Metals reported an EPS of -$1.314 in its last earnings report. Following the earnings report the stock price went down -11.538%.
Which hedge fund is a major shareholder of Aqua Metals?
Currently, no hedge funds are holding shares in AQMS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Aqua Metals
Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.
AQMS Company Deck
AQMS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful technical progress and financial discipline: Aqua Metals demonstrated validated battery-grade lithium carbonate production from multiple feedstocks, achieved >5,000 operating hours, and materially reduced operating expenses and net loss year-over-year. However, the company faces near-term liquidity constraints (cash of ~$6.8M and ~$3.8M quarterly cash burn), unresolved exposure to the Lion Energy financing (~$4.1M) with a $437k provision, and no binding commercial contracts yet—progress toward commercialization is contingent on site selection and financing. Overall, the positives around validated technology, reduced losses and financing flexibility (ATM capacity) outweigh the near-term operational and liquidity risks, but execution on site selection and commercial conversions remains critical.View all AQMS earnings summariesAQMS Stock 12 Month Forecast
Average Price Target
$5.00
▲(75.44% Upside)
Technical Analysis
Ownership Overview
16.05% Insiders
2.12% Mutual Funds
1.76% Other Institutional Investors
79.24% Public Companies and
Individual Investors