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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$1.44 - $14.59
Previous Close$2.75
Volume10.99K
Average Volume (3M)43.73K
Market Cap
$5.27M
Enterprise Value$5.55M
Total Cash (Recent Filing)$4.74M
Total Debt (Recent Filing)$441.00K
Price to Earnings (P/E)―
Beta1.79
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. Volume52,357
30 Day Avg. Volume43,734
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 Cap1.05
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-3.94
Enterprise Value/Ebitda-0.37
Forecast
1Y Price Target
$5.00Price Target Upside75.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-24
Revenue Forecast (FY)$7.80M
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageThe low debt burden limits interest expense and refinancing exposure relative to a highly leveraged business. This provides some financial resilience and preserves greater flexibility to allocate future capital toward technology development, commercialization, or operating needs.
Proprietary Recycling TechnologyA proprietary electrochemical recycling process could differentiate Aqua Metals in lead recovery and battery materials if commercialization progresses. Producing high-purity recycled lead also aligns the offering with established battery and lead applications, supporting a potentially durable market position.
Continued Capital-markets AccessMaintaining the ATM program gives Aqua Metals an established mechanism to raise equity as needed and supports near-term funding flexibility. Although equity financing can be costly, continuity of the facility reduces disruption in the company’s financing structure while it pursues commercialization.
Bears Say
No Meaningful Recurring RevenueEffectively zero revenue means the operating cost structure is not yet supported by recurring sales, leaving profitability dependent on successful commercialization. Until revenue scales, earnings quality remains weak and the company has limited evidence of a self-sustaining business model.
Persistent Cash BurnSustained negative operating and free cash flow requires Aqua Metals to consume available resources or seek external funding to continue operations. This constrains investment flexibility and makes progress toward commercialization financially important over the next several quarters.
Material Equity ErosionThe substantial decline in equity reflects cumulative losses and reduces the balance-sheet cushion available to fund development. A thinner equity base limits financial flexibility and increases the importance of raising capital or achieving operating improvement before resources become more constrained.
Aqua Metals News
AQMS FAQ
What was Aqua Metals’s price range in the past 12 months?
Aqua Metals lowest stock price was $1.44 and its highest was $14.59 in the past 12 months.
What is Aqua Metals’s market cap?
Aqua Metals’s market cap is $5.27M.
When is Aqua Metals’s upcoming earnings report date?
Aqua Metals’s upcoming earnings report date is Oct 29, 2026 which is in 9 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
17.58% Insiders
2.12% Mutual Funds
1.76% Other Institutional Investors
77.72% Public Companies and
Individual Investors