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BrenX (BRNX) AI Stock Analysis

BRNX

BrenX

(NASDAQ:BRNX)

Select Model
Rating:37Underperform
Price Target:$0.43â–²(4.34% Upside)
Action:reiterated
Date:10/29/26

The overall score is at the minimum of 37, reflecting severe fundamental and technical weakness. The company is burning cash with minimal revenue, deep losses, and a declining equity base. The stock is in a strong downtrend across all timeframes with deeply oversold momentum. The negative P/E ratio confirms a lack of earnings power. The primary risk is the unsustainable financial position, which may require additional financing.

Positive Factors
Debt ReductionThe EIB settlement could materially improve BrenX’s capital structure by removing scheduled principal and interest obligations and releasing collateral. Lower liabilities would increase financial flexibility, support project execution, and reduce balance-sheet pressure over the next several quarters.
Negative Factors
Persistent UnprofitabilityBrenX remains far from break-even, with small and volatile revenue alongside deeply negative gross profit and operating margins. This weak operating base limits internally generated funding, makes profitability dependent on successful project scaling, and leaves earnings power fragile.

BrenX (BRNX) vs. SPDR S&P 500 ETF (SPY)

-100%-75%-50%-25%0%25%BRNX-99.85%SPY+13.13%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
$330.24K
Dividend Yield
―
Average Volume (3M)
955.37K
Price to Earnings (P/E)
-0.0
Beta (1Y)
0.95
Revenue Growth
-100.00%
EPS Growth
76.44%
Country
US
Employees
45
Sector
Utilities
Sector Strength
66
Industry
Engineering & Construction

BrenX Business Overview & Revenue Model

Company Description

Brenmiller Energy Ltd. engages in development, production, marketing, and sale of thermal energy storage systems, based on technology developed in the company that enables heat storage at high temperatures in crushed volcanic rocks. It operates as a...

BrenX Financial Statement Overview

Summary

Financial performance is extremely weak. The income statement shows minimal, volatile revenue and deep net losses. Cash flow is deeply negative with unsustainable cash burn. The balance sheet provides a small equity cushion but is eroding due to ongoing deficits.

Income Statement

10Very Negative

Balance Sheet

25Negative

Cash Flow

10Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue387.00K387.00K0621.00K1.52M395.00K
Gross Profit-3.21M-3.21M-985.00K-934.00K-786.00K-3.66M
EBITDA-12.18M-12.97M-6.30M-9.43M-11.18M-9.83M
Net Income-13.90M-13.90M-6.77M-9.65M-11.07M-11.02M
Balance Sheet
Total Assets12.49M12.49M11.91M10.59M12.46M14.60M
Cash, Cash Equivalents and Short-Term Investments4.50M4.95M4.10M3.18M6.51M8.28M
Total Debt5.84M5.84M4.82M5.61M5.79M3.41M
Total Liabilities9.00M9.00M7.43M7.71M7.84M9.05M
Stockholders Equity3.49M3.49M4.49M2.88M4.63M5.54M
Cash Flow
Free Cash Flow-10.59M-10.62M-9.85M-9.58M-11.57M-8.52M
Operating Cash Flow-10.40M-10.40M-9.51M-6.92M-10.10M-8.28M
Investing Cash Flow-398.00K-398.00K-422.00K-2.61M-1.36M-238.00K
Financing Cash Flow11.50M11.50M10.94M6.36M11.20M14.20M

BrenX Technical Analysis

Technical Analysis SentimentNegative
Last Price0.41

Price Trends

50DMA2.22Negative
100DMA3.43Negative
200DMA18.84Negative

Market Momentum

MACD-0.46Negative
RSI21.86Positive
STOCH3.75Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BRNX, the sentiment is Negative. The current price of 0.41 is below the 20-day moving average (MA) of 1.05, below the 50-day MA of 2.22, and below the 200-day MA of 18.84, indicating a bearish trend. The MACD of -0.46 indicates Negative momentum. The RSI at 21.86 is Positive, neither overbought nor oversold. The STOCH value of 3.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BRNX.

BrenX Risk Analysis

BrenX disclosed 54 risk factors in its most recent earnings report. BrenX reported the most risks in the "Finance & Corporate" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

3 New Risks
1.We have outstanding warrants and preferred shares, some of which contain "full-ratchet" anti-dilution protection, which have caused significant dilution to our shareholders and may cause further significant dilution to our shareholders.Q4, 2025
2.You may experience future dilution as a result of future capital raising and other issuances of our securities.Q4, 2025
3.Our amended and restated articles of association provide that, unless we consent in writing to an alternative forum, the federal district courts of the United States of America shall be the sole and exclusive forum for resolution of any complaint asserting a cause of action arising under the Securities Act, which could limit our shareholders' ability to choose the judicial forum for disputes with us, our directors, shareholders, or other employees.Q4, 2025

BrenX Peers Comparison

Overall Rating

UnderperformOutperform
Sector (66)

Financial Indicators

BRNX against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *66Neutral$17.65B18.105.60%3.62%6.62%11.55%
VGASVGAS47Neutral$44.76M-3.11-21.80%――19.55%
WAVEWAVE44Neutral$29.64M-7.94-56.33%―-77.09%-15.59%
BRNXBRNX37Underperform$891.91K-0.00-373.23%―-100.00%76.44%
CREGCREG31Underperform$1,098-0.88-1.95%―1598.12%73.09%
HTOOHTOO31Underperform$12.78M-21.90-11.34%―75.69%84.18%

* Utilities Sector Average

Performance Comparison

-100%-50%0%BRNXCREGHTOOWAVEVGASDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
BRNX and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
BRNXBrenx Ltd.0.46-293.54-99.84%
CREGSmart Powerr Corp0.18-11.12-98.42%
HTOOFusion Fuel Green Plc1.70-1.87-52.38%
WAVEEco Wave Power Global Ab4.75-2.17-31.36%
VGASVerde Clean Fuels, Inc.1.01-2.17-68.08%

BrenX Corporate Events

BrenX Calls November 2026 Shareholder Vote on Discretionary Reverse Stock Split

Oct 20, 2026

BrenX Ltd. has called a Special General Meeting of Shareholders for November 6, 2026, at its Rosh Haayin headquarters in Israel, with an October 22, 2026 record date determining voting eligibility. The board is presenting a single proposal to shareho...

BrenX Sets Up New ATM Equity Offering With October Prospectus Supplement

Oct 14, 2026

On October 14, 2026, BrenX Ltd. filed a prospectus supplement to enable an at‑the‑market offering of up to $2.89 million in ordinary shares under its existing sales agreement with A.G.P./Alliance Global Partners, originally dated June 9,...

BrenX Secures Additional $1 Million to Advance TES Projects and Resets Preferred Share Terms

Sep 17, 2026

BrenX Ltd. has been executing a multi-tranche securities purchase agreement with Alpha Capital Anstalt since July 2025, providing up to $25 million in funding through preferred shares, pre-funded warrants and ordinary warrants. Multiple closings occu...

BrenX Strikes EIB Debt Settlement to Halve Liabilities and Bolster Equity

Sep 15, 2026

On September 15, 2026, BrenX announced a settlement agreement with the European Investment Bank that will cancel its March 2021 credit facility, eliminate approximately $4.8 million of related debt and release associated security following an initial...

BrenX Posts First-Half 2026 Loss Improvement and Accelerates Shift to Integrated Energy Infrastructure

Sep 9, 2026

On September 9, 2026, BrenX reported unaudited financial results for the first half of 2026, showing no revenue but a 9% reduction in operating loss to $5.97 million and an 18% improvement in net loss to $6.09 million versus the prior-year period. Th...

BrenX Secures Additional $3 Million from Alpha to Fund TES Projects

Aug 28, 2026

BrenX Ltd. has been executing a multi-tranche financing program with Alpha Capital Anstalt, launched under a securities purchase agreement in July 2025, through which it may raise up to $25 million via preferred shares, pre-funded warrants and ordina...

BrenX Files August 6-K to Publish Updated Investor Presentation

Aug 19, 2026

On August 19, 2026, BrenX Ltd. disclosed that it had made a new company presentation available on its corporate website, formalizing the move through a Report of Foreign Private Issuer on Form 6-K filed with the U.S. Securities and Exchange Commissio...

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.

Date of analysis: Oct 29, 2026