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Factorial Energy
(NASDAQ:FAC)
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Rating:42Neutral
Price Target:
$4.50
▼(-8.54% Downside)
Action:N/A
Date:10/17/26
The score is driven primarily by very weak financial performance (pre-revenue status, widening losses, negative equity, and ongoing cash burn). Technicals also reinforce downside pressure with the stock below major moving averages and negative momentum. Valuation offers limited support given negative earnings and no dividend, while corporate events add incremental risk due to the arbitration setback despite some positive operational progress.
Positive Factors
Solid-state technology platform
Factorial’s FEST platform addresses two important battery adoption constraints—energy density and safety—while being designed for compatibility with existing lithium-ion manufacturing. That combination could reduce commercialization friction and support partnerships if performance is sustained.
Negative Factors
Pre-revenue and widening losses
Factorial has not yet established a revenue base, while losses continue to widen during its investment phase. Without commercial sales, the company has limited operating leverage and must demonstrate production and customer conversion before its technology can support sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Solid-state technology platform
Factorial’s FEST platform addresses two important battery adoption constraints—energy density and safety—while being designed for compatibility with existing lithium-ion manufacturing. That combination could reduce commercialization friction and support partnerships if performance is sustained.
Read all positive factors
Factorial Energy (FAC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$507.83M
Dividend YieldN/A
Average Volume (3M)377.85K
Price to Earnings (P/E)―
Beta (1Y)1.21
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees2
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding91,510,500
10 Day Avg. Volume190,164
30 Day Avg. Volume377,852
Financial Highlights & Ratios
PEG Ratio-0.42
Price to Book (P/B)-1.61
Price to Sales (P/S)0.00
P/FCF Ratio-11.37
Enterprise Value/Market Cap0.21
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-5.81
Forecast
1Y Price Target
$13.00Price Target Upside164.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Factorial Energy Business Overview & Revenue Model
Company Description
Factorial Energy Inc. manufactures and sells solid-state batteries for the eMobility, defense, and AI/robotics markets. The company offers products, such as high-performing solid-state battery cells, and utilizes advanced manufacturing techniques,...
Factorial Energy Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 |
| EBITDA | -18.08M | -62.50M | -45.21M |
| Net Income | -19.92M | -73.84M | -54.34M |
Balance Sheet | |||
| Total Assets | 142.65M | 62.78M | 116.03M |
| Cash, Cash Equivalents and Short-Term Investments | 112.83M | 28.89M | 48.25M |
| Total Debt | 7.88M | 27.43M | 19.23M |
| Total Liabilities | 57.66M | 284.18M | 272.53M |
| Stockholders Equity | 85.00M | -221.39M | -156.50M |
Cash Flow | |||
| Free Cash Flow | -18.35M | -31.26M | -39.19M |
| Operating Cash Flow | -17.28M | -30.16M | -37.21M |
| Investing Cash Flow | -1.06M | 1.33M | -1.88M |
| Financing Cash Flow | 99.39M | 7.30M | -816.00K |
Factorial Energy Technical Analysis
Negative
4.92
Price Trends
5.36
Negative
7.53
Negative
8.94
Negative
Market Momentum
-0.26
Positive
36.30
Neutral
23.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FAC, the sentiment is Negative. The current price of 4.92 is below the 20-day moving average (MA) of 5.51, below the 50-day MA of 5.36, and below the 200-day MA of 8.94, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 36.30 is Neutral, neither overbought nor oversold. The STOCH value of 23.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FAC.
Factorial Energy Risk Analysis
Factorial Energy disclosed 167 risk factors in its most recent earnings report. Factorial Energy 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 3 New Risks
1.
There may not be an active trading market for Factorial Energy Common Stock, which may make it difficult to sell shares of Factorial Energy Common Stock. Q2, 2026
2.
Future sales or issuances, or the perception of future sales or issuances, by Factorial Energy or its stockholders in the public market, including through conversion of the Series B Common Stock, could cause the market price for Factorial Energy's securities to decline and dilution to Factorial Energy's stockholders. Q2, 2026
3.
The market price of Series A Common Stock may be volatile, and investors could lose all or part of their investment. Q2, 2026
Factorial Energy Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | $557.40M | -3.18 | -66.93% | ― | 34.88% | -18.59% | |
51 Neutral | $188.33M | 3.02 | 11.54% | ― | -13.03% | ― | |
50 Neutral | $1.21B | -28.59 | -34.75% | ― | 143.61% | 13.94% | |
45 Neutral | $55.32M | -0.40 | -63.44% | ― | -52.63% | -7.51% | |
45 Neutral | $40.87M | -0.34 | 1887.41% | 0.42% | 5392.25% | -126.99% | |
42 Neutral | $507.83M | -33.53 | -15.20% | ― | ― | ― |
* General Sector Average
FAC
Factorial Energy
4.65
-5.44
-53.91%
MVST
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0.49
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-90.88%
ENVX
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2.54
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NVX
NOVONIX Ltd Sponsored ADR
2.13
-17.07
-88.91%
STI
Solidion Technology
4.55
-6.12
-57.36%
AMPX
Amprius Technologies Inc
8.31
-3.08
-27.04%
Factorial Energy Corporate Events
Business Operations and StrategyFinancial DisclosuresLegal Proceedings
Factorial Energy Faces $4.5 Million Arbitration Setback
Negative
Oct 9, 2026
Factorial Energy Inc. disclosed that it had been involved in a contractual arbitration with a vendor initiated on March 14, 2025, before the International Centre for Dispute Resolution. On October 7, 2026, the arbitrator issued a final award in fa...
Business Operations and StrategyFinancial Disclosures
Factorial Energy Reports Q2 Results, Updates Investor Outlook
Positive
Aug 11, 2026
Factorial Energy Inc., a U.S.-based solid-state battery technology company backed by major automotive and strategic investors, is advancing its FEST and Solstice platforms to deliver high-range and high-energy-density solutions for aerospace, grid...
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.