Aduro Clean Technologies (NASDAQ:ADUR) Receives Buy Rating from D. Boral Capital

Key Points

• D. Boral Capital reiterated a "Buy" rating with a $46.00 price target — implying roughly a 347% upside"Hold" with a $29.00 average target and an analyst split of 3 Buys, 1 Hold and 1 Sell.
• Aduro trades around $10.28 (market cap ~$315M) with a 12‑month range of $3.95–$17.66, a negative PE (-22.35) and extremely negative profitability metrics, though it slightly beat quarterly EPS expectations (loss of $0.15 vs. $0.16 est.) on very small revenue ($0.09M).

Aduro Clean Technologies (NASDAQ:ADUR - Get Free Report)'s stock had its "buy" rating restated by investment analysts at D. Boral Capital in a report released on Friday,Benzinga reports. They presently have a $46.00 target price on the stock. D. Boral Capital's target price points to a potential upside of 347.47% from the company's current price.

Several other analysts have also commented on the stock. HC Wainwright initiated coverage on shares of Aduro Clean Technologies in a research report on Wednesday, February 4th. They set a "buy" rating and a $22.00 price target on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Aduro Clean Technologies in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $29.00.

Aduro Clean Technologies Trading Down 0.4%

Shares of NASDAQ:ADUR opened at $10.28 on Friday. Aduro Clean Technologies has a 12-month low of $3.95 and a 12-month high of $17.66. The business has a 50 day moving average of $11.01 and a two-hundred day moving average of $12.43. The company has a market capitalization of $314.89 million, a PE ratio of -22.35 and a beta of 3.24.

Aduro Clean Technologies (NASDAQ:ADUR - Get Free Report) last issued its quarterly earnings data on Thursday, January 15th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.01. The business had revenue of $0.09 million for the quarter, compared to analysts' expectations of $0.05 million. Aduro Clean Technologies had a negative net margin of 6,393.09% and a negative return on equity of 129.57%.

Hedge Funds Weigh In On Aduro Clean Technologies

A number of large investors have recently added to or reduced their stakes in ADUR. DGS Capital Management LLC grew its position in shares of Aduro Clean Technologies by 67.4% in the fourth quarter. DGS Capital Management LLC now owns 37,966 shares of the company's stock valued at $393,000 after purchasing an additional 15,285 shares during the period. Virtu Financial LLC acquired a new position in shares of Aduro Clean Technologies during the 4th quarter worth about $112,000. NewEdge Advisors LLC lifted its stake in Aduro Clean Technologies by 5.1% in the 4th quarter. NewEdge Advisors LLC now owns 33,344 shares of the company's stock valued at $345,000 after buying an additional 1,604 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Aduro Clean Technologies in the 4th quarter worth about $159,000. Finally, Wells Fargo & Company MN boosted its holdings in Aduro Clean Technologies by 800.0% in the 4th quarter. Wells Fargo & Company MN now owns 2,700 shares of the company's stock worth $28,000 after buying an additional 2,400 shares during the last quarter.

About Aduro Clean Technologies

Aduro Clean Technologies, Inc is a development‐stage clean energy company that designs, develops and seeks to commercialize modular process systems for the production and purification of hydrogen. Listed on the Nasdaq under the ticker ADUR, the company focuses on low‐emission solutions to support the emerging hydrogen economy, including renewable fuel applications, energy storage and industrial gas supply. Aduro Clean Technologies aims to address the growing demand for high‐purity hydrogen across mobility, power generation and chemical processing sectors.

The company's core technologies include its H2-Conductor platform, a membrane‐based system engineered to separate and purify hydrogen from mixed gas streams, and its H2-Integrate suite of modular reactors capable of producing hydrogen from various feedstocks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.