What is HC Wainwright's Forecast for AIRJ FY2026 Earnings?

Key Points

• HC Wainwright raised its FY2026 EPS forecast for AirJoule Technologies to a loss of $0.06 per share from a previous estimate of $0.11, while maintaining a “Buy” rating and $12 price target.
• The firm expects AirJoule to remain unprofitable through FY2028, with projected positive annual EPS of $0.10 beginning in FY2029.
• AirJoule reported a quarterly loss of $0.12 per share, missing the $0.08 consensus estimate; analysts nevertheless maintain a “Moderate Buy” consensus rating with an average $9.50 target price.

AirJoule Technologies Corporation (NASDAQ:AIRJ - Free Report) - Research analysts at HC Wainwright upped their FY2026 earnings estimates for AirJoule Technologies in a report issued on Monday, August 17th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of ($0.06) per share for the year, up from their previous forecast of ($0.11). HC Wainwright has a "Buy" rating and a $12.00 price objective on the stock. The consensus estimate for AirJoule Technologies' current full-year earnings is ($0.14) per share. HC Wainwright also issued estimates for AirJoule Technologies' Q4 2026 earnings at ($0.09) EPS, FY2027 earnings at ($0.23) EPS, FY2028 earnings at ($0.13) EPS and FY2029 earnings at $0.10 EPS.

AirJoule Technologies (NASDAQ:AIRJ - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.04).

A number of other equities analysts have also commented on AIRJ. B. Riley Financial raised their target price on shares of AirJoule Technologies from $6.00 to $8.00 and gave the stock a "buy" rating in a research report on Monday. UBS Group set a $10.00 price objective on shares of AirJoule Technologies in a report on Monday. Weiss Ratings reaffirmed a "sell (d)" rating on shares of AirJoule Technologies in a research report on Thursday, August 13th. Finally, Seaport Research Partners started coverage on shares of AirJoule Technologies in a research note on Friday, May 8th. They set a "buy" rating and a $7.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $9.50.

AirJoule Technologies Stock Down 8.4%

Shares of AirJoule Technologies stock opened at $5.32 on Wednesday. AirJoule Technologies has a 52 week low of $2.22 and a 52 week high of $6.75. The company has a market capitalization of $385.17 million, a PE ratio of -4.09 and a beta of 0.86. The stock's fifty day moving average is $4.78 and its two-hundred day moving average is $3.92.

Hedge Funds Weigh In On AirJoule Technologies

Several large investors have recently made changes to their positions in AIRJ. Bank of America Corp DE increased its holdings in AirJoule Technologies by 8,851.2% in the 4th quarter. Bank of America Corp DE now owns 11,189 shares of the company's stock worth $89,000 after acquiring an additional 11,064 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of AirJoule Technologies by 46.4% in the first quarter. Goldman Sachs Group Inc. now owns 85,150 shares of the company's stock valued at $393,000 after acquiring an additional 26,995 shares in the last quarter. Jane Street Group LLC lifted its position in shares of AirJoule Technologies by 103.2% in the first quarter. Jane Street Group LLC now owns 29,956 shares of the company's stock valued at $138,000 after acquiring an additional 15,212 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of AirJoule Technologies by 111.1% in the second quarter. Geode Capital Management LLC now owns 517,203 shares of the company's stock worth $2,395,000 after acquiring an additional 272,253 shares during the last quarter. Finally, Creative Planning acquired a new stake in shares of AirJoule Technologies in the second quarter worth approximately $441,000. 63.65% of the stock is currently owned by institutional investors and hedge funds.

More AirJoule Technologies News

Here are the key news stories impacting AirJoule Technologies this week:

• Positive Sentiment: HC Wainwright raised its earnings forecasts across multiple years. The firm improved its FY2026 EPS estimate to a loss of $0.06 from $0.11, FY2027 to a loss of $0.23 from $0.26, FY2028 to a loss of $0.13 from $0.18, and FY2029 to profit of $0.10 from $0.06. The revisions suggest better-than-previously expected operating performance and strengthen the long-term profitability narrative for AIRJ.
• Positive Sentiment: The company and the Net Zero Innovation Hub for Data Centers announced a strategic collaboration to explore using waste heat from data centers in AirJoule’s heat-to-water systems. The initiative could expand the potential market for AirJoule’s technology as data-center power consumption and demand for energy efficiency continue to grow. AirJoule Technologies and the Net Zero Innovation Hub for Data Centers Announce Strategic Collaboration to Deploy Heat-To-Water Technology in Data Centers
• Neutral Sentiment: The collaboration is currently exploratory and does not announce a contract, revenue commitment, or commercial deployment. Investors may therefore view it as a promising growth opportunity rather than an immediate financial catalyst. AirJoule, Net Zero Innovation Hub for Data Centers to Study Ways to Reuse Data Center Heat
• Negative Sentiment: Despite the improved forecasts, HC Wainwright still expects AIRJ to report losses in Q4 2026 and throughout FY2026-FY2028. The company is not projected to reach positive annual EPS until FY2029, leaving execution, funding, and commercialization risks in place.

About AirJoule Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.

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.

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