Aqua Metals (AQMS) Stock Price, News & Analysis

Company Overview

Aqua Metals, Inc. is a clean-technology company focused on developing sustainable battery-recycling solutions. The company is best known for AquaRefining, a proprietary electrochemical process designed to recover high-purity lead from spent lead-acid batteries without the traditional high-temperature smelting process. AquaRefining is intended to reduce emissions and improve the efficiency of lead recovery.

Based in Reno, Nevada, Aqua Metals has developed and operated demonstration and pilot-scale recycling facilities, including its AquaRefinery in Nevada. The company has also pursued licensing, commercial partnerships and other arrangements intended to expand the use of its technology in battery-recycling markets.

Aqua Metals has expanded its research and development efforts to include lithium-ion battery recycling and related electrochemical technologies. Its lithium-focused initiatives are designed to recover valuable materials from used batteries, including metals used in energy-storage systems and electric vehicles. The company is led by Chief Executive Officer Steve Cotton.

Key Stats

• Today's Range: $2.46 to $2.63
• 50-Day Range: $2.22 to $3.00
• 52-Week Range: $2.16 to $39.40
• Volume: 38,738 shs
• Average Volume: 36,555 shs
• Market Capitalization: $8.79 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Hold

Aqua Metals Stock Analysis - MarketRank™

Aqua Metals scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Aqua Metals has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

Upside Potential

Aqua Metals has a consensus price target of $5.00, representing about 102.4% upside from its current price of $2.47.

Amount of Analyst Coverage

Aqua Metals has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Aqua Metals is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aqua Metals is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Aqua Metals has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.26% of the float of Aqua Metals has been sold short.

Short Interest Ratio / Days to Cover

Aqua Metals has a short interest ratio ("days to cover") of 4.99.

Change versus previous month

Short interest in Aqua Metals has recently decreased by 20.23%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aqua Metals does not currently pay a dividend.

Dividend Growth

Aqua Metals does not have a long track record of dividend growth.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: N/A

News Sentiment

Aqua Metals has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Aqua Metals this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 2 people have added Aqua Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Aqua Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

7.08% of the stock of Aqua Metals is held by insiders.

Percentage Held by Institutions

21.98% of the stock of Aqua Metals is held by institutions.

Company Calendar

• Last Earnings: 7/30/2026
• Today: 9/30/2026
• Next Earnings (Estimated): 11/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Commercial Services & Supplies
• Sub-Industry: Environmental & Facilities Services
• Current Symbol: NASDAQ:AQMS
• CIK: 1621832
• Web: www.aquametals.com
• Phone: (775) 525-1936
• Fax: N/A
• Employees: 11
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Aqua Metals: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +102.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($4.72)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$22.65 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -145.58%
• Return on Assets: -106.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.43
• Quick Ratio: 2.35

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.95 per share
• Price / Book: 0.50

Miscellaneous

• Outstanding Shares: 3,563,000
• Free Float: 3,311,000
• Market Cap: $8.80 million
• Optionable: No Data
• Beta: 0.33