Aqua Metals (AQMS) Stock Price, News & Analysis

Company Overview

Aqua Metals Inc. (NASDAQ: AQMS) is a technology-driven environmental company pioneering sustainable battery recycling solutions. The company’s core offering, branded as AquaRefining, utilizes an electrochemical process to recover lead, silver, and plastic components from spent lead-acid batteries without the need for high-temperature smelting. This water-based approach aims to eliminate air emissions and reduce energy consumption compared to conventional recycling methods.

Based in Reno, Nevada, Aqua Metals develops, manufactures, and licenses its proprietary modular recycling systems to industrial battery recyclers and battery manufacturers. The company’s technology allows customers to reclaim high-purity lead and ancillary materials either on-site or through centralized tolling facilities. By focusing on closed-loop recycling, Aqua Metals serves the automotive, stationary power, and material-handling battery sectors, where lead-acid batteries remain the predominant energy storage solution.

Since its founding in 2011, Aqua Metals has advanced from pilot-scale demonstrations to commercial installations, securing partnerships across the United States and exploring opportunities in Europe and Asia. The firm completed its initial public offering in 2018 to support the expansion of its manufacturing capacity, research and development efforts, and deployment of AquaRefining modules. Its demonstration plant in McCarran, Nevada, remains the flagship site for validating process efficiency and environmental performance.

Under the leadership of founder and CEO Dr. Steven Cotton, Aqua Metals is guided by a management team with expertise in electrochemistry, industrial manufacturing, and environmental compliance. The company continues to refine its modular design to meet evolving regulatory standards and growing demand for low-carbon recycling solutions in the global battery market.

Key Stats

• Today's Range: $2.51 to $2.78
• 50-Day Range: $2.48 to $4.22
• 52-Week Range: $2.46 to $39.40
• Volume: 83,177 shs
• Average Volume: 164,428 shs
• Market Capitalization: $9.51 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 35% 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 87.3% upside from its current price of $2.67.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Aqua Metals is -0.25, 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 -0.25, 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 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.94% 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 6.2.

Change versus previous month

Short interest in Aqua Metals has recently increased by 28.30%, indicating that investor sentiment is decreasing 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: 3.3 / 5
• News Sentiment: 0.27

News Sentiment

Aqua Metals has a news sentiment score of 0.27. 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 lower news sentiment than the 0.65 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Aqua Metals this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for AQMS on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Aqua Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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: 8/05/2026
• 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) 446-4418
• Fax: N/A
• Employees: 20
• 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: +87.3%
• 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: $2.67 per share
• Price / Book: 1.00

Miscellaneous

• Outstanding Shares: 3,563,000
• Free Float: 3,311,000
• Market Cap: $9.51 million
• Optionable: No Data
• Beta: 0.31