Research Frontiers (REFR) Stock Price, News & Analysis

Company Overview

Research Frontiers Inc. (NASDAQ:REFR) is a materials science company specializing in the development and licensing of its proprietary SPD-Smart™ light control film. This patented Suspended Particle Device technology enables electronic tinting of glass to provide variable light transmission, glare reduction and solar heat management. SPD-Smart films are designed for integration into architectural windows, automotive sunroofs and skylights, as well as aerospace and specialty applications.

The company’s core business model revolves around licensing its SPD technology and supplying the functional film to manufacturing partners. Licensees incorporate SPD-Smart film into their glass and glazing systems, creating smart windows for commercial buildings under brands such as Saint-Gobain’s SageGlass, and sunroofs for automotive OEMs and Tier 1 suppliers worldwide. By switching rapidly between clear and shaded states, these products deliver energy efficiency benefits and enhance occupant comfort.

Founded in 1965 and headquartered in Easton, Pennsylvania, Research Frontiers maintains a robust intellectual property portfolio covering multiple generations of SPD formulations and device architectures. The company’s research and development efforts emphasize improving film durability, scaling production processes and expanding light control capabilities to meet the evolving requirements of modern architecture and transportation markets.

Through strategic partnerships across North America, Europe and Asia, Research Frontiers is commercializing its SPD-Smart technology at scale. Collaborations with glass manufacturers, automotive suppliers and specialty converters aim to accelerate adoption of electronically switchable glass solutions that support sustainability goals and offer design flexibility. Ongoing initiatives include developing higher-clarity films, integrating advanced digital controls and exploring new smart building and mobility opportunities.

Key Stats

• Today's Range: $1.37 to $1.45
• 50-Day Range: $1.25 to $1.84
• 52-Week Range: $0.93 to $2.33
• Volume: 20,200 shs
• Average Volume: 34,073 shs
• Market Capitalization: $46.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Research Frontiers Stock Analysis - MarketRank™

Research Frontiers scored higher than 1% of companies evaluated by MarketBeat, and ranked 653rd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Research Frontiers.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of Research Frontiers is -28.00, 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 Research Frontiers is -28.00, 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

Research Frontiers has a P/B Ratio of 17.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.98% of the float of Research Frontiers has been sold short.

Short Interest Ratio / Days to Cover

Research Frontiers has a short interest ratio ("days to cover") of 9.

Change versus previous month

Short interest in Research Frontiers has recently decreased by 3.01%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Research Frontiers does not currently pay a dividend.

Dividend Growth

Research Frontiers does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.98% of the float of Research Frontiers has been sold short.

Short Interest Ratio / Days to Cover

Research Frontiers has a short interest ratio ("days to cover") of 9.

Change versus previous month

Short interest in Research Frontiers has recently decreased by 3.01%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Research Frontiers this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 6.50% of the stock of Research Frontiers is held by insiders.

Percentage Held by Institutions

Only 11.91% of the stock of Research Frontiers is held by institutions.

REFR Stock Analysis - Frequently Asked Questions

How have REFR shares performed this year?

Research Frontiers' stock was trading at $1.71 at the start of the year. Since then, REFR stock has decreased by 18.1% and is now trading at $1.40.

How were Research Frontiers' earnings last quarter?

Research Frontiers Incorporated (NASDAQ:REFR) released its quarterly earnings data on Thursday, August, 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The technology company earned $0.13 million during the quarter. Research Frontiers had a negative trailing twelve-month return on equity of 72.81% and a negative net margin of 143.78%.
Read the conference call transcript.

Who are Research Frontiers' major shareholders?

Top institutional shareholders of Research Frontiers include Kingsview Wealth Management LLC (0.47%) and Raymond James Financial Inc. (0.12%). Insiders that own company stock include Alexander Kaganowicz and Darryl Daigle.
View institutional ownership trends.

How do I buy shares of Research Frontiers?

Shares of REFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Research Frontiers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Research Frontiers investors own include Energy Transfer (ET), Microvision (MVIS), Plug Power (PLUG), iBio (IBIO), NGL Energy Partners (NGL), Onconova Therapeutics (ONTX) and Blackstone (BX).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 9/22/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Trading
• Current Symbol: NASDAQ:REFR
• CIK: 793524
• Web: www.smartglass.com
• Phone: (516) 364-1902
• Fax: 516-364-3798
• Employees: 6
• Year Founded: 1965

Profitability

• EPS (Trailing Twelve Months): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$1.31 million
• Net Margins: -143.78%
• Pretax Margin: -143.67%
• Return on Equity: -72.81%
• Return on Assets: -50.27%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.04
• Quick Ratio: 7.04

Sales & Book Value

• Annual Sales: $1.34 million
• Price / Sales: 35.91
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.08 per share
• Price / Book: 17.88

Miscellaneous

• Outstanding Shares: 33,650,000
• Free Float: 31,461,000
• Market Cap: $48.12 million
• Optionable: Optionable
• Beta: 0.24