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: $0.88 to $0.99
• 50-Day Range: $0.80 to $1.11
• 52-Week Range: $0.80 to $2.70
• Volume: 27,535 shs
• Average Volume: 32,074 shs
• Market Capitalization: $30.44 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Research Frontiers Stock Analysis - MarketRank™

Research Frontiers scored higher than 1% of companies evaluated by MarketBeat, and ranked 623rd out of 626 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: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

Research Frontiers has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Research Frontiers has only been the subject of 1 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 Research Frontiers is -14.60, 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 -14.60, 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 29.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.05% 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 12.95, which indicates bearish sentiment.

Change versus previous month

Short interest in Research Frontiers has recently decreased by 0.90%, 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.

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.

Search Interest

Only 4 people have searched for REFR on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

Company Ownership

• Score: 0.4 / 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

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

Percentage Held by Institutions

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 $1.31 at the start of the year. Since then, REFR shares have decreased by 33.1% and is now trading at $0.8760.

How were Research Frontiers' earnings last quarter?

Research Frontiers Incorporated (NASDAQ:REFR) issued its earnings results on Thursday, March, 5th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The technology company had revenue of $0.07 million for the quarter. Research Frontiers had a negative net margin of 182.60% and a negative trailing twelve-month return on equity of 122.96%.
Read the conference call transcript.

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), NGL Energy Partners (NGL), Blackstone (BX).

Company Calendar

• Last Earnings: 3/05/2026
• Today: 5/06/2026
• Next Earnings (Estimated): 5/07/2026
• Fiscal Year End: 12/31/2026

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): ($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$2.05 million
• Net Margins: -182.60%
• Pretax Margin: -182.52%
• Return on Equity: -122.96%
• Return on Assets: -68.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.84
• Quick Ratio: 3.84

Sales & Book Value

• Annual Sales: $1.12 million
• Price / Sales: 27.18
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.03 per share
• Price / Book: 29.20

Miscellaneous

• Outstanding Shares: 34,750,000
• Free Float: 32,489,000
• Market Cap: $30.44 million
• Optionable: Optionable
• Beta: 0.54