American Battery Technology (NASDAQ:ABAT) Releases Earnings Results, Misses Estimates By $0.10 EPS

American Battery Technology (NASDAQ:ABAT) issued its quarterly earnings results on Monday. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.10), Zacks reports. American Battery Technology had a negative return on equity of 67.17% and a negative net margin of 337.50%.The company had revenue of $8.23 million during the quarter, compared to analysts’ expectations of $8.20 million.

Here are the key takeaways from American Battery Technology’s conference call:

• Recycling revenue rose more than 400% to $21.7 million in fiscal 2026, while cost of goods sold increased about 67%, reflecting improved scale and operational efficiency.
• The recycling business generated its first adjusted gross profit of approximately $1.7 million, compared with a $6.2 million adjusted loss the prior year; operating cash use also declined 16% despite higher throughput.
• ABTC ended the year with about $49.5 million in cash, no long-term debt, and $133 million in total assets, providing funding capacity for planned expansion.
• The company is advancing a second, 100,000-ton-per-year recycling facility supported by a potential $150 million DOE grant, while its Tonopah lithium project moved closer to the full NEPA permitting process after BLM accepted its plan of operations.
• A Commerce Department directive effectively restricts exports of lithium-ion battery black mass; ABTC has requested an exception but has received no final decision and is temporarily storing black mass at its facility.

American Battery Technology Stock Performance

Shares of NASDAQ ABAT opened at $2.24 on Wednesday. The business has a 50 day simple moving average of $2.47 and a 200 day simple moving average of $2.93. American Battery Technology has a 52 week low of $2.00 and a 52 week high of $11.49. The stock has a market cap of $305.56 million, a price-to-earnings ratio of -3.93 and a beta of 0.32.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of American Battery Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, American Battery Technology has an average rating of “Moderate Buy” and an average price target of $6.00.

About American Battery Technology

American Battery Technology Company (NASDAQ: ABAT) is a U.S.-based battery materials company focused on producing and recycling lithium and other materials used in lithium-ion batteries. The company develops technologies intended to support a domestic, circular battery supply chain for electric vehicles, grid storage systems, consumer electronics and other applications.

Its business includes lithium-ion battery recycling, with processes designed to recover battery metals and produce battery-grade materials from end-of-life batteries and manufacturing scrap.