American Battery Technology Company Common Stock logo

American Battery Technology Company Common Stock(ABAT)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
SELL
SELL for 2 days
PROFIT SINCE LAST BUY
-19.42%
LAST CLOSE
$2.12
09/16/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ABAT

09/16/2026: ABAT (1-star) is a SELL. SELL for 2 days. Simulated Profits (-19.42%). Updated daily EoD!

American Battery Technology Company is an early-stage firm focused on domestic lithium-ion battery recycling and the extraction of critical battery minerals. The company's primary strength lies in its proprietary technology and its strategic alignment with US efforts to secure an independent battery supply chain. While the potential to serve the booming electric vehicle market presents a strong growth opportunity, the company faces significant execution risks, including the challenge of achieving profitable commercial scale and managing high capital expenditures. Investors should monitor production milestones at the Nevada recycling facility, as the stock is highly speculative and best suited for those comfortable with high volatility and limited near-term visibility.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThis is a high-risk growth opportunity dependent on successful commercial scaling.
Momentum investorStrong fit while signal remains positiveThe stock can experience high volatility based on news cycles related to permits and facility milestones.
Value investorWeak fitThe company currently lacks the earnings and cash flow metrics necessary for traditional value analysis.
Dividend investorWeak fitThe company does not pay dividends and has no current plans to do so.
Low-risk investorWeak fitThe company's developmental stage and industry sector involve significant capital and execution risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock price is highly sensitive to speculative news and sector sentiment.
Valuation riskHighCurrent valuations are based on future potential rather than existing tangible financial returns.
Competition risk (Battery recycling/Mining)Medium / highEstablished players and well-funded peers threaten market share gains.
Business qualityMediumThe company is still in the process of proving its operational and technological viability.
Dividend incomeLow / noneThe business model is capital-intensive and focused on growth, not income distribution.
Execution riskHighScaling complex industrial recycling and mining operations involves substantial operational challenges.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit -37.5%
Avg. Invested days 16
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/16/2026

Upturn Scorecard

Upturn Star Rating

ABAT receives a 2-star rating, supported by available scored pillars. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

ABAT has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and moderate ownership. In FY2026 versus FY2025, strong revenue growth (+406.8%) is partially offset by negative earnings growth (-56.9%), soft cash generation (FCF margin -111.2%), soft profitability (net margin -337.5%).

Financial Health Rating

ABAT's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 41.1%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

Revenue growth is ABAT's strongest growth driver at +406.8% FY2026 versus FY2025 (strong, 5 stars). By comparison, free-cash-flow growth (+23.1%, solid) is also solid, while earnings growth (-56.9%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 38.6% and approximately 96.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 4.60% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.45%
State Street Corp 7.29%
Vanguard Capital Management, LLC 4.07%
Millennium Management LLC 2.91%
Geode Capital Management, LLC 2.22%

Unit Economics (Per $1K Revenue)

ABAT generates approximately $-142 of gross profit, $-3,436 of operating income, and $-1,112 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 0.00%

Quantitative Style Profile

ABAT has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 319.37M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 3.2M shares
Beta 1.25
52 Weeks Range 2.00 - 11.49
Updated Date 09/16/2026
52 Weeks Range 2.00 - 11.49
Updated Date 09/16/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.55

How Company Makes Money

Business areaWhat it includesRetail investor read
Battery RecyclingProcessing spent lithium-ion batteries to recover and sell black mass or refined battery-grade metal salts.Revenue depends on the volume and efficiency of recycling batteries.
Resource DevelopmentExtraction and processing of lithium from claystone projects.Potential long-term value from mining commodities used in EVs.
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Valuation

Trailing PE -
Forward PE 37.74
Enterprise Value 287.15M
Price to Sales(TTM) 14.69
Enterprise Value 287.15M
Price to Sales(TTM) 14.69
Enterprise Value to Revenue 13.21
Enterprise Value to EBITDA -105.17
Shares Outstanding 142.58M
Shares Floating 137.23M
Shares Outstanding 142.58M
Shares Floating 137.23M
Percent Insiders 4.6
Percent Institutions 38.62

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About American Battery Technology Company Common Stock

Exchange NASDAQ
Headquarters Reno, NV, United States
IPO Launch date 2023-09-21
CEO, CTO & Director Mr. Ryan Mitchell Melsert C.F.A.
Sector Industrials
Industry Waste Management
Full time employees 191
Full time employees 191

American Battery Technology Company operates as a battery materials company in the United States. It explores critical minerals, such as lithium, nickel, cobalt, manganese, copper, aluminum, and graphite. The company also involved in the the development and commercialization of new technologies for the extraction of these critical minerals; and commercialization of an internally developed integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation and changed its name to American Battery Technology Company in August 2021. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.