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ADN
Upturn stock rating

Advent Technologies Holdings Inc (ADN)

Upturn stock rating
$3.8
Last Close (24-hour delay)
Profit since last BUY3.26%
upturn advisory
WEAK BUY
BUY since 44 days
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  • SELL Advisory (Loss)​
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

10/15/2025: ADN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -67.67%
Avg. Invested days 34
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 5.59M USD
Price to earnings Ratio -
1Y Target Price 0.45
Price to earnings Ratio -
1Y Target Price 0.45
Volume (30-day avg) -
Beta 0.74
52 Weeks Range 1.71 - 8.79
Updated Date 06/29/2025
52 Weeks Range 1.71 - 8.79
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -11.46

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) 3586.07%

Management Effectiveness

Return on Assets (TTM) -53.72%
Return on Equity (TTM) -1021.66%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 6043914
Price to Sales(TTM) 1.71
Enterprise Value 6043914
Price to Sales(TTM) 1.71
Enterprise Value to Revenue 1.84
Enterprise Value to EBITDA -0.19
Shares Outstanding 2670290
Shares Floating 2359144
Shares Outstanding 2670290
Shares Floating 2359144
Percent Insiders 11.94
Percent Institutions 7.03

ai summary icon Upturn AI SWOT

Advent Technologies Holdings Inc

stock logo

Company Overview

overview logo History and Background

Advent Technologies Holdings Inc. was founded in 2012 and went public in 2021 via a SPAC merger. It focuses on developing, manufacturing, and assembling complete fuel cell systems, electrolyzers, and advanced materials.

business area logo Core Business Areas

  • Fuel Cell Systems: Develops and manufactures high-temperature proton exchange membrane (HT-PEM) fuel cell systems for stationary and portable power applications.
  • Electrolyzers: Develops and manufactures electrolyzer technology for hydrogen production.
  • Advanced Materials: Manufactures membrane electrode assemblies (MEAs) and other critical components for fuel cells and electrolyzers.

leadership logo Leadership and Structure

Dr. Vasilis Gregoriou is the Chairman and CEO. The company has a board of directors overseeing strategic direction and an executive team managing day-to-day operations.

Top Products and Market Share

overview logo Key Offerings

  • SereneU Fuel Cell Systems: Fuel cell systems designed for backup power and off-grid power solutions. Market share data is not publicly available. Competitors include Bloom Energy, Ballard Power Systems, and Plug Power.
  • Ion Pair Membranes: Advanced membrane technology used in fuel cells and electrolyzers. Market share data is not publicly available. Competitors include Gore, 3M, and DuPont.

Market Dynamics

industry overview logo Industry Overview

The fuel cell and hydrogen technology industry is growing, driven by increasing demand for clean energy solutions and government incentives. The industry is competitive, with established players and emerging startups.

Positioning

Advent is positioned as a technology innovator in the HT-PEM fuel cell space, focusing on niche applications and markets. Its competitive advantage lies in its proprietary membrane technology.

Total Addressable Market (TAM)

The total addressable market for fuel cells and electrolyzers is estimated to reach billions of dollars by 2030. Advent is positioned to capture a portion of this market through its technology and partnerships.

Upturn SWOT Analysis

Strengths

  • Proprietary HT-PEM technology
  • Strong intellectual property portfolio
  • Experienced management team
  • Strategic partnerships

Weaknesses

  • Limited commercialization to date
  • Dependence on government funding and incentives
  • Negative cash flow
  • Small size relative to competitors

Opportunities

  • Growing demand for clean energy
  • Government support for hydrogen and fuel cell technologies
  • Expansion into new markets and applications
  • Strategic acquisitions and partnerships

Threats

  • Competition from established players
  • Technological advancements by competitors
  • Changes in government regulations and incentives
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • BLDP
  • PLUG
  • BE

Competitive Landscape

Advent competes with larger, more established companies in the fuel cell industry. Its advantages include its proprietary technology and focus on niche markets. However, it faces challenges in scaling production and competing on price.

Growth Trajectory and Initiatives

Historical Growth: Advent has experienced revenue growth in recent years, driven by increased sales of its fuel cell systems and components.

Future Projections: Analyst estimates suggest continued revenue growth for Advent, driven by increasing demand for its products and expanding market opportunities.

Recent Initiatives: Recent initiatives include strategic partnerships, product development efforts, and expansion into new markets.

Summary

Advent Technologies is a promising clean energy company with innovative fuel cell technology. While the company has demonstrated revenue growth and formed strategic partnerships, it faces challenges in achieving profitability and scaling production. The company's success depends on its ability to commercialize its technology and secure additional funding.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data are estimates and may not be precise.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Advent Technologies Holdings Inc

Exchange NASDAQ
Headquaters Livermore, CA, United States
IPO Launch date 2019-01-23
CEO, Interim CFO & Director Mr. Gary L. Herman
Sector Industrials
Industry Electrical Equipment & Parts
Full time employees 26
Full time employees 26

Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America and Europe. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high temperature proton exchange membrane (HT-PEM) fuel cells; and electrodes for applications in the fuel cell and energy storage markets, as well as membrane electrode assemblies (MEA). It is also involved in the design of fuel cell stacks and complete fuel cell systems for stationary power, portable power, automotive, aviation, energy storage, and sensor markets. Advent Technologies Holdings, Inc. is headquartered in Livermore, California.