What is HC Wainwright’s Forecast for AIRJ FY2030 Earnings?

AirJoule Technologies Corporation (NASDAQ:AIRJ) – Equities researchers at HC Wainwright increased their FY2030 EPS estimates for AirJoule Technologies in a research report issued to clients and investors on Monday, August 17th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings per share of $0.32 for the year, up from their prior estimate of $0.25. HC Wainwright currently has a “Buy” rating and a $12.00 target price on the stock. The consensus estimate for AirJoule Technologies’ current full-year earnings is ($0.14) per share.

A number of other research analysts have also commented on AIRJ. UBS Group set a $10.00 price target on shares of AirJoule Technologies in a research report on Monday. Seaport Research Partners started coverage on AirJoule Technologies in a research report on Friday, May 8th. They issued a “buy” rating and a $7.00 price objective on the stock. B. Riley Financial lifted their price objective on AirJoule Technologies from $6.00 to $8.00 and gave the company a “buy” rating in a research note on Monday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of AirJoule Technologies in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $9.50.

AirJoule Technologies Price Performance

NASDAQ AIRJ opened at $5.81 on Tuesday. The company’s 50 day simple moving average is $4.76 and its two-hundred day simple moving average is $3.91. AirJoule Technologies has a 1 year low of $2.22 and a 1 year high of $6.75. The stock has a market capitalization of $420.64 million, a PE ratio of -4.47 and a beta of 0.86.

AirJoule Technologies (NASDAQ:AIRJ) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.04).

Hedge Funds Weigh In On AirJoule Technologies

A number of institutional investors have recently made changes to their positions in AIRJ. Raymond James Financial Inc. purchased a new stake in shares of AirJoule Technologies during the 2nd quarter valued at $31,000. Group One Trading LLC purchased a new position in AirJoule Technologies in the second quarter worth $42,000. Fagan Associates Inc. bought a new position in AirJoule Technologies in the fourth quarter valued at $46,000. Abel Hall LLC bought a new position in AirJoule Technologies in the fourth quarter valued at $46,000. Finally, Invesco Ltd. purchased a new stake in AirJoule Technologies during the second quarter valued at about $50,000. Institutional investors own 63.65% of the company’s stock.

About AirJoule Technologies

Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.