Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
American Battery Technology Co. Market Cap
From what 0 stock analysts predict, the share price for American Battery Technology Co. (ABAT) might increase by 665.31% in the next year. This is based on a 12-month average estimation for ABAT. Price targets go from $6 to $9. The majority of stock analysts believe ABAT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
ABAT is a stock in Basic Materials which has been forecasted to be worth $7.5 as an average. On the higher end, the forecast price is $9 USD by from and on the lower end ABAT is forecasted to be $6 by from Northland Capital Markets.
These are the latest 20 analyst ratings of ABAT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Northland Capital Markets | Outperform | $6 | Initiates | Mar 27, 2024 |
| Jake Sekelsky Alliance Global Partners | Buy | $3.5 | Initiates | Jun 21, 2021 |
When did it IPO
2016
Staff Count
96
Country
United States
Sector/Industry
Basic Materials/Other Industrial Metals & Mining
CEO
Mr. Ryan Mitchell Melsert
Market Cap
$71.0M
In 2023, ABAT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ABAT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 23 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (NASDAQ: ABAT) secured a $150 million grant from the U.S. Department of Energy to build a lithium-ion battery recycling facility, enhancing North America's battery supply chain.
Why It Matters - The expansion of American Battery Technology Company and the $150 million federal grant signal strong support for the lithium-ion battery sector, enhancing growth prospects and investor confidence in clean energy investments.
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (ABTC) reported first revenue from recycled lithium-ion battery products, marking a significant milestone for its fiscal year 2024.
Why It Matters - ABTC's first revenue from recycled lithium-ion battery products signals market validation and growth potential, highlighting the company's role in the expanding battery supply chain and sustainability efforts.
Mon, 26 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (ABAT) appointed Steven Wu as COO to enhance commercialization and build a resilient North American battery metals supply chain.
Why It Matters - The appointment of Steven Wu as COO signals a focus on scaling operations and enhancing supply chain resilience, crucial for ABAT's growth and competitiveness in the battery materials market.
Wed, 10 Jul 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (ABTC) has signed a binding purchase agreement for its recycled black mass material, enhancing the North American battery metals supply chain and reducing reliance on Asian markets.
Why It Matters - ABTC's milestone enhances its position in the battery supply chain, securing domestic sales of recycled materials, which could boost profitability and reduce reliance on Asian markets.
Fri, 21 Jun 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (NASDAQ: ABAT) hosted DOE Secretary Jennifer Granholm at its lithium-ion battery recycling facility, following its successful lithium hydroxide manufacturing from a new plant.
Why It Matters - The visit from the DOE Secretary highlights government support for ABTC, boosting credibility and potential funding, which could enhance investor confidence and drive stock performance.
Tue, 18 Jun 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Battery Technology Company (NASDAQ: ABAT) successfully manufactured demonstration-scale lithium hydroxide from its Tonopah Flats Lithium Project, advancing U.S. supply chain efforts and supporting future commercial agreements.
Why It Matters - American Battery Technology Company's successful production of lithium hydroxide from domestic resources reduces foreign dependency, paving the way for long-term contracts and strengthening the U.S. battery supply chain.
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