AQMSIndustrials · Waste ManagementThe 1 Wall Street analysts covering Aqua Metals, Inc. hold a median 12-month price target of $5 — +78.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 8 of 100 as at 22 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Aqua Metals, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Size (92): Smaller than most of the companies we track.
Value (2): The shares cost a lot relative to the profits and assets behind them.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on AQMS, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +78.6% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 July 2026 | Benchmark | Maintains | Speculative Buy | $12 → $5.00 |
| 23 Oct 2025 | Benchmark | Maintains | Speculative Buy | — |
| 23 Oct 2025 | Benchmark | Maintains | Speculative Buy | $7.00 → $12 |
| 2 Apr 2025 | Benchmark | Reiterates | Speculative Buy | — |
| 6 Aug 2024 | Benchmark | Maintains | Speculative Buy | — |
| 6 Aug 2024 | HC Wainwright & Co. | Maintains | Buy | — |
| 16 May 2024 | Benchmark | Reiterates | Buy | — |
| 16 May 2024 | HC Wainwright & Co. | Reiterates | Buy | — |
| 28 Mar 2024 | Benchmark | Reiterates | Speculative Buy | — |
| 28 Mar 2024 | HC Wainwright & Co. | Reiterates | Buy | — |
| 15 Mar 2024 | Benchmark | Initiates | Speculative Buy | — |
| 10 Aug 2023 | HC Wainwright & Co. | Reiterates | Buy | — |
| 10 Aug 2023 | Oppenheimer | Downgrade | Perform | — |
| 5 Mar 2021 | HC Wainwright & Co. | Initiates | Buy | — |
| 3 Dec 2019 | Alliance Global Partners | Downgrade | Hold | — |
| 22 June 2017 | Rodman & Renshaw | Initiates | Buy | — |
| 16 Feb 2017 | National Securities | Initiates | Buy | — |
| 16 Feb 2017 | National Securities Corporation | Initiates | Buy | — |
| 22 Oct 2015 | Oppenheimer | Initiates | Outperform | — |
| 21 Oct 2015 | Oppenheimer | Initiates | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AQMS appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 78% of US stocks
Cheaper than 73% of US stocks
Cheaper than 63% of US stocks
Higher than 32% of US stocks
Higher than 30% of US stocks
Higher than 7% of US stocks
Higher than 3% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Aqua Metals, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Aqua Metals held its Q2 2026 earnings call, and Seeking Alpha published the transcript of that event.
Why it matters — AQMS watchers would care because the earnings call transcript provides management's direct commentary on the company's financial results and strategic outlook.
Aqua Metals reported its second quarter 2026 results and provided an update on its phased commercialization plan for the Headwaters ARC, which is designed to establish domestic processing capacity for the fast-growing LFP critical minerals processing market.
Why it matters — AQMS watchers would care because the update on the Headwaters ARC staged commercialization plan signals the company's progress toward establishing domestic processing capacity in the growing LFP critical minerals market.
The 1 Wall Street analysts covering Aqua Metals, Inc. have a median 12-month price target of $5, with estimates ranging from $5 to $5. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 1 analysts covering Aqua Metals, Inc., 1 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Aqua Metals, Inc. 8 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, Aqua Metals, Inc. ranks 8 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (92 of 100).
No one can know that. What the data says: the median 12-month target from 1 analysts implies +78.6% from the last close, and Ticker Nerd's factor model ranks Aqua Metals, Inc. 8 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Aqua Metals, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AQMS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $5 to $5 over the next 12 months.
Aqua Metals, Inc. returned -22.2% over the 12 months to 24 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Aqua Metals, Inc. is an industrial company specializing in sustainable metals recycling through its patented AquaRefining technology.
The most recent item we track (Seeking Alpha, 30 July 2026): "Aqua Metals, Inc. (AQMS) Q2 2026 Earnings Call Transcript". Aqua Metals held its Q2 2026 earnings call, and Seeking Alpha published the transcript of that event.
Aqua Metals, Inc. is an industrial company specializing in sustainable metals recycling through its patented AquaRefining technology. Unlike traditional smelting processes, AquaRefining uses a room-temperature, water-based electrochemical process that significantly reduces pollution and hazardous chemical exposure. The company applies this technology primarily to lithium-ion battery recycling and battery material refining, producing ultra-pure metals suitable for battery manufacturing and advanced industrial applications. Aqua Metals offers its services through modular Aqualyzers equipment, direct recycling operations, and licensing agreements with recyclers globally. The company's technology enables closed-loop metal recovery with competitive economics while eliminating the high-temperature furnaces and emissions associated with conventional refining. Headquartered in Reno, Nevada, Aqua Metals serves the rapidly expanding energy storage and electric vehicle sectors, positioning itself as a leader in clean metals recycling and critical mineral supply chain development.
CEO Mr. Stephen Cotton · 11 employees · United States · https://www.aquametals.com