AirJoule Technologies Corporation (NASDAQ:AIRJ – Get Free Report) shot up 20.1% during mid-day trading on Monday . The company traded as high as $5.16 and last traded at $5.08. Approximately 2,330,674 shares traded hands during trading, an increase of 151% from the average session volume of 927,604 shares. The stock had previously closed at $4.23.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. B. Riley Financial started coverage on shares of AirJoule Technologies in a research note on Thursday, April 30th. They issued a “buy” rating and a $6.00 target price on the stock. HC Wainwright restated a “buy” rating and set a $12.00 price target on shares of AirJoule Technologies in a research note on Monday, May 18th. Weiss Ratings raised shares of AirJoule Technologies from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, May 18th. Finally, Seaport Research Partners began coverage on AirJoule Technologies in a research note on Friday, May 8th. They issued a “buy” rating and a $7.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, AirJoule Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $8.25.
View Our Latest Research Report on AirJoule Technologies
AirJoule Technologies Stock Performance
AirJoule Technologies (NASDAQ:AIRJ – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.74) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.68). As a group, sell-side analysts expect that AirJoule Technologies Corporation will post -0.14 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Vident Advisory LLC purchased a new position in AirJoule Technologies in the 4th quarter valued at approximately $1,849,000. Geode Capital Management LLC lifted its position in shares of AirJoule Technologies by 111.1% during the second quarter. Geode Capital Management LLC now owns 517,203 shares of the company’s stock worth $2,395,000 after acquiring an additional 272,253 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of AirJoule Technologies by 417.1% during the fourth quarter. Renaissance Technologies LLC now owns 287,500 shares of the company’s stock worth $1,133,000 after acquiring an additional 231,900 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of AirJoule Technologies by 160.9% in the fourth quarter. Marshall Wace LLP now owns 314,948 shares of the company’s stock worth $1,241,000 after acquiring an additional 194,212 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of AirJoule Technologies in the first quarter worth $482,000. 63.65% of the stock is currently owned by hedge funds and other institutional investors.
AirJoule Technologies Company Profile
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.
Featured Stories
- Five stocks we like better than AirJoule Technologies
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for AirJoule Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AirJoule Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
