HC Wainwright Issues Positive Estimate for AIRJ Earnings

Montana Technologies Co. (NASDAQ:AIRJ) – Research analysts at HC Wainwright lifted their Q1 2025 EPS estimates for shares of Montana Technologies in a report issued on Thursday, March 27th. HC Wainwright analyst A. Dayal now forecasts that the company will earn ($0.06) per share for the quarter, up from their prior estimate of ($0.07). HC Wainwright has a “Buy” rating and a $12.00 price target on the stock. The consensus estimate for Montana Technologies’ current full-year earnings is $4.97 per share. HC Wainwright also issued estimates for Montana Technologies’ Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.25) EPS, FY2026 earnings at ($0.23) EPS, FY2027 earnings at ($0.20) EPS and FY2028 earnings at ($0.12) EPS.

Montana Technologies (NASDAQ:AIRJ) last issued its quarterly earnings data on Tuesday, March 25th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.16).

Separately, Alliance Global Partners initiated coverage on Montana Technologies in a report on Monday, February 24th. They set a “buy” rating and a $11.00 target price for the company.

Montana Technologies Stock Down 2.8 %

NASDAQ:AIRJ opened at $4.87 on Monday. The company has a market cap of $271.96 million, a PE ratio of 25.63 and a beta of 0.20. The business’s 50 day moving average is $7.77 and its two-hundred day moving average is $7.47. Montana Technologies has a 52 week low of $4.75 and a 52 week high of $21.78.

Hedge Funds Weigh In On Montana Technologies

A number of institutional investors have recently bought and sold shares of AIRJ. Millennium Management LLC purchased a new position in shares of Montana Technologies during the fourth quarter valued at $85,000. Bank of America Corp DE grew its stake in Montana Technologies by 8,851.2% during the 4th quarter. Bank of America Corp DE now owns 11,189 shares of the company’s stock valued at $89,000 after acquiring an additional 11,064 shares in the last quarter. Heritage Financial Services LLC acquired a new position in shares of Montana Technologies in the 4th quarter valued at about $99,000. Jane Street Group LLC purchased a new stake in shares of Montana Technologies in the fourth quarter worth approximately $117,000. Finally, U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Montana Technologies by 19.4% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 18,500 shares of the company’s stock worth $147,000 after purchasing an additional 3,000 shares during the period. Hedge funds and other institutional investors own 63.65% of the company’s stock.

Montana 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.