Montana Technologies (AIRJ) to Release Earnings on Monday

Montana Technologies (NASDAQ:AIRJ) is projected to announce its Q1 2025 earnings results after the market closes on Monday, May 12th. Analysts expect Montana Technologies to post earnings of ($0.06) per share for the quarter.

Montana Technologies (NASDAQ:AIRJ) last announced its earnings results on Tuesday, March 25th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.16). On average, analysts expect Montana Technologies to post $5 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Montana Technologies Stock Up 0.4 %

Shares of NASDAQ AIRJ opened at $4.67 on Friday. Montana Technologies has a 12-month low of $4.24 and a 12-month high of $21.78. The firm’s 50-day simple moving average is $5.74 and its 200 day simple moving average is $7.20. The company has a market cap of $261.51 million, a price-to-earnings ratio of 24.58 and a beta of 0.49.

Wall Street Analysts Forecast Growth

AIRJ has been the subject of a number of research reports. Alliance Global Partners initiated coverage on shares of Montana Technologies in a report on Monday, February 24th. They issued a “buy” rating and a $11.00 price target for the company. HC Wainwright reissued a “buy” rating and issued a $12.00 target price on shares of Montana Technologies in a research note on Thursday, March 27th.

Institutional Investors Weigh In On Montana Technologies

An institutional investor recently raised its position in Montana Technologies stock. Bank of America Corp DE lifted its position in Montana Technologies Co. (NASDAQ:AIRJ) by 8,851.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,189 shares of the company’s stock after acquiring an additional 11,064 shares during the period. Bank of America Corp DE’s holdings in Montana Technologies were worth $89,000 at the end of the most recent quarter. 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.