HC Wainwright Issues Pessimistic Estimate for AIRJ Earnings

Montana Technologies Co. (NASDAQ:AIRJ) – Investment analysts at HC Wainwright decreased their Q2 2025 earnings estimates for Montana Technologies in a report issued on Wednesday, May 14th. HC Wainwright analyst A. Dayal now expects that the company will earn ($0.09) per share for the quarter, down from their prior estimate of ($0.06). HC Wainwright currently 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’ Q3 2025 earnings at ($0.09) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.29) EPS, FY2026 earnings at ($0.32) EPS, FY2027 earnings at ($0.29) EPS and FY2028 earnings at ($0.20) EPS.

Separately, Alliance Global Partners started coverage on shares of Montana Technologies in a research note on Monday, February 24th. They issued a “buy” rating and a $11.00 price target on the stock.

Montana Technologies Stock Down 1.8%

Shares of Montana Technologies stock opened at $4.42 on Friday. The firm has a market capitalization of $247.51 million, a P/E ratio of 6.05 and a beta of 0.49. Montana Technologies has a 52 week low of $4.24 and a 52 week high of $21.78. The firm’s 50 day moving average is $5.43 and its two-hundred day moving average is $7.14.

Montana Technologies (NASDAQ:AIRJ) last announced its quarterly earnings results on Monday, May 12th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.04.

Hedge Funds Weigh In On Montana Technologies

A number of hedge funds have recently modified their holdings of AIRJ. Heritage Financial Services LLC purchased a new position in shares of Montana Technologies during the fourth quarter worth approximately $99,000. U.S. Capital Wealth Advisors LLC grew its position 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 acquiring an additional 3,000 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Montana Technologies by 72.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 120,219 shares of the company’s stock worth $958,000 after acquiring an additional 50,486 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Montana Technologies by 26.3% during the fourth quarter. Geode Capital Management LLC now owns 236,349 shares of the company’s stock worth $1,883,000 after acquiring an additional 49,244 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Montana Technologies during the fourth quarter worth approximately $811,000. 63.65% of the stock is currently owned by hedge funds and other institutional investors.

About Montana Technologies

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.