AEMETIS INC (AMTX)
Energy · Renewable fuels and renewable natural gas production · NASDAQ
AEMETIS produces low-carbon renewable fuels and renewable natural gas from agricultural waste and byproducts to reduce emissions and create a circular bioeconomy.
What AEMETIS INC does
AEMETIS is a renewable fuels and renewable natural gas company founded in 2006 and headquartered in Cupertino, California. The company operates a 65 million gallon per year ethanol production facility in Keyes, California that produces low-carbon ethanol and animal feed byproducts, and develops California Dairy Renewable Natural Gas operations using anaerobic digesters to convert dairy waste into renewable natural gas for injection into utility pipelines. AEMETIS focuses on commercializing technologies that produce low and negative carbon intensity fuels to reduce greenhouse gas emissions while leveraging agricultural products and wastes.
Themes: Renewable fuels / low-carbon ethanol, Renewable natural gas / biogas, Carbon reduction and climate technology, Agricultural waste valorization, Circular bioeconomy, Carbon capture and sequestration, Greenhouse gas emission reduction
Fundamentals
- Price$2.07 as of 2026-08-21 close
- Market cap$149M as of 2026-08-21
- 1-year return-17.2% 2025-08-21 close $2.50 → 2026-08-21 close $2.07
- P/En/a negative earnings
- Net margin-27.4% as of 2026-08-24
- Gross margin+10.9% as of 2026-08-24
- ROE+76.7% as of 2026-08-24
- Debt / equity133.67 as of 2026-08-24
- Revenue growth (YoY)-1.7% as of 2026-08-24
- Revenue CAGR (3y)-22.5% SEC XBRL
- Beta1.86 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How AMTX compares in its sector
- net profit marginbottom 25% 149 covered Energy peers, as of 2026-08-24
- operating marginbottom 25% 149 covered Energy peers, as of 2026-08-24
- gross marginbottom 10% 142 covered Energy peers, as of 2026-08-24
- return on equitytop 10% 152 covered Energy peers, as of 2026-08-24
- 3-year revenue CAGRbottom 10% 138 covered Energy peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 95 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How AEMETIS INC looks technically
AEMETIS INC (AMTX) is trading 6.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 24 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 68, neither overbought (above 70) nor oversold (below 30). It just made a new 20-day high, its first since 2026-06-09, pushing above its recent trading range. It is 45.5% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 6.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +6.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1.71 | $1.71 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $1.95 | $1.95 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 24 trading days ago — a "death cross", a bearish long-term signal | 24 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 6.1% above | +6.1% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend | 18.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 68, neither overbought (above 70) nor oversold (below 30) | 67.9 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($1.52 to $2.10) — its "stochastic" reading is 95 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 95.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 34 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $3.80 | $3.80 |
|---|---|---|
| From the 52-week high | it is 45.5% below its 52-week high (its highest price of the past year) | -45.5% |
| Above the 52-week low | it is 59.2% above its 52-week low (its lowest price of the past year) | +59.2% |
| Below the 52-week high | it is 45.5% below its highest point of the past year | 45.5% |
| Since a 20-day breakout | it just made a new 20-day high, its first since 2026-06-09, pushing above its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $60.00 (set on 2006-07-12) | $60.00 |
| Given back of the 52-week move | over the past year its closes ranged ($1.32 to $3.66), and it has given back well over two thirds of its rise from last year’s low — 68% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $2.14 to $2.21. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 68.0% |
| From the all-time high | it is 96.5% below its all-time high | -96.5% |
| Nearest price level | it is trading 1.9% above a support level at $2.03 — a price it turned at three times since 2025-01-22, most recently on 2025-09-10. Since 2024-08-21 it has 7 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.9% |
| All-time low | its lowest closing price on record is $0.0875 (set on 2009-03-10) | $0.0875 |
| Above the all-time low | it is 2265.7% above its all-time low | +2,266% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 42nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.135 between its high and its low — about 6.5% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.135 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.36 and $2.01 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.36 – $1.68 – $2.01 |
| Typical daily range (% of price) | its price moves about 6.5% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.5% |
| Stretch from the 200-day average | it is trading 0.9 daily ranges above its 200-day average price (6.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.9 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.18× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a bullish engulfing | 1 session ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 1 session ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +0.5% |
|---|---|---|
| Open gap | it gapped 6.5% above the previous close 11 sessions ago and has not traded back through the level it left behind at 1.55 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +6.5% |
| Gap filled | a 4.7% gap up opened on 2026-07-29 has been "filled" 17 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 17 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +11.29% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 31.2 percentage points (the stock gained 33.5% while the market gained 2.3%) | +31.2% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 11.1 percentage points (the stock lost 8.0% while the market gained 3.1%) | -11.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 29.8 percentage points (the stock gained 40.8% while the market gained 11.1%) | +29.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 37.7 percentage points (the stock lost 17.2% while the market gained 20.5%) | -37.7% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thick, spanning 41.2% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 7% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $2.24 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | -7.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 14% above the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $1.82 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +13.9% |
Price levels it has turned at before
AMTX last closed at $2.07 on 2026-08-21. Since 2024-08-21 it has turned at 7 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $2.03 | Support | 1.9% below the last close | turned there three times · 2025-01-22 to 2025-09-10 |
| $2.17 | Resistance | 4.7% above the last close | turned there five times · 2024-09-05 to 2026-04-17 |
| $2.25 | Resistance | 8.7% above the last close | turned there twice · 2024-10-01 to 2025-11-10 |
| $1.85 | Support | 10.7% below the last close | turned there three times · 2025-05-21 to 2026-07-23 |
| $2.38 | Resistance | 14.9% above the last close | turned there twice · 2025-01-31 to 2025-06-17 |
| $1.61 | Support | 22.2% below the last close | turned there twice · 2025-11-06 to 2025-12-22 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Recent death cross (50-day crossed below 200-day) · Tested and reclaimed 200-day support · Pulled back from the 12-month high · Broke out to a new 20-day high · trendless / choppy (low ADX) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.50 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$13.88 range $2.50 – $28.00; median $12.50
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AMTX
- Consensus EPS estimate-$0.186 next reporting period, as of 2026-08-17
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Volatile commodity prices for feedstock inputs and output products (ethanol, natural gas) could significantly impact margins and profitability.","Dependence on government carbon reduction incentives (LCFS credits, 45Z tax credits, RINs) which are subject to policy changes, appropriations, and regulatory modification.","High debt burden with significant near-term maturities and reliance on refinancing or additional capital raises at acceptable terms, which may be challenging given unprofitability and negative stockholders' equity."]
What changed in the latest 10-Q
AI-assisted comparison of AMTX's 10-Q filed 2026-05-07 against the prior one filed 2025-11-07.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-07) specifies comparison period as 'three months ended March 31, 2026 and 2025' versus older filing's 'three and nine months ended September 30, 2025 and 2024'
- Removed:
- Older filing (2025-11-07) reference to 'Part 1' changed to 'Part I' in newer filing
- Reworded:
- California Dairy RNG segment description changed from 'We currently have twelve operating digesters that receive waste from fifteen dairies' (older) to 'We currently operate twelve digesters that produce biogas from manure waste received from fifteen dairies' (newer)
- MVR system timeline changed from 'expect the system to be operational in the first half of 2026' (older, filed 2025-11-07) to 'expect the system to be operational in 2026' (newer, filed 2026-05-07)
- SAF/RD plant description changed from 'Our SAF/RD production plant is currently designed' (older) to 'We are developing an SAF/RD production plant that is currently designed' (newer)
- Segment note reference formatting changed from 'Note 13 - Segment Information' (older) to 'Note 13 Segment Information' (newer)
- Notes:
- The two filings cover different fiscal periods (Q2 2026 vs Q3 2025), which accounts for some timing-related updates
- Text appears truncated at end of both versions, limiting full comparison
Risk Factors
- Added:
- Added reference to 'federal Section 45Z production tax credits' in forward-looking statements (newer filing 2026-05-07)
- Balance sheet dates changed from September 30, 2025/December 31, 2024 to March 31, 2026/December 31, 2025 (newer filing 2026-05-07)
- Cash and cash equivalents increased from $5,584K to $4,797K (newer filing 2026-05-07)
- Accounts receivable increased from $1,649K to $6,584K (newer filing 2026-05-07)
- Inventories decreased from $4,777K to $10,384K (newer filing 2026-05-07)
- Total current assets increased from $15,554K to $34,687K (newer filing 2026-05-07)
- Property, plant and equipment increased from $209,965K to $222,743K (newer filing 2026-05-07)
- Current portion of long-term debt increased from $266,106K to $293,828K (newer filing 2026-05-07)
- Short-term borrowings increased from $20,609K to $48,802K (newer filing 2026-05-07)
- Total current liabilities increased from $343,365K to $396,246K (newer filing 2026-05-07)
- EB-5 notes decreased from $18,500K to $14,500K (newer filing 2026-05-07)
- Series A preferred units decreased from $131,010K to $128,596K (newer filing 2026-05-07)
- Common shares increased from 65,000 to 69,280 issued and outstanding (newer filing 2026-05-07)
- Accumulated deficit increased from $(634,613)K to $(661,656)K (newer filing 2026-05-07)
- Statement of operations shows three-month periods ended March 31, 2026 and 2025 (newer filing 2026-05-07)
- Removed:
- Removed reference to 'production tax credits' without 'Section 45Z' specification (older filing 2025-11-07)
- Removed 'Senior secured notes and revolving notes' line item of $169,826K from long-term liabilities (older filing 2025-11-07)
- Removed 'Tax credit sale receivable' line item of $12,300K from current assets (older filing 2025-11-07)
- Removed nine-month period comparisons in statement of operations (older filing 2025-11-07)
- Reworded:
- Forward-looking statements changed 'production tax credits' to 'federal Section 45Z production tax credits' (newer filing 2026-05-07)
- Other (income) expense line changed to 'Other income' in statement of operations (newer filing 2026-05-07)
- Notes:
- The two filings cover different quarterly periods (Q1 2026 vs Q3 2025), making some balance sheet and operational comparisons reflect different time periods rather than policy changes
- Financial statement data are substantially different due to the different reporting dates
- Table of contents page numbers changed (Item 1A from page 26 in newer vs page 29 in older)
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($20500) — 1 selling insider
- Last 180 days0 buys · 1 sell ($20500) — 1 selling insider
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-10. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about AMTX's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding AMTX as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,602,170
- Reported value $5,110,924
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AMTX had 8,690,019 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
AMTX had 12.0% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 8.47 days to cover at the same settlement.
- Reported short interest (shares) 8,690,019
- Short interest (% of shares outstanding) 12.0%
- Prior settlement (shares) 7,537,707
- Reported change 15.29%
- Days to cover (reported) 8.47
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Big River Resources
- The Andersons Inc.
- Pacific Ethanol / POET LLC
- Aventine Renewable Energy
- Valero Energy (ethanol segment)
- Energy Transfer (RNG operations)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare AMTX vs…
Frequently asked questions
What does AEMETIS INC (AMTX) do?
AEMETIS is a renewable fuels and renewable natural gas company founded in 2006 and headquartered in Cupertino, California. The company operates a 65 million gallon per year ethanol production facility in Keyes, California that produces low-carbon ethanol and animal feed byproducts, and develops California Dairy Renewable Natural Gas operations using anaerobic digesters to convert dairy waste into renewable natural gas for injection into utility pipelines.
What sector is AEMETIS INC (AMTX) in?
AEMETIS INC (AMTX) is classified in the Energy sector. Its industry is Renewable fuels and renewable natural gas production. It trades on NASDAQ.
Who are AEMETIS INC's (AMTX) competitors?
Notable peers of AEMETIS INC (AMTX) include Big River Resources, The Andersons Inc., Pacific Ethanol / POET LLC, Aventine Renewable Energy and Valero Energy (ethanol segment). This peer set is informational only — not financial advice.
Is AEMETIS INC (AMTX) overbought or oversold right now?
AEMETIS INC (AMTX) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 68, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AMTX come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.