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AEAE
Upturn stock ratingUpturn stock rating

Altenergy Acquisition Corp (AEAE)

Upturn stock ratingUpturn stock rating
$11.08
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

03/05/2025: AEAE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 11.61%
Avg. Invested days 149
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 76.04M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.03
52 Weeks Range 10.92 - 12.64
Updated Date 04/2/2025
52 Weeks Range 10.92 - 12.64
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.4

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -11.85%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 78357613
Price to Sales(TTM) -
Enterprise Value 78357613
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -9.65
Shares Outstanding 6238150
Shares Floating 738156
Shares Outstanding 6238150
Shares Floating 738156
Percent Insiders 88.17
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Altenergy Acquisition Corp

stock logo

Company Overview

overview logo History and Background

Altenergy Acquisition Corp was a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It appears to have completed its merger.

business area logo Core Business Areas

  • SPAC: Altenergy Acquisition Corp's core business was identifying and merging with a company in the alternative energy sector.

leadership logo Leadership and Structure

Information on Altenergy Acquisition Corp's leadership team and structure are no longer relevant as a SPAC as it completed the merger process. Publicly available information of the merged entity should be consulted to understand current leadership and organizational structure

Top Products and Market Share

overview logo Key Offerings

  • SPAC: Altenergy Acquisition Corp did not have its own products or services but was to facilitate a combination with an existing operating company. The combined entity's products/services would be the key offerings.

Market Dynamics

industry overview logo Industry Overview

The industry in which Altenergy Acquisition Corp aimed to operate (alternative energy) is characterized by high growth potential, driven by increasing environmental awareness, government incentives, and technological advancements. However, it is also highly competitive and subject to regulatory changes.

Positioning

As a SPAC, Altenergy Acquisition Corp's positioning was primarily in the financial market as an investment vehicle rather than within the alternative energy sector itself. Its competitive advantage would have depended on its ability to identify and secure a merger with a high-growth, promising alternative energy company.

Total Addressable Market (TAM)

The total addressable market for the alternative energy sector is substantial and continually growing, projected to reach trillions of dollars globally. Altenergy's positioning with respect to the TAM depended on the target company it merged with.

Upturn SWOT Analysis

Strengths

  • Access to capital through public markets
  • Experienced management team (during SPAC phase)
  • Flexibility in deal structure (during SPAC phase)

Weaknesses

  • Reliance on finding a suitable merger target
  • Dilution of shareholder value through SPAC structure
  • Potential for misalignment of incentives between SPAC sponsors and public shareholders

Opportunities

  • Growing demand for alternative energy solutions
  • Government support for renewable energy projects
  • Technological advancements in the alternative energy sector

Threats

  • Intense competition in the alternative energy industry
  • Regulatory changes affecting the alternative energy sector
  • Economic downturn impacting investment in alternative energy

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

Competitive landscape depends on the target company Altenergy acquired. The merged company's advantages and disadvantages compared to its competitors in the acquired company's sector should be analyzed.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth trajectory of Altenergy as a SPAC depended on the ability to find a high-growth target. Future growth depends on the performance of the merged entity.

Future Projections: Future projections depend on the performance and outlook for the merged operating company. Analyst estimates for that combined company should be considered.

Recent Initiatives: Recent strategic initiatives would pertain to the merged operating company.

Summary

Altenergy Acquisition Corp was a SPAC designed to merge with an operating company in the alternative energy sector. Analyzing it as a SPAC after a merger is not useful. The important consideration is the financial strength and strategic positioning of the company that Altenergy merged with. Any new financials and announcements should be investigated to get the true picture of the future viability of the new combined entity.

Similar Companies

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Outlets
  • Company Press Releases

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. The analysis is primarily relevant to the companyu2019s SPAC stage. Post-merger analysis would require specific knowledge of the merged entity.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Altenergy Acquisition Corp

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2021-12-13
Chairman & CEO Mr. Russell M. Stidolph
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

AltEnergy Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

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