Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a pre-revenue company: Net cash floor and Analyst consensus.
ACCE opinionAquaBounty Technologies Inc. Common Stock (AQB)
Fair value
Not available
ACCE price target
$0.60
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $1.11 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus and Net cash floor.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
26
out of 100
Analysts
0% buy
1 covering
P/E
0.0x
forward 0.0x
1-year return
-27.9%
Dividend yield
0.00%
AquaBounty Technologies Inc. Common Stock in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
AquaBounty Technologies grows genetically engineered Atlantic salmon in land-based recirculating farms, selling fish under its AquAdvantage brand, with its main production site in Indiana and a smaller one in Canada. The case for a closer look is thin: revenue fell 93.5% year over year, gross margin sits at -789%, and ROE is -50.2%, so the business is currently shrinking and losing money on every fish it sells. The company's pitch rests on land-based farming insulating it from ocean disease, sea lice and climate risk, and on regulatory clearance for its salmon, but none of that is visible in the reported economics yet. At a $6M market cap with no index membership and a score of 26/100, the question for a portfolio manager is whether a restructuring or a successful scale-up is credible enough to justify the work, and on current figures that bar has not been met.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
severe
Negative FCF and collapsing revenue
Free cash flow is $-8.7M against a $5M market cap, and revenue is down 93.5% year over year with gross margin at -789%. Cash burn of this size relative to equity value raises going-concern questions.
high
Negative equity and leverage
Debt/Equity is -1.86, meaning liabilities exceed assets. ROE of -50.2% shows losses are eroding the capital base.
moderate
Price above model fair value
The $1.10 price sits above the ACCE fair value of $0.60 (range $0.30 to $1.03), and the score slipped from 28 to 26 over 90 days.
AI research notes
AI-assisted·How I use AIWritten Oct 16, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Over five years, revenue has grown by an average of 168.6% per year, showing the business has expanded rapidly from a small base.
Earnings per share came in exactly as expected, with an EPS of -0.88 against an expected -0.88 in the latest report.
The diluted share count rose only 0.4% last fiscal year, so existing shareholders have not been heavily diluted.
Why it could disappoint
Revenue fell 93.5% year over year in the latest 10-Q, a sharp contraction in the core business.
Free cash flow over the last twelve months was negative $9M, so the business is consuming cash rather than generating it.
Analysts' mean price target of $1.00 sits 9.1% below the $1.10 share price, and only 0% of covering analysts rate it Buy.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 27, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
Walk me through this stock
Plain-English pros, cons, and what to watch. Pro feature.
PRO
Ask ACCE
Valuation
INVESTOR
Where AQB's valuation models land
Price
$1.11
Model fair valueConfidence: low
about $0.76
Model
Fair value
Upside
Analyst consensus
Net cash floor
Create a free account: 5 full stock pages a month, no card.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
+A plain reason under every score
+Conviction breakdown and growth / value / quality / momentum scores