Is Acorn Energy, Inc. Common Stock (ACFN) overvalued? · P/E 22, rev $11.0M
Acorn Energy, Inc. Common Stock (ACFN) is a scientific & technical instruments company listed on NASDAQ.
This page asks whether Acorn Energy, Inc. Common Stock (ACFN) looks expensive on cached numbers — not a short thesis.
Latest reported ACFN revenue for 2024-12-31 was $11.0M. Net income was $6.3M. Revenue was up 36.3% from 2023-12-31 to 2024-12-31. ACFN currently screens at market cap $43.0M and trailing P/E 22.3.
ACFN currently screens at market cap $43.0M and trailing P/E 22.3. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ACFN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ACFN stock page for the full model, not this heading.
Not investment advice.