AIRJ
AirJoule Technologies Corporation

AirJoule Technologies CorporationAIRJ

Industrials · Building Products & Equipment
2.38USD
+13.33%
Nov 09, 2026
AIRJ overview ready
Onsite Water Generation and Waste Heat Utilization Systems for Data Centers
AIRJ provides a potential onsite water-generation and waste-heat-utilization system for data-center campuses, rather than core server, electrical-distribution, or liquid-cooling hardware.
Theme not measured
Atmospheric Water Technology has no leadership state this session.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Low free cash flow yield
Free cash flow yield is weak.
Primary risk
Technology adoption risk in competitive data center infrastructure market.
Market Nov 6Price action Nov 8Research Jul 29

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction1.4BusinessPerformance—BusinessQuality—Valuation3.5ThemeMomentum—A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Atmospheric Water Technology — Atmospheric Water Technology has no priced members this session — no leadership state
Its economic family, Industrials & Infrastructure, reads Improving (+8.8pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$179.4M
Avg Volume (60D)
897.3K
60 sessions
Free Cash Flow Yield
-2.2%
Distance from 200DMA
-38.3%
Next Earnings
2026-11-12
P/E
N/M
Market metrics as of Nov 8, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthNot enough data
—
— in Q2 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthTurned to a loss
-$8.5M
Net income -$8.5M. No comparable quarterly EPS is available.
Not enough comparable diluted EPS quarters for a YoY sequence.
Operating marginNot enough data
—
No year-ago comparison

Business Quality

Not assessed

Not assessed yet — too few fiscal years of filings are on record.

Fundamentals & Valuation

Both valuation perspectives agree this company is cheap. The published stance is held at fair because no positive free cash flow behind the low multiple.
AirJoule Technologies Corporation has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced. The business shows a net cash position, set against negative free cash flow.

What changed

  • AIRJ rose 13.6% in one session
    AIRJ closed +13.6% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
AIRJ provides a potential onsite water-generation and waste-heat-utilization system for data-center campuses, rather than core server, electrical-distribution, or liquid-cooling hardware. The exposure is adjacent rather than pure-play: the company sells into the same demand, alongside a broader business.
Opportunity
Moderate opportunity
Data-center operators' need to secure, recycle, reduce, or locally generate water and recover low-grade heat so high-density campuses can be developed and operated in water-constrained regions.
Key risk
Technology adoption risk in competitive data center infrastructure market.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Building Products & Equipment
What they do

AirJoule Technologies Corporation develops and sells atmospheric renewable energy and water harvesting systems that generate water from air and recover waste heat, primarily targeting industrial and data center applications.

How it earns

The company generates revenue through project-based sales and system installations of its proprietary technology solutions.

Products & services
Atmospheric water generation systems
Water harvesting and recapture systems
Evaporative heat pump systems
Water heating systems
Low relative humidity drying systems
Pre- and mid-cool integration coils
Evaporative cooling systems
Advanced vacuum pump systems
Isothermal condenser design
Gate and seal systems
Customers & end markets
Data center operators
Industrial facilities
Water-constrained regions requiring onsite water generation
Market position

Niche player providing specialized atmospheric water and heat recovery technologies rather than core data center infrastructure.

Demand drivers
Medium cyclicality

Demand is linked to capital investment cycles in data centers and industrial facilities, which can fluctuate with broader economic conditions.

Related companies

Finding other covered companies in the same part of this story…