Applied Energetics, Inc. (AERG) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · OTC
Applied Energetics, Inc. (AERG) stock forecast summary
On Oct. 16, 2026, AERG is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
Applied Energetics, Inc. is a small-cap company with a market capitalization of $196M. It ranks number 8 by market capitalization among the 10 Search, Detection, Navigation, Guidance, Aeronautical Sys issuers in our coverage with a current forecast. Its P/B Ratio of 89.51x is the highest of the 9 peers that report one. Its ROE of -735.2% is the lowest of the 9 peers that report one.
For AERG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -16.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How AERG ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Applied Energetics, Inc. (AERG) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Search, Detection, Navigation, Guidance, Aeronautical Sys peers listed below that report each metric.
Valuation & Market
| Metric | AERG | Rank |
|---|---|---|
| Market Cap | $196M | 8/10 |
| P/B Ratio | 89.51x | 1/9 |
| EPS | $-0.07 | – |
| Book Value/Share | $0.01 | – |
| FCF/Share | $-0.05 | – |
Profitability & Margins
| Metric | AERG | Rank |
|---|---|---|
| ROE | -735.2% | 9/9 |
| ROA | -394.9% | 10/10 |
| Gross Margin | 45.4% | 3/8 |
| Operating Margin | -5111.9% | 10/10 |
| Net Margin | -5080.0% | 10/10 |
| EBT Margin | -5080.0% | 10/10 |
Financial Health
| Metric | AERG | Rank |
|---|---|---|
| Current Ratio | 1.58x | 8/10 |
| D/E Ratio | 0.86x | 3/9 |
| Financial Leverage | 1.86x | 3/9 |
| Interest Coverage | -1992.4x | 8/8 |
| Working Capital | $810K | 10/10 |
Cash Flow
| Metric | AERG | Rank |
|---|---|---|
| Operating Cash Flow | -$10M | 8/10 |
| Free Cash Flow | -$10M | 8/10 |
| Capital Spending | -$160K | 2/10 |
Operational Efficiency
| Metric | AERG | Rank |
|---|---|---|
| Payables Period | 1157 days | 1/8 |
Income Statement
| Metric | AERG | Rank |
|---|---|---|
| Operating Income | -$16M | 8/10 |
| Net Income | -$16M | 8/10 |
| R&D Expense | $2M | 6/7 |
| SG&A Expense | $31M | 5/7 |
| Cost of Goods Sold | $170K | 8/8 |
Dividend & Shareholder Information
| Metric | AERG | Rank |
|---|---|---|
| Shares Outstanding | 230M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $2M | 54.4% of assets |
| Cash & Short-term Investments | $1M | 27.5% of assets |
| Accounts Receivable | $80K | 2.0% of assets |
| Total Liabilities | $2M | 46.2% of assets |
| Short-term Debt | $860K | 21.2% of assets |
AERG quarterly financials and insider trading
Applied Energetics, Inc. (AERG) industry peers
Companies classified under the same SEC industry code as Applied Energetics, Inc. (Search, Detection, Navigation, Guidance, Aeronautical Sys): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| AERG Applied Energetics, Inc. | ▶ | $196M |
| NOC Northrop Grumman Corp /De/ | ▶ | $73.85B |
| GRMN Garmin Ltd | ▼ | $54.78B |
| LHX L3harris Technologies, Inc. /De/ | ▼ | $46.28B |
| TDY Teledyne Technologies Inc | ▼ | $28.68B |
| DRS Leonardo Drs, Inc. | ▶ | $9.45B |
| LUNR Intuitive Machines, Inc. | ▶ | $1.86B |
| NN Nextnav Inc. | ▲ | $1.62B |
| CODA Coda Octopus Group, Inc. | ▲ | $112M |
| MIND Mind Technology, Inc | ▲ | $39M |
Where AERG sits on the market map
Applied Energetics, Inc. (AERG) stock news
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Applied Energetics, Inc. (AERG) stock forecast FAQ
What is the Applied Energetics, Inc. (AERG) stock forecast?
On Oct. 16, 2026, AERG is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Applied Energetics, Inc. stock predictions?
For AERG, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -16.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 8.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Applied Energetics, Inc. forecasts updated?
Applied Energetics, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Applied Energetics, Inc.'s industry peers?
10 issuers in our coverage, AERG included, share the SEC industry code Search, Detection, Navigation, Guidance, Aeronautical Sys. The largest are: Northrop Grumman Corp /De/ (NOC), Garmin Ltd (GRMN), L3harris Technologies, Inc. /De/ (LHX), Teledyne Technologies Inc (TDY), Leonardo Drs, Inc. (DRS), Intuitive Machines, Inc. (LUNR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.