--- title: "Factorial Energy (NASDAQ:FAC) Releases Earnings Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/295588399.md" description: "Factorial Energy (NASDAQ:FAC) reported Q3 EPS of ($0.85). The company announced its first commercial aerospace/drone battery order, expecting initial revenue in 2027. Key developments include a 30% flight range increase in drone testing, partnerships with SK On and automotive OEMs, and FEST manufacturing yields reaching ~85%. Stock rose 4.2% to $5.96. Analyst ratings vary: Zacks holds 'hold', Wall Street Zen rates 'sell', while Cantor Fitzgerald initiated coverage with an 'overweight' rating and $18 target. Consensus is 'Moderate Buy'." datetime: "2026-08-11T22:56:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295588399.md) - [en](https://longbridge.com/en/news/295588399.md) - [zh-HK](https://longbridge.com/zh-HK/news/295588399.md) generator: "portal-rs" --- # Factorial Energy (NASDAQ:FAC) Releases Earnings Results Factorial Energy (NASDAQ:FAC - Get Free Report) issued its earnings results on Tuesday. The company reported ($0.85) earnings per share (EPS) for the quarter, Zacks reports. Get **Factorial Energy** alerts: Here are the key takeaways from Factorial Energy's conference call: - **Commercialization advanced:** Factorial reported its first commercial aerospace/drone battery order and expects initial revenue in 2027, with the order described as a lead indicator of that path. - Customer drone testing reportedly delivered a **30% increase in flight range** before engineering optimization, while the company targets approximately 450 Wh/kg energy density by year-end versus roughly 250–330 Wh/kg for typical production lithium-ion cells. - Factorial expanded manufacturing and commercialization optionality through partnerships with SK On, drone integrators across three continents, and automotive OEMs including Mercedes-Benz and Stellantis; its FEST platform is designed to use up to 80% of existing lithium-ion manufacturing equipment. - The company reported FEST manufacturing yields improving to approximately **85%** on tens-of-megawatt-hour-scale lines, supporting management’s claim that its process can scale with less capital intensity than building proprietary gigafactory capacity. - Factorial has not yet generated commercial revenue and does not expect to do so until 2027; it also expects 2026 non-GAAP operating expenses of about $40 million and capital expenditures of approximately $13 million, with FEST and Solstice line expansions not scheduled for completion until 2027 and 2028, respectively. ## Factorial Energy Stock Up 4.2% Shares of Factorial Energy stock traded up $0.24 on Tuesday, hitting $5.96. The company had a trading volume of 248,467 shares, compared to its average volume of 290,075. Factorial Energy has a 1 year low of $4.24 and a 1 year high of $25.33. The company has a market cap of $637.84 million, a PE ratio of 24.83 and a beta of 1.27. ## Analyst Upgrades and Downgrades Several research firms have weighed in on FAC. Zacks Research raised shares of Factorial Energy to a "hold" rating in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Factorial Energy to a "sell" rating in a research report on Saturday. Finally, Cantor Fitzgerald assumed coverage on Factorial Energy in a research note on Tuesday, June 23rd. They issued an "overweight" rating and a $18.00 target price for the company. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $18.00. **Read Our Latest Report on FAC** ## About Factorial Energy (Get Free Report) We are a blank check company incorporated on October 29, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. ## Read More - Five stocks we like better than Factorial Energy - Atlassian Just Pulled Off the Software Comeback Wall Street Wanted - AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be - NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings - Apple’s Next iPhone Could Test How Much Pricing Power Is Left *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Factorial Energy Right Now? Before you consider Factorial Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Factorial Energy wasn't on the list. While Factorial Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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