Analysts Bullish on Industrial Goods Stocks: Spire Global and Aqua Metals

Analysts are bullish on top industrial goods stocks Spire Global (SPIR) and Aqua Metals (AQMS). Spire Global has a Moderate Buy rating with a price target of $14.80, while Aqua Metals has a Moderate Buy rating with a price target of $7.00. Analysts are optimistic about the companies' prospects, with one analyst predicting a return of 8.5% and another with an 8.8% success rate.

Analysts are optimistic about the prospects of Spire Global (SPIR) and Aqua Metals (AQMS), both receiving a Moderate Buy rating. Spire Global has a price target of $14.80, while Aqua Metals has a price target of $7.00. Analysts predict a return of 8.5% for SPIR and an 8.8% success rate for AQMS [1].

Spire Global, a leading provider of industrial gases, is expected to benefit from the growing demand for clean energy and industrial applications. The company's strong balance sheet and diversified customer base contribute to its positive outlook. Aqua Metals, on the other hand, is a pioneer in sustainable lithium-ion battery recycling, positioning itself as a key player in the EV transition.

Aqua Metals has recently achieved significant milestones, including eliminating long-term debt, reducing operating costs by 40%, and securing patents for low-emission recycling technology [1]. The company's strategic partnerships, such as the 6K Energy deal, validate its high-purity materials and IRA-aligned recycling process. With a debt-free balance sheet and scalable modular facilities, AQMS offers a high-probability investment in the EV transition.

Aqua Metals' Q2 2025 earnings call highlighted its progress in producing lithium carbonate with fluorine content below 30 parts per million, a global best in class for recycled lithium [2]. The company's modular scalable commercial ARC facility design and cost competitiveness with Chinese hydrometallurgical recycling further bolster its position.

Despite these achievements, Aqua Metals reported a net loss of $6.8 million for Q2 2025, indicating ongoing financial challenges [2]. The company is still in the process of securing supply and offtake partnerships necessary for financing its first commercial ARC facility. However, the company's alignment with the Inflation Reduction Act and its cost-competitive process mitigate these concerns.

For investors, both Spire Global and Aqua Metals present compelling opportunities. SPIR's strong balance sheet and diversified customer base, combined with AQMS's strategic turnaround and market alignment, suggest a high probability of outperformance as the sectors scale. However, investors should monitor near-term cash flow and partnership execution to ensure momentum continues.

References:
[1] https://www.ainvest.com/news/aqua-metals-aqms-strategic-turnaround-battery-recycling-innovation-2508/
[2] https://finance.yahoo.com/news/aqua-metals-inc-aqms-q2-071256006.html