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SolarMax Technology, Inc. (SMXT)

Technology | Solar | Riverside, United States | NasdaqCM
2.92 USD -0.10 (-3.311%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.92

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:17 a.m. EDT

The investment case for this solar technology firm is currently broken by severe financial distress and a collapsing market price. Fundamentally, the company is bleeding cash with negative operating and free cash flows, a negative book value, and a precarious current ratio below 1.0, indicating it cannot cover its immediate liabilities. While reported revenue growth is high, this is misleading; the business is shrinking in value as losses widen and the stock has lost over 60% of its value in the last year. The recent price action shows extreme volatility with erratic spikes followed by a crash back to lows, suggesting a lack of institutional support and potential liquidity issues rather than a healthy trend. With no analyst recommendations, a pending Nasdaq delisting notice for value deficiency, and absolutely no dividend history, there is no safety margin here. The statistical forecast models also lean negative, confirming the market's pessimism. This is a speculative trap where the 'growth' numbers mask a deteriorating enterprise.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓1.328482
AutoARIMA1.413721
AutoETS1.867382
MSTL1.870175

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 13%
H-stat 253.56
Ljung-Box p 0.000
Jarque-Bera p 0.027
Excess Kurtosis -1.87
Attribute Value
Sector Technology
Revenue per Share 22.424
Market Cap 13,847,268
Beta 0.30
Profit Margins -5.40%
Website https://www.solarmaxtech.com

Info Dump

Attribute Value
52 Week Change -0.7885154
Address1 3,080 12th Street
All Time High 190.56
All Time Low 2.65
Ask 3.8
Ask Size 2
Average Daily Volume10 Day 23,770
Average Daily Volume3 Month 84,557
Average Volume 84,557
Average Volume10Days 23,770
Beta 0.297
Bid 2.18
Bid Size 2
Book Value -2.406
City Riverside
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.92
Current Ratio 0.821
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.06
Day Low 2.9
Display Name SolarMax Technology
Ebitda -4,988,529
Ebitda Margins -0.05045
Enterprise To Ebitda -9.183
Enterprise To Revenue 0.463
Enterprise Value 45,809,280
Eps Trailing Twelve Months -1.26
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.10886
Fifty Day Average Change -1.1888599
Fifty Day Average Change Percent -0.2893406
Fifty Two Week Change Percent -78.85154
Fifty Two Week High 15.24
Fifty Two Week High Change -12.32
Fifty Two Week High Change Percent -0.80839896
Fifty Two Week Low 2.65
Fifty Two Week Low Change 0.26999998
Fifty Two Week Low Change Percent 0.10188678
Fifty Two Week Range 2.65 - 15.24
Financial Currency USD
First Trade Date Milliseconds 1,709,044,200,000
Float Shares 3,490,505
Free Cashflow -794,435
Full Exchange Name NasdaqCM
Full Time Employees 79
Fullday Change -0.0999999
Fullday Change Percent -3.31126
Fullday Price 2.92
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.05924
Gross Profits 5,857,625
Has Pre Post Market Data 1
Held Percent Insiders 0.31065
Held Percent Institutions 0.031519998
Implied Shares Outstanding 4,742,215
Industry Solar
Industry Disp Solar
Industry Key solar
Ipo Expected Date 2,024-02-27
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,786,579,200
Last Split Factor 1:12
Long Business Summary SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction services for solar farm projects. It serves residential and commercial customers. SolarMax Technology, Inc. was incorporated in 2008 and is based in Riverside, California.
Long Name SolarMax Technology, Inc.
Market us_market
Market Cap 13,847,268
Market State CLOSED
Max Age 86,400
Message Board Id finmb_59029754
Most Recent Quarter 1,774,915,200
Net Income To Common -5,335,810
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 14,392,622
Open 3.04
Operating Cashflow -3,087,961
Operating Margins 0.00649
Payout Ratio 0.0
Phone 951 300 0788
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.92
Post Market Time 1,787,959,806
Previous Close 3.02
Price Hint 4
Price To Book -1.2136327
Price To Sales Trailing12 Months 0.1400331
Profit Margins -0.05396
Quick Ratio 0.751
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0999999
Regular Market Change Percent -3.31126
Regular Market Day High 3.06
Regular Market Day Low 2.9
Regular Market Day Range 2.9 - 3.06
Regular Market Open 3.04
Regular Market Previous Close 3.02
Regular Market Price 2.92
Regular Market Time 1,787,947,201
Regular Market Volume 10,084
Return On Assets -0.04355
Revenue Growth 1.141
Revenue Per Share 22.424
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 4,742,215
Shares Percent Shares Out 0.0124
Shares Short 58,628
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 47,483
Short Name Solarmax Technology Inc.
Short Percent Of Float 0.0150999995
Short Ratio 3.16
Source Interval 15
State CA
Symbol SMXT
Total Cash 4,307,362
Total Cash Per Share 0.908
Total Debt 36,269,384
Total Revenue 98,885,680
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.26
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.613115
Two Hundred Day Average Change -4.6931148
Two Hundred Day Average Change Percent -0.6164513
Type Disp Equity
Volume 10,084
Website https://www.solarmaxtech.com
Zip 92,507