Why These 15 Construction Stocks Are Plunging in 2025

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4. AirJoule Technologies Corp (NASDAQ:AIRJ)

Number of Hedge Fund Holders In Q4 2024: 10

AirJoule Technologies Corp (NASDAQ:AIRJ) is an atmospheric renewable energy and water harvesting technology company.

The stock is down significantly so far in 2025 as AirJoule reported a significant net loss of $14.3 million for the fourth quarter of 2024, compared to a $3.0 million loss in the same period of 2023.

This widened loss raised concerns about the company’s financial health despite its cash reserves of $28 million at year-end 2024.

The company’s operating expenses also remained high, with its joint venture incurring $4.8 million in costs during the quarter.

Plus, financial results revealed declining research and development expenses (from $0.8 million to $0.2 million year-over-year). AirJoule is still in the pre-commercialization phase, with plans to deploy proof-of-concept units by late 2025.

The consensus price target of $11.5 implies 129.54% upside.

AIRJ stock is down 37.10% year-to-date.

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