Aptera Motors Corp. Class B Common Stock (SEV)

FairStock Score: 16/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style exercise in preservation of capital first. Aptera Motors is an industrial company with a $44.1 million market capitalization at the close on 2026-10-13, and the filed figures show no revenue in any period I have. Revenue growth cannot be measured because no revenue is reported in any filed period. For fiscal year 2025, the company reported a net loss of $43.9 million and diluted EPS of -$1.79. For fiscal year 2024, the net loss was $34.9 million and diluted EPS -$1.52. In fiscal Q2 2026, the quarter ended 2026-06-30, the net loss was $10.9 million and diluted EPS -$0.30. That was narrower than fiscal Q2 2025, when the net loss was $12.1 million and diluted EPS -$0.52, but the company is still consuming capital. Trailing free cash flow is -$25.7 million, and the FairStock FCF yield calculation is -58.2% against the market cap. A Piotroski F-Score of 1/9 and an Altman Z-Score of -11.20 are not signs of financial strength; they point to distress and weak fundamentals. The stock has traded between $1.29 and $22.43 over the past year, and at $1.54 it is near the low. There is no P/E or P/B to analyze, and no Lynch category because there are only two years of filed results, not three. The FairStock Score is 16/100. I cannot identify a durable competitive moat, consistent earning power, or a margin of safety from these numbers. This may be an option on future production, but it is not a proven business, and the price is not grounded in reported sales or profits.

In plain English: Aptera Motors is an industrial company whose recent filings show no revenue yet. It is losing money and using cash: in fiscal year 2025, the net loss was $43.9 million, and more recent quarters are still in the red. At $1.54, the stock is near the low end of its 52-week range, so it looks speculative rather than cheap based on the current numbers.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer