Energy Focus, Inc. (EFOI) AI Stock Analysis

Energy Focus, Inc., based in Solon, Ohio, designs, develops, manufactures, markets, and distributes energy-efficient lighting systems, controls, and ultraviolet-C (UV-C) light disinfection products. Its core portfolio includes advanced military-grade maritime LED products, such as Intellitube retrofit TLEDs, Invisitube ultra-low EMI TLEDs, berth lights, globe lights, and retrofit kits engineered for the United States Navy and allied foreign navies. The company also offers commercial and industrial lighting solutions, including linear fluorescent replacements, downlights, high-bay fixtures, RedCap emergency battery backup TLEDs, EnFocus dimming platforms, and robust dock lights, as well as nUVo portable UV-C air disinfectors.

Between FY2021 and FY2025, annual revenue fell from $9.9M to $3.6M, representing a 5-year revenue CAGR of -26.7%. Net losses narrowed over this period from -$7.9M in FY2021 to -$1.0M in FY2025, while gross margin improved to 17.8% in FY2025 from -5.3% in FY2022. Operating margin also improved from -155.7% in FY2022 to -29.3% in FY2025. Over the trailing twelve months, revenue reached $6.5M with an operating margin of -23.2% and an EPS of -$0.25. In the latest quarter ended June 30, 2026, revenue increased 228.0% compared to the prior-year period.

As of June 30, 2026, Energy Focus held $1.1M in cash and short-term investments and $1.1M in total debt, resulting in net cash of $34,000. Shareholders' equity was $3.3M with total assets of $8.1M, yielding a current ratio of 1.54 and a debt-to-equity ratio of 0.32. In FY2025, operating cash flow was -$1.4M and free cash flow was -$1.5M, with capital expenditures of $54,000. The company's share count increased 733.7% over five years.

Energy Focus has a market capitalization of $16.6M and an enterprise value of $16.8M. The stock trades at a forward P/E of 10.6x, compared to the median of 14.1x for its US-listed Consumer Cyclical peers. Its price-to-sales multiple is 2.5x and EV to revenue is 2.6x, both higher than the peer median price-to-sales ratio of 0.7x. Over the past year, the stock fell 15.0%, trailing the S&P 500 (SPY) gain of 16.8%, and is down 87.6% over five years compared to an 83.0% gain for the index.

Wall Street analysts have a mean price target of $6.00 for Energy Focus, representing upside of 130.8% over the last close of $2.60 on October 16, 2026. The company has beaten EPS expectations in 3 of the last 4 quarters. The next earnings date is scheduled for November 11, 2026.

This page is an AI-written research summary of Energy Focus, Inc. (EFOI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EFOI income statement, EFOI balance sheet, EFOI key metrics, EFOI chart. See the EFOI stock overview for the latest quote and news.