Perma-Fix Environmental Services, Inc. (PESI) AI Stock Analysis

NASDAQ: PESIAI research summary: business, growth, valuation, analysts, bull and bear case.

PESI AI stock analysis summary

AI Research

Perma-Fix Environmental Services, Inc. provides nuclear, radioactive, and hazardous waste management and technical remediation services across the United States. In FY2025, the company generated $61.7M in revenue with net income of -$13.8M, following a 5-year revenue CAGR of -10.2% from FY2020 to FY2025. Although net cash stood at $15.3M as of June 30, 2026, operating margin TTM remains negative at -50.5%.

Market cap
$261.2M
Revenue (TTM)
$57.2M
P/E
—
fwd 99.0x
1Y return
-2.1%
S&P 500 16.8%
Avg. target
$30.00
143.7% vs last close

Bull case

  • The company maintains net cash of $15.3M as of June 30, 2026, supported by $20.5M in cash and short-term investments against $5.2M in total debt.
  • The sole analyst covering the stock has a mean price target of $30.00, implying 143.7% potential upside from the last close of $12.31.
  • Analyst projections for the next fiscal year forecast revenue surging 81.9% to $101.3M alongside positive EPS of $0.09.

Bear case

  • Revenue contracted at a 5-year CAGR of -10.2% from FY2020 to FY2025, reaching $61.7M in FY2025.
  • Perma-Fix generated negative free cash flow of -$15.5M in FY2025 and sustained an operating margin TTM of -50.5%.
  • Valuation multiples remain elevated, including a forward P/E of 99.0x compared to the 17.2x median of its US-listed Industrials peers.

What Perma-Fix Environmental Services does

Perma-Fix Environmental Services, Inc. operates across three segments: Treatment, Services, and Medical. The Treatment segment processes nuclear, low-level radioactive, mixed, hazardous, and non-hazardous waste through specialized treatment and storage facilities, while researching innovative waste processing methods. The Services segment delivers technical offerings, including radiological measurement, site surveys, occupational safety, decontamination and decommissioning field services, consulting, and environmental remediation of nuclear licensed facilities and legacy sites. It also runs an equipment calibration and maintenance laboratory for health physics and industrial hygiene instrumentation. The Medical segment focuses on research and development for medical isotope applications.

Growth and profitability

Revenue contracted from $72.2M in FY2021 and $70.6M in FY2022 before rising 27.1% to $89.7M in FY2023. In FY2024, revenue fell 34.1% to $59.1M with net income of -$20.0M and a 0.0% gross margin. In FY2025, revenue increased 4.3% to $61.7M, but net margin remained negative at -22.3%, yielding net income of -$13.8M and EPS of -$0.58. For the five years from FY2020 to FY2025, revenue registered a CAGR of -10.2%. For the latest quarter ending June 30, 2026, quarterly revenue growth YoY fell 11.7% and quarterly earnings growth YoY dropped 47.8%, while TTM revenue stood at $57.2M with an operating margin of -50.5%.

PESI income statement →

Balance sheet and cash flow

As of June 30, 2026, Perma-Fix held $20.5M in cash and short-term investments against $5.2M in total debt, yielding net cash of $15.3M. Shareholders' equity totaled $58.3M alongside total assets of $101.8M, with a current ratio of 1.67 and a debt-to-equity ratio of 0.09. Operating cash flow in FY2025 was -$10.8M, leading to free cash flow of -$15.5M after capital expenditures of $4.7M. The company also allocated $195,000 to share buybacks in FY2025, while its share count expanded 50.1% over five years.

PESI balance sheet →

Valuation and performance

Perma-Fix carries a market cap of $261.2M and an enterprise value of $319.8M. The stock trades at a forward P/E of 99.0x, significantly above the 17.2x median of its US-listed Industrials peers. Its price-to-sales multiple is 4.6x compared to the peer median of 1.5x, and its EV-to-revenue multiple is 5.6x. Over the past year, PESI shares fell 2.1%, trailing the S&P 500 return of 16.8%. Over five years, the stock gained 78.1%, compared to an 83.0% gain for the S&P 500.

PESI key metrics →

What analysts expect

One analyst covers Perma-Fix with a Strong Buy rating and a mean price target of $30.00, representing 143.7% upside over the October 16, 2026 close of $12.31. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $55.7M and EPS of -$1.02. For the next fiscal year, the single analyst forecasts revenue to reach $101.3M and EPS of $0.09, representing 81.9% revenue growth. Over the last four quarters, Perma-Fix beat EPS estimates once. The next earnings date is November 9, 2026.

PESI forecast and price target →

Key risks and what to watch

  • Short interest is elevated, with short percent of float standing at 16.1%.
  • Shareholder dilution has been substantial, as the company's share count increased 50.1% over a 5-year period.
  • Earnings consistency is weak, with the company beating EPS estimates in only 1 of the last 4 quarters and posting a quarterly earnings growth decline of 47.8% YoY.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this PESI AI stock analysis

This page is an AI-written research summary of Perma-Fix Environmental Services, Inc. (PESI). 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: PESI income statement, PESI balance sheet, PESI key metrics, PESI analyst forecast, PESI chart. See the PESI stock overview for the latest quote and news.

PESI AI stock analysis FAQ

What was Perma-Fix's revenue and net income in FY2025?

In FY2025, Perma-Fix generated revenue of $61.7M, an increase of 4.3% year-over-year. However, the company reported net income of -$13.8M and diluted EPS of -$0.58.

Does Perma-Fix pay a dividend?

Perma-Fix does not pay a dividend. In FY2025, the company deployed capital toward $4.7M in capital expenditures and $195,000 in share buybacks.

How does PESI's valuation compare to its peer group?

PESI trades at a forward P/E of 99.0x and a price-to-sales multiple of 4.6x, both well above the US-listed Industrials peer medians of 17.2x and 1.5x, respectively.

What are analysts projecting for Perma-Fix?

One analyst covers PESI with a Strong Buy rating and a $30.00 price target. For the next fiscal year, the analyst estimates revenue of $101.3M and EPS of $0.09.

When is Perma-Fix's next earnings report?

Perma-Fix is scheduled to report its next earnings on November 9, 2026.

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