Should I buy American Battery Technology stock in 2025? A Complete NZ Overview

What is American Battery Technology?

How much is the American Battery Technology stock?

The price of American Battery Technology stock is falling this week. As of now, the current share price stands at $1.34 USD, reflecting a 1.47% drop over the last 24 hours and a 1.52% decrease across the week.

The stock beta is 1.39, indicating higher-than-average volatility. For NZ investors, this combination of recent declines and strong volume suggests the stock remains dynamic, but also subject to significant fluctuations.

Our full analysis on the American Battery Technology stock

We have thoroughly examined American Battery Technology’s latest earnings and stock trajectory over the past three years, utilising our proprietary blend of financial analysis, technical signals, sector data, and competitor benchmarking. This holistic approach provides a data-driven lens through which to evaluate the company’s impressive momentum in the critical battery materials sector. So, why might American Battery Technology stock once again become a strategic entry point into the fast-evolving energy transition landscape in 2025?

Recent Performance and Market Context

American Battery Technology Company (NASDAQ: ABAT) has demonstrated a striking turnaround over the past six months, reflecting a broader renaissance across the advanced materials and battery recycling sector. The share price, currently trading at $1.34 USD as of 30 May 2025, has surged +43.6% over the past half-year, decisively outperforming both sector benchmarks and its 52-week low of $0.73. Despite a marginal dip over the last twelve months (-1.47%), the recent trajectory points to growing investor confidence.

• Revenue Acceleration: In its latest quarter, ABAT reported a 200% year-on-year revenue surge, tripling sales to $1.0 million.
• Strategic Funding: A $900 million letter of interest from the US Export-Import Bank for the Tonopah Flats lithium project signals significant third-party validation.
• Operational Milestones: The company more than doubled its battery recycling throughput and completed valuable asset sales, reinforcing its liquidity profile.

These developments resonate within a macroeconomic landscape increasingly favouring critical raw materials for electrification, energy storage, and sustainable manufacturing—key themes for New Zealand investors seeking exposure to decarbonisation and next-generation technologies.

Technical Analysis

From a technical standpoint, American Battery Technology stands at the confluence of several positive signals:

• Momentum Oscillators:
• Relative Strength Index (RSI, 14-day) is at a neutral 51.01, indicating equilibrium and headroom for upward swings.
• MACD (12,26,9) recently turned positive (0.03), reinforcing the case for buying interest and a nascent uptrend.
• Moving Averages:
• The stock is trading above its 50-day, 100-day, and 200-day moving averages ($1.22, $1.32, and $1.20 respectively)—a classic medium and long-term bullish configuration.
• The 20-day MA ($1.44) sits slightly higher, suggesting any short-term pullback could offer attractive entry points before the resumption of the broader uptrend.
• Support and Resistance:
• Key support is established at $1.25, offering a foundation for any consolidation.
• Immediate resistance at $1.51 aligns with the next technical breakout zone.
• Structural Set-Up:
• The stock has rebounded from oversold levels, and the steady volume uptick underscores conviction behind the recent move.
• The MACD/MA alignments and rising momentum suggest a durable trend that may carry into the second half of 2025, especially ahead of news catalysts.

Taken together, the technical landscape presents ABAT as a stock with potential to extend its rally, especially for those seeking early positioning before news flow accelerates.

Fundamental Analysis

American Battery Technology’s recent financials showcase a company in rapid operational expansion, underpinned by compelling structural strengths:

• Top-Line Growth:
• Quarterly revenues jumped threefold, outpacing cost increases. Margin expansion was significant, as revenues soared over 200% while cash costs increased just 9%.
• Government reimbursements also rose, supporting future capital investment.
• Profitability Roadmap:
• Although operationally loss-making (EPS TTM: -$0.91), this loss narrows relative to prior periods, reflecting efficiency gains and the scaling of recently commissioned pilot plants.
• Valuation Metrics:
• While traditional ratios like P/E are not applicable for development-phase growth firms, ABAT’s Price/Sales and Price/Book multiples remain attractive compared to high-flying peers within the energy storage and battery materials space.
• Strategic Expansion:
• The company’s multi-year investments in proprietary lithium hydroxide processing, battery recycling, and large-scale commercialization place it at the forefront of domestic supply chain resilience—a theme of escalating relevance for Western economies.
• Structural Differentiators:
• Proprietary technology platforms in battery metal extraction.
• Meaningful government support, both financially and at the policy level.
• Pioneering position in closed-loop lithium-ion recycling.
• A robust brand rapidly gaining visibility across the sector.

For New Zealand-based investors looking to gain diversified exposure to global energy transition supply chains, ABAT’s growth story is particularly resonant.

Volume and Liquidity

• Sustained Trading Volume: ABAT’s daily volume averages 1.36 million shares, demonstrating consistent market participation and relatively tight bid-ask spreads for a company at this stage. This liquidity profile enhances the ability for both institutional and retail investors to enter or exit positions effectively—even during periods of increased volatility.
• Public Float: With approximately 88.7 million shares freely tradable out of 91.9 million outstanding, the healthy float provides a foundation for dynamic valuation movements and mitigates risks associated with low-liquidity speculative names.

Overall, the robust volume and active trading suggest a depth of interest that supports price discovery and could amplify upward moves should further positive catalysts emerge.

Catalysts and Positive Outlook

• Flagship Lithium Project: Construction of a 30,000-tonne lithium hydroxide refinery has commenced. When completed, this would place ABAT in a unique position within the global battery metals ecosystem.
• Battery Recycling Expansion: Operating 24/7 and doubling capacity, ABAT is gearing up to meet the anticipated surge in end-of-life batteries as electric vehicles and stationary storage reach maturity worldwide.
• Strategic Funding and Offtake Agreements: The $900 million financing interest, alongside negotiations with leading global battery customers, provides line of sight for both continued expansion and long-term revenue stability.
• ESG and Regulatory Tailwinds: Heightened governmental focus on domestic supply chains, the US Inflation Reduction Act (IRA), and the European Union’s Critical Raw Materials Act create powerful secular demand for ABAT’s offerings—providing a regulatory “push” and preferential positioning for compliant, sustainable operators.
• Ongoing Asset Monetizations: Asset sales—such as non-core properties and water rights—have strengthened ABAT’s balance sheet and supplied additional growth capital with limited dilution.
• Sector Sentiment: As global clean energy adoption accelerates, especially in jurisdictions such as New Zealand where green mandates are intensifying, US-listed resource tech specialists like ABAT stand to benefit from a re-rating both in North America and among international investors.

With these multi-faceted growth levers, ABAT’s forward-looking profile is particularly attractive for those seeking high-growth, high-impact equity stories in the energy transition megatrend.

Investment Strategies

• Short-Term (0-3 months):
• Technical momentum and recent news flow call for consideration of tactical entry points near support ($1.25-$1.30), capitalising on potential technical breakouts above $1.51.
• Upcoming news on funding, commercial ramp-up, or offtake agreements may serve as volatility catalysts.
• Medium-Term (3-12 months):
• Participation ahead of major project milestones (commissioning of lithium refinery, further recycling capacity increases) aligns well with a “buy the ramp” philosophy.
• Any pullback toward long-term averages could present buying opportunities for investors targeting the next phase of strategic execution.
• Long-Term (1-3 years):
• For those seeking compounding exposure to the electrification and battery value chain, ABAT’s expected commercial cash flows, market share expansion, and ongoing innovation pipeline could deliver asymmetric upside.
• Structural alignment with global decarbonisation and domestic supply chains may foster sustained revaluation, notwithstanding the usual volatility of emerging technology equities.

Across horizons, current levels appear favourable for entry—either at recent technical bases or in anticipation of the next fundamental catalyst—with disciplined risk management and position sizing.

Is it the Right Time to Buy American Battery Technology?

American Battery Technology’s convergence of accelerating revenues, project execution, and sector momentum creates a multi-dimensional case for serious investor consideration. Key strengths include:

• Rapid revenue and operational growth, outpacing sector averages.
• Robust public funding interest and a high-visibility flagship lithium project.
• Growing battery recycling throughput and commercial scale-up.
• Attractive technical and liquidity profiles, facilitating market entry.
• Structural positioning at the intersection of global ESG, clean tech, and domestic resource strategies.

With a 30% fair value upside towards $1.74 and a host of near-term catalysts in play, the fundamentals and technicals alike justify renewed interest for those seeking dynamic exposure to the heart of the energy transition. For New Zealand investors in particular, ABAT opens a window to participate in a critical sector shaping the future of sustainable mobility and electrification. While the journey will require patience and a long-term view, ABAT stock currently seems to represent an excellent opportunity as a strategic entry point for growth-oriented portfolios.

Seizing this moment could offer well-timed exposure to one of the sector’s most compelling growth narratives—backed by solid execution and a clear pipeline of transformational developments.

How to buy American Battery Technology stock in New Zealand?

Buying American Battery Technology (ABAT) shares online is simple, secure, and accessible to all New Zealand investors when using a reputable, regulated broker. You can choose between two main approaches: purchasing the shares outright ("spot buying," becoming a direct shareholder) or trading via Contracts for Difference (CFDs), which allow you to speculate on the share’s price movements with leverage. Both methods have distinct features, fees, and risk profiles. To make the right choice for your goals, you’ll find a detailed broker comparison further down this page.

Spot buying

Spot buying—also called cash purchase—means you buy American Battery Technology shares directly on the NASDAQ and become their legal owner. You benefit from any share price increases and can keep the shares as long as you want. For New Zealand investors, regulated brokers typically charge a fixed commission per order, often ranging from NZD $5 to $15, plus any currency conversion costs (USD to NZD).

Example

Suppose ABAT is trading at $1.34 USD (about $2.16 NZD at recent exchange rates). With NZD $1,000, and a typical brokerage fee of NZD $5, you could buy around 460 shares ($995 spent / $2.16 per share, before fees).

• If ABAT rises 10%: Your 460 shares are now worth about NZD $1,100 gross.
• Result: +NZD $100 (10% gain on your investment, excluding taxes).

Trading via CFD

CFD trading allows you to speculate on the price movements of American Battery Technology without owning the physical shares. With CFDs, you can use leverage—magnifying both potential gains and losses. Instead of a commission, brokers typically charge a ‘spread’ (the gap between buy/sell prices) and overnight financing fees if you hold your position after market close.

Example

You open a CFD buy position on ABAT with NZD $1,000 and apply 5x leverage. This gives you exposure to NZD $5,000 worth of ABAT shares.

• If the stock climbs 8%: Your leveraged position generates a 40% gain: 8% × 5 = 40%.
• Result: +NZD $400 profit on your initial NZD $1,000 (before accounting for spread and overnight costs).

Final advice

Comparing brokers’ fees, product offerings, and trading conditions is crucial before investing in ABAT shares. Your ideal method—spot buying or CFDs—depends on your investment strategy, appetite for risk, and investment horizon. To help you make an informed choice, our comprehensive broker comparator below lets you weigh all the options in detail. Invest with confidence by choosing the approach that matches your objectives.

Our 7 tips for buying American Battery Technology stock

The latest news about American Battery Technology

American Battery Technology Company posted a 200% revenue increase and doubled recycling throughput in Q3 2025. For the quarter ending March 31, 2025, ABAT reported $1.0 million in revenue, marking a tripling over the previous quarter and confirming an acceleration in its commercial and recycling operations. The company’s ability to raise revenues much faster than cost growth (revenues up 200%, costs up only 9%) underpins an improving operational efficiency, a crucial signal for growth-oriented investors and especially relevant to New Zealand interests in next-generation battery supply chains.

A $900 million letter of interest from the US Export-Import Bank is now supporting strategic lithium project financing. In April 2025, ABAT received a non-binding letter of interest from the US Export-Import Bank for up to $900 million in debt funding for its Tonopah Flats Lithium Project. This support provides significant credibility and momentum for the company's expansion into integrated lithium production. For New Zealand stakeholders, this strengthens ABAT’s role as a potential critical minerals supplier to countries pursuing sustainable energy transitions, creating possible downstream trade or technology opportunities.

The company completed asset sales totaling over $11 million, bolstering its liquidity position in Q2 2025. ABAT sold unused properties for $6.75 million and water rights for $4.7 million, enhancing its cash reserves and refocusing resources on core operational growth. While the company's cash position remains tight, these transactions demonstrate prudent financial management meant to ensure ongoing development. For New Zealand investors, robust cash flow management reduces immediate operational risk, supporting confidence in the company amid early-stage losses.

Technical signals indicate a long-term bullish trend, supported by positive MACD and above-average moving averages. Despite a short-term dip of 1.5% in the stock price over the past week, technical indicators are positive: a current MACD buy signal, RSI at neutral, and prices trading above the 50-, 100-, and 200-day moving averages. The technical momentum suggests underlying market confidence, relevant for New Zealand market participants seeking exposure to international clean-tech growth stocks with visible upward trends.

ABAT is expanding its lithium refining and 24/7 recycling capacity, with commercial-scale construction underway. The company is moving toward construction of a large-scale lithium hydroxide refinery with a targeted output of 30,000 tonnes per year, while simultaneously ramping up battery recycling operations to double capacity. This operational scaling aligns with global trends in battery supply security and closed-loop resource management, sectors of active focus for New Zealand’s own energy transition policies and trade ambitions.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.