Exro Technologies Inc. (EXROF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Exro Technologies Inc. (EXROF) trades at $0.00 with AI Score 61/100 (Grade B+). Exro Technologies Inc. Market cap: $57,280, Sector: Industrials.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for EXROF: EXROF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EXROF against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
EXROF: the 4 perspectives are evenly split. Dominant signal: Seth Klarman bearish.
How is this calculated? →Exro Technologies Inc. (EXROF) Industrial Operations Profile
Exro Technologies Inc. specializes in coil driver technology and system architecture for power electronics, enhancing electric motors, generators, and batteries. With a focus on energy storage solutions, the company operates within the electrical equipment sector, targeting the electric vehicle and energy storage markets, but faces challenges with profitability.
What Is the Investment Thesis for EXROF?
Exro Technologies Inc. presents a compelling investment thesis centered on its innovative coil driver technology and its potential to disrupt the electric motor and battery industries. The company's focus on enhancing the performance of electric motors and batteries aligns with the growing demand for efficient and sustainable energy solutions. Key value drivers include the successful commercialization of its technology, strategic partnerships with automotive and energy companies, and expansion into new markets. Upcoming catalysts include potential advancements in battery technology and increased adoption of electric vehicles. However, the company's negative profit margin of -1479.2% and gross margin of -61.6% raise concerns about its financial sustainability. Investors should closely monitor Exro's ability to improve its financial performance and achieve profitability.
Based on FMP financials and quantitative analysis
EXROF Key Highlights
- Exro Technologies Inc. operates in the Electrical Equipment & Parts industry, focusing on power electronics.
- The company's patented coil driver technology aims to enhance the performance of electric motors, generators, and batteries.
- Exro's battery control system provides energy storage solutions for first and second life batteries.
- The company's market capitalization is $0.00B, indicating its relatively small size.
- Exro's negative profit margin of -1479.2% and gross margin of -61.6% highlight significant financial challenges.
Who Are EXROF's Competitors?
EXROF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CRPHY Ceres Power Holdings plc | $3.34 | +0.30% | $1.43B | 69 |
| CPWHF Ceres Power Holdings plc | $6.83 | +0.80% | $1.46B | 69 |
| EOSEW Eos Energy Enterprises, Inc. | $1.47 | -34.96% | $423.22M | 67 |
| EOSE Eos Energy Enterprises, Inc. | $5.11 | -2.36% | $1.48B | 66 |
| VRT Vertiv Holdings Co | $322.15 | +7.19% | $123.74B | 61 |
| AMPX Amprius Technologies, Inc. | $13.07 | +5.61% | $1.85B | 60 |
| GCDT Green Circle Decarbonize Technology Ltd. | $0.57 | -4.74% | $5.73M | 60 |
| NXU Nxu, Inc. | $2.45 | +100.00% | $5.42M | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EXROF's Key Strengths?
- Patented coil driver technology.
- Proprietary system architecture.
- Focus on energy storage solutions.
- Potential for partnerships with automotive and energy companies.
What Are EXROF's Weaknesses?
- Negative profit margin.
- Negative gross margin.
- Limited market presence.
- Reliance on emerging technologies.
What Could Drive EXROF Stock Higher?
- Potential advancements in battery technology could improve the performance of Exro's battery control systems.
- Increased adoption of electric vehicles could drive demand for Exro's coil driver technology.
- Strategic partnerships with automotive and energy companies could lead to new revenue streams.
- Commercialization of coil driver technology for industrial applications could diversify revenue streams.
- Geographic expansion into new markets could increase the company's global presence.
What Are the Key Risks for EXROF?
- Financial-distress signal — its Altman Z-Score of -21.88 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Competition from established players in the power electronics market.
- Technological advancements by competitors could render Exro's technology obsolete.
- Economic downturn affecting the EV market could reduce demand for Exro's products.
- Negative profit margin and gross margin raise concerns about financial sustainability.
- Limited market presence and reliance on emerging technologies.
What Are the Growth Opportunities for EXROF?
- Expansion into the Electric Vehicle (EV) Market: The global EV market is projected to reach trillions of dollars by 2030, presenting a significant opportunity for Exro. By partnering with EV manufacturers and suppliers, Exro can integrate its coil driver technology into electric vehicles, improving their performance and efficiency. This expansion requires strategic alliances and successful demonstration of the technology's benefits in real-world applications. The timeline for significant market penetration is estimated at 3-5 years.
- Development of Advanced Battery Control Systems: The market for battery management systems is growing rapidly, driven by the increasing demand for energy storage solutions. Exro can capitalize on this trend by developing advanced battery control systems that optimize the performance and lifespan of batteries. This includes solutions for both first and second-life batteries, addressing the growing need for sustainable energy storage. The timeline for developing and commercializing these systems is approximately 2-3 years.
- Strategic Partnerships with Energy Storage Providers: The energy storage market is expanding as renewable energy sources become more prevalent. Exro can form strategic partnerships with energy storage providers to integrate its technology into grid-scale and residential energy storage systems. This will enable more efficient and reliable energy storage, supporting the growth of renewable energy. The timeline for establishing these partnerships and integrating the technology is estimated at 2-4 years.
- Commercialization of Coil Driver Technology for Industrial Applications: Exro's coil driver technology has applications beyond the EV and energy storage markets. It can be used in various industrial applications, such as electric motors for manufacturing equipment and generators for power generation. By targeting these industrial applications, Exro can diversify its revenue streams and reduce its reliance on the EV market. The timeline for commercializing the technology in industrial applications is approximately 3-5 years.
- Geographic Expansion into New Markets: Exro can expand its operations into new geographic markets, such as Europe and Asia, where the demand for electric vehicles and energy storage solutions is growing rapidly. This requires establishing a local presence, building relationships with key stakeholders, and adapting its technology to meet the specific needs of each market. The timeline for successful geographic expansion is estimated at 3-5 years.
What Opportunities Does EXROF Have?
- Expansion into the electric vehicle market.
- Development of advanced battery control systems.
- Strategic partnerships with energy storage providers.
- Commercialization of coil driver technology for industrial applications.
What Threats Does EXROF Face?
- Competition from established players.
- Technological advancements by competitors.
- Economic downturn affecting the EV market.
- Regulatory changes impacting the energy storage industry.
What Are EXROF's Competitive Advantages?
- Patented coil driver technology provides a competitive advantage.
- Proprietary system architecture enhances performance and efficiency.
- Focus on both first and second-life battery solutions.
- Strategic partnerships with key industry players.
What Does EXROF Do?
Exro Technologies Inc., founded in 2014 and headquartered in Calgary, Canada, is focused on innovating within the power electronics sector. The company's core business revolves around its patented coil driver technology and proprietary system architecture, designed to enhance the performance and efficiency of electric motors, generators, and batteries. This technology aims to expand the capabilities of these components, making them more effective in various applications. Exro also develops battery control systems, providing energy storage solutions for both first and second-life batteries, addressing the growing demand for efficient and sustainable energy storage. The company's solutions target the electric vehicle (EV) market, energy storage systems, and industrial applications. Exro's technology aims to improve the performance and lifespan of batteries, reduce energy consumption, and lower overall system costs. While Exro has established a presence in the power electronics market, it faces competition from established players and emerging companies in the EV and energy storage sectors.
What Products and Services Does EXROF Offer?
- Develop patented coil driver technology for power electronics.
- Create proprietary system architecture to enhance electric motors and generators.
- Improve the performance and efficiency of batteries.
- Develop battery control systems for energy storage solutions.
- Provide solutions for first and second life batteries.
- Target the electric vehicle (EV) market with its technology.
- Offer solutions for energy storage systems and industrial applications.
How Does EXROF Make Money?
- Develop and license coil driver technology to manufacturers.
- Sell battery control systems to energy storage providers.
- Generate revenue through partnerships with automotive companies.
- Provide solutions for both first and second-life battery applications.
What Industry Does EXROF Operate In?
Exro Technologies Inc. operates within the electrical equipment and parts industry, a sector experiencing growth due to the increasing demand for electric vehicles and energy storage solutions. The market is characterized by intense competition, with established players and emerging companies vying for market share. Trends include advancements in battery technology, the development of more efficient electric motors, and the integration of renewable energy sources. Exro's focus on coil driver technology and battery control systems positions it to capitalize on these trends, but it faces challenges in competing with larger, more established companies.
Who Are EXROF's Key Customers?
- Electric vehicle manufacturers.
- Energy storage system providers.
- Industrial companies using electric motors and generators.
- Battery manufacturers and recyclers.
Company Profile
Exro Technologies Inc. operates in the Electrical Equipment & Parts industry within the Industrials sector. It is headquartered in Calgary, CA. The company is led by CEO Darrell Bishop. EXROF has traded publicly since 2017.
Exro Technologies Inc. (EXROF) Valuation Context
Valued at 57K, EXROF is classified as a micro-cap stock. Relative to its peer group, EXROF's quantitative score of 61/100 is roughly in line with the peer average of 66/100.
F-Score 3/9Financial Health
Exro Technologies Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -21.88 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Exro Technologies Inc. revenue of about $61.7M for fiscal 2026, with EPS near $-0.06.
EXROF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Exro's future, indicating that those closest to the company believe in its potential.
- Community sentiment has shifted positively, with discussions highlighting Exro's innovative technology in energy management as a game changer.
- Increased interest from institutional investors has been noted, reflecting a growing belief in the company's long-term viability and market position.
- Recent partnerships and collaborations have strengthened Exro's market presence, enhancing its credibility and future growth prospects.
Bear Case
- Concerns over the scalability of Exro's technology have been voiced within the community, leading to skepticism about its widespread adoption.
- Recent commentary indicates that competition in the energy management sector is intensifying, which could pressure Exro's market share.
- Some investors express worry about the company's financial sustainability, particularly regarding funding for ongoing research and development.
- Market sentiment remains cautious due to broader economic uncertainties, causing some traders to view Exro as a risky investment at this time.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EXROF Latest News
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Stocks That Hit 52-Week Highs On Tuesday
· Mar 24, 2020
EXROF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EXROF.
Price Targets
Wall Street price target analysis for EXROF.
EXROF MoonshotScore
What does this score mean?
The MoonshotScore rates EXROF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Darrell Bishop
CEO
Darrell Bishop serves as the CEO of Exro Technologies Inc., overseeing the company's strategic direction and operations. His background includes experience in managing teams and driving innovation within technology-focused organizations. He is responsible for leading Exro's efforts in developing and commercializing its coil driver technology and expanding its presence in the electric vehicle and energy storage markets. His leadership is crucial for navigating the challenges and opportunities in the rapidly evolving power electronics sector.
Track Record: Under Darrell Bishop's leadership, Exro Technologies Inc. has focused on developing and commercializing its patented coil driver technology. Key milestones include securing partnerships with automotive and energy companies and expanding the company's product offerings to include battery control systems. His strategic decisions have aimed to position Exro as a key player in the electric vehicle and energy storage markets, despite the company's current financial challenges.
EXROF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Exro Technologies Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier carries higher risks due to the lack of regulatory oversight and potential for fraud or manipulation.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure.
- Low trading volume and liquidity.
- Potential for price manipulation.
- Higher risk of fraud or scams.
- Lack of regulatory oversight.
- Verify the company's financial statements.
- Research the company's management team.
- Assess the company's business model and competitive landscape.
- Review the company's legal and regulatory filings.
- Check for any red flags or warning signs.
- Consult with a financial advisor.
- Understand the risks associated with OTC investments.
- Patented coil driver technology.
- Focus on energy storage solutions.
- Partnerships with automotive and energy companies.
- Presence in the electric vehicle (EV) market.
- Development of battery control systems.
Common Questions About EXROF (Industrials)
What does Exro Technologies Inc. do?
Exro Technologies Inc. specializes in developing and commercializing innovative power electronics technologies. Their core focus is on patented coil driver technology and proprietary system architecture designed to enhance the performance of electric motors, generators, and batteries. They also develop battery control systems for energy storage solutions, targeting the electric vehicle (EV) market, energy storage systems, and industrial applications. Exro aims to improve the efficiency, lifespan, and cost-effectiveness of these systems.
What do analysts say about EXROF stock?
As of March 18, 2026, there is no readily available analyst consensus on EXROF stock. Key valuation metrics, such as the P/E ratio (-0.03), indicate that the company is not currently profitable. Investors may want to evaluate the company's growth potential in the electric vehicle and energy storage markets, as well as its financial challenges, including its negative profit margin (-1479.2%) and gross margin (-61.6%). Further research and due diligence are recommended to assess the investment potential of EXROF.
What are the main risks for EXROF?
The main risks for Exro Technologies Inc. include intense competition in the power electronics market, potential technological obsolescence, and financial challenges. The company's negative profit and gross margins raise concerns about its ability to achieve profitability. Additionally, the company's reliance on emerging technologies and limited market presence pose risks. Investors should carefully consider these risks before investing in EXROF.
What are the key factors to evaluate for EXROF?
Exro Technologies Inc. (EXROF) holds an AI score of 61/100 (moderate). Not financial advice.
How frequently does EXROF data refresh on this page?
EXROF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EXROF's recent stock price performance?
Exro Technologies Inc. (EXROF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Patented coil driver technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EXROF overvalued or undervalued right now?
Valuing Exro Technologies Inc. (EXROF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying EXROF?
Before investing in Exro Technologies Inc. (EXROF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- OTC market investments carry higher risks.