374Water, Inc. (SCWO)
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.
374Water, Inc. (SCWO) trades at $1.99 with AI Score 15/100 (Grade F). 374Water, Inc. provides innovative solutions for environmental pollution, focusing on waste stream treatment using supercritical water oxidation technology. Market cap: $28.80M, Sector: Industrials.
Price live · AI analysis from May 10, 2026Analyst Coverage for SCWO: SCWO 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 SCWO against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
SCWO: 1/1 perspectives are bearish.
How is this calculated? →374Water, Inc. (SCWO) Industrial Operations Profile
374Water, Inc. specializes in environmental solutions, employing supercritical water oxidation technology to treat hazardous and non-hazardous waste streams. The company serves diverse sectors, including utilities, manufacturing, and governmental entities, addressing critical pollution challenges with its AirSCWO systems and channel partner network.
What Is the Investment Thesis for SCWO?
374Water, Inc. presents a focused investment opportunity within the pollution control sector, driven by its proprietary AirSCWO technology. While the company's negative profit margin of -9754.2% and gross margin of -1093.5% indicate current financial challenges, the increasing demand for advanced waste treatment solutions could drive future revenue growth. The company's success hinges on expanding its client base and securing larger contracts within the utilities, industrial manufacturing, and governmental sectors. Key catalysts include regulatory changes favoring advanced waste treatment technologies and successful deployment of AirSCWO systems at scale. Investors should monitor the company's ability to improve its financial metrics and secure strategic partnerships to enhance market penetration.
Based on FMP financials and quantitative analysis
SCWO Key Highlights
- Market capitalization of $28.80M reflects its current valuation in the pollution control market.
- Negative profit margin of -9754.2% highlights the challenges in achieving profitability.
- Negative gross margin of -1093.5% indicates high costs associated with its technology and operations.
- Beta of -0.17 suggests a low correlation with the broader market, potentially offering diversification benefits.
- No dividend yield reflects the company's focus on reinvesting earnings for growth.
Who Are SCWO's Competitors?
SCWO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BCHTD Birchtech Corp. | $3.49 | +1.16% | $67.90M | 65 |
| ACTHF Aduro Clean Technologies Inc. | $5.45 | +0.00% | $148.38M | 61 |
| EMFGF Fluence Corporation Limited | $0.05 | +0.00% | $57.65M | 56 |
| MTWTF METAWATER Co., Ltd. | $22.88 | +0.00% | $1.00B | 56 |
| TOMZ TOMI Environmental Solutions, Inc. | $0.83 | -2.05% | $19.10M | 44 |
| VLTO Veralto Corporation | $92.55 | +2.45% | $22.73B | 45 |
| MEEC Midwest Energy Emissions Corp. | $0.75 | +0.20% | $72.11M | 45 |
| AQUA Evoqua Water Technologies Corp. | $49.88 | +0.95% | $6.10B | 45 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SCWO's Key Strengths?
- Innovative supercritical water oxidation technology.
- AirSCWO systems for diverse waste streams.
- Focus on environmental solutions.
- Partnerships with channel partners.
What Are SCWO's Weaknesses?
- Negative profit and gross margins.
- Limited market presence.
- Dependence on channel partners.
- Small employee base.
What Could Drive SCWO Stock Higher?
- Increasing environmental regulations driving demand for advanced waste treatment solutions.
- Potential government contracts for environmental remediation projects.
- Strategic partnerships with waste management companies enhancing market reach.
What Are the Key Risks for SCWO?
- Financial-distress signal — its Altman Z-Score of -10.88 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Insider selling — insiders were net sellers of roughly $3.6M recently.
- Competition from established players in the pollution control market.
- Economic downturns affecting capital spending on environmental solutions.
- Negative profit and gross margins indicating financial challenges.
What Are the Growth Opportunities for SCWO?
- Expansion into Industrial Manufacturing: 374Water can target industrial manufacturing facilities seeking to treat complex waste streams. The market for industrial wastewater treatment is projected to reach $15.4 billion by 2027, driven by stringent environmental regulations and the need for water reuse. By offering AirSCWO systems tailored to specific industrial needs, 374Water can capture a significant share of this market.
- Partnerships with Waste Management Companies: Collaborating with waste management companies can provide 374Water with access to a broader customer base and established infrastructure. The waste management market is estimated at $2.08 trillion in 2024 and is expected to grow. Strategic alliances can accelerate the deployment of AirSCWO systems and enhance market penetration.
- Government Contracts for Environmental Remediation: Securing government contracts for environmental remediation projects represents a substantial growth opportunity. Governments worldwide are investing in cleaning up contaminated sites and addressing water pollution. 374Water's technology can be deployed in these projects, contributing to environmental restoration efforts and generating significant revenue.
- Penetration of the Agricultural Sector: The agricultural sector faces increasing pressure to manage waste streams and reduce environmental impact. 374Water's AirSCWO systems can be adapted to treat agricultural waste, providing a sustainable solution for farmers and agricultural companies. The market for agricultural waste treatment is growing, driven by the need for efficient and environmentally friendly practices.
- International Expansion: Expanding into international markets, particularly in regions with stringent environmental regulations and growing industrial activity, offers significant growth potential. Countries in Europe and Asia are investing in advanced waste treatment technologies. 374Water can leverage its technology to address the needs of these markets and establish a global presence.
What Opportunities Does SCWO Have?
- Expansion into new markets and industries.
- Securing government contracts.
- Developing new applications for AirSCWO technology.
- Strategic alliances with waste management companies.
What Threats Does SCWO Face?
- Competition from established players.
- Regulatory changes.
- Economic downturns.
- Technological advancements by competitors.
What Are SCWO's Competitive Advantages?
- Proprietary supercritical water oxidation technology.
- AirSCWO systems designed for efficient waste treatment.
- Partnerships with engineering and construction companies.
- Focus on addressing environmental pollution challenges.
What Does SCWO Do?
374Water, Inc., based in Durham, North Carolina, was founded to address the growing environmental pollution challenges through innovative technology. The company has developed a waste stream treatment system utilizing supercritical water oxidation technology. This technology, embodied in their AirSCWO systems, is designed to treat a wide range of hazardous and non-hazardous waste streams, offering a sustainable alternative to traditional methods. The company operates through a network of channel partners, including engineering-procurement and construction companies, technology integrators, waste service providers, operations service providers, and NGOs. These partners facilitate the deployment of 374Water's solutions to end-users across various sectors. These end-users include utilities, industrial manufacturing facilities, waste management and environmental remediation companies, agricultural companies, and governmental entities. 374Water's focus is on providing environmentally sound solutions that meet the evolving needs of industries and communities seeking to reduce their environmental impact. The company's AirSCWO systems aim to provide a cleaner, more efficient way to manage waste, contributing to a more sustainable future.
What Products and Services Does SCWO Offer?
- Develops waste stream treatment systems.
- Utilizes supercritical water oxidation technology.
- Offers AirSCWO systems for hazardous and non-hazardous waste.
- Provides solutions for utilities and industrial facilities.
- Addresses environmental pollution challenges.
- Works with channel partners for deployment.
How Does SCWO Make Money?
- Sells AirSCWO systems to channel partners and end-users.
- Provides technology for waste stream treatment.
- Generates revenue through system sales and service agreements.
What Industry Does SCWO Operate In?
374Water, Inc. operates within the industrial pollution and treatment controls sector, a market driven by increasing environmental regulations and the growing need for sustainable waste management solutions. The industry is characterized by the presence of established players and innovative technology providers. 374Water's supercritical water oxidation technology positions it within the advanced treatment segment, competing with traditional methods and other emerging technologies. The global waste management market is expected to continue growing, driven by urbanization and industrialization, creating opportunities for companies offering efficient and environmentally friendly solutions.
Who Are SCWO's Key Customers?
- Utilities
- Industrial manufacturing facilities
- Waste management companies
- Governmental entities
- Agricultural companies
Net sellingInsider Activity
Over the past six months, 374Water, Inc. insiders filed 3 SEC Form 4 transactions — 3 sales and 0 purchases. On net that is roughly 1.5M shares disposed (about $3.6M), a signal worth weighing alongside the fundamentals.
FY2026 estForward Outlook
Wall Street analysts project 374Water, Inc. revenue of about $54.6M for fiscal 2026, with EPS near $-0.40.
F-Score 1/9Financial Health
374Water, Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -10.88 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Its free cash flow yield is -53.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.42 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -63.8%, the inverse of the P/E and a quick read on earnings relative to price.
374Water, Inc. (SCWO) Valuation Context
Valued at $28.80M, SCWO is classified as a micro-cap stock. Relative to its peer group, SCWO's quantitative score of 15/100 is below the peer average of 56/100.
Company Profile
374Water, Inc. operates in the Industrial - Pollution & Treatment Controls industry within the Industrials sector. It is headquartered in Morrisville, US. The company is led by CEO Daniel T. Bogar. SCWO has traded publicly since 1996.
SCWO Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that those closest to the business believe in its potential.
- Community sentiment has shifted positively, with discussions highlighting the innovative waste management solutions offered by 374Water.
- Analysts are recognizing the growing demand for sustainable technologies, aligning with 374Water's mission and enhancing its market appeal.
- Recent partnerships and collaborations have been announced, which may expand the company's reach and operational capabilities.
Bear Case
- Concerns about the scalability of 374Water's technology have surfaced, with some investors questioning the feasibility of widespread adoption.
- Negative sentiment from some community members reflects skepticism about the company's ability to compete in a crowded market.
- Recent regulatory challenges in the environmental sector could pose hurdles for 374Water, impacting its operational efficiency.
- Market perception remains cautious, with some investors wary of the company's long-term profitability and overall market strategy.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · January 2026
SCWO Latest News
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12 Industrials Stocks Moving In Wednesday's Intraday Session
benzinga · Jul 1, 2026
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374Water Expands Waste Destruction Services Facility in Orlando
MT Newswires · Jun 9, 2026
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Dow defies tech weakness as Nasdaq, S&P close lower
Yahoo! Finance: SCWO News · Jun 9, 2026
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374Water Announces Expanding Amendment To License Agreement For Waste Destruction Services Build-Out In Orlando
benzinga · Jun 9, 2026
SCWO Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SCWO.
Price Targets
Wall Street price target analysis for SCWO.
SCWO MoonshotScore
What does this score mean?
The MoonshotScore rates SCWO's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
12 Industrials Stocks Moving In Wednesday's Intraday Session
374Water Expands Waste Destruction Services Facility in Orlando
Dow defies tech weakness as Nasdaq, S&P close lower
374Water Announces Expanding Amendment To License Agreement For Waste Destruction Services Build-Out In Orlando
Leadership: Daniel T. Bogar
CEO
Daniel T. Bogar serves as the CEO of 374Water, Inc. His background includes experience in managing and growing technology-driven companies. Bogar's expertise lies in strategic leadership, business development, and operational management. He is responsible for guiding 374Water's vision, strategy, and execution, ensuring the company's growth and success in the environmental solutions market.
Track Record: Under Daniel T. Bogar's leadership, 374Water, Inc. has focused on expanding its market reach and enhancing its technology offerings. Key achievements include securing partnerships with channel partners and deploying AirSCWO systems in various sectors. Bogar's strategic decisions have aimed at positioning 374Water as a leader in sustainable waste treatment solutions.
Common Questions About SCWO (Industrials)
What does 374Water, Inc. do?
374Water, Inc. specializes in providing technology-driven solutions for environmental pollution, with a focus on waste stream treatment. The company's core offering is its AirSCWO system, which utilizes supercritical water oxidation technology to treat both hazardous and non-hazardous waste. This system is designed to offer a sustainable and efficient alternative to traditional waste management methods, serving industries such as utilities, manufacturing, and governmental entities. 374Water operates through a network of channel partners to deploy its solutions and address the growing need for advanced waste treatment.
What do analysts say about SCWO stock?
As of 2026-05-10, analyst coverage of SCWO stock is limited, reflecting its small market capitalization and early stage of development. Key valuation metrics, such as price-to-earnings ratio, are not applicable due to the company's negative earnings. Growth considerations center on the company's ability to secure contracts, expand its customer base, and improve its financial performance. Investors should closely monitor revenue growth, gross margin improvements, and strategic partnerships to assess the company's potential.
What are the main risks for SCWO?
The main risks for 374Water, Inc. include its current financial challenges, as indicated by its negative profit and gross margins. Competition from established players in the pollution control market poses a significant threat. The company's success depends on its ability to effectively market its technology, secure funding, and navigate regulatory changes. Additionally, economic downturns could affect capital spending on environmental solutions, impacting the demand for 374Water's products and services.
What are the key factors to evaluate for SCWO?
374Water, Inc. (SCWO) holds an AI score of 15/100 (low). Not financial advice.
How frequently does SCWO data refresh on this page?
SCWO 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 SCWO's recent stock price performance?
374Water, Inc. (SCWO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Innovative supercritical water oxidation technology. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SCWO overvalued or undervalued right now?
Valuing 374Water, Inc. (SCWO) 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 SCWO?
Before investing in 374Water, Inc. (SCWO), 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.
- Analyst consensus is based on limited coverage.