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Acacia Research Corp

Acacia Research Corp

ACTG
$4.54USD↑+1.57%+0.07 today

MARKET CAP

438.5M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$4 – $5

52W RANGE

$3
$5

AI Summary

Stalk
TrimMedium

ACTG remains in a Stage 4 decline with a medium-term bearish bias reinforced by the Bearish Pivot Point pattern and lower highs under the 50-day SMA. Short-term conditions are neutral, as price holds just below flattening 9/20/50 EMAs without clear momentum. We will look to sell into rebounds toward those EMAs and the 50-day SMA, aiming for rejection-based entries. The long-term uptrend above the 200-day SMA persists, providing structural support but not overriding current downtrend pressures.

  • ↑Total Q1 revenue $54.2M, +7% sequential, driven by energy ops.
  • ↑Energy segment hit $18.7M in Q1 with ~75% production hedged at $70/bbl.
  • ↓Q1 IP revenue down to $0.7M, driven by unpredictable litigation timing.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Acacia Research Corporation (NASDAQ: ACTG) is a leading entity engaged in the acquisition and management of businesses across multiple sectors, including energy operations, manufacturing, industrial operations, and intellectual property monetization. The company's strategic focus on operational efficiencies and long-term cash flow generation positions it well to navigate macroeconomic challenges while capitalizing on emerging growth opportunities in its target markets, particularly within the energy sector amid rising commodity prices.

Bull says

  • ↑Total Q1 revenue $54.2M, +7% sequential, driven by energy ops.
  • ↑Energy segment hit $18.7M in Q1 with ~75% production hedged at $70/bbl.
  • ↑Management expects margin gains from operational consolidation in H2.
  • ↑Dividend yield of 0.96% underscores disciplined capital returns.
  • ↑High book-to-price ratio and positive analyst revisions signal undervaluation.
  • ↑Robust M&A pipeline could fuel further long-term cash flow growth.

Bear says

  • ↓Q1 IP revenue down to $0.7M, driven by unpredictable litigation timing.
  • ↓Reported $8.4M operating loss in Q1, with manufacturing unit restructuring.
  • ↓Weak growth signals point to inconsistent expansion across segments.
  • ↓Moderate debt levels heighten leverage risk under rising interest rates.
  • ↓Negative earnings yield and weak profitability factors threaten returns.
  • ↓Manufacturing margins pressured by tariffs and soft consumer demand.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-09-2026neutral

Transcript signals

Bull points

  • Total operated segment revenue, excluding IP, was $53.5 million, a sequential increase of 3.7 million or 7% over Q4 2025.
  • Benchmark delivered record revenue in Q1 and successfully completed its first Cherokee well at the end of the quarter, well in line with budgeted expenditures and with an on-time completion. You should see this well start to impact results in Q2 and Q3.
  • We expect to see the benefits of this consolidation beginning the end of Q2 and into the second half of the year.

Bear points

  • Acacia's cash, equity securities, and loans receivable decreased by $9.7 million during the quarter.
  • Total consolidated G&A expense was $17.3 million during the first quarter, compared to $17.3 million in the same quarter of last year.
  • The company recorded a first quarter gap operating loss of $8.4 million compared to gap operating income of $38.3 million in the same quarter last year.
Read full transcript analysis ›