HDSN Stock Analysis: Hudson Technologies | NASDAQ

Specialty Chemicals | NASDAQ, USA | Market Cap: 253m USD | 12M Return: -22.7% | Charts, Fundamentals & Technical Analysis

Refrigerants, Industrial Gas, Reclamation Services, System Decontamination
Total Rating 30
Safety 85
Buy Signal -0.27
Specialty Chemicals
Industry Rotation: -1.8
Market Cap: 253M
Avg Turnover: 3.03M
Risk 3d forecast
Volatility46.0%
VaR 5th Pctl7.00%
VaR vs Median-6.71%
Reward TTM
Sharpe Ratio-0.37
Rel. Str. IBD15.7
Rel. Str. Peer Group22
Character TTM
Beta0.729
Beta Downside0.678
Hurst Exponent0.537
Drawdowns 3y
Max DD67.65%
CAGR/Max DD-0.18
CAGR/Mean DD-0.30
EPS (Earnings per Share) EPS (Earnings per Share) of HDSN over the last years for every Quarter: "2021-06": 0.24, "2021-09": 0.34, "2021-12": 0.13, "2022-03": 0.63, "2022-06": 0.6, "2022-09": 0.56, "2022-12": 0.11, "2023-03": 0.33, "2023-06": 0.41, "2023-09": 0.34, "2023-12": 0.08, "2024-03": 0.2, "2024-06": 0.2, "2024-09": 0.17, "2024-12": -0.06, "2025-03": 0.06, "2025-06": 0.23, "2025-09": 0.27, "2025-12": -0.13, "2026-03": 0.01,
EPS CAGR: -40.26%
EPS Trend: -93.6%
Last SUE: -0.77
Qual. Beats: 0
Revenue Revenue of HDSN over the last years for every Quarter: 2021-06: 60.548, 2021-09: 60.645, 2021-12: 37.775, 2022-03: 84.338, 2022-06: 103.941, 2022-09: 89.502, 2022-12: 47.444, 2023-03: 77.199, 2023-06: 90.474, 2023-09: 76.496, 2023-12: 44.856, 2024-03: 65.25, 2024-06: 75.282, 2024-09: 61.943, 2024-12: 34.643, 2025-03: 55.343, 2025-06: 72.849, 2025-09: 74.012, 2025-12: 44.41, 2026-03: 60.151,
Rev. CAGR: -8.73%
Rev. Trend: -80.6%
Last SUE: 0.80
Qual. Beats: 0

Warnings

Extended 1w
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality

Not enough history
Description: HDSN Hudson Technologies

Hudson Technologies Inc. (HDSN) specializes in refrigerant lifecycle management and industrial gas supply within the United States. The company’s core business model focuses on the reclamation of refrigerants, laboratory testing, and system decontamination services designed to restore cooling efficiency. By providing diagnostic tools like Chiller Chemistry and SmartEnergy OPS, the firm helps commercial and industrial clients reduce energy consumption and identify mechanical issues before they lead to system failure.

The company operates within the environmental and facilities services sector, where demand is increasingly driven by environmental regulations such as the AIM Act, which mandates a phasedown of virgin HFC refrigerants. This regulatory environment benefits reclaimers like Hudson, as the industry must transition toward recycled supplies and lower global warming potential (GWP) alternatives. Additionally, the company participates in the carbon credit market through the generation of carbon offset projects linked to its reclamation activities.

Investors can evaluate the company’s historical performance and valuation metrics on ValueRay to gain deeper insight into its market position. Founded in 1990 and headquartered in Woodcliff Lake, New Jersey, Hudson Technologies serves a broad client base including wholesalers, contractors, and government entities.

Headlines to Watch Out For
  • AIM Act phasedown of HFC production increases virgin refrigerant prices
  • Reclamation volumes expand as regulatory mandates restrict new refrigerant supply
  • Cooling season temperature volatility impacts seasonal demand and inventory turnover
  • Pricing spreads between virgin and reclaimed gas drive gross margin fluctuations
Piotroski VR-10 (Strict) 4.5
Net Income: 14.2m TTM > 0 and > 6% of Revenue
FCF/TA: -0.11 > 0.02 and ΔFCF/TA -44.13 > 1.0
NWC/Revenue: 56.86% < 20% (prev 65.56%; Δ -8.70% < -1%)
CFO/TA -0.10 > 3% & CFO -30.1m > Net Income 14.2m
Net Debt (-14.1m) to EBITDA (27.6m): -0.51 < 3
Current Ratio: 3.38 > 1.5 & < 3
Outstanding Shares: last quarter (42.6m) vs 12m ago -6.68% < -2%
Gross Margin: 24.61% > 18% (prev 24.80%; Δ -0.19% > 0.5%)
Asset Turnover: 81.52% > 50% (prev 73.80%; Δ 7.73% > 0%)
Interest Coverage Ratio: 10.61 > 6 (EBIT TTM 21.4m / Interest Expense TTM 2.02m)
Altman Z'' 8.61
A: 0.46 (Total Current Assets 203.1m - Total Current Liabilities 60.1m) / Total Assets 308.9m
B: 0.49 (Retained Earnings 151.6m / Total Assets 308.9m)
C: 0.07 (EBIT TTM 21.4m / Avg Total Assets 308.4m)
D: 3.34 (Book Value of Equity 237.7m / Total Liabilities 71.2m)
Altman-Z'' = 8.61 = AAA
Beneish M -3.00
DSRI: 0.91 (Receivables 33.5m/33.2m, Revenue 251.4m/227.2m)
GMI: 1.01 (GM 24.80% / 24.61%)
AQI: 1.00 (AQ_t 0.25 / AQ_t-1 0.25)
SGI: 1.11 (Revenue 251.4m / 227.2m)
TATA: 0.14 (NI 14.2m - CFO -30.1m) / TA 308.9m)
Beneish M = -3.00 (Cap -4..+1) = AA
What is the price of HDSN shares?

As of July 09, 2026, the stock is trading at USD 6.44 with a total of 880,067 shares traded. Over the past week, the price has changed by +12.20%, over one month by +18.17%, over three months by +5.75% and over the past year by -22.69%.

Current recommended Stop Loss: 5.70 (which is 11.5% or 2.6 ATR below the current price).

Is HDSN a buy, sell or hold?

Hudson Technologies has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold HDSN.

  • StrongBuy: 1
  • Buy: 0
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HDSN price?
Analysts Target Price 8.5 32%
Hudson Technologies (HDSN) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 253.3m (253.3m USD * 1.0 USD.USD)
P/E Trailing = 18.8125
P/E Forward = 14.2857
P/S = 1.0592
P/B = 1.062
P/EG = 0.3923
Revenue TTM = 251.4m USD
EBIT TTM = 21.4m USD
EBITDA TTM = 27.6m USD
Long Term Debt = 3.16m USD (estimated: total debt 5.27m - short term 2.11m)
Short Term Debt = 2.11m USD (from shortTermDebt, last quarter)
Debt = 5.27m USD (from shortLongTermDebtTotal, last quarter) (leases 5.27m already included)
Net Debt = -14.1m USD (calculated: Debt 5.27m - CCE 19.4m)
Enterprise Value = 239.2m USD (253.3m + Debt 5.27m - CCE 19.4m)
Interest Coverage Ratio = 10.61 (Ebit TTM 21.4m / Interest Expense TTM 2.02m)
EV/FCF = -6.86x (Enterprise Value 239.2m / FCF TTM -34.8m)
FCF Yield = -14.57% (FCF TTM -34.8m / Enterprise Value 239.2m)
FCF Margin = -13.86% (FCF TTM -34.8m / Revenue TTM 251.4m)
Net Margin = 5.66% (Net Income TTM 14.2m / Revenue TTM 251.4m)
Gross Margin = 24.61% ((Revenue TTM 251.4m - Cost of Revenue TTM 189.5m) / Revenue TTM)
Gross Margin QoQ = 19.70% (prev 7.98%)
Tobins Q-Ratio = 0.77 (Enterprise Value 239.2m / Total Assets 308.9m)
Interest Expense / Debt = 38.32% (Interest Expense 2.02m / Debt 5.27m)
Taxrate = 31.00% (6.40m / 20.6m)
NOPAT = 14.8m (EBIT 21.4m * (1 - 31.00%))
Current Ratio = 3.38 (Total Current Assets 203.1m / Total Current Liabilities 60.1m)
Debt / Equity = 0.02 (Debt 5.27m / totalStockholderEquity, last quarter 237.7m)
Debt / EBITDA = -0.51 (Net Debt -14.1m / EBITDA 27.6m)
 Debt / FCF = 0.40 (negative FCF - burning cash) (Net Debt -14.1m / FCF TTM -34.8m)
 Total Stockholder Equity = 250.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.62% (Net Income 14.2m / Total Assets 308.9m)
RoE = 5.69% (Net Income TTM 14.2m / Total Stockholder Equity 250.4m)
RoCE = 8.45% (EBIT 21.4m / Capital Employed (Equity 250.4m + L.T.Debt 3.16m))
RoIC = 6.20% (NOPAT 14.8m / Invested Capital 238.3m)
WACC = 8.91% (E(253.3m)/V(258.5m) * Re(8.55%) + D(5.27m)/V(258.5m) * Rd(38.32%) * (1-Tc(0.31)))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -77.78 | Cagr: -4.70%
 [DCF] Fair Price = unknown (Cash Flow -34.8m)
 EPS Correlation: -93.65 | EPS CAGR: -40.26% | SUE: -0.77 | # QB: 0
Revenue Correlation: -80.63 | Revenue CAGR: -8.73% | SUE: 0.80 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=-19.51% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=-20.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=0.34 | Chg30d=-14.81% | Revisions=-25% | GrowthEPS=-21.6% | GrowthRev=+2.7%
EPS next Year (2027-12-31): EPS=0.41 | Chg30d=-7.78% | Revisions=+0% | GrowthEPS=+20.3% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: -25% (up=0, down=1)