Rain Enhancement Technologies Holdco RAIN

NASDAQ RAIN
$0.56 -0.06 (-9.62%)
At close: Oct 21, 2026 · 4:00 PM EDT

Rain Enhancement Technologies Holdco (RAIN) stock price is $0.56, down 9.62% on the day, as of Oct 21, 2026. It has a market cap of $4.41Mn, and is classified in the Water Treatment industry (Industrials sector).

Key Stats
Market Cap4.41 Mn
P/E-0.86
Div. Yield0.00
Total Debt (Qtr)8.87 Mn
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About

Rain Enhancement Technologies Holdco, Inc. develops, manufactures and commercializes atmospheric enhancement by ionization technology to enhance rainfall and snowfall for water-scarce regions. The company focuses on its proprietary Weather Enhancement Technology Array platform integrating software, meteorology, hardware, product design and operations to make precipitation generation more dependable. Its technology aims to improve existing rain and snowfall generation by…

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Sector: Industrials Sector rationale The company designs and manufactures hardware systems (Weather Enhancement Technology Array) and provides operating services to governmental and commercial entities to enhance precipitation and mitigate fog. These activities fall under Industrial Machinery or Environmental Services, as the company sells the capability of its physical equipment and the resulting operational service to other businesses and governments. Industries: Water Treatment Water Treatment Primary The company develops and sells atmospheric enhancement technology specifically to improve water availability and enhance rainfall and snowfall for water-scarce regions. Its core business is the management and generation of water resources for governmental entities and commercial enterprises, which aligns with the water treatment and management scope of I-38. Industrial Machinery Industrial Machinery Secondary The company manufactures the Weather Enhancement Technology Array (WETA) platform, which consists of hardware, automation systems, and rain gauges used to generate precipitation. This constitutes the production of specialized industrial machinery for atmospheric modification. Classified using BQ-MICS CIK: 0002028293
Peer percentiles

How Rain Enhancement Technologies Holdco ranks

Ranked against the 21 companies in Environmental Equipment58 metrics · as of Oct 21, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −0.92xMedian 25.1x 11th
  • P/FCFNegative free cash flow −1.56xMedian 24.2x 13th
  • P/Operating cash flowNegative operating cash flow −1.73xMedian 20.6x 7th
  • P/S —Median 2.72x No data —
  • P/BNegative shareholder equity −0.49xMedian 1.97x Not meaningful —
  • P/Tangible bookNegative tangible equity −0.49xMedian 2.34x Not meaningful —
  • EV/EBITDA —Median 18.2x No data —
  • EV/EBITNegative EBIT −1.39xMedian 19.9x 13th
  • EV/Revenue —Median 2.87x No data —
  • EV/FCFNegative free cash flow −3.86xMedian 24.5x 23rd
  • EV/Operating cash flowNegative operating cash flow −4.29xMedian 21.0x 23rd
  • PEG (3Y EPS CAGR) —Median 1.49 No data —
Peer group

Peer Comparison

Companies in the Water Treatment
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 ECL Ecolab Inc. 80.76 Bn38.164.8013.18 Bn
2 XYL Xylem Inc. 25.08 Bn24.642.752.93 Bn
3 VLTO Veralto Corp 24.81 Bn25.124.363.38 Bn
4 BMI Badger Meter Inc 3.83 Bn30.484.35-
5 CECO Ceco Environmental Corp 2.55 Bn-83.382.830.73 Bn
6 NWPX NWPX Infrastructure, Inc. 0.96 Bn19.671.670.01 Bn
7 ERII Energy Recovery, Inc. 0.34 Bn22.332.84-
8 RAIN Rain Enhancement Technologies Holdco, Inc. 0.00 Bn-0.86-0.01 Bn