Gevo Inc. (GEVO) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, GEVO scores 24 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are: Fundamental Cash Engine at 4/20 (ROIC -2.9%; FCF yield -14.55%), Whale 13F Flow at 3/20 (institutional accumulation and options positioning), Insider Conviction at 3/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 6/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet at 8/20 (Altman Z 0.2; Piotroski F 5/9; Debt/Equity 0.35).

Investor implication: the weakest pillars are the cash engine and the ownership-flow signals, meaning the business is not currently converting capital into positive returns or free cash, and the rating system finds little evidence of conviction from insiders or large institutions. The balance sheet pillar scores somewhat higher than the others, but an Altman Z of 0.2 sits in a range the rating treats as distress-adjacent, so the modest score reflects forensic caution rather than comfort. A prospective investor would need to weigh any upside narrative against negative free cash flow and an unfavorable forensic profile. The verdict is a quantitative screen output, not a recommendation.

Gevo Inc. is a NASDAQ-listed issuer classified in the Materials sector and Major Chemicals industry, per the profile section. The source data does not describe its products, customers, or revenue model. The reported revenue figures and carbon removal credit sales referenced in the news wire indicate the company generates revenue from carbon-related credit transactions, but the source data does not further detail its business lines or how it monetizes them.

Per the SEC financials, the company reported net losses in all three periods, with FY 2025 revenue rising sharply to $160.6M from $16.9M in FY 2024, while operating and net losses narrowed. Per the market data, the operating margin is -12.6%, net margin -21.1%, gross margin 0%, and ROIC -2.9%. Per the Roarable RQD rating, the Altman Z-Score is 0.2, the Piotroski F-Score is 5/9, and Debt/Equity is 0.35. Cash fell from $189.4M to $81.2M while debt rose from $67.1M to $164.8M across the two most recent reported years.

Per the recent news and catalysts section, the wire contains six items, all related to GEVO, with light signals of mostly YELLOW (market wire) and one GREEN catalyst. The headlines cover a stock move reported as trading up, a price target maintained at $14 by H.C. Wainwright, a sale of 10,000 carbon removal credits with the stock gaining 5%, and several general quote and forecast pages. The only item tagged as a catalyst is the carbon credit sale. The price target headline stands out against the $1.21 price in market data, but the source does not provide the basis for the target. The butterfly supply-chain graph reports no supply-chain links and no proprietary signals.

• What is the company's product mix and what share of FY 2025 revenue comes from carbon credit sales versus other activities?
• Why did cash decline by roughly $108M between FY 2024 and FY 2025 and how is the company funding operating losses?
• What is the basis for the $14 price target referenced in the news wire, given the $1.21 price?
• What are the debt maturities and covenant terms behind the increase in debt to $164.8M?
• What drove the swing from $16.9M to $160.6M in revenue, and is that revenue recurring?