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Banzai International Shareholders Approve 1-for-20 Reverse Split

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Banzai International Shareholders Approve 1-for-20 Reverse Split

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The latest announcement is out from Banzai International ( (BNZI) ).

On April 28, 2026, Banzai International, Inc. shareholders approved an amendment to the company’s certificate of incorporation authorizing a reverse stock split of its Class A and Class B common stock at a ratio of up to 1-for-20, with sufficient votes present to constitute a quorum and no need to adjourn the special meeting. Following this approval, the board set the split ratio at 1-for-20, which will reduce the outstanding shares from 19,902,346 to about 995,118 for Class A and from 677,118 to about 33,856 for Class B, with effectiveness expected on May 8, 2026 under Nasdaq rules, a move likely aimed at consolidating the share base and supporting continued compliance with listing requirements.

The most recent analyst rating on (BNZI) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Banzai International stock, see the BNZI Stock Forecast page.

Spark’s Take on BNZI Stock

According to Spark, TipRanks’ AI Analyst, BNZI is a Neutral.

The score is primarily weighed down by very weak financial performance—large ongoing losses and heavy cash burn—despite strong reported revenue growth and gross margin. Technicals add further pressure with a clear downtrend and negative MACD, even though the stock appears oversold. Valuation is penalized due to negative earnings and no dividend support, while the recent convertible financing modestly helps liquidity but raises dilution and funding-risk concerns.

To see Spark’s full report on BNZI stock, click here.

More about Banzai International

Banzai International, Inc. operates as a public company whose capital structure includes Class A and Class B common stock listed on Nasdaq, indicating an investor base that spans different share classes and voting rights within the broader public equities market.

Average Trading Volume: 844,018

Technical Sentiment Signal: Sell

Current Market Cap: $8.45M

See more data about BNZI stock on TipRanks’ Stock Analysis page.

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