Brand Engagement Network Raises Capital via Warrant Exercises

Brand Engagement Network ( (BNAI) ) has shared an update.

On January 28, 2026, Brand Engagement Network, Inc. issued 48,702 shares of its common stock upon the exercise of previously issued and registered warrants, generating $1,315,974 in cash proceeds at exercise prices ranging from $25.00 to $37.00 per share. The transaction modestly increased the company’s share count, bringing total outstanding common stock to an estimated 5,827,216 shares and leaving the public float at approximately 3,129,047 shares, reflecting incremental equity financing and a slight dilution for existing shareholders.

The most recent analyst rating on (BNAI) stock is a Hold with a $54.00 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI Stock Forecast page.

Spark’s Take on BNAI Stock

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

The score is held down primarily by very weak financial performance (negative gross margin, very large losses, and ongoing cash burn with leverage that is high relative to profitability). Technicals are a secondary positive due to strong trend above moving averages, but overbought readings raise near-term risk. Corporate actions modestly improve balance-sheet flexibility, while valuation remains constrained by unprofitability and no indicated dividend support.

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

More about Brand Engagement Network

Brand Engagement Network, Inc. is a publicly traded company that issues common stock and related securities, such as warrants, to investors in the capital markets as part of its corporate financing activities.

Average Trading Volume: 8,779,458

Technical Sentiment Signal: Buy

Current Market Cap: $233.4M

For detailed information about BNAI stock, go to TipRanks’ Stock Analysis page.