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The latest announcement is out from CXApp ( (CXAI) ).
CXApp Inc. reported first-quarter 2026 results on May 13, 2026, highlighting $0.95 million in revenue, $1.4 million in largely recurring bookings and a strong 83% GAAP gross margin, alongside a cash balance of $12.3 million and rising deferred revenue of $2 million. The company emphasized its high-quality revenue mix, with subscriptions comprising about 98% of revenue, and pointed to solid operational execution including two major enterprise renewals and continued deployment of agentic AI pilot initiatives.
In the quarter ended March 31, 2026, CXApp also announced approximately $5 million in total contract value from three major enterprises that selected its AI-native workplace platform after competitive RFPs, reinforcing accelerating demand for its vertical AI operating layer for offices. These multi-year agreements, spanning operations in more than 100 countries and structured with volume-based pricing, combined with recent recognition as a Visionary in Gartner’s Magic Quadrant for Workplace Experience Applications, underscore CXApp’s strengthening position in AI-powered workplace transformation and its drive toward scalable, recurring enterprise growth.
The most recent analyst rating on (CXAI) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on CXApp stock, see the CXAI Stock Forecast page.
Spark’s Take on CXAI Stock
According to Spark, TipRanks’ AI Analyst, CXAI is a Neutral.
The score is driven primarily by weak financial performance (large ongoing losses and cash burn with rising leverage) and bearish technicals (price below key moving averages with negative MACD). Earnings-call messaging and guidance provide some offset via improving margins, a shift to recurring revenue, and an optimistic 2026 growth outlook, but dilution and Nasdaq compliance events remain notable near-term risks.
To see Spark’s full report on CXAI stock, click here.
More about CXApp
CXApp Inc., headquartered in the San Francisco Bay Area and listed on Nasdaq as CXAI, provides AI-powered workplace experience platforms that sit at the intersection of customer experience and artificial intelligence. Its CXAI platform serves major Fortune 1000 clients across technology, financial services, consumer, healthcare and media and entertainment sectors, delivering digital workplace transformation across people, places and systems.
Positioned as a vertical AI layer for the modern office, the company offers mobile apps, web portals, interactive kiosks, indoor wayfinding and real-time analytics through CXAI VU, tightly integrated with enterprise tools such as Microsoft Exchange, Teams, Active Directory and Microsoft Places. CXApp targets the rapidly growing markets for digital workplace platforms and enterprise AI agents with a recurring software subscription model designed to scale with user, location and workflow expansion.
Average Trading Volume: 9,874,541
Technical Sentiment Signal: Sell
Current Market Cap: $9.42M
Find detailed analytics on CXAI stock on TipRanks’ Stock Analysis page.