An update from CXApp ( (CXAI) ) is now available.
CXApp Inc. reported record business performance for 2024, driven by its transformation into an AI-centric subscription application business. The company successfully deployed new products like CXAI Kiosk and CXAI VU, and achieved significant improvements in financial metrics, including double-digit ARR growth and a shift towards a subscription-based revenue model. The company also completed major deployments with large enterprise clients and strengthened its strategic partnership with Google Cloud, positioning itself as a leader in the employee experience market. Looking ahead, CXApp anticipates continued growth and expansion in 2025, leveraging its innovative AI capabilities to meet the evolving needs of its clients.
Spark’s Take on CXAI Stock
According to Spark, TipRanks’ AI Analyst, CXAI is a Neutral.
CXApp’s overall score reflects a company facing significant financial headwinds, with declining revenues, high net losses, and cash flow issues. While technical analysis provides some neutral signals, and the earnings call reports progress through strategic partnerships and cost reductions, these are overshadowed by ongoing challenges in profitability and valuation.
To see Spark’s full report on CXAI stock, click here.
More about CXApp
CXApp Inc. is a global technology leader in employee workplace experiences, headquartered in the SF Bay Area. The company operates the CXAI SaaS platform, which integrates customer experience (CX) and artificial intelligence (AI) to provide digital transformation for workplaces, enhancing experiences across various sectors including technology, financial services, consumer, healthcare, and media entertainment.
YTD Price Performance: -29.00%
Average Trading Volume: 2,229,235
Technical Sentiment Signal: Strong Buy
Current Market Cap: $26.47M
For detailed information about CXAI stock, go to TipRanks’ Stock Analysis page.