Aeries Technology (AERT) AI Stock Analysis

• Market Cap: $27.72M
• Dividend Yield: N/A
• Average Volume (3M): 643.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.84
• Revenue Growth: -3.87%
• EPS Growth: -104.63%
• Country: US
• Employees: 1,700
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): <0.01
• Shares Outstanding: 48,853,810
• 10 Day Avg. Volume: 132,326
• 30 Day Avg. Volume: 643,581
• PEG Ratio: <0.01
• Price to Book (P/B): -4.31
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -10.02
• Enterprise Value/Market Cap: 1.71
• Enterprise Value/Revenue: 0.68
• Enterprise Value/Gross Profit: 2.64
• Enterprise Value/Ebitda: 26.29
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: $0.53 ▲(0.96% Upside)

Aeries Technology's overall stock score is primarily impacted by its financial instability and poor valuation metrics. The technical analysis suggests bearish momentum, further contributing to a low score. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

The increase in Q2 revenue indicates a positive turnaround and potential for sustained growth, positioning Aeries Technology for future expansion.

Business Model

Aeries Technology's durable business model, balancing automation investment with operating discipline, supports long-term profitability and growth.

Strategic Partnerships

Strategic partnerships and AI model expansion enhance Aeries Technology's competitive edge and market reach, fostering sustainable growth.

Negative Factors

Financial Instability

High leverage and negative equity indicate financial instability, which could limit Aeries Technology's ability to invest in growth opportunities.

Cash Flow Management

Negative free cash flow growth suggests challenges in cash generation, potentially affecting Aeries Technology's operational and strategic flexibility.

Operational Challenges

Operational inefficiencies reflected in negative EBIT margin could hinder profitability, requiring Aeries Technology to improve cost management.

Aeries Technology Business Overview & Revenue Model

Company Description

Aeries Technology, Inc. operates as a professional services and consulting partner in the United States and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. The company was founded in 2012 and is based in Orem, Utah.

How the Company Makes Money

Aeries Technology generates revenue through multiple streams, primarily by selling its software and hardware products to businesses in diverse industries. The company employs a subscription-based model for its cloud-based applications, providing customers with ongoing access to updates and support, which ensures a steady stream of recurring revenue. Additionally, AERT earns income through the sale of IoT devices and related services, as well as through strategic partnerships with other technology firms that enhance its product offerings. These collaborations often result in co-branded solutions or bundled services that appeal to a broader customer base. Furthermore, AERT may engage in consulting and implementation services, which provide additional revenue opportunities by helping clients optimize their technology investments.

Aeries Technology Financial Statement Overview

Summary

Aeries Technology faces financial instability with negative stockholders' equity, high leverage, and inconsistent cash flow performance. Despite strong revenue growth, the negative EBIT margin and weak cash generation indicate operational and financial challenges.

Income Statement

Aeries Technology has shown significant volatility in its income statement metrics. The TTM data indicates a positive net profit margin of 1.50%, but the EBIT margin is negative, reflecting operational challenges. Revenue growth in the TTM is strong at 70.6%, but this follows a decline in the previous annual period. The company needs to stabilize its operational efficiency to improve profitability.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a high debt-to-equity ratio of -5.43 in the TTM. This indicates high leverage and potential financial instability. The return on equity is negative, reflecting challenges in generating returns for shareholders.

Cash Flow

Cash flow analysis shows inconsistent performance. The TTM free cash flow growth is negative, and the operating cash flow to net income ratio is low at 0.04, indicating weak cash generation relative to net income. The company needs to improve its cash flow management to support operations and growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	69.35M	70.20M	72.51M	53.10M	41.01M
Gross Profit	17.93M	16.72M	21.64M	13.66M	12.01M
EBITDA	1.80M	-20.53M	21.34M	4.12M	7.59M
Net Income	1.04M	-19.71M	15.66M	1.45M	4.03M
Balance Sheet
Total Assets	40.48M	39.83M	49.41M	34.40M	18.86M
Cash, Cash Equivalents and Short-Term Investments	1.87M	2.76M	2.08M	1.13M	351.00K
Total Debt	16.71M	17.86M	16.37M	8.80M	1.99M
Total Liabilities	43.13M	45.94M	50.59M	20.93M	10.17M
Stockholders Equity	-2.90M	-5.80M	-12.24M	12.19M	7.56M
Cash Flow
Free Cash Flow	47.00K	-2.49M	-5.82M	511.00K	1.51M
Operating Cash Flow	1.18M	-1.01M	-4.30M	2.11M	3.16M
Investing Cash Flow	-804.00K	-858.00K	-1.74M	-1.56M	-437.00K
Financing Cash Flow	-2.15M	2.43M	7.06M	252.00K	-3.54M

Aeries Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AERT, the sentiment is Negative. The current price of 0.52 is below the 20-day moving average (MA) of 0.61, below the 50-day MA of 0.65, and below the 200-day MA of 0.73, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 22.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AERT.

Aeries Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VCIG	71 Outperform	$7.59M	―	―	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FC	59 Neutral	$190.48M	65.37	4.09%	―	-7.02%	-86.27%
RGP	51 Neutral	$151.93M	-0.80	-61.44%	7.22%	-10.83%	-1669.11%
FORR	42 Neutral	$143.50M	―	-43.39%	―	-8.73%	-1168.15%
AERT	40 Underperform	$27.72M	―	―	―	-3.87%	-104.63%

Aeries Technology Corporate Events

Aeries Technology Receives Nasdaq Delisting Notice

On September 30, 2025, Aeries Technology, Inc. received a notice from Nasdaq indicating that its Class A ordinary shares did not meet the minimum closing bid price of $1.00 per share for 30 consecutive business days, as required for continued listing. The company has until March 30, 2026, to regain compliance, during which its shares will continue to trade. If compliance is not achieved, Aeries Technology may qualify for an additional 180-day period to meet Nasdaq’s requirements, potentially through measures like a reverse stock split.

The most recent analyst rating on (AERT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Aeries Technology stock, see the AERT Stock Forecast page.

Aeries Technology Enters Sales Agreement with Roth Capital

On October 1, 2025, Aeries Technology, Inc. entered into a Sales Agreement with Roth Capital Partners, LLC to offer and sell its Class A ordinary shares, with a potential aggregate offering amount of up to $4.485 million. The sales will be conducted as an ‘at-the-market offering’ under the Securities Act of 1933, with the agent receiving a 3% commission on gross sales. The agreement allows for sales based on market conditions and the company’s capital needs, and includes provisions for reimbursement of certain expenses and indemnification rights.

The most recent analyst rating on (AERT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Aeries Technology stock, see the AERT Stock Forecast page.

Aeries Technology Updates Forward Purchase Agreement Terms

On September 16, 2025, Aeries Technology, Inc. entered into a Letter Agreement with Sandia Investment Management LP to address the terms of an existing Forward Purchase Agreement. The agreement allows for the sale of Class A ordinary shares held by Sandia to offset Aeries’ payment obligations, with a minimum sales price set through December 31, 2025. It also provides for the issuance of additional shares to Sandia based on specific conditions and clarifies payment obligations in the event of a change in control or delisting from Nasdaq.

The most recent analyst rating on (AERT) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Aeries Technology stock, see the AERT Stock Forecast page.

Aeries Technology Achieves Record Q1 FY2026 Results

Aeries Technology, Inc. is a global leader in AI-powered business transformation and Global Capability Center services, primarily serving private-equity portfolio companies with scalable, technology-driven solutions.