Aeries Technology (AERT)
NASDAQ:AERT
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Aeries Technology
(NASDAQ:AERT)
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Rating:41Neutral
Price Target:
$0.31
▼(-39.81% Downside)
Action:ReiteratedDate:03/04/26
The score is primarily held down by weak financial performance—declining TTM revenue, recent net losses, and a strained balance sheet with negative equity—only partly offset by improved recent cash flow. Technicals also remain bearish with the stock below key moving averages. Corporate actions are mixed, with buyback authorization offset by financing/forward-transaction terms that add risk.
Positive Factors
Recurring managed‑services revenue
A recurring managed‑services model tied to ongoing FTE/service contracts creates predictable revenue streams and higher client lifetime value. Long‑term relationships with private equity sponsors and portfolio companies support repeat mandates and cross‑sell opportunities, stabilizing revenue over multiple quarters.
Negative Factors
Revenue decline and margin volatility
A steep TTM revenue decline and swings from profit to deep losses indicate persistent demand or execution issues. This reduces scale economics, puts sustained pressure on gross and operating margins, and means management must restore top‑line growth to achieve durable margin recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring managed‑services revenue
A recurring managed‑services model tied to ongoing FTE/service contracts creates predictable revenue streams and higher client lifetime value. Long‑term relationships with private equity sponsors and portfolio companies support repeat mandates and cross‑sell opportunities, stabilizing revenue over multiple quarters.
Read all positive factors
Aeries Technology (AERT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$16.47M
Dividend YieldN/A
Average Volume (3M)643.58K
Price to Earnings (P/E)5.8
Beta (1Y)0.64
Revenue Growth-3.87%
EPS Growth-104.63%
CountryUS
Employees1,700
SectorIndustrials
Sector Strength72
IndustryConsulting Services
Share Statistics
EPS (TTM)0.02
Shares Outstanding50,209,717
10 Day Avg. Volume132,326
30 Day Avg. Volume643,581
Financial Highlights & Ratios
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 Cap1.65
Enterprise Value/Revenue0.39
Enterprise Value/Gross Profit1.57
Enterprise Value/Ebitda10.83
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 so...
How the Company Makes Money
Aeries Technology generates revenue mainly by providing outsourced business services under service contracts to client companies (notably private equity-owned portfolio companies). Its primary revenue stream is recurring fees for ongoing delivery ...
Aeries Technology Key Performance Indicators (KPIs)
Aeries Technology Earnings Call Summary
Earnings Call Date:Jul 02, 2025
(Q4-2025)
| % Change Since: |
Next Earnings Date:Oct 05, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strong execution in core markets and successful strategic shifts, resulting in exceeding EBITDA guidance. However, the overall revenue decline and significant losses indicate ongoing challenges. The sentiment is balanced between positive strategic achievements and financial setbacks.Positive Updates
Exceeded EBITDA Guidance
Aeries Technology ended the fiscal year 2025 with a core adjusted EBITDA of $7.4 million, surpassing the guidance of $6 million to $7 million, underscoring the strength of their focused execution and realignment efforts.
Negative Updates
Overall Revenue Decline
Total revenue for fiscal year 2025 was $70.2 million, a decline from $72.5 million in FY 2024, driven by the exit from the Middle East business.
Read all updates
Q4-2025 Updates
Positive
Negative
Exceeded EBITDA Guidance
Aeries Technology ended the fiscal year 2025 with a core adjusted EBITDA of $7.4 million, surpassing the guidance of $6 million to $7 million, underscoring the strength of their focused execution and realignment efforts.
Read all positive updates
Company Guidance
During the Aeries Technology Full Year 2025 Earnings and Business Update Call, the company reported surpassing its core adjusted EBITDA guidance of $6 million to $7 million, achieving $7.4 million for the fiscal year, reflecting a 365% increase from the previous year. Aeries' total revenue for FY 2025 was $70.2 million, with North American revenue growing 15% year-over-year to $65.5 million, despite a slight overall revenue decline due to exiting the Middle East market. The company ended the year with a net loss of $21.6 million, gross profit of $16.7 million (23.8% margin), and adjusted EBITDA of negative $4.7 million. Aeries anticipates revenues of $74 million to $80 million and adjusted EBITDA of $6 million to $8 million for FY 2026, driven by a focus on North American markets and the expansion of their Global Capability Center model.Aeries Technology Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
22
Negative
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Sep 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 69.20M | 70.20M | 72.51M | 53.10M | 41.01M |
| Gross Profit | 17.23M | 16.72M | 21.64M | 13.66M | 12.01M |
| EBITDA | 2.50M | -20.53M | 21.34M | 4.12M | 7.59M |
| Net Income | -2.93M | -19.71M | 15.66M | 1.45M | 4.03M |
Balance Sheet | |||||
| Total Assets | 41.98M | 39.83M | 49.41M | 34.40M | 18.86M |
| Cash, Cash Equivalents and Short-Term Investments | 2.57M | 2.76M | 2.08M | 1.13M | 351.00K |
| Total Debt | 14.36M | 17.86M | 16.37M | 8.80M | 1.99M |
| Total Liabilities | 42.78M | 45.94M | 50.59M | 20.93M | 10.17M |
| Stockholders Equity | -1.19M | -5.80M | -12.24M | 12.19M | 7.56M |
Cash Flow | |||||
| Free Cash Flow | 5.51M | -2.49M | -5.82M | 511.00K | 1.51M |
| Operating Cash Flow | 5.63M | -1.01M | -4.30M | 2.11M | 3.16M |
| Investing Cash Flow | -762.00K | -858.00K | -1.74M | -1.56M | -437.00K |
| Financing Cash Flow | -4.61M | 2.43M | 7.06M | 252.00K | -3.54M |
Aeries Technology Technical Analysis
Negative
0.52
Price Trends
0.44
Negative
0.51
Negative
0.67
Negative
Market Momentum
-0.03
Negative
44.74
Neutral
17.34
Positive
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 above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.44, and below the 200-day MA of 0.67, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 44.74 is Neutral, neither overbought nor oversold. The STOCH value of 17.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AERT.
Aeries Technology Risk Analysis
Aeries Technology disclosed 92 risk factors in its most recent earnings report. Aeries Technology reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Aeries Technology Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $1.83M | ― | ― | ― | ― | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | $157.00M | -14.66 | -2.17% | ― | -7.02% | -86.27% | |
48 Neutral | $125.30M | -3.17 | -59.80% | 6.74% | -10.83% | -1669.11% | |
46 Neutral | $114.67M | -1.29 | -80.76% | ― | -8.73% | -1168.15% | |
41 Neutral | $16.47M | 5.84 | ― | ― | -3.87% | -104.63% |
* Industrials Sector Average
AERT
Aeries Technology
0.33
-0.32
-48.99%
FORR
Forrester Research
5.98
-3.43
-36.45%
FC
Franklin Covey Company
13.59
-15.38
-53.09%
RGP
Resources Connection
3.74
-2.58
-40.79%
GRNQ
Greenpro Capital
2.28
1.38
152.78%
VCIG
VCI Global Limited
1.68
-20,860.32
-99.99%
Aeries Technology Corporate Events
Business Operations and StrategyExecutive/Board ChangesStock BuybackShareholder MeetingsStock Split
Aeries Technology Shareholders Approve All AGM Resolutions
Positive
Mar 4, 2026
At its 2026 Annual General Meeting on March 3, 2026, Aeries Technology won shareholder approval for all five resolutions, including the election of four directors, ratification of Manohar Chowdhry Associates as auditor for the fiscal year ended M...
Business Operations and StrategyStock Buyback
Aeries Technology Authorizes $5 Million Share Repurchase Program
Positive
Mar 2, 2026
On March 2, 2026, Aeries Technology, Inc. announced that its board had authorized a share repurchase program of up to $5.0 million of its outstanding Class A ordinary shares over a twelve-month period. The authorization allows repurchases through ...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Aeries Technology Amends Forward Deal, Sets New Repayment Terms
Negative
Jan 28, 2026
On January 22, 2026, Aeries Technology, Inc. amended its existing letter agreement with Sandia Investment Management LP related to a prior OTC equity prepaid forward transaction, formalizing that Sandia may continue selling its Class A ordinary sh...
Private Placements and FinancingRegulatory Filings and Compliance
Aeries Technology Extends Equity Forward Sale Agreement Period
Neutral
Jan 7, 2026
On December 31, 2025, Aeries Technology, Inc. amended a prior letter agreement with Sandia Investment Management LP that governs the sale of Aeries’ Class A ordinary shares held by Sandia under an existing OTC Equity Prepaid Forward Transact...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.