Arrive AI Inc. (ARAI) AI Stock Analysis

• Market Cap: $63.64M
• Dividend Yield: N/A
• Average Volume (3M): 92.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 5.16
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 7
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 34,213,387
• 10 Day Avg. Volume: 96,474
• 30 Day Avg. Volume: 92,336
• PEG Ratio: 2.33
• Price to Book (P/B): -404.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -165.23
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 651.08
• Enterprise Value/Gross Profit: 1.67K
• Enterprise Value/Ebitda: -6.77
• 1Y Price Target: $12.00
• Price Target Upside: 107.97% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $2.00 ▼(-65.34% Downside)

The score is driven primarily by very weak financial performance (no revenue, ongoing losses, negative cash flow, and negative equity). Technicals add further pressure with a clear downtrend (below key moving averages and negative MACD), only partially offset by near-oversold momentum readings. Valuation cannot be meaningfully assessed due to missing P/E and dividend yield.

Positive Factors

Very low debt level

Minimal debt provides durable balance-sheet flexibility versus highly leveraged peers. With limited fixed financing obligations, Arrive AI can prioritize operational spending or strategic pivots without immediate insolvency risk, which matters given ongoing cash burn and fundraising needs.

Improving cash burn trend

A measurable reduction in operating cash outflows signals management progress controlling expenses or optimizing operations. If sustained, this improves runway and reduces required external financing, making the company less reliant on dilutive capital raises over the medium term.

Access to financing via purchase agreements

Ability to secure multi‑million dollar financings from institutional investors demonstrates ongoing external funding appetite and a concrete path to support operations. This structural access helps sustain development efforts while the company pursues product/market traction.

Negative Factors

Zero reported revenue

No revenue over multiple years indicates lack of commercial product-market fit and means operations are entirely financing-driven. Without recurring sales, long-term sustainability depends on successful product commercialization or perpetual external funding, raising structural execution risk.

Negative shareholders' equity

Sustained negative equity reflects accumulated losses and constrains financial flexibility. It weakens creditor confidence, can limit access to traditional financing, and increases the likelihood that future funding will be dilutive or costly, posing a persistent solvency and governance challenge.

Persistent negative operating and free cash flow

Continued multi‑million dollar cash burn requires regular external capital and limits ability to invest in scaling products or go‑to‑market. Over the medium term, this structural cash deficit raises dilution risk and constrains strategic optionality unless revenue generation or cash flow turns positive.

Arrive AI Inc. Business Overview & Revenue Model

Company Description

Arrive AI Inc. operates subscription-based platform, a Mailbox-as-a-Service. Its mailbox enables automated delivery of packages, products, food, etc. on-demand, smart, secure, climate-controlled deliveries by couriers, drones, and robots. The company was formerly known as Arrive Technology Inc. and changed its name to Arrive AI Inc. in September 2024. Arrive AI Inc. was incorporated in 2020 and is based in Fishers, Indiana.

How the Company Makes Money

Arrive AI Inc. Financial Statement Overview

Summary

Financials are very weak: zero revenue (2021–2024), recurring multi-million-dollar losses, and consistently negative operating/free cash flow. Positives include very low debt and some improvement in 2024 loss and cash burn versus 2023, but negative equity is a major solvency and financing risk.

Income Statement

The company reports zero revenue across 2021–2024, while losses are sizable and persistent. Net loss widened from about -$1.5M (2021) to roughly -$7.3M (2023) before improving to about -$4.5M (2024), indicating some cost progress but not a durable earnings trajectory. With no revenue base, profitability and margin quality remain very weak and highly dependent on funding rather than operations.

Balance Sheet

Total debt is very low (about $19K in 2024), which limits balance-sheet leverage risk. However, stockholders’ equity turned negative in 2023 and deteriorated further in 2024 (about -$983K), a meaningful solvency concern that reduces financial flexibility. Assets increased in 2024 (about $988K), but negative equity and ongoing losses remain the key balance-sheet overhang.

Cash Flow

Operating cash flow and free cash flow are consistently negative, reflecting ongoing cash burn (2024 operating cash flow about -$2.3M; free cash flow about -$2.4M). Cash burn improved versus 2023 (operating cash flow moved from about -$2.8M to -$2.3M), and free cash flow also improved, but the business still consumes significant cash with no revenue support. Overall cash generation remains a major weakness despite incremental year-over-year improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	98.17K	0.00	0.00	0.00	0.00
Gross Profit	38.17K	-29.11K	0.00	0.00	0.00
EBITDA	-9.44M	-4.50M	-7.30M	-2.37M	-1.54M
Net Income	-10.24M	-4.54M	-7.32M	-2.39M	-1.53M
Balance Sheet
Total Assets	9.72M	987.79K	619.60K	2.53M	3.21M
Cash, Cash Equivalents and Short-Term Investments	816.72K	129.32K	325.47K	1.56M	2.68M
Total Debt	73.04K	19.08K	27.04K	33.69K	0.00
Total Liabilities	5.01M	1.97M	1.10M	165.75K	49.39K
Stockholders Equity	4.71M	-983.17K	-477.77K	2.37M	3.16M
Cash Flow
Free Cash Flow	-5.50M	-2.40M	-2.92M	-2.26M	-1.85M
Operating Cash Flow	-5.37M	-2.29M	-2.82M	-1.84M	-1.48M
Investing Cash Flow	-2.15M	-114.66K	-104.99K	-426.14K	-370.50K
Financing Cash Flow	8.05M	2.21M	1.69M	1.14M	4.25M

Arrive AI Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
VRAR	45 Neutral	$19.41M	-7.51	-19.02%	―	16.60%	70.20%
ARAI	44 Neutral	$63.64M	―	―	―	―	―
SURG	44 Neutral	$26.71M	―	-313.72%	―	-39.75%	-89.61%

Arrive AI Inc. Corporate Events

Arrive AI Secures $10 Million Financing via Note

On January 26, 2026, Arrive AI Inc. entered into a $10 million Pre-Paid Purchase No. 4 financing with Streeterville Capital, LLC under a previously established purchase agreement, issuing an unsecured promissory note with an original principal balance of $10.8 million that carries an 8% annual interest rate and features an $800,000 original issue discount. The structure allows Streeterville, at its discretion, to convert amounts outstanding into Arrive AI common shares at a price tied to the Nasdaq listing reference price or a discount to recent VWAPs, subject to a $0.25 per share floor and a 9.99% beneficial ownership cap, while exposing the company to potential cash repayment obligations and accelerated default provisions if its share price falls or certain covenants are breached. The company closed the transaction on December 26, 2026, receiving $10 million in proceeds, agreed via a side letter on January 26, 2026 to file a registration statement by February 9, 2026 to register at least 10 million purchase shares, and engaged Maxim Group LLC as placement agent with a 4% cash fee, underscoring its continued reliance on private, exempt securities offerings to secure funding and manage its capital structure.

The most recent analyst rating on (ARAI) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on Arrive AI Inc. stock, see the ARAI Stock Forecast page.

Arrive AI Inc. Secures $3M in New Financial Agreement

On December 3, 2025, Arrive AI Inc. finalized a financial agreement with Streeterville, securing $3,000,000 through a Pre-Paid Purchase arrangement. This deal involves an unsecured promissory note with a principal balance of $3,240,000, including an original issue discount, and bears an 8% annual interest rate. The agreement allows the investor to purchase shares at favorable terms, subject to certain conditions and limitations. The transaction, facilitated by Maxim Group LLC, positions Arrive AI Inc. to manage its financial obligations while navigating potential market fluctuations and regulatory requirements.

The most recent analyst rating on (ARAI) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Arrive AI Inc. stock, see the ARAI Stock Forecast page.