Mobile Infrastructure Corp (BEEP) AI Stock Analysis

• Market Cap: $168.75M
• Dividend Yield: N/A
• Average Volume (3M): 87.73K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.01
• Revenue Growth: 13.81%
• EPS Growth: 89.84%
• Country: US
• Employees: 18
• Sector: Industrials
• Sector Strength: 89
• Industry: Real Estate - General
• EPS (TTM): -0.10
• Shares Outstanding: 42,400,000
• 10 Day Avg. Volume: 32,034
• 30 Day Avg. Volume: 87,729
• PEG Ratio: 2.31
• Price to Book (P/B): 1.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -134.69
• Enterprise Value/Market Cap: 2.30
• Enterprise Value/Revenue: 2.71
• Enterprise Value/Gross Profit: 15.00
• Enterprise Value/Ebitda: 23.16
• 1Y Price Target: $6.75
• Price Target Upside: 78.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 48 Neutral
• Price Target: $4.00 ▲(5.82%Upside)

The overall score reflects the company's financial struggles, particularly its negative cash flows and profitability issues, which are the most significant concerns. Technical indicators and strategic initiatives offer some positive offset, but significant improvement is needed to enhance investor confidence.

Positive Factors

Asset Management Technology

MIC has developed proprietary asset management technology that optimizes the financial performance of parking facilities, thus driving growth in net operating income generated by existing and acquired assets.

Investment Rating

With potential appreciation of 73% to the price target, an OUTPERFORM investment rating is given to Mobile Infrastructure Corporation.

Undervalued Shares

Shares are considered significantly undervalued, trading at a lower EV/EBITDA multiple compared to peers.

Negative Factors

4Q24 Results

BEEP reported 4Q24 results with revenue and adjusted EBITDA below expectations.

Financial Performance

1Q25 results showed revenue and adjusted EBITDA below expectations due to seasonal weakness and location-specific obstacles.

Guidance Exclusions

Initial 2025 guidance is for solid growth but excludes the potentially very positive impact of asset rotation.

Mobile Infrastructure Corp Business Overview & Revenue Model

Company Description

Mobile Infrastructure Corporation is a Maryland corporation formed on May 4, 2015. The Company focuses on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The Company targets both parking garage and surface lot properties primarily in top 50 U.S. Metropolitan Statistical Areas (MSAs), with proximity to key demand drivers, such as commerce, events and venues, government and institutions, hospitality and multifamily central business districts. As of June 30, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,676 parking spaces and approximately 5.4 million square feet. The Company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.

How the Company Makes Money

Mobile Infrastructure Corp (BEEP) generates revenue primarily through leasing agreements with mobile network operators. These operators pay for access to BEEP's cell towers and infrastructure, which are critical for broadcasting their wireless signals and expanding their network coverage. BEEP may also engage in strategic partnerships with telecom companies to co-develop infrastructure projects, providing additional revenue streams. The company benefits from long-term contracts with its clients, ensuring a steady income over time. Factors such as increased demand for wireless data, network expansion projects, and technological upgrades contribute significantly to BEEP's earnings.

Mobile Infrastructure Corp Financial Statement Overview

Summary

Mobile Infrastructure Corp faces substantial financial challenges with negative cash flows and net losses. Moderate debt levels and some equity stability provide a partial cushion, but the need for improved operational efficiency is critical.

Income Statement

Mobile Infrastructure Corp has shown some revenue growth over the years, but profitability remains a concern with persistent net losses. The TTM data indicates a decrease in both revenue and profitability metrics, with a declining EBIT and EBITDA margin, as well as negative net profit margins.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio, suggesting some leverage. However, the equity ratio is reasonable, indicating a stable base of stockholders' equity compared to total assets. Despite this, the high level of total debt may pose a risk if profitability does not improve.

Cash Flow

Cash flow analysis reveals significant pressures, with negative operating and free cash flows in the TTM period. The operating cash flow to net income ratio is also unfavorable, indicating challenges in converting revenue into operational cash. Positive cash flow from investing activities offers some relief but is insufficient to offset the overall negative free cash flow trends.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	37.01M	30.27M	29.10M	20.42M	16.59M
Gross Profit	22.63M	21.11M	19.27M	13.46M	16.59M
EBITDA	13.85M	-15.82M	2.83M	2.35M	-24.57M
Net Income	-5.76M	-25.12M	-8.12M	-11.06M	-26.47M
Balance Sheet
Total Assets	415.06M	423.24M	436.11M	429.15M	293.73M
Cash, Cash Equivalents and Short-Term Investments	10.65M	11.13M	5.76M	11.80M	4.24M
Total Debt	213.16M	192.90M	219.68M	207.15M	159.34M
Total Liabilities	225.79M	220.28M	249.10M	223.32M	159.34M
Stockholders Equity	169.98M	109.39M	87.33M	98.45M	108.78M
Cash Flow
Free Cash Flow	-1.29M	-3.95M	-1.07M	-20.77M	-6.31M
Operating Cash Flow	-784.00K	-2.13M	1.51M	-20.06M	-6.31M
Investing Cash Flow	4.24M	-346.00K	-19.44M	-20.25M	1.49M
Financing Cash Flow	-4.34M	8.21M	12.21M	48.97M	1.07M

Mobile Infrastructure Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.78
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BEEP, the sentiment is Negative. The current price of 3.78 is below the 20-day moving average (MA) of 4.24, below the 50-day MA of 4.05, and above the 200-day MA of 3.77, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 34.57 is Neutral, neither overbought nor oversold. The STOCH value of 13.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BEEP.

Mobile Infrastructure Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	58 Neutral	HK$14.16B	4.53	-3.01%	6.82%	3.67%	-54.16%
FLX	55 Neutral	$222.53M	124.65	-53.71%	―	-7.95%	-83128.57%
SLND	50 Neutral	$244.06M	―	-53.62%	―	-20.63%	-611.23%
BEEP	48 Neutral	$168.75M	―	-5.55%	―	13.81%	89.84%
FORR	46 Neutral	$181.67M	―	-45.64%	―	-9.61%	-18170.36%
GENC	―	$205.50M	14.47		―	―	―
EAF	40 Neutral	$273.64M	―	-213.73%	―	-16.86%	50.05%

Mobile Infrastructure Corp Corporate Events

Mobile Infrastructure Corp Announces Leadership Transition

On June 18, 2025, Mobile Infrastructure Corporation announced a leadership transition effective August 1, 2025, with Stephanie Hogue, the current President, assuming the role of Chief Executive Officer, while Manuel Chavez III will transition to Executive Chairman of the Board. This transition is part of the company’s strategic growth plan and aims to enhance long-term value creation. Additionally, the company held its 2025 annual meeting of stockholders, where six directors were elected, and announced the formation of an Investment Committee and the declaration of preferred stock dividends, reflecting its focus on optimizing its portfolio and driving shareholder value.

The most recent analyst rating on (BEEP) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Mobile Infrastructure Corp Declares Monthly Dividends

On May 20, 2025, Mobile Infrastructure Corporation’s board of directors declared the payment of monthly dividends for its Series A and Series 1 Preferred Stock, to be distributed on June 12, 2025. This decision reflects the company’s ongoing commitment to rewarding its shareholders, with future dividends subject to the board’s discretion based on financial conditions and other relevant factors.

The most recent analyst rating on (BEEP) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Mobile Infrastructure Corp Transfers Listing to Nasdaq

On May 12, 2025, Mobile Infrastructure Corp announced its decision to transfer the listing of its common stock from the NYSE American to Nasdaq, with trading on Nasdaq commencing on May 23, 2025. The company reported stable first quarter 2025 revenue, despite a decrease in total revenue compared to the previous year, and highlighted its ongoing portfolio optimization and asset rotation strategy to enhance long-term growth. The transfer to Nasdaq is expected to enhance liquidity and attract a broader shareholder base, aligning with the company’s strategic goals.

The most recent analyst rating on (BEEP) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.