Mobile Infrastructure Corp (BEEP)
NASDAQ:BEEP
US Market
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Mobile Infrastructure Corp (BEEP) AI Stock Analysis

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BEEP

Mobile Infrastructure Corp

(NASDAQ:BEEP)

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Neutral 42 (OpenAI - 4o)
Rating:42Neutral
Price Target:
$3.00
▼(-7.98% Downside)
The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenue and negative cash flows. Technical analysis and valuation further contribute to the low score due to bearish momentum and poor valuation metrics. While the earnings call provided some positive insights, they are insufficient to offset the significant financial challenges.
Positive Factors
Asset-Backed Securitization
The successful securitization enhances capital flexibility, allowing BEEP to manage debt maturities and invest in growth opportunities, supporting long-term financial stability.
Residential Parking Growth
Strong growth in residential parking contracts provides a stable base of recurring income, indicating robust demand and supporting long-term revenue stability.
Partnerships with Major Carriers
Strategic partnerships with major carriers expand market reach and access to larger contracts, strengthening BEEP's competitive position in the telecommunications sector.
Negative Factors
Revenue Decline
The decline in revenue indicates challenges in maintaining sales growth, potentially impacting long-term profitability and market competitiveness.
High Leverage
High leverage poses risks to financial stability, limiting flexibility and increasing vulnerability to economic downturns, which could affect long-term viability.
Negative Cash Flow
Negative cash flow trends raise concerns about liquidity and the ability to sustain operations without external financing, impacting long-term operational stability.

Mobile Infrastructure Corp (BEEP) vs. SPDR S&P 500 ETF (SPY)

Mobile Infrastructure Corp Business Overview & Revenue Model

Company DescriptionMobile 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 MoneyBEEP generates revenue through multiple streams, primarily from service contracts for the installation and maintenance of mobile infrastructure. The company charges clients for its consulting services, which include network design and optimization, and earns ongoing revenue through managed services agreements. Additionally, BEEP partners with telecommunications providers and technology firms, creating opportunities for joint ventures and collaborative projects that further contribute to its earnings. Key partnerships with major mobile carriers enhance BEEP's market presence and provide access to larger contracts, while licensing its proprietary technology also serves as a significant revenue source.

Mobile Infrastructure Corp Earnings Call Summary

Earnings Call Date:Nov 10, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 18, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted several positive trends, such as an increase in contract parking volumes and residential parking growth, as well as successful financial maneuvers like refinancing and share repurchases. However, these were tempered by declines in revenue and transient traffic, along with challenges in specific markets like Detroit. The company demonstrates resilience and strategic planning, but faces notable short-term challenges.
Q3-2025 Updates
Positive Updates
Contract Parking Volume Increase
Contract parking volumes increased 1.4% sequentially and 8% year to date, indicating a positive trend in long-term pricing power and utilization.
Residential Parking Growth
Residential monthly contracts increased approximately 75% year over year and are up nearly 60% since year-end, showing strong demand and providing a stable base of recurring income.
Positive Trends in Cleveland
Cleveland experienced transient growth of 8% over the previous year’s third quarter, with residential and commercial monthly contracts up over 50% year over year.
Successful Asset-Backed Securitization
Completed a $100 million refinancing via an asset-backed securitization of 19 facilities, extending maturities to 2030 and increasing capital flexibility.
Share Repurchase Program
Repurchased over 1 million shares at an average price of $3.36 per share, indicating strong financial management and confidence in company valuation.
Negative Updates
Lower Year-over-Year Revenue
Revenue was $9.1 million in Q3 2025, down from $9.8 million in 2024, mainly due to lower transient volumes and construction-related impacts.
Decline in Revenue per Available Stall (RevPAS)
RevPAS was $212 in 2025, down 7.1% from $228 in 2024, reflecting challenges in transient volume and hotel occupancy.
Transient Traffic Decline
Transient volumes were down approximately 5% year over year, driven by softness in hotel and event traffic.
Impairment Loss
A $2.5 million impairment was recorded, related to normal testing and asset rotation strategy.
Challenges in Detroit
Monthly parkers have been leaving faster than expected ahead of the Renaissance Center's redevelopment, impacting short-term performance.
Company Guidance
In the Mobile Infrastructure Corporation's third quarter 2025 earnings call, the company provided guidance reflecting resilient performance amid challenges, with a focus on controlling factors within its influence and capturing growth potential. The portfolio-level utilization was stable compared to the previous year, although revenue and net operating income (NOI) were lighter than expected due to ongoing construction and redevelopment timelines. Contract parking volumes increased 1.4% sequentially and grew 8% year to date, while transient volumes were down approximately 5% year over year due to softness in hotel and event traffic. The company highlighted positive trends in Cleveland, with transient growth of 8% and a 50% increase in residential and commercial monthly contracts year over year. The company also completed an asset-backed securitization, enhancing capital flexibility, and plans to sell approximately $30 million in noncore assets by year-end. Despite near-term disruptions, the company remains optimistic about long-term value creation as projects complete and traffic increases, with a strategy to increase residential parking and diversify revenue streams, including EV charging.

Mobile Infrastructure Corp Financial Statement Overview

Summary
The company is facing significant financial challenges, including a sharp decline in revenue growth, high leverage, and negative cash flows. Despite some operational efficiencies, the overall financial health is weak, requiring strategic adjustments to ensure long-term viability.
Income Statement
35
Negative
The company has faced significant challenges in its income statement. The TTM data shows a sharp decline in revenue growth at -75.2%, indicating a substantial drop in sales. The gross profit margin remains relatively healthy at 57.3%, but the net profit margin is negative at -28.9%, reflecting ongoing losses. EBIT and EBITDA margins are positive, suggesting some operational efficiency, but the overall profitability is hindered by high net losses.
Balance Sheet
45
Neutral
The balance sheet reveals a high debt-to-equity ratio of 1.33, indicating significant leverage, which poses a risk in terms of financial stability. The return on equity is negative, reflecting losses and poor returns for shareholders. However, the equity ratio is reasonable, suggesting that a fair portion of the assets is financed by equity.
Cash Flow
30
Negative
Cash flow analysis shows concerning trends, with negative free cash flow growth and a low operating cash flow to net income ratio of 0.01. The free cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash to cover its net losses. This raises concerns about liquidity and the ability to sustain operations without external financing.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue36.14M37.01M30.27M29.10M20.42M16.59M
Gross Profit20.72M22.63M21.11M19.27M13.46M16.59M
EBITDA14.45M13.85M-15.82M2.83M3.05M-24.57M
Net Income-10.45M-5.76M-25.12M-11.12M-14.06M-26.47M
Balance Sheet
Total Assets405.57M415.06M423.24M436.11M429.15M293.73M
Cash, Cash Equivalents and Short-Term Investments15.86M10.65M11.13M5.76M11.80M4.24M
Total Debt214.28M213.16M192.90M219.68M207.15M159.34M
Total Liabilities226.66M225.79M220.28M249.10M223.32M159.34M
Stockholders Equity160.63M169.98M109.39M87.33M98.45M108.78M
Cash Flow
Free Cash Flow-243.00K-1.29M-3.95M-1.07M-20.77M-6.31M
Operating Cash Flow468.00K-784.00K-2.13M1.51M-20.06M-6.31M
Investing Cash Flow7.43M4.24M-346.00K-19.44M-20.25M1.49M
Financing Cash Flow-5.36M-4.34M8.21M12.21M48.97M1.07M

Mobile Infrastructure Corp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.26
Price Trends
50DMA
3.43
Negative
100DMA
3.68
Negative
200DMA
3.79
Negative
Market Momentum
MACD
-0.05
Positive
RSI
43.20
Neutral
STOCH
50.68
Neutral
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 3.26 is below the 20-day moving average (MA) of 3.44, below the 50-day MA of 3.43, and below the 200-day MA of 3.79, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 43.20 is Neutral, neither overbought nor oversold. The STOCH value of 50.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BEEP.

Mobile Infrastructure Corp Risk Analysis

Mobile Infrastructure Corp disclosed 83 risk factors in its most recent earnings report. Mobile Infrastructure Corp 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

Mobile Infrastructure Corp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
60
Neutral
$127.04M18.1311.08%2.48%-12.65%368.36%
51
Neutral
$151.93M-0.80-61.44%7.29%-10.83%-1669.11%
43
Neutral
$135.64M28.681.80%-17.50%
42
Neutral
$144.16M-11.20-7.80%-0.76%28.97%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BEEP
Mobile Infrastructure Corp
3.26
0.34
11.64%
RGP
Resources Connection
4.80
-3.06
-38.93%
HQI
HireQuest
9.01
-5.24
-36.77%
VWAV
VisionWave Holdings
11.87
0.66
5.89%
SHMD
SCHMID Group NV
5.49
2.88
110.34%
PEW
GrabAGun Digital Holdings
3.78
-6.75
-64.10%

Mobile Infrastructure Corp Corporate Events

Mobile Infrastructure Corp Reports Q3 2025 Results
Nov 11, 2025

Mobile Infrastructure Corporation, a publicly traded company specializing in parking infrastructure across the United States, has released its third-quarter 2025 financial results, highlighting its strategic asset rotation and financial flexibility initiatives.

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Mobile Infrastructure Corp Reports Q3 2025 Financial Results
Neutral
Nov 10, 2025

On November 10, 2025, Mobile Infrastructure Corp reported its financial results for the third quarter ended September 30, 2025. The company saw an 8% year-to-date increase in contract volumes, with residential monthly contracts rising significantly. Despite a net loss of $6.4 million due to a non-cash impairment charge, the company completed a $100 million asset-backed securitization to enhance capital flexibility. Mobile Infrastructure is on track to sell or contract $30 million of non-core assets by the end of 2025, aiming for further progress in 2026.

The most recent analyst rating on (BEEP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Mobile Infrastructure Corp Completes $100M Securitization
Positive
Oct 31, 2025

On October 29, 2025, Mobile Infrastructure Corporation completed a $100 million asset-backed securitization secured by 19 of its parking assets. This transaction, which received a BBB private letter rating, aims to enhance the company’s financial flexibility, extend debt maturities to 2030, and support strategic growth initiatives. The proceeds will be used to repay approximately $84.4 million of near-term debt, allowing the company to optimize its portfolio and advance its long-term capital strategy.

The most recent analyst rating on (BEEP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Dividends
Mobile Infrastructure Declares October Dividends for Preferred Stock
Neutral
Oct 23, 2025

On October 22, 2025, Mobile Infrastructure Corporation’s board of directors declared the payment of monthly dividends for its Series A and Series 1 Preferred Stock, with payments scheduled for November 12, 2025. The decision reflects the company’s ongoing commitment to rewarding its shareholders, though future dividends will be subject to the board’s discretion based on financial conditions and other relevant factors.

The most recent analyst rating on (BEEP) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Dividends
Mobile Infrastructure Corp Declares Monthly Dividends
Positive
Sep 25, 2025

On September 23, 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 or about October 13, 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 relevant considerations.

The most recent analyst rating on (BEEP) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Mobile Infrastructure Corp Extends Credit Agreement Maturity
Neutral
Sep 9, 2025

On September 5, 2025, Mobile Infrastructure Corporation amended its Credit Agreement with Harvest Small Cap Partners to extend the maturity date from September 11, 2025, to December 31, 2025. This amendment, involving a related party transaction due to board member Jeffrey Osher’s involvement, impacts the company’s financial arrangements and reflects strategic financial planning.

The most recent analyst rating on (BEEP) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Dividends
Mobile Infrastructure Corp Declares Monthly Dividends
Positive
Aug 21, 2025

On August 21, 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 or about September 12, 2025. This decision reflects the company’s ongoing commitment to providing returns to 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 Hold with a $3.50 price target. To see the full list of analyst forecasts on Mobile Infrastructure Corp stock, see the BEEP Stock Forecast page.

Mobile Infrastructure Corp Navigates Challenges with Optimism
Aug 14, 2025

The recent earnings call for Mobile Infrastructure Corp Class A revealed a company navigating a challenging environment with a mix of stable financial performance and strategic optimism. Despite facing significant challenges from construction delays, adverse weather, and a decline in transient volumes, the company managed to increase contract parking and is actively pursuing asset optimization. The sentiment expressed during the call was mixed, with a slight lean towards optimism for future growth.

Mobile Infrastructure Reports Stable Q2 2025 Results
Aug 13, 2025

Mobile Infrastructure Corporation, a Maryland-based company, owns a diversified portfolio of parking assets across the United States, focusing on maximizing utilization and strategic asset management. In its second-quarter 2025 financial results, the company reported stable performance despite challenges such as construction delays and adverse weather conditions. Contract parking volumes saw an increase, reflecting positive trends in return-to-office and hybrid work patterns, while transient volumes declined due to fewer events and construction impacts. The company’s revenue slightly decreased to $9.0 million, with a net loss of $4.7 million, attributed to increased interest expenses and strategic investments.

Business Operations and StrategyFinancial Disclosures
Mobile Infrastructure Corp Reports Q2 2025 Financial Results
Neutral
Aug 12, 2025

Mobile Infrastructure Corporation reported its financial results for the second quarter of 2025, highlighting a stable performance despite challenges such as construction and weather-related impacts. The company saw a 2.5% increase in contract parking volumes, driven by secular demand trends, while transient volumes declined due to adverse conditions. The company is actively pursuing a three-year asset rotation strategy, negotiating $20 million in asset sales to optimize its balance sheet and reinvest in larger assets with higher income potential. Financially, the company experienced a decrease in revenue and an increase in net loss compared to the previous year, but remains focused on long-term growth and financial flexibility.

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.

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.Date of analysis: Nov 11, 2025