Blackboxstocks (BLBX) AI Stock Analysis

• Market Cap: $55.71M
• Dividend Yield: N/A
• Average Volume (3M): 384.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.02
• Revenue Growth: -13.58%
• EPS Growth: -7.29%
• Country: US
• Employees: 10
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 4,305,133
• 10 Day Avg. Volume: 1,083,152
• 30 Day Avg. Volume: 384,655
• PEG Ratio: 0.07
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 2.89
• P/FCF Ratio: -10.53
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 18.40
• Enterprise Value/Gross Profit: 47.06
• Enterprise Value/Ebitda: -14.19
• 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: 50 Neutral
• Price Target: $11.50 ▲(10.79% Upside)

The score is held down primarily by severe ongoing losses and negative/free cash flow despite strong revenue growth, with balance-sheet leverage currently manageable. Technicals are constructive (price above major moving averages, positive MACD) but appear overextended (high RSI/Stoch). Valuation remains constrained by a negative P/E and lack of dividend support.

Positive Factors

High revenue growth

TTM revenue growth of roughly +210% signals rapid user adoption and clear product-market fit for a subscription analytics platform. Durable top-line momentum provides runway to scale R&D, sales, and partnerships, enabling longer-term ARR expansion even before margins recover.

Subscription-based revenue model

A subscription model yields predictable recurring revenue and higher customer lifetime value, supporting retention and upsell strategies. For a fintech platform this fosters longer revenue visibility and makes multi-year investment in product and integrations more economically defensible.

Manageable leverage and positive equity

Moderate leverage and positive equity provide financial flexibility to fund growth or weather cycles without immediate recapitalization. This balance-sheet cushion supports strategic optionality (partnerships, M&A, R&D) over the coming months if cash burn is contained.

Negative Factors

Persistent negative cash flow

Sustained negative operating and free cash flow (~-$2.7M TTM) forces dependence on external financing or equity dilution. Over a multi-month horizon this constrains product and go-to-market investment, increases financing risk, and limits the company's ability to self-fund a path to profitability.

Deeply negative margins

Compressed gross margin and very large negative operating/net margins indicate revenue is not converting to profit. Without structural improvements to pricing, cost structure, or customer mix, these margin deficits will keep cash burn elevated and undermine sustainable profitability.

Erosion of shareholder value

A sharply negative ROE (~-82%) and falling equity reflect ongoing net losses that erode shareholder capital. Over months this reduces strategic flexibility, raises insolvency risk if losses continue, and can pressure management toward dilutive financing or asset sales.

Blackboxstocks Business Overview & Revenue Model

Company Description

Blackboxstocks Inc. develops and markets financial technology and social media hybrid platform. It offers Blackbox System, a subscription-based software as a service that provides real-time proprietary analytics and news for stock and options traders. The company is headquartered in Dallas, Texas.

How the Company Makes Money

Blackboxstocks generates revenue through a subscription-based model, where users pay a recurring fee to access its trading platform and analytics tools. The company also earns income from data analytics services and potentially through partnerships with brokerage firms or financial institutions that may integrate Blackboxstocks' technology into their own offerings. Additionally, the platform may generate revenue from advertisements or affiliate marketing agreements with related financial services.

Blackboxstocks Financial Statement Overview

Summary

Despite very strong TTM revenue growth (+210%), profitability and cash generation remain very weak: gross margin has compressed (TTM ~39%), operating/net margins are deeply negative (about -130%/-158%), and operating/free cash flow are negative with increased cash burn versus 2024. The balance sheet is comparatively better with moderate leverage (debt-to-equity ~0.39) and positive equity, but ongoing losses and negative ROE (~-82%) are a material risk.

Income Statement

BLBX is showing top-line momentum in TTM (Trailing-Twelve-Months) revenue growth (+210%), but profitability remains very weak. Gross margin has compressed versus prior years (TTM ~39% vs. ~43% in 2024 and ~58–70% in 2021–2022), and operating results are deeply negative (TTM operating and net margins roughly -130% and -158%). Net losses persist across the full history provided, indicating the business has not yet demonstrated a sustainable path to profitability despite the recent revenue rebound.

Balance Sheet

The balance sheet is a relative bright spot: leverage is moderate in TTM with debt-to-equity around 0.39 and positive equity (~$4.8M), which provides some financial flexibility. That said, equity has declined from 2023–2024 levels and returns on equity remain sharply negative in TTM (about -82%), reflecting continued losses and erosion of shareholder value. Overall leverage is not excessive, but ongoing losses raise the risk of further balance sheet weakening.

Cash Flow

Cash generation is a key concern. Operating cash flow and free cash flow are negative in both TTM (about -$2.7M) and 2024 (about -$0.7M), indicating the business is still consuming cash to operate. While free cash flow improved versus the prior year (TTM growth is positive), the company has not established consistent cash self-funding, and cash burn expanded materially from 2024 to TTM.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.39M	2.57M	3.11M	4.96M	6.11M	3.37M
Gross Profit	933.66K	1.11M	1.40M	2.86M	4.24M	2.15M
EBITDA	-3.10M	-3.32M	-4.62M	-4.85M	-2.21M	731.15K
Net Income	-3.77M	-3.47M	-4.66M	-5.02M	-2.62M	-354.91K
Balance Sheet
Total Assets	8.82M	9.89M	9.83M	4.34M	11.15M	1.16M
Cash, Cash Equivalents and Short-Term Investments	93.19K	17.04K	475.65K	3.64M	10.44M	972.83K
Total Debt	1.86M	304.77K	391.85K	403.99K	1.44M	1.36M
Total Liabilities	4.03M	4.50M	2.53M	2.16M	3.33M	2.92M
Stockholders Equity	4.78M	5.39M	7.30M	2.18M	7.82M	-1.76M
Cash Flow
Free Cash Flow	-2.67M	-705.73K	-3.17M	-4.35M	-736.40K	142.28K
Operating Cash Flow	-2.67M	-705.73K	-3.17M	-4.29M	-672.49K	143.58K
Investing Cash Flow	0.00	-1.10M	3.27M	4.40M	-8.07M	8.52K
Financing Cash Flow	2.71M	1.35M	-56.38K	-2.12M	10.19M	799.55K

Blackboxstocks Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLBX, the sentiment is Positive. The current price of 10.38 is below the 20-day moving average (MA) of 10.84, above the 50-day MA of 9.07, and above the 200-day MA of 6.99, indicating a bullish trend. The MACD of 1.07 indicates Negative momentum. The RSI at 57.30 is Neutral, neither overbought nor oversold. The STOCH value of 67.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLBX.

Blackboxstocks 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%
CREX	54 Neutral	$34.82M	-3.83	-36.46%	―	-18.37%	-1304.71%
BLBX	50 Neutral	$55.71M	-11.18	-68.14%	―	-13.58%	-7.29%
BMR	47 Neutral	$30.73M	-7.02	-22.65%	―	5.96%	-156.04%
VBIX	44 Neutral	$20.27M	-0.59	-301.51%	―	-72.01%	12.96%
CYN	41 Neutral	$15.63M	>-0.01	-166.00%	―	347.74%	84.88%

Blackboxstocks Corporate Events

Blackboxstocks Announces Third Amendment to Merger Agreement

On December 10, 2025, Blackboxstocks Inc., a Nevada corporation, announced a Third Amendment to its Merger Agreement with REalloys Inc. This amendment involves revising the definition of ‘Shares’ and clarifying the Option Rights and Option Consideration, as well as adding a restrictive covenant regarding the transfer of shares. This development is part of a series of amendments aimed at refining the merger terms and ensuring clarity in the agreement, which could impact the company’s operational strategies and stakeholder interests.

The most recent analyst rating on (BLBX) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Blackboxstocks stock, see the BLBX Stock Forecast page.

Blackboxstocks Sets Record Date for Annual Meeting

Blackboxstocks Inc. has announced that the 2025 Annual Meeting of Stockholders will be held on February 2, 2026, with December 10, 2025, set as the record date for determining stockholders entitled to vote. The company has outlined deadlines for nominations and shareholder proposals, emphasizing compliance with SEC rules and regulations.

The most recent analyst rating on (BLBX) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Blackboxstocks stock, see the BLBX Stock Forecast page.