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Brand Engagement Network (BNAI)
NASDAQ:BNAI
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Brand Engagement Network (BNAI) AI Stock Analysis

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BNAI

Brand Engagement Network

(NASDAQ:BNAI)

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Neutral 51 (OpenAI - 4o)
Rating:51Neutral
Price Target:
$0.50
▲(0.00% Upside)
The overall stock score reflects significant financial challenges, with high debt and negative margins being major concerns. Positive technical indicators and strategic initiatives highlighted in the earnings call provide some optimism, but minimal revenue generation and valuation concerns weigh heavily on the score.
Positive Factors
Cost Management
Significant cost reductions indicate improved operational efficiency, which can enhance profitability and financial stability over the long term.
Strategic Partnerships
The partnership with Swiss Life strengthens BNAI's international market presence, potentially driving future growth and expanding its service offerings.
Equity Improvement
The significant increase in stockholders' equity reflects improved financial health, providing a stronger foundation for future investments and growth.
Negative Factors
High Debt Levels
High leverage indicates reliance on debt, which can strain financial flexibility and increase risk, especially in volatile market conditions.
Minimal Revenue Generation
Minimal revenue generation suggests challenges in scaling operations and achieving sustainable growth, impacting long-term financial performance.
Negative Cash Flow
Negative cash flow highlights reliance on external financing, which can limit strategic flexibility and pose risks to long-term viability.

Brand Engagement Network (BNAI) vs. SPDR S&P 500 ETF (SPY)

Brand Engagement Network Business Overview & Revenue Model

Company DescriptionBrand Engagement Network (BNAI) is a dynamic marketing and advertising agency that specializes in enhancing brand visibility and consumer engagement across various digital platforms. Operating primarily in the sectors of digital marketing, social media management, and influencer partnerships, BNAI offers a range of core services, including content creation, strategic campaign management, and analytics-driven insights aimed at maximizing brand impact and consumer interaction.
How the Company Makes MoneyBNAI generates revenue through multiple streams, including service fees for digital marketing campaigns, commissions from influencer partnerships, and subscription models for analytics tools. The company charges clients for tailored marketing solutions, which can include project-based fees or retainer agreements for ongoing services. Additionally, BNAI has established partnerships with various platforms and brands, allowing it to earn affiliate revenue through referrals and collaborative campaigns. The combination of these revenue streams, alongside a growing demand for digital marketing expertise, significantly contributes to BNAI's overall earnings.

Brand Engagement Network Earnings Call Summary

Earnings Call Date:Oct 14, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 13, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with significant cost reductions and improved net income, indicating financial stabilization. However, revenue generation remains minimal, primarily driven by pilot programs, and there were administrative delays in filing. The company is focusing on strategic partnerships and market expansions, though the financial impact of these initiatives is not yet fully realized.
Q2-2025 Updates
Positive Updates
Significant Expense Reduction
Operating expenses decreased by 55.6% to $2.8 million for the quarter, down from $6.3 million in the same quarter of 2024, driven by streamlined operations and strategic cost optimization.
Positive Net Income
The company reported a net income of $900,000 in Q2 2025 compared to a net loss of $3 million in Q2 2024, indicating improved financial performance.
Stockholders' Equity Increase
Stockholders' equity increased by 126% to $5.9 million, from $2.6 million at the end of 2024, reflecting improved financial health.
Global Partnership with Swiss Life
Entered a global partnership with Swiss Life, enhancing the company's position in the international market.
Successful Entry into Emerging Markets
Strategic inroads made in emerging markets like Mexico, aligning with data sovereignty priorities and positioning for potential expansion.
Negative Updates
Delayed Q2 10-Q Filing
The Q2 10-Q filing was delayed, although it was stated as not being due to negative financial performance.
Minimal Revenue Generation
Revenue was reported at $5,000 in Q2 2025, reflecting early traction but still indicating minimal financial returns.
Pilot Program Revenue Uncertainty
The $5,000 revenue was attributed to a pilot program in Armenia, raising questions about the scalability and long-term revenue potential.
Company Guidance
During the Brand Engagement Network Inc.'s Second Quarter 2025 Earnings Conference Call, acting CEO Tyler Luck emphasized strategic initiatives to strengthen the company's foundation, including a 55.6% reduction in operating expenses to $2.8 million from $6.3 million in the same quarter of 2024. The company reported $5,000 in revenue for Q2 2025, marking a significant improvement from no revenue in Q2 2024, primarily attributed to pilot programs like the one in Armenia's hospitality sector. Additionally, Walid Khiari noted a gain on debt extinguishment of $4 million, contributing to a net income of $900,000 compared to a net loss of $3 million in the previous year. Stockholders' equity increased by 126% to $5.9 million, reflecting improved financial health. The company is focused on scaling revenue growth, particularly in regulated industries, and is leveraging strategic partnerships and AI solutions for future expansion. Upcoming events include the next earnings call on November 4, 2025, and the Annual Shareholder Meeting on November 26, 2025.

Brand Engagement Network Financial Statement Overview

Summary
Brand Engagement Network is struggling financially, with significant operational losses and cash flow issues. While there are some improvements in equity, the company's high debt levels and negative margins present substantial risks. The need for strategic improvements and cost management is critical for future stability.
Income Statement
15
Very Negative
The company has shown inconsistent revenue growth, with a significant increase in revenue from 2022 to 2024, but it remains unprofitable, with persistent net losses. Margins are negative, reflecting operational inefficiencies and high costs relative to revenue.
Balance Sheet
30
Negative
The company's balance sheet shows high leverage, with a debt-to-equity ratio of 0.82 for 2024, indicating reliance on debt. Negative equity in 2022 suggests past financial distress. Although equity improved in 2024, total assets have decreased over recent years, highlighting potential risks to stability.
Cash Flow
20
Very Negative
Operating and free cash flows are negative, indicating cash burn and reliance on external financing for liquidity. The operating cash flow to net income ratio is negative, showing poor cash conversion from profits, and free cash flow has not shown consistent growth.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue65.00K99.79K35.21K0.000.00
Gross Profit-3.78M-2.63M-602.78K0.000.00
EBITDA-22.34M-30.78M-11.04M7.21M5.08M
Net Income-26.49M-33.72M-11.73M7.21M5.08M
Balance Sheet
Total Assets17.02M18.15M22.01M314.19M310.70M
Cash, Cash Equivalents and Short-Term Investments20.36K149.27K1.69M212.61K861.47K
Total Debt3.48M3.30M1.39M0.000.00
Total Liabilities11.30M15.51M4.31M16.44M20.15M
Stockholders Equity5.73M2.64M17.69M297.75M290.55M
Cash Flow
Free Cash Flow-11.01M-15.20M-6.27M-648.87K-1.65M
Operating Cash Flow-10.69M-14.92M-5.77M-648.87K-1.65M
Investing Cash Flow-323.17K-281.39K-1.14M0.00-309.45M
Financing Cash Flow9.60M13.67M8.59M0.00311.96M

Brand Engagement Network Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.50
Price Trends
50DMA
0.38
Positive
100DMA
0.37
Positive
200DMA
0.38
Positive
Market Momentum
MACD
0.03
Positive
RSI
55.49
Neutral
STOCH
50.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BNAI, the sentiment is Positive. The current price of 0.5 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.38, and above the 200-day MA of 0.38, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 55.49 is Neutral, neither overbought nor oversold. The STOCH value of 50.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BNAI.

Brand Engagement Network Risk Analysis

Brand Engagement Network disclosed 56 risk factors in its most recent earnings report. Brand Engagement Network 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

Brand Engagement Network Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$37.18B12.37-10.20%1.83%8.50%-7.62%
$16.02M-4.91-25.48%0.54%70.74%
$3.36M<0.01-1102.76%16.50%
$19.97M-0.65-200.90%30.55%43.63%
$33.25M-1.43-335.10%
$15.69M-374.57%198.70%78.41%
$11.41M-2201.06%-33.86%74.09%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BNAI
Brand Engagement Network
0.46
-0.40
-46.51%
BLIN
Bridgeline Digital
1.32
0.20
17.86%
CETX
Cemtrex
4.92
-146.86
-96.76%
DTSS
Datasea
1.90
-0.47
-19.83%
RVYL
Ryvyl
0.35
-1.00
-74.07%
MSAI
Infrared Cameras Holdings
1.01
-0.98
-49.25%

Brand Engagement Network Corporate Events

Brand Engagement Network Inc. Earnings Call Highlights
Oct 16, 2025

The recent earnings call for Brand Engagement Network Inc. painted a mixed picture of the company’s current financial standing. While there were significant cost reductions and an improvement in net income, revenue generation remains minimal. The company is actively pursuing strategic partnerships and market expansions, although the financial impact of these initiatives has yet to be fully realized.

Brand Engagement Network Reports Mixed Financial Results
Oct 15, 2025

Brand Engagement Network Inc. is an innovative artificial intelligence platform provider that integrates with emerging technologies like blockchain and cloud computing to enhance digital transformation across industries. In its latest earnings report, the company highlighted a net income of $905,080 for the quarter ending June 30, 2025, despite a net loss of $2,705,150 for the first half of the year. Key financial metrics revealed a significant reduction in operating expenses and a gain on debt extinguishment, contributing to the quarterly profit. However, the company continues to face liquidity challenges, with substantial doubt about its ability to continue as a going concern due to ongoing operating losses and negative cash flows. Looking ahead, Brand Engagement Network Inc. plans to raise additional capital through equity financings and other arrangements to support its operations and product development.

Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Brand Engagement Network Ends Cataneo Acquisition Deal
Neutral
Sep 19, 2025

Brand Engagement Network Inc. announced the termination of its agreement to acquire Cataneo GmbH, a Munich-based provider of advertising-sales and media technology solutions, after the sellers exercised their withdrawal rights. Despite the termination, the company views this as an opportunity to streamline its focus on core growth programs and continues to explore strategic partnerships and acquisitions aligned with its platform strategy. Additionally, the company appointed Dr. Ruy Carrasco to its Board of Directors, who has been serving as the Chief Medical Informatics Officer since 2021.

The most recent analyst rating on (BNAI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI Stock Forecast page.

Financial DisclosuresRegulatory Filings and Compliance
Brand Engagement Network Focuses on Timely 10-Q Filing
Neutral
Sep 12, 2025

Brand Engagement Network is working diligently to complete its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. The company emphasizes its commitment to transparency, timely reporting, and compliance with applicable requirements, indicating a focus on maintaining trust and regulatory adherence.

The most recent analyst rating on (BNAI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI Stock Forecast page.

Delistings and Listing ChangesRegulatory Filings and Compliance
Brand Engagement Network Faces Nasdaq Compliance Notice
Neutral
Aug 27, 2025

On August 21, 2025, Brand Engagement Network Inc. received a notification from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to a delay in filing its Quarterly Report for the quarter ended June 30, 2025. The company has until October 20, 2025, to regain compliance by filing the report or submitting a plan to Nasdaq. The notice does not immediately affect the company’s stock listing, and BEN intends to address the issue promptly to maintain compliance.

The most recent analyst rating on (BNAI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI Stock Forecast page.

Brand Engagement Network Delays Quarterly Report Filing
Aug 15, 2025

Brand Engagement Network Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to the ongoing process of reviewing and finalizing financial and other information, which requires additional time for completion and review by accountants and attorneys. The company anticipates filing the report within five calendar days following the prescribed due date. Importantly, no significant changes in financial results are expected for the corresponding period of the last fiscal year. The notification was signed by Walid Khiari, the Chief Financial Officer, who assured ongoing compliance efforts.

The most recent analyst rating on (BNAI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI 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: Oct 28, 2025