Banzai International (BNZI) AI Stock Analysis

• Market Cap: $15.15M
• Dividend Yield: N/A
• Average Volume (3M): 640.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: 150.20%
• EPS Growth: 96.41%
• Country: US
• Employees: 28
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -1.64
• Shares Outstanding: 13,299,779
• 10 Day Avg. Volume: 1,163,812
• 30 Day Avg. Volume: 640,398
• PEG Ratio: 0.02
• Price to Book (P/B): -24.68
• Price to Sales (P/S): 15.06
• P/FCF Ratio: -7.12
• Enterprise Value/Market Cap: 895.43
• Enterprise Value/Revenue: 1.26K
• Enterprise Value/Gross Profit: 5.82
• Enterprise Value/Ebitda: -2.74
• 1Y Price Target: $23.00
• Price Target Upside: 1374.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: $1.00 ▼(-35.90% Downside)

The score is held down primarily by weak financial performance—large losses, negative cash flow, and elevated leverage—despite strong TTM revenue growth and high gross margin. Technicals also suggest a weak longer-term trend (well below 100/200DMA) with only tentative oversold signals, and valuation is constrained by negative earnings and no dividend support.

Positive Factors

TTM revenue growth

Very strong trailing‑twelve‑month revenue growth (roughly +150%) indicates the company’s products are gaining traction and expanding customer adoption. Sustained high top‑line growth creates room for scaling fixed costs and future operating leverage if margin trends hold.

High gross margin

Elevated gross margins point to scalable unit economics typical of SaaS/MarTech offerings, enabling potential profitability as sales scale. High product margins provide durable leverage against variable costs, supporting long‑term margin expansion if operating expenses are controlled.

Recurring SaaS revenue model

A subscription‑oriented business model generates predictable, repeatable revenue and supports customer retention, upsell and lifetime value expansion. This structural revenue profile underpins long‑term cash visibility and growth compounding if unit economics and churn improve.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flow mean the business currently burns cash rather than self‑funds growth. That heightens reliance on external financing, increasing dilution and refinancing risk, and constrains the company’s ability to invest or weather downturns long term.

Elevated leverage & historical negative equity

Debt materially exceeding equity and a history of negative equity weaken balance‑sheet resilience. Elevated leverage limits strategic flexibility, raises refinancing risk, and can amplify losses during stress, making sustained investment and growth harder without improving profitability or restructuring capital.

Debt exchange and forbearance (dilution/runway risk)

Swapping equity for debt reduction and accepting forbearance provides short‑term relief but dilutes shareholders and signals near‑term covenant or default stress. Reliance on temporary forbearance creates uncertainty about sustainable capital structure and runway beyond the agreement period.

Banzai International Business Overview & Revenue Model

Company Description

Banzai International, Inc., a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; and Boost, a SaaS solution for social sharing by event registrants. The company serves financial services, e-commerce, technology, and other industries. Banzai International, Inc. was founded in 2015 and is based in Bainbridge Island, Washington.

How the Company Makes Money

Banzai International generates revenue through multiple streams. Primarily, the company earns money by selling its consumer electronics, which include a wide array of smart devices and gadgets. Additionally, BNZI has a significant software division that generates income through software licensing and subscription-based models. The company also partners with other businesses to provide tailored digital solutions, which contributes to its consulting and service fees. BNZI's revenue is further augmented by strategic partnerships and collaborations that expand its market reach and customer base.

Banzai International Financial Statement Overview

Summary

Despite strong TTM revenue growth and high gross margin, results are dominated by deep operating/net losses, negative operating and free cash flow, and elevated leverage (debt well above equity). Prior periods included negative equity, increasing financing/dilution risk if cash burn persists.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew strongly, but the business remains deeply unprofitable with large losses and very weak profitability. Gross margin is high in TTM, yet operating results and net income are meaningfully negative, indicating the cost structure (beyond direct costs) is not currently supported by the revenue base. Recent years show inconsistent top-line momentum and persistent losses, which keeps overall earnings quality and sustainability low.

Balance Sheet

Leverage is elevated in TTM, with debt substantially higher than equity, which increases financial risk. While TTM equity is positive, prior annual periods show negative equity, signaling historical balance-sheet strain and potential dilution/recapitalization dependence. Returns on equity are negative in TTM due to losses, and overall balance-sheet stability is weakened by the combination of high leverage and ongoing unprofitability.

Cash Flow

Cash generation is a key weakness: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are negative, indicating the core business is consuming cash rather than funding itself. While the cash burn appears smaller than in some prior annual periods, the company still has not demonstrated an ability to consistently convert operations into cash, which heightens funding and liquidity risk if losses persist.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.79M	4.53M	4.56M	5.33M	5.21M	0.00
Gross Profit	2.33B	3.11M	3.11M	3.37M	3.13M	0.00
EBITDA	-4.95B	-28.30M	-8.67M	-12.93M	-8.69M	-6.05M
Net Income	-5.91B	-31.51M	-14.41M	-15.47M	-9.98M	-6.05M
Balance Sheet
Total Assets	32.99B	25.67M	5.29M	5.48M	4.89M	232.28M
Cash, Cash Equivalents and Short-Term Investments	851.36M	1.09M	2.09M	1.02M	1.79M	1.72M
Total Debt	14.42B	12.50M	16.40M	14.20M	7.98M	0.00
Total Liabilities	27.55B	28.44M	37.16M	29.59M	20.63M	34.05M
Stockholders Equity	5.44B	-2.76M	-31.88M	-24.11M	-15.74M	198.23M
Cash Flow
Free Cash Flow	-17.63M	-9.58M	-1.55M	-5.18M	-6.84M	-583.37K
Operating Cash Flow	-17.63M	-9.58M	-1.55M	-5.17M	-6.84M	-583.37K
Investing Cash Flow	-2.60M	82.22K	0.00	-10.81K	-3.57M	-230.00M
Financing Cash Flow	16.88M	8.49M	2.62M	4.42M	11.42M	232.31M

Banzai International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BNZI, the sentiment is Negative. The current price of 1.56 is above the 20-day moving average (MA) of 1.32, above the 50-day MA of 1.25, and below the 200-day MA of 4.06, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.41 is Neutral, neither overbought nor oversold. The STOCH value of 29.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BNZI.

Banzai International 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%
VS	44 Neutral	$5.81M	-2.84	-16.34%	―	2281.70%	90.92%
BNZI	42 Neutral	$15.15M	-0.07	―	―	150.20%	96.41%
JTAI	41 Neutral	$7.01M	-0.03	-518.36%	―	-29.57%	97.70%
IDAI	41 Neutral	$14.95M	-0.06	-205.65%	―	72.57%	-261.66%
OLB	40 Underperform	$7.25M	-0.15	-149.68%	―	-39.80%	77.33%

Banzai International Corporate Events

Banzai International Shareholders Approve Directors and Auditor Reappointment

On January 15, 2026, Banzai International, Inc. held its 2025 annual meeting of shareholders, at which 5,846,443 shares representing 51.18% of voting power were present, constituting a quorum for conducting business. Shareholders re-elected Mason Ward to the board of directors by plurality vote and approved the re-appointment of Bush & Associates CPA LLC as the company’s independent auditors for the year ending December 31, 2025, reinforcing continuity in both the board’s composition and the company’s audit oversight for the coming fiscal year.

The most recent analyst rating on (BNZI) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Banzai International stock, see the BNZI Stock Forecast page.

Banzai International Signs Exchange and Forbearance Agreements

On December 16, 2025, Banzai International, Inc. executed an Exchange Agreement with Agile Capital Funding, LLC and Agile Lending, LLC to address outstanding debt obligations. This agreement involves exchanging 232,786 shares of Class A common stock valued at $284,000 for a proportional reduction in its subordinated secured promissory note balance. Additionally, a Forbearance Agreement was signed, granting Agile temporary forbearance on default remedies in exchange for a fee that recalibrates the principal amount of the note and modifies loan terms until March 30, 2026, or earlier if default occurs. The announcement underscores Banzai’s effort to mitigate immediate financial pressures while navigating its obligations and potentially impacts its financial stability and stakeholder interests.

The most recent analyst rating on (BNZI) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Banzai International stock, see the BNZI Stock Forecast page.