Boston Omaha (BOC) AI Stock Analysis

• Market Cap: $383.63M
• Dividend Yield: N/A
• Average Volume (3M): 130.76K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: 7.22%
• EPS Growth: 97.88%
• Country: US
• Employees: 407
• Sector: Industrials
• Sector Strength: 72
• Industry: Advertising Agencies
• EPS (TTM): -0.23
• Shares Outstanding: 30,085,520
• 10 Day Avg. Volume: 156,380
• 30 Day Avg. Volume: 130,765
• PEG Ratio: -0.04
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 3.40
• P/FCF Ratio: -38.70
• Enterprise Value/Market Cap: 1.23
• Enterprise Value/Revenue: 4.13
• Enterprise Value/Gross Profit: 4.75
• Enterprise Value/Ebitda: 47.36
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.07
• Revenue Forecast (FY): $118.31M

• Rating: 54 Neutral
• Price Target: $12.00 ▼(-1.96% Downside)
• Action: Reiterated Date: 04/01/26
• Date: Action: Reiterated 04/01/26

The score is held back primarily by inconsistent profitability and negative free cash flow despite strong revenue growth and high gross margins, plus a bearish technical setup with the stock below key moving averages. A strong, low-leverage balance sheet and continued buybacks provide some support, but valuation is constrained by ongoing losses (negative P/E).

Positive Factors

Diversified holding company model

Operating across billboards, surety insurance, fiber broadband and other investments gives multiple recurring revenue streams and business-model optionality. This diversification reduces dependence on any single cyclical market and supports resilience over multi-quarter horizons.

Negative Factors

Inconsistent profitability and negative returns

Despite solid assets and equity, the firm has failed to convert those resources into consistent profit, producing negative ROE and multi-year losses. Persistent unprofitability undermines long-term capital efficiency and may limit the payoff from its sizable equity base without operational fixes.

Boston Omaha Business Overview & Revenue Model

Company Description

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and investment businesses...

Read more

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and investment businesses...

How the Company Makes Money

Boston Omaha makes money primarily through (1) operating earnings from its majority-owned subsidiaries and (2) returns on investments. 1) Outdoor advertising (billboards and related out-of-home media): The company generates revenue by selling adv...

Read more

Boston Omaha makes money primarily through (1) operating earnings from its majority-owned subsidiaries and (2) returns on investments. 1) Outdoor advertising (billboards and related out-of-home media): The company generates revenue by selling adv...

Boston Omaha Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	114.38M	108.27M	96.25M	81.23M	56.97M
Gross Profit	99.45M	73.93M	64.35M	54.54M	38.38M
EBITDA	14.60M	32.59M	17.27M	29.73M	88.82M
Net Income	-12.43M	-1.29M	-7.00M	10.23M	52.75M
Balance Sheet
Total Assets	713.07M	728.35M	768.21M	683.72M	807.05M
Cash, Cash Equivalents and Short-Term Investments	78.35M	86.61M	96.02M	74.07M	235.40M
Total Debt	108.42M	99.89M	88.86M	92.98M	90.61M
Total Liabilities	177.00M	165.63M	151.75M	157.07M	166.46M
Stockholders Equity	516.14M	532.82M	538.21M	503.53M	496.33M
Cash Flow
Free Cash Flow	-10.04M	-10.96M	-35.81M	-45.22M	-13.24M
Operating Cash Flow	17.86M	21.24M	16.06M	-5.17M	7.77M
Investing Cash Flow	-13.55M	28.10M	-64.25M	-27.41M	-45.67M
Financing Cash Flow	1.21M	-47.56M	32.94M	5.54M	64.64M

Boston Omaha Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOC, the sentiment is Positive. The current price of 12.24 is above the 20-day moving average (MA) of 12.15, below the 50-day MA of 12.33, and below the 200-day MA of 12.95, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 55.76 is Neutral, neither overbought nor oversold. The STOCH value of 86.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BOC.

Boston Omaha Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
QNST	68 Neutral	$688.49M	4.07	24.45%	―	43.12%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BOC	54 Neutral	$383.63M	-14.18	-2.36%	―	7.22%	97.88%
CCO	53 Neutral	$1.18B	-10.49	2.74%	―	-29.67%	30.13%
NCMI	50 Neutral	$316.69M	-34.56	-2.86%	3.05%	-3.67%	34.36%
ADV	50 Neutral	$338.38M	-1.25	-34.48%	―	-7.12%	-7.75%
VSME	―	$2.55M	-22.59	-194.72%	―	-11.51%	74.52%

Boston Omaha Corporate Events