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Boxlight
(NASDAQ:BOXL)
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Rating:40Underperform
Price Target:
$3.00
▼(-15.49% Downside)
Action:Downgraded
Date:07/30/26
BOXL scores low primarily due to weak financial performance (ongoing losses, negative equity, and continued cash burn) and a technically bearish setup with the stock far below major moving averages. Valuation offers limited support because losses make P/E less meaningful and there is no dividend yield provided. Corporate events further pressure the outlook due to delisting risk and potential dilution from expanded authorization.
Positive Factors
Integrated EdTech Solutions
Boxlight's integrated hardware-and-software model targets institutional education customers and benefits from procurement cycles and long sales lifecycles. Durable demand from schools and channel partners supports recurring deployment opportunities and upsell of software/services over months.
Negative Factors
Negative Equity and Leverage
Negative equity plus sizable debt weakens the capital base and amplifies financing risk. Over several months this reduces strategic optionality, raises default or covenant risk, and makes future borrowing or favorable supplier terms harder without recapitalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated EdTech Solutions
Boxlight's integrated hardware-and-software model targets institutional education customers and benefits from procurement cycles and long sales lifecycles. Durable demand from schools and channel partners supports recurring deployment opportunities and upsell of software/services over months.
Read all positive factors
Boxlight (BOXL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.03M
Dividend YieldN/A
Average Volume (3M)9.31M
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue Growth-9.86%
EPS Growth60.61%
CountryUS
Employees155
SectorTechnology
Sector Strength88
IndustryConsumer Electronics
Share Statistics
EPS (TTM)-201.18
Shares Outstanding667,057
10 Day Avg. Volume251,466
30 Day Avg. Volume9,314,629
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.85
Price to Sales (P/S)0.00982
P/FCF Ratio-0.31
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-104.22
Revenue Forecast (FY)$110.00M
Boxlight Business Overview & Revenue Model
Company Description
Boxlight Corporation (BOXL) is an education technology company that provides interactive classroom solutions. Through its product portfolio (including interactive displays and related classroom presentation and collaboration tools) and its softwar...
How the Company Makes Money
Boxlight primarily makes money by selling education-focused technology products and related solutions to institutional customers (notably school districts and schools). Its revenue model generally includes: (1) Hardware product sales: revenue from...
Boxlight Earnings Call Summary
Earnings Call Date:Nov 13, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Aug 06, 2026
Earnings Call Sentiment Negative
The earnings call presented a mixed view, with Boxlight emphasizing strategic achievements such as debt repayment and global brand restructuring. However, these were overshadowed by significant revenue declines, reduced profit margins, and enduring market softness, especially in the U.S. Despite these challenges, the company remains optimistic about long-term opportunities in education and enterprise markets.Positive Updates
Debt Repayment Achievement
Boxlight successfully repaid a $4 million bridge loan earlier than required, highlighting effective financial management.
Negative Updates
Significant Revenue Decline
Revenues for Q3 2024 were $36.3 million, a 26.9% decrease compared to $49.7 million in Q3 2023.
Read all updates
Q3-2024 Updates
Positive
Negative
Debt Repayment Achievement
Boxlight successfully repaid a $4 million bridge loan earlier than required, highlighting effective financial management.
Read all positive updates
Company Guidance
During the Boxlight Corporation's Q3 2024 earnings call, the company provided detailed guidance on various strategic and financial metrics. The primary focus was on streamlining operations by simplifying its brand structure into three solution categories: Clevertouch for IFPD and display products, FrontRow for audio and communication solutions, and Mimio and EOS for STEM solutions, all under the "By Boxlight" umbrella. This restructuring aims to enhance operational efficiencies, resulting in expected operating expenses of $12 to $13 million per quarter by year-end, despite the industry's ongoing revenue headwinds. The company reported a 26.9% revenue decrease to $36.3 million compared to Q3 2023, with a gross profit margin decrease of 250 basis points to 33.8%. Furthermore, Boxlight repaid a $4 million bridge loan and emphasized its commitment to meeting profitability targets despite challenging market conditions, particularly in the U.S., where IFPD demand remains soft. However, the company expressed optimism about market recovery, especially in EMEA, where revenues in Germany and Belgium increased by 29% and 18%, respectively.Boxlight Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
15
Very Negative
| Breakdown | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 109.25M | 135.89M | 176.72M | 221.78M | 185.18M |
| Gross Profit | 33.63M | 46.94M | 63.30M | 64.87M | 46.52M |
| EBITDA | -4.42M | 537.00K | -17.59M | 15.36M | 65.00K |
| Net Income | -23.81M | -28.34M | -39.16M | -3.74M | -13.80M |
Balance Sheet | |||||
| Total Assets | 97.54M | 115.31M | 158.57M | 195.40M | 201.44M |
| Cash, Cash Equivalents and Short-Term Investments | 9.37M | 8.01M | 17.25M | 14.59M | 17.94M |
| Total Debt | 41.54M | 45.59M | 49.28M | 48.98M | 51.94M |
| Total Liabilities | 96.29M | 128.20M | 113.31M | 143.50M | 148.13M |
| Stockholders Equity | 1.25M | -12.90M | 45.26M | 51.89M | 53.30M |
Cash Flow | |||||
| Free Cash Flow | -3.44M | -945.00K | 10.26M | 84.00K | -2.62M |
| Operating Cash Flow | -3.33M | -439.00K | 11.58M | 1.19M | -2.33M |
| Investing Cash Flow | -102.00K | -506.00K | -1.32M | -1.21M | -34.01M |
| Financing Cash Flow | 3.39M | -7.14M | -8.01M | -5.13M | 41.15M |
Boxlight Technical Analysis
Negative
3.55
Price Trends
4.29
Negative
5.40
Negative
14.89
Negative
Market Momentum
-0.42
Positive
37.60
Neutral
35.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOXL, the sentiment is Negative. The current price of 3.55 is below the 20-day moving average (MA) of 3.71, below the 50-day MA of 4.29, and below the 200-day MA of 14.89, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 37.60 is Neutral, neither overbought nor oversold. The STOCH value of 35.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BOXL.
Boxlight Risk Analysis
Boxlight disclosed 43 risk factors in its most recent earnings report. Boxlight 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
Boxlight Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | $131.17M | 127.34 | 4.67% | ― | 13.61% | ― | |
53 Neutral | $117.83M | -15.18 | -17.50% | ― | 149.18% | 54.90% | |
52 Neutral | $73.39M | -10.34 | -23.40% | ― | -12.17% | 18.82% | |
51 Neutral | $5.27M | -39.26 | -3.12% | ― | 0.23% | 86.90% | |
44 Neutral | $10.92M | -0.31 | -520.98% | ― | -80.99% | -113.71% | |
40 Underperform | $2.03M | -0.02 | -670.18% | ― | -9.86% | 60.61% |
* Technology Sector Average
BOXL
Boxlight
3.14
-70.66
-95.75%
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Boxlight Corporate Events
Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings
Boxlight Expands Authorized Shares to Support Growth Plans
Positive
Jul 29, 2026
On July 23, 2026, Boxlight Corporation reconvened its annual meeting of shareholders to vote on an amendment to its Articles of Incorporation to increase authorized Class A common stock to 55,000,000 shares. Shareholders approved the proposal, wit...
Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and ComplianceShareholder Meetings
Boxlight Faces Nasdaq Delisting, Plans Compliance Strategy
Negative
Jul 2, 2026
On July 1, 2026, Boxlight received notice from Nasdaq that its securities are subject to suspension and delisting from The Nasdaq Capital Market due to non-compliance with the $2.5 million stockholders’ equity requirement under Listing Rule ...
Delistings and Listing ChangesRegulatory Filings and ComplianceStock Split
Boxlight Enacts Reverse Split to Maintain Nasdaq Listing
Neutral
Jun 22, 2026
On June 22, 2026, Boxlight implemented a 1-for-6 reverse stock split of its Class A common stock, reducing both authorized and outstanding shares while keeping par value unchanged and maintaining proportional ownership and voting power for investo...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and ComplianceShareholder Meetings
Boxlight shareholders approve key proposals at annual meeting
Neutral
Jun 5, 2026
At its June 2, 2026 annual meeting, held virtually, Boxlight shareholders elected five directors to serve until the 2027 meeting and ratified Cherry Bekaert LLP as independent auditor for the 2026 fiscal year. Investors also approved a proposal al...
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.