Boxlight (BOXL) AI Stock Analysis

• Market Cap: $5.38M
• Dividend Yield: N/A
• Average Volume (3M): 20.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: -29.78%
• EPS Growth: 45.35%
• Country: US
• Employees: 159
• Sector: Technology
• Sector Strength: 98
• Industry: Communication Equipment
• EPS (TTM): -1.41
• Shares Outstanding: 2,649,936
• 10 Day Avg. Volume: 21,203
• 30 Day Avg. Volume: 20,251
• PEG Ratio: -0.02
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.04
• Enterprise Value/Market Cap: 9.84
• Enterprise Value/Revenue: 2.10
• Enterprise Value/Gross Profit: 165.67
• Enterprise Value/Ebitda: -5.63
• 1Y Price Target: $1.50
• Price Target Upside: -23.47% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 39 Underperform
• Price Target: $2.00 ▲(2.04%Upside)

Boxlight's stock is heavily impacted by its poor financial performance, characterized by significant losses, high leverage, and negative cash flows. Technical indicators suggest some limited positive momentum, but overall trends remain bearish. Valuation concerns, highlighted by a negative P/E ratio, and corporate governance issues further weigh on the stock's attractiveness.

Positive Factors

Cost Management

Proactive and effective cost-cutting initiatives resulted in a 56% year-over-year decline in total operating expenses, helping offset demand challenges.

Investment Strategy

Management believes these recent investments in new product solutions and enhanced sales capabilities should position the company for additional market share gains and long-term growth.

New Product Launches

The company has consolidated brands, formed new selling partnerships, and launched new products, suggesting progress is being made.

Negative Factors

Market Challenges

The market continues to shrink after a short period of excessive EdTech spending, leading to a much lower appetite for K-12 to make additional orders.

Pricing Pressure

Management highlighted pricing pressure on interactive flat panels as the reason for its lower gross margin, which is expected to persist for the short to medium term.

Revenue Decline

Revenue has been slower to materialize as the company attempts to streamline operations during a challenging selling environment.

Boxlight Business Overview & Revenue Model

Company Description

Boxlight Corporation (BOXL) is a technology company specializing in the development and sale of interactive educational products. The company operates primarily within the education technology sector, offering a broad range of solutions including interactive displays, collaboration software, and other classroom technologies. Boxlight aims to enhance learning environments through its innovative products and services, catering primarily to educational institutions and organizations.

How the Company Makes Money

Boxlight generates revenue through the sale of its interactive educational products and solutions. The company's key revenue streams include the sale of interactive displays, software licenses for its educational software, and related services such as training and professional development for educators. Additionally, Boxlight may engage in partnerships with educational institutions and other organizations to expand its market reach and enhance its product offerings. Revenue is primarily driven by the demand for technology solutions in schools and educational environments seeking to modernize and improve the learning experience.

Boxlight Financial Statement Overview

Summary

Boxlight's financial performance reveals significant challenges including declining revenue, consistent losses, and high leverage. The negative cash flows exacerbate liquidity concerns, overshadowing slight improvements in stockholders' equity.

Income Statement

Boxlight's revenue has significantly declined over the years, with a TTM (Trailing-Twelve-Months) revenue of $121.2 million down from $221.8 million in 2022. The company has been consistently unprofitable, with negative net income and EBIT margins, indicating challenges in managing operational costs effectively.

Balance Sheet

The company's balance sheet reveals high leverage, with a debt-to-equity ratio indicating significant reliance on debt financing. Stockholders' equity turned positive in the TTM, improving from a negative position in 2024, which shows slight improvement in financial health. However, the equity ratio remains low, suggesting limited financial stability.

Cash Flow

Boxlight's cash flow is worrying, with negative operating and free cash flows in the TTM period, signaling insufficient cash generation to cover expenses. The operating cash flow to net income ratio is also negative, indicating inefficiencies in turning operations into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	135.89M	176.72M	221.78M	185.18M	54.89M
Gross Profit	46.94M	63.30M	64.87M	46.52M	9.87M
EBITDA	537.00K	-17.59M	15.37M	46.00K	-11.61M
Net Income	-28.34M	-39.16M	-3.74M	-13.80M	-16.15M
Balance Sheet
Total Assets	115.31M	158.57M	195.40M	201.44M	140.40M
Cash, Cash Equivalents and Short-Term Investments	8.01M	17.25M	14.59M	17.94M	13.46M
Total Debt	45.59M	49.28M	48.98M	51.94M	24.65M
Total Liabilities	128.20M	113.31M	114.99M	119.63M	66.66M
Stockholders Equity	-12.90M	45.26M	80.40M	81.81M	73.74M
Cash Flow
Free Cash Flow	-945.00K	10.26M	84.00K	-2.62M	-4.93M
Operating Cash Flow	-439.00K	11.58M	1.19M	-2.33M	-4.66M
Investing Cash Flow	-506.00K	-1.32M	-1.21M	-34.01M	-45.32M
Financing Cash Flow	-7.14M	-8.01M	-5.13M	41.15M	65.58M

Boxlight Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOXL, the sentiment is Neutral. The current price of 1.96 is below the 20-day moving average (MA) of 2.17, above the 50-day MA of 1.95, and below the 200-day MA of 2.22, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 48.00 is Neutral, neither overbought nor oversold. The STOCH value of 20.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BOXL.

Boxlight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMPG	67 Neutral	$60.69M	―	-29.09%	―	-21.44%	-3.31%
MITQ	59 Neutral	$7.25M	―	-21.35%	―	-4.85%	43.93%
Sector *	57 Neutral	$815.27M	11.36	-16.80%	2.65%	10.29%	-42.67%
AIRG	55 Neutral	$52.01M	―	-25.57%	―	8.46%	39.81%
OCC	54 Neutral	$36.86M	―	-14.60%	―	5.77%	29.54%
CLRO	41 Neutral	$8.70M	―	-41.45%	―	-44.47%	-504.44%
BOXL	39 Underperform	$5.38M	―	-97.40%	―	-29.78%	45.35%

Boxlight Corporate Events

Boxlight Appoints Brian D. Lane as Interim CFO

Boxlight Corporation appointed Brian D. Lane as the Interim Chief Financial Officer effective July 22, 2025. Mr. Lane, a seasoned financial executive with a background in various industries, will continue his employment with SeatonHill Partners, a strategic CFO services firm, while serving Boxlight. Under the terms of the engagement, Boxlight will pay SeatonHill for Mr. Lane’s services without directly compensating him, ensuring continuity in financial leadership during this interim period.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Boxlight CFO Greg Wiggins Announces Resignation

On June 19, 2025, Greg Wiggins, the Chief Financial Officer of Boxlight Corporation, announced his resignation to pursue another opportunity. His departure, effective July 18, 2025, is not due to any disagreements with the company’s operations, policies, or practices.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Boxlight Director Resigns to Address Nasdaq Compliance

On June 16, 2025, James Mark Elliott, a non-executive director of Boxlight Corporation, resigned to help the company address its non-compliance with Nasdaq Rule 5605(b)(1), which mandates that a majority of the board be independent directors. His resignation was not due to any disagreement with the company’s operations or policies, and Boxlight plans to retain him as an advisor and potentially re-elect him once compliance is achieved.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Boxlight Faces Nasdaq Compliance Challenge After Resignations

On June 6, 2025, Charles P. Amos resigned as a director of Boxlight Corporation, following the earlier resignation of R. Wayne Jackson on May 23, 2025. These resignations have led to Boxlight’s noncompliance with Nasdaq rules regarding audit committee composition and board independence. The company has until November 19, 2025, to address these issues and is actively seeking qualified candidates to restore compliance.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Boxlight Director Resignation Affects Nasdaq Compliance

On May 23, 2025, R. Wayne Jackson resigned as a director of Boxlight Corporation for personal reasons, with no disagreements related to company operations. His departure left the company non-compliant with Nasdaq Rule 5605(c)(2)(A) regarding audit committee composition. Boxlight has until November 19, 2025, to address this by recruiting a qualified director, though success in this endeavor is not guaranteed.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.