Boxlight Corp (BOXL)
NASDAQ:BOXL
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Boxlight
(NASDAQ:BOXL)
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Rating:39Underperform
Price Target:
$1.00
▲(44.93% Upside)
Action:ReiteratedDate:01/22/26
The score is driven primarily by very weak financial performance (declining revenue, large losses, negative cash flow, and high leverage), reinforced by a bearish technical setup (well below key moving averages with negative MACD). Added downside risk comes from negative corporate events tied to debt/forbearance and Nasdaq compliance, while valuation is not supportive given ongoing losses and no dividend yield provided.
Positive Factors
Product & Market Focus
Boxlight’s core business targets K‑12 and higher‑education with an integrated mix of hardware and software. That sectoral focus and bundled solutions support sustained adoption cycles driven by classroom modernization and recurring service needs, underpinning durable revenue potential.
Negative Factors
Declining Revenue and Margin Erosion
Sustained revenue declines and falling gross margins indicate weakening demand and deteriorating cost efficiency. Persistent margin compression undermines operating leverage and the company’s ability to fund R&D, services and working capital, making long‑term profitability recovery more challenging.
Read all positive and negative factors
Positive Factors
Negative Factors
Product & Market Focus
Boxlight’s core business targets K‑12 and higher‑education with an integrated mix of hardware and software. That sectoral focus and bundled solutions support sustained adoption cycles driven by classroom modernization and recurring service needs, underpinning durable revenue potential.
Read all positive factors
Boxlight (BOXL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.07M
Dividend YieldN/A
Average Volume (3M)9.31M
Price to Earnings (P/E)―
Beta (1Y)1.37
Revenue Growth-29.26%
EPS Growth14.40%
CountryUS
Employees159
SectorTechnology
Sector Strength88
IndustryConsumer Electronics
Share Statistics
EPS (TTM)N/A
Shares Outstanding951,873
10 Day Avg. Volume251,466
30 Day Avg. Volume9,314,629
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.33
Price to Sales (P/S)0.03
P/FCF Ratio-4.55
Enterprise Value/Market Cap31.25
Enterprise Value/Revenue0.31
Enterprise Value/Gross Profit0.96
Enterprise Value/Ebitda-25.57
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-15.96
Revenue Forecast (FY)$110.00M
Boxlight Business Overview & Revenue Model
Company Description
Boxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally. The company prov...
How the Company Makes Money
Boxlight generates revenue through multiple streams, primarily from the sale of its educational technology products, including interactive displays and software solutions. The company also earns money through service contracts, installation, and t...
Boxlight Earnings Call Summary
Earnings Call Date:Nov 13, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:May 07, 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
35
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 106.61M | 135.89M | 176.72M | 221.78M | 185.18M | 54.89M |
| Gross Profit | 34.71M | 46.94M | 63.30M | 64.87M | 46.52M | 9.87M |
| EBITDA | -1.30M | 537.00K | -17.59M | 15.36M | 65.00K | -11.55M |
| Net Income | -30.85M | -28.34M | -39.16M | -3.74M | -13.80M | -16.15M |
Balance Sheet | ||||||
| Total Assets | 99.59M | 115.31M | 158.57M | 195.40M | 201.44M | 139.95M |
| Cash, Cash Equivalents and Short-Term Investments | 11.81M | 8.01M | 17.25M | 14.59M | 17.94M | 13.46M |
| Total Debt | 44.48M | 45.59M | 49.28M | 48.98M | 51.94M | 24.65M |
| Total Liabilities | 90.54M | 128.20M | 113.31M | 143.50M | 148.13M | 95.48M |
| Stockholders Equity | 9.05M | -12.90M | 45.26M | 51.89M | 53.30M | 44.47M |
Cash Flow | ||||||
| Free Cash Flow | -543.00K | -945.00K | 10.26M | 84.00K | -2.62M | -4.93M |
| Operating Cash Flow | -158.00K | -439.00K | 11.58M | 1.19M | -2.33M | -4.66M |
| Investing Cash Flow | -385.00K | -506.00K | -1.32M | -1.21M | -34.01M | -45.32M |
| Financing Cash Flow | 2.97M | -7.14M | -8.01M | -5.13M | 41.15M | 65.58M |
Boxlight Technical Analysis
Negative
0.69
Price Trends
1.33
Negative
2.36
Negative
7.02
Negative
Market Momentum
-0.05
Negative
43.45
Neutral
34.13
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 0.69 is below the 20-day moving average (MA) of 1.17, below the 50-day MA of 1.33, and below the 200-day MA of 7.02, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 43.45 is Neutral, neither overbought nor oversold. The STOCH value of 34.13 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 | $100.42M | -27.50 | -3.58% | ― | 9.55% | 65.17% | |
55 Neutral | $75.54M | -7.48 | -21.76% | ― | -1.53% | 55.08% | |
47 Neutral | $46.61M | -8.96 | -19.98% | ― | 93.47% | 37.19% | |
44 Neutral | $5.58M | -4.23 | -7.48% | ― | -1.49% | 76.04% | |
41 Neutral | $8.48M | -0.34 | -157.60% | ― | -42.90% | -427.39% | |
39 Underperform | $1.07M | -0.34 | -139.93% | ― | -29.26% | 14.40% |
* Technology Sector Average
BOXL
Boxlight
1.12
-7.76
-87.39%
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3.17
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Boxlight Corporate Events
Executive/Board Changes
Boxlight Announces Executive Leadership Transition and Departure
Neutral
Jan 16, 2026
Boxlight Corporation’s board has initiated a planned leadership transition, under which Executive Vice President and General Manager of the Americas Jens Holstebro will step down from his role effective January 27, 2026, after a period the c...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Boxlight Amends Credit Agreement and Plans CEO Transition
Neutral
Dec 29, 2025
On December 18, 2025, Boxlight Corporation entered into an Eleventh Amendment to its existing credit agreement with Whitehawk Finance, covering approximately $32.2 million of indebtedness and expected to become effective by January 31, 2026. The a...
Delistings and Listing ChangesRegulatory Filings and ComplianceStock Split
Boxlight Announces 1-for-6 Reverse Stock Split Plan
Neutral
Dec 19, 2025
On December 19, 2025, Boxlight Corporation announced that its board had approved a 1-for-6 reverse stock split of its Class A common stock, effective at 5:00 p.m. Eastern Time on December 22, 2025, with trading on a split-adjusted basis on Nasdaq ...
Executive/Board ChangesRegulatory Filings and Compliance
Boxlight Director Resigns, Causing Nasdaq Non-Compliance
Negative
Dec 15, 2025
On December 11, 2025, Rudolph Crew resigned as a director of Boxlight Corporation for personal reasons, with no disagreements on company matters. His departure left the company non-compliant with Nasdaq Rule 5605(b)(1), which mandates a majority o...
Financial DisclosuresPrivate Placements and Financing
Boxlight Faces Financial Challenges with New Agreement
Negative
Dec 4, 2025
On December 2, 2025, Boxlight Corporation entered into a Forbearance Agreement and Tenth Amendment to its Credit Agreement with Whitehawk Finance LLC. The amendment addresses the company’s current indebtedness of approximately $32.2 million,...
Private Placements and Financing
Boxlight Amends Inventory Finance Agreement with J.J. Astor
Neutral
Nov 7, 2025
Boxlight Corporation has amended its Inventory Finance Agreement with J.J. Astor, increasing the financing limit to $9 million for purchasing finished goods inventory. This amendment allows Boxlight to convert debt into common stock, potentially i...
Business Operations and StrategyDelistings and Listing ChangesFinancial DisclosuresProduct-Related AnnouncementsRegulatory Filings and Compliance
Boxlight Reports Q3 2025 Financial Results Amid Challenges
Negative
Nov 6, 2025
On November 6, 2025, Boxlight Corporation reported its financial results for the third quarter ending September 30, 2025. The company experienced a 19.2% decrease in revenue compared to the prior year, with a net loss of $6.2 million. The decline ...
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.