Bolt Projects Holdings (BSLK) AI Stock Analysis

• Market Cap: $5.11M
• Dividend Yield: N/A
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 4.8
• Beta (1Y): 0.89
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 14
• Sector: Financial
• Sector Strength: 79
• Industry: Shell Companies
• EPS (TTM): 0.39
• Shares Outstanding: 2,061,779
• 10 Day Avg. Volume: 79,655
• 30 Day Avg. Volume: 1,124,382
• PEG Ratio: -0.52
• Price to Book (P/B): -3.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.48
• Enterprise Value/Market Cap: 74.18
• Enterprise Value/Revenue: 134.70
• Enterprise Value/Gross Profit: -21.07K
• Enterprise Value/Ebitda: -15.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $2.50 ▲(0.81%Upside)

The overall stock score reflects significant financial challenges and bearish technical indicators. Despite a low P/E ratio suggesting potential undervaluation, the company's financial distress and weak market momentum are critical concerns. Recent corporate events show positive revenue growth, but financial sustainability remains uncertain.

Bolt Projects Holdings Business Overview & Revenue Model

Company Description

Bolt Projects Holdings, Inc. operates as a material solutions company. The company offers B-SILK PROTEIN, a biodegradable ingredient for the beauty and personal care industry. Its products also include MYLO, a mycelium-based leather material; and MICROSILK, a silk fiber. The company is based in San Francisco, California.

How the Company Makes Money

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Bolt Projects Holdings Financial Statement Overview

Summary

Bolt Projects Holdings is in a dire financial situation, with negative gross and net profit margins, excessive leverage, and persistent negative free cash flow. The company faces significant solvency risks and requires strategic restructuring.

Income Statement

Bolt Projects Holdings exhibits significant financial challenges, with persistent negative gross and net profit margins indicating ongoing losses. Revenue has shown extreme fluctuations, with a substantial drop from 2023 to 2024, reflecting instability in income generation. Negative EBIT and EBITDA margins further highlight operational difficulties.

Balance Sheet

The company's balance sheet reveals a precarious financial position, characterized by negative stockholders' equity and a high debt-to-equity ratio, indicating excessive leverage. The equity ratio is negative due to liabilities exceeding assets, underscoring financial distress and solvency concerns.

Cash Flow

Cash flow analysis shows persistent negative free cash flow and operating cash flow, indicating inability to generate cash from operations. Although financing activities have provided some cash inflow, this is unsustainable in the long term without operational improvements.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.37M	3.44M	346.00K	305.00K
Gross Profit	-93.00K	-1.41M	-388.00K	-575.00K
EBITDA	-63.89M	-52.08M	-46.99M	-27.62M
Net Income	-65.39M	-57.72M	-51.70M	-38.50M
Balance Sheet
Total Assets	12.23M	24.27M	77.84M	104.86M
Cash, Cash Equivalents and Short-Term Investments	3.51M	894.00K	22.93M	57.04M
Total Debt	13.19M	33.53M	54.73M	29.10M
Total Liabilities	20.84M	136.81M	396.26M	372.90M
Stockholders Equity	-8.61M	-112.54M	-318.42M	-268.04M
Cash Flow
Free Cash Flow	-16.17M	-30.19M	-63.97M	-48.52M
Operating Cash Flow	-16.15M	-29.23M	-55.88M	-36.11M
Investing Cash Flow	-23.00K	-678.00K	-8.09M	8.52M
Financing Cash Flow	18.81M	5.55M	29.83M	69.41M

Bolt Projects Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.48
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSLK, the sentiment is Negative. The current price of 2.48 is below the 20-day moving average (MA) of 2.55, below the 50-day MA of 4.21, and below the 200-day MA of 7.94, indicating a bearish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 40.34 is Neutral, neither overbought nor oversold. The STOCH value of 55.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BSLK.

Bolt Projects Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	$16.66B	11.44	9.71%	3.92%	11.61%	-10.70%
BSLK	46 Neutral	$5.11M	4.84	199.77%	―	―	―
MSSAF					―
DNQAF					―
YOTA		$42.74M	338.32		―	―	―
DIST		$89.60M	269.62	-23.45%	―	―	―
QETA		$40.46M	89.29	3.07%	―	―	―

Bolt Projects Holdings Corporate Events

Bolt Projects Holdings Approves Reverse Stock Split

On April 9, 2025, Bolt Projects Holdings, Inc. held a special meeting of stockholders where they approved a reverse stock split of their common stock at a ratio of 1-for-20. This decision was made to consolidate shares and is set to take effect on April 17, 2025, with trading on a split-adjusted basis beginning April 21, 2025. The reverse stock split will result in every 20 shares being converted into one share, with cash payments provided for fractional shares. This move is expected to adjust the number of shares underlying the company’s outstanding warrants and equity awards, potentially impacting stakeholders by altering share value and trading dynamics.

Bolt Projects Holdings Reports 37% Revenue Increase in 2024

In 2024, Bolt Projects Holdings made significant strides, including a business combination with Golden Arrow Merger Corporation and the launch of vegan silk products, resulting in a 37% increase in revenues to $1.4 million. The company anticipates at least $4.5 million in revenues for 2025, driven by cost efficiencies and increased market penetration, positioning itself to achieve positive gross margins and expand its customer base, with a focus on generating free cash flow and shareholder value.