PSQ Holdings (PSQH) AI Stock Analysis

• Market Cap: $97.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.23M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.57
• Revenue Growth: 221.24%
• EPS Growth: 13.36%
• Country: US
• Employees: 85
• Sector: Technology
• Sector Strength: 84
• Industry: Software - Application
• EPS (TTM): -0.10
• Shares Outstanding: 42,325,300
• 10 Day Avg. Volume: 854,635
• 30 Day Avg. Volume: 1,227,179
• PEG Ratio: 0.00
• Price to Book (P/B): 241.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -213.53
• Enterprise Value/Market Cap: 2.14
• Enterprise Value/Revenue: 2.51
• Enterprise Value/Gross Profit: 8.10
• Enterprise Value/Ebitda: -1.50
• 1Y Price Target: $6.00
• Price Target Upside: 181.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 58 Neutral
• Price Target: $2.50 ▲(17.37%Upside)

PSQ Holdings has a strong revenue growth trajectory and strategic initiatives that are promising for future growth. However, ongoing losses and negative cash flows, combined with mixed technical indicators and a challenging valuation, moderate the overall outlook. The positive sentiment from the recent earnings call and strategic corporate events slightly boosts the score.

Positive Factors

Capital and Funding

Following a $36.2M capital raise, the company has sufficient capital to fund operations and growth going forward.

Revenue Growth

Guidance for 2025 was reaffirmed, with total revenue expected to grow more than 100% and operating expenses anticipated to be lower than in 2024.

Strategic Advantage

The company's 'Made-in-America' marketplace pivot and exposure to tariff tailwinds reinforce its brand mission and strategic advantage.

Negative Factors

Cash Decline

Cash, including restricted, declined to $28.3M in 1Q25 from $36.6M in 4Q24.

Revenue Forecast Adjustment

Revenue forecast for 1Q25 was lowered to better account for the cadence of FinTech monetization efforts, indicating potential challenges in achieving initial targets.

PSQ Holdings Business Overview & Revenue Model

Company Description

PSQ Holdings, Inc. (PSQH) is a technology-driven company that operates primarily in the data analytics and software solutions sectors. The company focuses on providing innovative data management and analytics services to a wide range of industries, including healthcare, finance, and retail. PSQ Holdings leverages cutting-edge technology to deliver scalable and customizable solutions that help businesses optimize their operations and make data-driven decisions.

How the Company Makes Money

PSQ Holdings generates revenue through a diversified model primarily centered around subscription-based software services, consulting, and custom analytics solutions. Its key revenue streams include subscription fees for its software-as-a-service (SaaS) platforms, which offer customers access to a suite of data analytics tools on a recurring basis. Additionally, the company earns money by providing bespoke consulting services and custom analytics projects tailored to the specific needs of its clients. PSQ Holdings may also engage in strategic partnerships with industry leaders to enhance its offerings and expand its market reach, thereby contributing to its revenue growth.

PSQ Holdings Financial Statement Overview

Summary

PSQ Holdings shows strong revenue growth, which is a positive indicator for future potential. However, persistent losses and negative cash flows highlight the need for improved operational efficiency and financial management. The balance sheet is relatively stable, with low leverage, but the company needs to focus on turning revenue growth into profitability.

Income Statement

The company has shown significant revenue growth over the years, particularly with a major jump from 2023 to 2024. However, the net profit margin is negative, indicating consistent losses. The EBIT and EBITDA margins are also negative, reflecting operational challenges. Overall, while revenue growth is promising, profitability remains a concern.

Balance Sheet

The balance sheet shows improvement in stockholders' equity, indicating potential investor confidence. The debt-to-equity ratio is low, suggesting manageable leverage. However, the equity ratio remains moderate, implying that liabilities are a significant portion of total assets. The company appears to be on a stable financial footing but should monitor liabilities closely.

Cash Flow

Operating cash flow is consistently negative, raising concerns about the company's ability to generate cash from operations. The free cash flow is also negative, indicating the company relies on external financing. While financing cash flow is positive, reliance on it could pose risks if external funding becomes less accessible.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement		Total Revenue
26.48M	23.20M	5.69M	475.18K	0.00
	Gross Profit
25.61M	20.78M	1.89M	-241.00K	0.00
	EBIT
-52.49M	-55.71M	-39.35M	-7.10M	-852.00K
	EBITDA
-42.33M	-52.13M	-30.06M	-6.20M	3.73M
	Net Income Common Stockholders
-49.56M	-57.69M	-53.33M	-6.98M	3.73M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
28.04M	36.32M	16.45M	2.33M	399.40K
	Total Assets
66.15M	74.89M	25.25M	4.22M	1.02M
	Total Debt
3.95M	32.51M	327.37K	299.04K	0.00
	Net Debt
-24.09M	-3.81M	-16.12M	-2.03M	-399.40K
	Total Liabilities
40.13M	48.04M	14.81M	814.25K	155.81K
	Stockholders Equity
26.03M	26.85M	10.43M	3.40M	860.50K
Cash Flow		Free Cash Flow
-36.79M	-34.13M	-29.26M	-7.59M	-973.48K
	Operating Cash Flow
-34.04M	-34.13M	-25.76M	-6.03M	-973.48K
	Investing Cash Flow
-4.47M	-3.02M	-3.32M	-1.55M	-172.50M
	Financing Cash Flow
57.43M	57.29M	43.20M	9.52M	174.31M

PSQ Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.13
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PSQH, the sentiment is Negative. The current price of 2.13 is below the 20-day moving average (MA) of 2.28, above the 50-day MA of 2.05, and below the 200-day MA of 2.86, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 45.85 is Neutral, neither overbought nor oversold. The STOCH value of 2.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PSQH.

PSQ Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.96B	10.09	-7.50%	3.10%	7.33%	-8.11%
RSSS	59 Neutral	$85.69M	―	-30.88%	―	18.51%	-714.65%
PSQH	58 Neutral	$97.00M	―	-223.65%	―	221.24%	13.36%
ALTS	46 Neutral	$165.82M	―	-41.79%	―	―	87.49%
LPSN	46 Neutral	$72.25M	―	-137.76%	―	-23.04%	11.60%
UPLD	40 Underperform	$52.41M	―	-208.78%	―	-8.17%	63.63%
CSAI	33 Underperform	$32.44M	―	-144.73%	―	―	―

PSQ Holdings Corporate Events

PSQ Holdings Elects New Directors at Annual Meeting

On May 29, 2025, PSQ Holdings, Inc. held its annual meeting of stockholders where two key proposals were presented. The first proposal involved the election of Blake Masters and Dusty Wunderlich as Class II directors until the 2028 annual meeting, both of whom were elected with significant support. The second proposal was the ratification of UHY LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, which was also approved by the stockholders.

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

PSQ Holdings Explores Digital Asset Treasury Strategy

On May 27, 2025, PSQ Holdings announced its plan to explore a Digital Asset Treasury Strategy as part of its fintech roadmap. This strategy involves potentially allocating a portion of its treasury into digital assets like Bitcoin and stablecoins to diversify reserves and enhance capital efficiency. The company aims to integrate stablecoins into its ecosystem to transform payment systems and boost its fintech offerings. This move positions PublicSquare as a leader in financial innovation, aligning with the growing trend of institutional adoption of digital assets.

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

PSQ Holdings Announces $50M At-Market Offering

On May 23, 2025, PSQ Holdings, Inc. announced an At the Market Offering Agreement with Roth Capital Partners and Texas Capital Securities, allowing the company to sell shares of its Class A common stock up to $50 million. This strategic move is expected to provide financial flexibility and support the company’s growth initiatives. Additionally, the company appointed James Rinn as Chief Financial Officer, effective June 1, 2025, succeeding Brad Searle. Rinn brings over 30 years of financial leadership experience, which is anticipated to strengthen the company’s financial management and strategic positioning.

The most recent analyst rating on (PSQH) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on PSQ Holdings stock, see the PSQH Stock Forecast page.

PublicSquare Reports 95% Revenue Increase in Q1 2025

On May 8, 2025, PublicSquare reported its financial results for the first quarter of 2025, showcasing a 95% increase in net revenue compared to the same period in 2024, reaching $6.7 million. The company achieved this growth while reducing operating expenses by 10% and significantly lowering sales and marketing costs by 48%. PublicSquare’s strategic focus on integrating new merchants into its FinTech stack and emphasizing a ‘Made in America’ marketplace has contributed to its solid performance and reaffirmed its 2025 guidance. The company also maintained a strong balance sheet with $28 million in cash and cash equivalents as of March 31, 2025, and is on track for over 100% revenue growth for the year.