CaliberCos, Inc. Class A (CWD) AI Stock Analysis

• Market Cap: $2.47M
• Dividend Yield: N/A
• Average Volume (3M): 3.23M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.61
• Revenue Growth: -54.32%
• EPS Growth: -35.99%
• Country: US
• Employees: 81
• Sector: Financial
• Sector Strength: 64
• Industry: Asset Management
• EPS (TTM): -4.15
• Shares Outstanding: 950,390
• 10 Day Avg. Volume: 9,588,000
• 30 Day Avg. Volume: 3,227,667
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 27.76
• Enterprise Value/Revenue: 1.94
• Enterprise Value/Gross Profit: 2.63
• Enterprise Value/Ebitda: -8.79
• 1Y Price Target: $3.50
• Price Target Upside: 87.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: $3.50 ▲(87.17% Upside)

CaliberCos, Inc. faces significant financial challenges, with declining revenues and high leverage being the most critical issues. While recent corporate events and strategic initiatives show promise, the company's financial instability and negative valuation metrics weigh heavily on the overall score. Technical analysis also indicates bearish momentum, further impacting the stock's attractiveness.

CaliberCos, Inc. Class A Business Overview & Revenue Model

Company Description

CaliberCos Inc. is a real estate investment, and an asset management firm specializes in middle-market assets. It serves its investor clients by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments, which are managed by the firm's in-house asset services group. It invests primarily in commercial real estate, qualified opportunity zones (QOZ), private equity, and debt facilities. It delivers a full suite of alternative investments to high net worth, accredited and qualified investors, as well as family offices and smaller institutions. CaliberCos Inc. was founded in 2009 and is headquartered in Scottsdale, Arizona.

How the Company Makes Money

CaliberCos, Inc. generates revenue through several key streams. Primarily, the company earns income from asset management fees, which are charged to investors based on the total assets under management (AUM). Additionally, the company makes money through property management fees, acquisition fees, and development fees associated with the properties within its portfolio. CaliberCos may also generate returns from the appreciation of its real estate investments and any realized gains from property sales. Significant partnerships with financial institutions and real estate developers can further enhance its revenue potential by providing additional capital and investment opportunities.

CaliberCos, Inc. Class A Financial Statement Overview

Summary

CaliberCos, Inc. faces significant financial challenges, including declining revenues, persistent losses, and high leverage. The negative equity position and substantial debt levels raise concerns about the company's financial stability. While there is a slight improvement in operating cash flow, overall cash flow remains constrained, limiting the company's ability to invest in growth opportunities.

Income Statement

CaliberCos, Inc. has experienced a significant decline in revenue from $90.94 million in 2023 to $51.12 million in 2024, indicating a revenue contraction of approximately 43.8%. The company also reported negative net income and EBIT margins, with a net loss of $19.78 million and an EBIT of -$13.31 million in 2024. These figures highlight challenges in achieving profitability and managing operational costs.

Balance Sheet

The balance sheet shows financial instability, with a negative stockholders' equity of -$12.59 million in 2024, indicating potential solvency issues. The debt-to-equity ratio is not calculable due to negative equity, but the high total debt of $81.76 million suggests significant leverage. This poses a risk to financial health, especially in a volatile market.

Cash Flow

CaliberCos, Inc. generated a positive operating cash flow of $0.55 million in 2024, an improvement from negative cash flows in previous years. However, the free cash flow remains low at $0.55 million, indicating limited cash available for growth and investment. The operating cash flow to net income ratio is positive, suggesting some efficiency in cash generation relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.43M	51.12M	90.94M	83.96M	56.03M	37.88M
Gross Profit	26.06M	24.62M	-20.24M	-591.00K	-15.27M	-22.47M
EBITDA	-7.80M	-7.14M	-19.03M	657.00K	-11.62M	-18.28M
Net Income	-20.38M	-19.78M	-12.70M	2.02M	-698.00K	-5.45M
Balance Sheet
Total Assets	103.64M	105.53M	299.43M	278.83M	245.65M	227.34M
Cash, Cash Equivalents and Short-Term Investments	1.57M	2.31M	3.81M	7.66M	8.38M	6.53M
Total Debt	83.24M	81.76M	209.61M	170.33M	160.29M	148.77M
Total Liabilities	96.28M	94.28M	233.41M	201.65M	195.96M	178.90M
Stockholders Equity	-15.81M	-12.59M	2.62M	-3.21M	-9.09M	-16.34M
Cash Flow
Free Cash Flow	344.00K	555.00K	-18.72M	-8.11M	-20.02M	-16.56M
Operating Cash Flow	344.00K	555.00K	-18.72M	-7.43M	-15.02M	-15.77M
Investing Cash Flow	6.69M	-19.63M	10.69M	-31.75M	-14.31M	-9.67M
Financing Cash Flow	-8.01M	6.33M	9.74M	38.58M	35.05M	19.56M

CaliberCos, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.87
• 50DMA: Negative
• 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 CWD, the sentiment is Negative. The current price of 1.87 is below the 20-day moving average (MA) of 2.65, below the 50-day MA of 3.13, and below the 200-day MA of 8.29, indicating a bearish trend. The MACD of -0.28 indicates Positive momentum. The RSI at 34.49 is Neutral, neither overbought nor oversold. The STOCH value of 2.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CWD.

CaliberCos, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RAND	70 Outperform	$54.11M	5.75	-11.50%	33.33%	80.67%	-157.99%
Sector *	68 Neutral	$17.52B	11.65	10.45%	3.85%	9.69%	1.92%
TURN	52 Neutral	$44.18M	―	-8.01%	―	38.38%	71.72%
BCG	48 Neutral	$33.54M	―	-11.08%	―	-27.89%	51.00%
CWD	47 Neutral	$2.47M	―	-5013.15%	―	-54.32%	-35.99%
PWM	42 Neutral	$12.02M	―		―	―	―
BENF	34 Underperform	$2.71M	―	-538.85%	―	78.84%	97.65%

CaliberCos, Inc. Class A Corporate Events

CaliberCos Reports Q2 2025 Financial Results

CaliberCos Inc. reported its second quarter 2025 financial results, showing a slight decrease in platform revenue to $4.1 million compared to the previous year. The company remains focused on achieving platform adjusted EBITDA profitability in the latter half of 2025 by reducing corporate overhead and concentrating on key real estate sectors. Key developments in the quarter included the approval of the Canyon Village redevelopment project and a successful $22.5 million refinance for a hotel in Tucson, AZ, both benefiting from opportunity zone incentives. These moves are expected to enhance Caliber’s market position and drive future growth.

CaliberCos Inc. Elects Directors at Annual Meeting

CaliberCos Inc. held its 2025 annual meeting of stockholders on August 1, 2025, where key proposals were voted upon. The meeting saw the election of six directors to serve until the 2026 annual meeting, with all nominees successfully elected. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified by the stockholders.

CaliberCos to Announce Q2 2025 Financial Results

On July 30, 2025, CaliberCos Inc. announced it will release its second quarter 2025 financial results on August 13, 2025, after the market closes. The company will also hold a webcast/conference call on the same day to discuss the results, which reflects its ongoing commitment to transparency and investor engagement.

CaliberCos Appoints Gregory James as New COO

On July 1, 2025, CaliberCos Inc. announced the termination of Ignacio Martinez as Chief Operating Officer, effective July 7, 2025. Gregory Randolph James was appointed as the new COO, effective the same day. James, who joined Caliber in October 2024, brings extensive experience in hotel operations and asset management, previously serving as Senior Vice President at Summit Hotel Properties. His appointment aligns with Caliber’s strategic focus on enhancing its real estate operations and expanding its hospitality platform, aiming to deliver exceptional value to investors and communities.

CaliberCos Adjusts 2025 Annual Meeting Date

CaliberCos Inc., a Delaware-based company, has announced a change in the date for its 2025 annual meeting of stockholders, moving it to August 1, 2025, to be held virtually. This adjustment, due to the need for more time to process proxy materials, impacts the deadline for stockholder nominations and proposals, which must now be submitted by June 18, 2025, to be considered for inclusion in the meeting’s proxy materials.

CaliberCos Secures $22.5M Refinance for Tucson Hotel

On May 21, 2025, CaliberCos Inc. announced the successful refinancing of the DoubleTree by Hilton Hotel in Tucson, Arizona, with a $22.5 million cash-out refinance. The transaction, supported by Citi and advised by Arriba Capital, will strengthen the asset and support reinvestment across Caliber’s Tax-Advantaged Opportunity Zone Fund portfolio. This move highlights the property’s long-term value and Caliber’s ability to execute disciplined investments, further positioning the company for growth in the real estate market.