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Cxapp Inc. (CXAI)
NASDAQ:CXAI
US Market
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CXApp (CXAI) AI Stock Analysis

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CXAI

CXApp

(NASDAQ:CXAI)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
$0.16
▼(-60.50% Downside)
Action:Reiterated
Date:06/24/26
CXAI’s score is held back primarily by weak financial performance—shrinking revenue, very large losses, and ongoing cash burn with rising leverage. Offsetting this, technicals show improving near-term momentum and the latest earnings call highlighted better bookings/retention and credible product/partner catalysts. Valuation is not supportive given negative earnings, and corporate events are mixed due to dilution and Nasdaq compliance-related actions.
Positive Factors
High recurring revenue mix
A 98% subscription mix gives CXApp predictable, recurring revenue and stronger customer lifetime value, supporting durable cash flow visibility and easier scaling of consumption-based AI pricing. High recurrence reduces revenue volatility and underpins long-term go‑to‑market efficiency.
Negative Factors
Shrinking revenue trend
Persistent revenue contraction erodes operating leverage and makes it harder to cover fixed R&D and G&A costs. For a software business with heavy product investment, shrinking top line impairs the path to sustainable margins and prolongs dependence on external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
High recurring revenue mix
A 98% subscription mix gives CXApp predictable, recurring revenue and stronger customer lifetime value, supporting durable cash flow visibility and easier scaling of consumption-based AI pricing. High recurrence reduces revenue volatility and underpins long-term go‑to‑market efficiency.
Read all positive factors

CXApp (CXAI) vs. SPDR S&P 500 ETF (SPY)

CXApp Business Overview & Revenue Model

Company Description
CXApp Inc. delivers a comprehensive digital platform specifically engineered to enrich the workplace experience for its corporate clientele. Its primary offering, also known as CXApp, is a Software-as-a-Service (SaaS) solution featuring integrated...
How the Company Makes Money
CXApp primarily generates revenue by licensing its software platform to customers, typically through recurring subscriptions (SaaS) tied to use of its workplace/experience applications and related modules. Additional revenue can come from professi...

CXApp Earnings Call Summary

Earnings Call Date:May 13, 2026
(Q1-2026)
|
% Change Since: |
Next Earnings Date:Aug 17, 2026
Earnings Call Sentiment Positive
The call emphasized strong forward indicators: bookings growth (12.5% YoY), $5M in multiyear TCV, meaningful NRR improvement (to 98%), strategic Google partnership and Gartner recognition, plus product momentum for CXAI 2.0 and mid-market channel plans. Near-term financials showed a QoQ revenue decline ($950K vs $1.02M) and margin compression (83% vs 87%) driven by timing of deployments and infrastructure investments; underlying operating expenses rose modestly when excluding a prior goodwill charge. Cash increased marginally to $12.3M and EPS loss improved substantially. Overall, the positives around durable bookings, retention, product/partner validation and clear commercialization levers outweigh the near-term revenue and margin headwinds, though timing and compliance risks remain.
Positive Updates
Bookings and Contract Value Momentum
Q1 bookings were $1.4M (up 12.5% YoY from $1.25M in Q1 2025). The company closed three enterprise deals with ~ $5M total contract value (3-year terms), demonstrating multiyear commitments and stronger pipeline conversion.
Negative Updates
Quarterly Revenue Decline
Total revenue declined to $950,000 in Q1 from $1.02M in Q4, reflecting timing of deal closures and the lag between bookings and revenue recognition.
Read all updates
Q1-2026 Updates
Negative
Bookings and Contract Value Momentum
Q1 bookings were $1.4M (up 12.5% YoY from $1.25M in Q1 2025). The company closed three enterprise deals with ~ $5M total contract value (3-year terms), demonstrating multiyear commitments and stronger pipeline conversion.
Read all positive updates
Company Guidance
The company gave directional (not numeric) guidance: CXAI expects Q1 bookings momentum—$1.4M bookings (up 12.5% YoY from $1.25M) including ~$5M TCV across three 3‑year enterprise deals and a 19% beat to internal bookings forecasts—to convert into revenue over upcoming quarters as CXAI 2.0 (on schedule for June) and CXAI (Sky) (marketplace launch this quarter) are deployed; they said gross margin should stabilize in the ~80% range (Q1 GM 83% vs 87% in Q4), subscription mix remains high at 98% of revenue, Q1 revenue was $950K (vs $1.02M in Q4), cash was $12.3M (vs $11.1M), EPS improved to -$0.08 (from -$0.13), NRR rose to 98% (from 86% a year ago), operating expenses declined $1.87M QoQ (27.6%) though underlying ops ex‑goodwill rose $278K, R&D remains ~70% of headcount at $1.5M, and management said they’re targeting positive EBITDA/cash flow improvement and regaining compliance by September while emphasizing enterprise demand, margin‑protected AI‑native monetization, and global scale (200+ cities, 50+ countries, ~1M users).

CXApp Financial Statement Overview

Summary
Overall fundamentals are weak: TTM revenue is declining (~-7.9%), profitability remains extremely poor (net margin around -496% TTM), and operating/free cash flow are deeply negative (about -$11.6M TTM). The balance sheet is not distressed (positive equity), but leverage has been rising and returns are very negative, keeping financing risk elevated.
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
BreakdownTTMDec 2025Mar 2025Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue3.19M4.58M7.14M7.37M8.47M0.00
Gross Profit1.24M1.27M5.86M5.62M6.41M0.00
EBITDA-12.36M-9.65M-15.09M-53.58M-18.67M9.21M
Net Income-15.86M-13.47M-19.41M-53.62M-29.18M9.21M
Balance Sheet
Total Assets32.99M32.43M31.80M36.58M29.28M279.37M
Cash, Cash Equivalents and Short-Term Investments12.34M11.10M4.88M6.28M6.31M406.13K
Total Debt10.95M12.88M5.59M3.56M1.06M0.00
Total Liabilities17.05M18.45M16.21M11.18M5.89M21.70M
Stockholders Equity15.95M13.98M15.59M25.40M23.39M257.67M
Cash Flow
Free Cash Flow-11.61M-10.38M-7.36M-17.98M-19.38M-595.32K
Operating Cash Flow-11.61M-10.38M-7.33M-17.91M-18.89M-595.32K
Investing Cash Flow-18.00K-23.00K-30.00K9.89M-482.00K0.00
Financing Cash Flow20.09M16.64M5.98M16.51M20.73M-17.58K

CXApp Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.40
Price Trends
50DMA
0.18
Negative
100DMA
0.19
Negative
200DMA
0.34
Negative
Market Momentum
MACD
-0.01
Positive
RSI
43.08
Neutral
STOCH
27.27
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CXAI, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.18, and above the 200-day MA of 0.34, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 43.08 is Neutral, neither overbought nor oversold. The STOCH value of 27.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CXAI.

CXApp Risk Analysis

CXApp disclosed 42 risk factors in its most recent earnings report. CXApp 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

CXApp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
57
Neutral
$15.99M-4.02
51
Neutral
$11.02M-0.26-106.67%-34.19%40.60%
43
Neutral
$13.70M-0.38-141.94%-12.47%20.72%
40
Underperform
$5.88M-0.14-174.91%-2.94%-593.41%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CXAI
CXApp
0.16
-0.84
-84.30%
SMSI
Smith Micro Software
2.68
-2.97
-52.57%
IPM
Intelligent Protection Management
1.77
-0.24
-11.94%
AMST
Amesite
1.14
-2.15
-65.35%
WCT
Wellchange Holdings Company Limited
1.03
-9.37
-90.10%
NTCL
NetClass Technology Inc Class A
4.59
-60.41
-92.94%

CXApp Corporate Events

Business Operations and StrategyExecutive/Board Changes
CXApp names interim CFO amid EngineRoom integration
Neutral
Jul 6, 2026
In connection with its acquisition and integration of EngineRoom, CXApp separated from its former Chief Financial Officer, Joy L. Mbanugo, effective June 29, 2026, with the move characterized as amicable and in accordance with her July 2024 employ...
Executive/Board ChangesDelistings and Listing ChangesPrivate Placements and FinancingShareholder MeetingsStock Split
CXApp Shareholders Approve Reverse Split and Capital Flexibility
Positive
Jun 23, 2026
At its recent annual meeting, CXApp stockholders elected Khurram P. Sheikh and George Mathai as Class III directors to serve until the annual meeting following the fiscal year ending December 31, 2028, reinforcing continuity on the company’s...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
CXApp Acquires EngineRoom to Expand AI Growth Platform
Positive
Jun 3, 2026
On June 3, 2026, CXAI’s Australian subsidiary acquired Virtus Digital Marketing Pty Ltd, trading as EngineRoom, an AI-enabled growth intelligence platform focused on customer acquisition intelligence, attribution analytics, workflow automati...
Business Operations and StrategyPrivate Placements and Financing
CXApp Completes Private Common Stock Issuance Financing
Neutral
Jun 3, 2026
Between June 1 and June 3, 2026, CXApp Inc. issued 12,267,843 shares of common stock to Avondale Capital, LLC under a prepaid purchase arrangement tied to a March 26, 2025 securities purchase agreement. The shares were sold at prices just above $0...
Private Placements and Financing
CXApp Raises Capital via Private Share Placement
Neutral
May 28, 2026
CXApp Inc. issued 26,729,531 shares of common stock to Avondale Capital, LLC under a pre-paid purchase agreement tied to a March 26, 2025 securities purchase arrangement, with the specific pre-paid purchase dated October 17, 2025. The shares were ...
Business Operations and StrategyFinancial Disclosures
CXApp Posts Strong Q1 2026 Results and Bookings Momentum
Positive
May 13, 2026
CXApp Inc. reported first-quarter 2026 results on May 13, 2026, highlighting $0.95 million in revenue, $1.4 million in largely recurring bookings and a strong 83% GAAP gross margin, alongside a cash balance of $12.3 million and rising deferred rev...
Private Placements and Financing
CXApp Raises Capital Through Private Equity Share Issuance
Neutral
Apr 17, 2026
CXApp Inc. issued a total of 7,304,178 shares of common stock to Avondale Capital, LLC under two pre-paid purchase arrangements tied to an earlier securities purchase agreement dated March 26, 2025. The stock, priced between approximately $0.1449 ...
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.Date of analysis: Jun 24, 2026