Cxapp Inc. (CXAI)
NASDAQ:CXAI
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CXApp
(NASDAQ:CXAI)
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Rating:48Neutral
Price Target:
$0.26
▼(-35.25% Downside)
Action:ReiteratedDate:01/31/26
The score is held down primarily by weak financial performance: sharply declining TTM revenue, very large operating losses, and continued negative operating/free cash flow despite some improvement versus prior periods. Technicals remain unfavorable with the stock below key longer-term moving averages and a negative MACD. The latest earnings call adds a modest offset due to improved margins/expense discipline and positive positioning (Gartner recognition and partnerships), but near-term revenue pressure remains a clear risk. Valuation contributes limited support given negative earnings and no dividend yield provided.
Positive Factors
High gross margin & SaaS mix
A 99% subscription mix with an ~89% gross margin indicates durable, software-like unit economics and recurring revenue. This structurally strengthens revenue predictability and margin scalability versus hardware, enabling operating leverage as sales grow and reducing volatility over the medium term.
Negative Factors
Sharp revenue decline
A ~31.6% TTM revenue decline signals weakening demand or retention, which undermines operating leverage and makes fixed-cost absorption harder. Even with margin improvements, persistent top-line contraction limits sustainable profitability and complicates growth investments over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin & SaaS mix
A 99% subscription mix with an ~89% gross margin indicates durable, software-like unit economics and recurring revenue. This structurally strengthens revenue predictability and margin scalability versus hardware, enabling operating leverage as sales grow and reducing volatility over the medium term.
Read all positive factors
CXApp (CXAI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.95M
Dividend YieldN/A
Average Volume (3M)13.01M
Price to Earnings (P/E)―
Beta (1Y)0.13
Revenue Growth-27.47%
EPS Growth83.06%
CountryUS
Employees41
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.13
Shares Outstanding36,512,410
10 Day Avg. Volume21,970,770
30 Day Avg. Volume13,011,525
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.86
Price to Sales (P/S)4.05
P/FCF Ratio-3.94
Enterprise Value/Market Cap0.78
Enterprise Value/Revenue1.51
Enterprise Value/Gross Profit1.81
Enterprise Value/Ebitda-0.79
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.7
Revenue Forecast (FY)$8.00M
CXApp Business Overview & Revenue Model
Company Description
CXApp Inc. provides a workplace experience platform for enterprise customers. It offers CXApp, a software-as-a-service platform with native mapping, analytics, on-device positioning, and applications technologies for use in various applications, s...
How the Company Makes Money
CXApp generates revenue through a subscription-based model, where clients pay monthly or annual fees to access its software platforms. Key revenue streams include tiered pricing plans based on the number of users or features utilized, as well as a...
CXApp Earnings Call Summary
Earnings Call Date:Nov 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Apr 21, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements in global expansion, strategic partnerships, and financial improvements. However, there were concerns about revenue decline and challenges in shifting the revenue mix. Overall, the positive developments outweighed the lowlights.Positive Updates
Global Expansion and Client Engagement
CX AI now operates in over 200 cities across 50 countries, serving over a million users. The company has launched deployments at high-profile locations like 30 Rock, with more sites across the country being added.
Negative Updates
Revenue Decline
Revenue decreased from $1.2 million in Q2 to $1.1 million in Q3. This decline reflects a shift in revenue mix due to lower hardware-related sales.
Read all updates
Q3-2025 Updates
Positive
Negative
Global Expansion and Client Engagement
CX AI now operates in over 200 cities across 50 countries, serving over a million users. The company has launched deployments at high-profile locations like 30 Rock, with more sites across the country being added.
Read all positive updates
Company Guidance
During the CX AI Third Quarter 2025 earnings call, CEO Khurram Sheikh provided detailed guidance on the company's strategic direction and performance metrics. CXAI, trading under the symbol Sky, operates in over 200 cities across 50 countries, serving more than a million users with a team of around 65 employees, 70% of whom are in R&D. The company achieved a significant milestone with its subscription revenue mix reaching 99%, up from 88% the previous year, contributing to an 89% gross margin. Despite a modest decline in revenue to $1.1 million from $1.2 million in Q2, the company improved its operating expenses to $3.2 million and maintained a strong cash position of $9 million. Sheikh emphasized the transformative impact of Sky's agentic AI solutions, which improved employee engagement and satisfaction, and announced strategic collaborations, including one with Noro for immersive telepresence. Additionally, Gartner recognized Sky as a representative vendor in the 2025 market guide for workplace experience applications. As they prepare for Q4 and beyond, the company aims to expand its customer base, accelerate ecosystem integrations, and maintain cost discipline while investing in AI leadership.CXApp Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.11M | 7.14M | 7.37M | 8.47M | 0.00 | 0.00 |
| Gross Profit | 3.43M | 5.86M | 5.62M | 6.41M | 0.00 | 0.00 |
| EBITDA | -7.91M | -10.54M | -53.58M | -18.67M | -1.50M | 0.00 |
| Net Income | -11.89M | -19.41M | -53.62M | -29.18M | 9.21M | -9.80M |
Balance Sheet | ||||||
| Total Assets | 28.54M | 31.80M | 36.58M | 29.28M | 279.37M | 280.24M |
| Cash, Cash Equivalents and Short-Term Investments | 5.09M | 4.88M | 6.28M | 6.31M | 406.13K | 1.02M |
| Total Debt | 6.86M | 5.59M | 3.56M | 710.00K | 0.00 | 0.00 |
| Total Liabilities | 13.31M | 16.21M | 11.18M | 5.89M | 21.70M | 31.79M |
| Stockholders Equity | 15.23M | 15.59M | 25.40M | 23.39M | 257.67M | 248.46M |
Cash Flow | ||||||
| Free Cash Flow | -9.47M | -7.36M | -17.98M | -19.38M | -595.32K | -514.70K |
| Operating Cash Flow | -9.45M | -7.33M | -17.91M | -18.89M | -595.32K | -514.70K |
| Investing Cash Flow | -21.00K | -30.00K | 9.89M | -482.00K | 0.00 | -278.76M |
| Financing Cash Flow | 9.49M | 5.98M | 16.51M | 20.73M | -17.58K | 280.29M |
CXApp Technical Analysis
Negative
0.40
Price Trends
0.24
Negative
0.34
Negative
0.60
Negative
Market Momentum
<0.01
Negative
46.78
Neutral
27.21
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 0.23, above the 50-day MA of 0.24, and below the 200-day MA of 0.60, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.78 is Neutral, neither overbought nor oversold. The STOCH value of 27.21 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 55 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
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% | |
54 Neutral | $14.08M | -3.51 | ― | ― | ― | ― | |
48 Neutral | $7.95M | -1.21 | -78.31% | ― | -27.47% | 83.06% | |
47 Neutral | $20.35M | -0.37 | -121.17% | ― | -24.08% | 70.11% | |
39 Underperform | $7.20M | -2.28 | -174.91% | ― | ― | ― |
* Technology Sector Average
CXAI
CXApp
0.22
-0.63
-74.50%
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1.55
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CXApp Corporate Events
Private Placements and Financing
CXApp Raises Capital Through Private Equity Share Issuance
Neutral
Jan 30, 2026
CXApp Inc. issued 4,616,481 shares of common stock to Avondale Capital, LLC under a March 26, 2025 pre-paid purchase arrangement established via a securities purchase agreement between the parties. The shares, priced at $0.24024 each, were issued ...
Private Placements and Financing
CXApp Issues Shares to Avondale Capital
Neutral
Dec 12, 2025
On December 9 and 10, 2025, CXApp Inc. issued 3,266,615 shares of common stock to Avondale Capital, LLC at a price of $0.348985 per share. This transaction was conducted under a Securities Purchase Agreement dated March 26, 2025, and relied on Sec...
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.