CXApp (CXAI) AI Stock Analysis

• Market Cap: $17.25M
• Dividend Yield: N/A
• Average Volume (3M): 966.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: -15.10%
• EPS Growth: 74.63%
• Country: US
• Employees: 41
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.16
• Shares Outstanding: 23,435,234
• 10 Day Avg. Volume: 1,440,675
• 30 Day Avg. Volume: 966,804
• 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: 1.47
• Enterprise Value/Revenue: 4.21
• Enterprise Value/Gross Profit: 5.75
• Enterprise Value/Ebitda: -3.21
• 1Y Price Target: $3.00
• Price Target Upside: 305.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: $0.50 ▼(-32.43% Downside)

CXApp's overall stock score is primarily impacted by its weak financial performance and valuation concerns. Despite positive strategic developments and product adoption highlighted in the earnings call, the company's financial instability and bearish technical indicators weigh heavily on its score.

Positive Factors

Strategic Partnerships

The strategic partnership with Google Cloud enhances CXApp's technological capabilities, particularly in AI, which can drive innovation and improve competitive positioning in the workplace solutions market.

Product Adoption and Usage

High product adoption and usage rates, especially among large clients, indicate strong market acceptance and potential for recurring revenue growth, supporting long-term business stability.

Revenue Model

A high percentage of subscription-based revenue provides a stable and predictable income stream, which is crucial for financial planning and sustaining operations in the long term.

Negative Factors

Declining Revenues

Declining revenues suggest challenges in market expansion or product competitiveness, which can hinder long-term growth and financial performance if not addressed.

Negative Cash Flow

Persistent negative cash flow indicates that the company is not generating enough cash from operations to cover its expenses, which could threaten its ability to sustain operations without external financing.

Increased Operating Expenses

Rising operating expenses, especially from R&D, can strain profitability unless offset by corresponding revenue growth, impacting financial health and shareholder value.

CXApp Business Overview & Revenue Model

Company Description

CXApp (CXAI) is a technology company specializing in customer experience solutions powered by artificial intelligence. Operating primarily in the SaaS sector, CXApp offers a suite of tools designed to enhance customer engagement and streamline communication between businesses and their clients. Core products include AI-driven chatbots, analytics platforms, and customer feedback tools that help organizations understand and improve the customer journey.

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 additional charges for premium services such as advanced analytics and custom integrations. The company has established significant partnerships with other technology providers, allowing for additional revenue through joint solutions and integrations, thereby enhancing its market reach and customer base.

CXApp Financial Statement Overview

Summary

CXApp is facing significant financial challenges with declining revenues, substantial net losses, and negative cash flows. While the company maintains a manageable debt level, its lack of profitability and negative cash flow trends pose significant risks to financial stability.

Income Statement

CXApp's income statement reflects significant financial challenges. The company has seen declining revenues over the past two years, with a revenue growth rate of -3.04% from 2023 to 2024. Gross profit margin is relatively healthy at 81.98% for 2024, yet the net profit margin remains highly negative at -271.73%, indicating substantial net losses. EBIT and EBITDA margins are also negative, showcasing operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a stable but weak financial position. The debt-to-equity ratio is 0.32 for 2024, indicating a manageable level of debt relative to equity. However, the return on equity is significantly negative at -124.49%, reflecting poor profitability. The equity ratio stands at 49.03%, suggesting a moderate level of equity financing relative to total assets, but the overall financial health is undermined by consistent losses.

Cash Flow

CXApp's cash flow statement indicates severe cash flow issues. The free cash flow growth rate is negative, and both the operating cash flow to net income ratio and the free cash flow to net income ratio are negative, highlighting that the company is not generating sufficient cash from operations to support its losses. The high reliance on financing activities for cash inflows underscores sustainability concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.00M	7.14M	7.37M	8.47M	0.00	0.00
Gross Profit	4.40M	5.86M	5.62M	6.41M	0.00	0.00
EBITDA	-7.88M	-10.54M	-53.58M	-18.67M	9.21M	-4.08M
Net Income	-13.74M	-19.41M	-53.62M	-29.18M	9.21M	-4.08M
Balance Sheet
Total Assets	29.57M	31.80M	36.58M	4.15M	279.37M	280.24M
Cash, Cash Equivalents and Short-Term Investments	4.85M	4.88M	6.28M	6.31M	406.13K	1.02M
Total Debt	7.96M	5.59M	3.56M	710.00K	0.00	0.00
Total Liabilities	15.26M	16.21M	11.18M	3.95M	21.70M	9.87M
Stockholders Equity	14.31M	15.59M	25.40M	23.39M	257.67M	248.46M
Cash Flow
Free Cash Flow	-8.77M	-7.36M	-17.98M	-1.24M	-595.32K	-514.70K
Operating Cash Flow	-8.76M	-7.33M	-17.91M	-761.10K	-595.32K	-514.70K
Investing Cash Flow	-45.00K	-30.00K	9.89M	-482.00K	0.00	-278.76M
Financing Cash Flow	7.49M	5.98M	16.51M	20.73M	-17.58K	280.29M

CXApp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.74
• 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 CXAI, the sentiment is Negative. The current price of 0.74 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 0.78, and below the 200-day MA of 1.09, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.23 is Neutral, neither overbought nor oversold. The STOCH value of 7.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CXAI.

CXApp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IPM	47 Neutral	$17.83M	―	-17.07%	―	―	―
CXAI	46 Neutral	$17.25M	―	-89.23%	―	-15.10%	74.63%
SMSI	42 Neutral	$15.74M	―	-94.92%	―	-38.89%	64.99%

CXApp Corporate Events

CXApp Announces At The Market Offering Agreement

On August 8, 2025, CXApp Inc. entered into an At The Market Offering Agreement with Maxim Group LLC, allowing the company to offer and sell shares of its Class A common stock up to $7,959,040. The proceeds from this offering are intended for working capital and general corporate purposes. Additionally, CXApp Inc. reached waiver agreements with Streeterville Capital, LLC and Avondale Capital, LLC concerning registration rights related to previous securities purchase agreements, facilitating the filing of a new registration statement with the SEC.

CXApp Validates Incorporation Amendments Amid Clerical Error

On August 4, 2025, CXApp Inc.’s Board of Directors filed a Certificate of Validation with the Delaware Secretary of State to ratify the Second Amended and Restated Certificate of Incorporation, which was not filed due to a clerical error on March 14, 2023. This filing retroactively validates all corporate actions taken since that date, including the issuance of Class C Common Stock, ensuring they are no longer void or voidable. The Certificate has been filed but awaits approval, and stockholders have been notified of the ratification process, with a deadline for any claims against the failure to file set for 120 days from August 4, 2025.