Duke Robotics (DUKR) AI Stock Analysis

• Market Cap: $18.43M
• Dividend Yield: N/A
• Average Volume (3M): 59.95K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.58
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 1
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -0.02
• Shares Outstanding: 54,218,815
• 10 Day Avg. Volume: 84,100
• 30 Day Avg. Volume: 59,953
• PEG Ratio: 4.07
• Price to Book (P/B): 9.63
• Price to Sales (P/S): 75.91
• P/FCF Ratio: -8.24
• Enterprise Value/Market Cap: 0.86
• Enterprise Value/Revenue: 40.35
• Enterprise Value/Gross Profit: 65.33
• Enterprise Value/Ebitda: -16.13
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $0.33 ▼(-3.53% Downside)
• Action: Reiterated Date: 02/04/26
• Date: Action: Reiterated 02/04/26

The score is held back primarily by weak profitability and significant ongoing cash burn alongside a shrinking equity base. Technicals are comparatively supportive with price above key moving averages and mildly positive momentum, and the recent capital raise helps near-term funding, but valuation remains constrained by losses (negative P/E).

Positive Factors

Revenue rebound & gross margin

A strong TTM revenue rebound with a ~61.8% gross margin signals improving product-market fit and durable unit economics. If management controls operating expenses, these healthy gross margins provide structural leverage to move toward profitability and support scalable growth over months.

Recent capital raise

A $750k private placement completed at a premium provides immediate liquidity and indicates continued backing from existing investors. That structural financing reduces near-term solvency risk and buys runway to commercialize products or achieve milestones without immediate distress financing.

Moderate leverage

Leverage measured by debt-to-equity ~0.65 and relatively small absolute debt lessen solvency pressure versus highly levered peers. This structural debt profile preserves financial flexibility, making debt financing a viable supplementary option while execution improves cash generation.

Negative Factors

Persistent cash burn

Sustained materially negative operating and free cash flow demonstrates the business is burning cash faster than generating it. Over months this necessitates repeated external funding or deep cost cuts, undermining independent growth and increasing dilution risk for shareholders.

Shrinking equity base

A sharp decline in shareholders' equity materially reduces the balance-sheet cushion against losses. Structurally this raises bankruptcy sensitivity, restricts ability to raise non-dilutive debt, and makes future capital raises more dilutive or costly, weakening long-term financial resilience.

Negative operating profitability

Persistent negative net margin and deeply negative EBIT indicate the cost base outpaces revenue at current scale. Without durable operating leverage or cost structure improvements, the company cannot sustainably convert healthy gross margins into profits and positive cash flow.

Duke Robotics Business Overview & Revenue Model

Company Description

DUKE Robotics Corp. operates as a robotics company in Israel, Greece, and the United States. The company develops a robotics system that enables remote, real-time, and pinpoint accurate firing of small arms and light weapons, as well as drone-based systems; and an insulator cleaning drone for conducting routine maintenance of critical infrastructure for cleaning electric utility cable insulators. It also offers UAS octocopter, which integrates six degrees of freedom robotic gimbal for military and homeland security purposes. The company was formerly known as UAS Drone Corp. and changed its name to DUKE Robotics Corp. in October 2024. DUKE Robotics Corp. was founded in 2014 and is headquartered in Tirat Carmel, Israel.

How the Company Makes Money

Duke Robotics Financial Statement Overview

Summary

Revenue rebounded strongly and gross margin is healthy, but operating profitability remains weak (negative net margin) and cash flow is a major concern with materially negative operating and free cash flow. Balance sheet leverage is moderate, yet equity has shrunk sharply, reducing financial flexibility.

Income Statement

TTM (Trailing-Twelve-Months) revenue rebounded strongly (+57.4%) and gross margin is healthy (~61.8%), indicating improving product economics at the gross profit line. However, profitability remains weak: net margin is negative (~-10.1%) and operating results are meaningfully loss-making (EBIT deeply negative), suggesting the cost base is still too high relative to current scale. Annual results have also been volatile (including years with very low/zero revenue), which reduces confidence in earnings durability.

Balance Sheet

Leverage is moderate in TTM (Trailing-Twelve-Months) with debt-to-equity around 0.65, and total debt is relatively small in absolute terms versus assets. That said, equity has declined sharply versus prior years (from ~$0.85M in 2024 to ~$0.22M in TTM), which reduces balance-sheet cushion and increases sensitivity to further losses. Returns on equity are negative in TTM, consistent with ongoing lack of sustainable profitability.

Cash Flow

Cash generation is the primary weakness: TTM (Trailing-Twelve-Months) operating cash flow is significantly negative (-$0.92M) and free cash flow is also materially negative (-$1.07M), indicating substantial cash burn. Free cash flow deteriorated versus the prior period (negative growth), and cash flow performance has been persistently negative across the annual history provided, implying continued reliance on external funding or balance-sheet resources.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	395.00K	108.00K	300.00K	0.00	500.00K	0.00
Gross Profit	244.00K	37.00K	27.00K	-2.00K	500.00K	-5.00K
EBITDA	-988.00K	-1.02M	-782.00K	-1.08M	-439.00K	-1.30M
Net Income	-40.00K	40.00K	-726.00K	-1.08M	-888.00K	-1.43M
Balance Sheet
Total Assets	988.00K	1.63M	2.48M	2.99M	3.61M	136.00K
Cash, Cash Equivalents and Short-Term Investments	361.00K	1.26M	2.28M	2.85M	3.56M	108.00K
Total Debt	144.00K	169.00K	412.00K	305.00K	297.00K	1.66M
Total Liabilities	766.00K	776.00K	671.00K	566.00K	508.00K	1.99M
Stockholders Equity	222.00K	851.00K	1.81M	2.43M	3.10M	-1.85M
Cash Flow
Free Cash Flow	-1.07M	-995.00K	-566.00K	-707.00K	-234.00K	-849.00K
Operating Cash Flow	-920.00K	-918.00K	-548.00K	-672.00K	-234.00K	-849.00K
Investing Cash Flow	-153.00K	-77.00K	-18.00K	-35.00K	0.00	0.00
Financing Cash Flow	0.00	0.00	0.00	0.00	3.69M	931.00K

Duke Robotics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CVU	50 Neutral	$54.32M	-84.10	-2.26%	―	-13.52%	-103.42%
DUKR	49 Neutral	$18.43M	-16.51	-121.21%	―	―	―
KITT	49 Neutral	$24.14M	>-0.01	―	―	95.38%	45.87%
AIRI	48 Neutral	$15.81M	-11.19	-11.98%	―	-6.77%	-192.82%
SIDU	46 Neutral	$139.69M	-1.61	-142.81%	―	-30.18%	80.43%
MNTS	41 Neutral	$6.73M	-0.03	―	―	-63.81%	81.84%

Duke Robotics Corporate Events

Duke Robotics Raises Capital Through Premium Private Placement

On December 30, 2025, Duke Robotics entered into definitive securities purchase agreements with a group of accredited investors, including long-time backers, for a private placement that raised gross proceeds of $750,000, as disclosed in a January 5, 2026 announcement. The financing, structured in units priced at $0.36 comprising one common share and a warrant exercisable at $0.65 until November 30, 2026, was completed at a premium to market and is expected to bolster the company’s balance sheet and support near-term operational and commercialization efforts, while providing price protection to investors and signaling continued confidence from existing shareholders in the company’s growth plans.