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T Stamp, Inc. Class A (IDAI)
NASDAQ:IDAI
US Market

T Stamp, Inc. Class A (IDAI) AI Stock Analysis

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IDAI

T Stamp, Inc. Class A

(NASDAQ:IDAI)

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Neutral 41 (OpenAI - 5.2)
Rating:41Neutral
Price Target:
$3.00
▼(-6.83% Downside)
The score is held down primarily by very weak financial performance (large losses and worsening free cash flow) and bearish technicals (below key moving averages with negative MACD). Corporate updates provide some upside catalysts (bank engagement, purchase order, acquisition LOIs), but valuation signals are limited by negative earnings and no dividend data.
Positive Factors
Orchestration Layer architecture
A pre-built orchestration layer reduces incremental engineering for new deployments, lowering implementation costs and shortening sales cycles. That structural asset supports scalable multi-vertical rollouts, easier integrations, and higher operating leverage as revenue volumes grow across banking, telecoms and healthcare.
Acquisition LOIs adding cyber talent
Strategic, low-cash acquisitions aimed at AI safety, crisis resilience, leadership and product depth can materially accelerate go-to-market and expand product offerings without large cash outlays. Integrating domain expertise strengthens competitive positioning and shortens time-to-market for new services.
Contracted revenue traction (bank, telecom)
Multi-year bank engagement and an initial telecom purchase order create durable, predictable revenue anchors and validate product-market fit in institutional channels. These contracted streams improve revenue visibility and provide a foundation for scaling sales resources and cross-selling higher-margin services.
Negative Factors
Deep negative profitability
Extremely negative EBIT and net margins indicate operating losses far exceeding gross profitability, signaling structural issues converting revenue into sustainable profits. Without material margin expansion or cost reduction, recurring losses will hinder reinvestment, lender confidence, and long-term shareholder returns.
Deteriorating cash generation
A steep decline in free cash flow and negative operating-cash-to-income metrics show the business is not converting earnings into usable cash. This structural cash shortfall raises funding dependency risk, constrains investment in sales/engineering, and can force dilutive financing or slower strategic execution.
Reliance on equity financing and governance delays
Dependence on stock placements and warrant inducements for working capital creates dilution risk and signals limited internal cash buffer. Combined with a missed quorum that adjourned corporate decisions, these governance and funding constraints can slow strategic initiatives and undermine investor confidence over the medium term.

T Stamp, Inc. Class A (IDAI) vs. SPDR S&P 500 ETF (SPY)

T Stamp, Inc. Class A Business Overview & Revenue Model

Company DescriptionT Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.
How the Company Makes MoneyT Stamp, Inc. generates revenue primarily through the sale of its digital identity solutions and services. The company offers products that include biometric authentication systems, electronic signatures, and identity verification services, which are sold to businesses and organizations looking to enhance their security protocols. Key revenue streams come from subscription services, licensing agreements, and transaction fees associated with the use of its platforms. Additionally, T Stamp may benefit from strategic partnerships with other technology firms and integration with existing security infrastructure, which can lead to increased adoption of its solutions and additional revenue opportunities.

T Stamp, Inc. Class A Financial Statement Overview

Summary
Financials are weak overall: despite 10.74% TTM revenue growth and a 51.54% gross margin, profitability is deeply negative (net margin -316.35%, EBIT margin -253.30%) and cash generation is deteriorating (free cash flow growth -69.40%). Balance sheet leverage has improved (debt-to-equity 0.55; equity ratio 54.20%), but ROE remains severely negative (-302.04%).
Income Statement
35
Negative
T Stamp, Inc. Class A shows a mixed performance in its income statement. The company has experienced a revenue growth rate of 10.74% in the TTM period, indicating some positive momentum. However, profitability remains a significant concern with negative net profit margins of -316.35% and EBIT margins of -253.30%. The gross profit margin is relatively healthy at 51.54%, but the consistent negative net income highlights ongoing challenges in achieving profitability.
Balance Sheet
40
Negative
The balance sheet of T Stamp, Inc. Class A reflects moderate financial stability. The debt-to-equity ratio has improved to 0.55 in the TTM period, suggesting better leverage management compared to previous years. However, the return on equity remains negative at -302.04%, indicating inefficiencies in generating returns for shareholders. The equity ratio stands at 54.20%, showing a reasonable level of equity financing relative to total assets.
Cash Flow
30
Negative
Cash flow analysis reveals significant challenges for T Stamp, Inc. Class A. The company has a negative free cash flow growth rate of -69.40% in the TTM period, indicating deteriorating cash generation capabilities. The operating cash flow to net income ratio is -1.89, and the free cash flow to net income ratio is 1.04, suggesting that the company is struggling to convert its operations into positive cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.73M3.08M4.56M5.39M3.68M2.65M
Gross Profit2.24M2.01M3.65M3.60M2.53M1.13M
EBITDA-10.49M-9.36M-7.63M-11.03M-8.45M-10.09M
Net Income-11.79M-10.61M-7.64M-12.09M-9.06M-10.68M
Balance Sheet
Total Assets11.19M8.60M7.89M6.41M8.66M4.81M
Cash, Cash Equivalents and Short-Term Investments5.37M2.78M3.14M1.25M3.48M1.47M
Total Debt3.33M4.13M1.09M1.37M856.26K344.22K
Total Liabilities4.97M5.41M3.98M5.79M3.63M2.74M
Stockholders Equity6.06M3.03M3.75M463.70K4.87M1.91M
Cash Flow
Free Cash Flow-8.11M-9.73M-8.63M-7.32M-7.47M-4.99M
Operating Cash Flow-6.85M-8.92M-7.85M-6.34M-6.70M-4.48M
Investing Cash Flow-896.96K-906.67K-401.68K-998.19K-768.35K-512.16K
Financing Cash Flow12.77M9.49M10.21M5.10M9.34M6.09M

T Stamp, Inc. Class A Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3.22
Price Trends
50DMA
3.91
Negative
100DMA
3.82
Negative
200DMA
3.19
Negative
Market Momentum
MACD
-0.22
Positive
RSI
26.99
Positive
STOCH
6.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IDAI, the sentiment is Negative. The current price of 3.22 is below the 20-day moving average (MA) of 3.87, below the 50-day MA of 3.91, and above the 200-day MA of 3.19, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 26.99 is Positive, neither overbought nor oversold. The STOCH value of 6.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IDAI.

T Stamp, Inc. Class A Risk Analysis

T Stamp, Inc. Class A disclosed 25 risk factors in its most recent earnings report. T Stamp, Inc. Class A 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 1 New Risks

T Stamp, Inc. Class A 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%
53
Neutral
$5.28M0.032.46%
46
Neutral
$3.31M0.0395.31%-19.32%
41
Neutral
$14.95M-0.06-205.65%72.57%-261.66%
41
Neutral
$7.01M-0.03-518.36%-29.57%97.70%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IDAI
T Stamp, Inc. Class A
2.76
-0.48
-14.81%
AGMH
AGM Group Holdings
1.43
-40.07
-96.55%
IFBD
Infobird Co
0.72
-1.17
-61.90%
JTAI
JetAI
0.15
-2.41
-94.31%
LGCL
Lucas GC Limited
1.82
-20.66
-91.90%

T Stamp, Inc. Class A Corporate Events

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Trust Stamp Issues January 2026 Strategic Business Update
Positive
Feb 2, 2026

On February 2, 2026, Trust Stamp issued a business update detailing progress in January 2026 across its five strategic focus areas, following a Q4 2025 financing round designed to fund growth via acquisitions, customer expansion and broader service offerings. The company agreed non-binding letters of intent for two acquisitions of UK cybersecurity startups, structured with no cash consideration and limited dilution, to add AI safety, crisis and resilience expertise, new products and critical leadership and technical staff, while also accelerating go-to-market capacity. Trust Stamp advanced its Stablecoin-focused Wallet of Wallets and StableKey technologies by delivering an MVP, signing an initial deployment LOI with another Nasdaq-listed firm and relocating its director of innovation to Switzerland to pursue opportunities under the Trust Valley program, while positioning for high-profile launches in the first half of 2026. In Africa, the company moved from market cultivation to revenue generation by securing its first purchase order from a large regional telecoms operator for its Irreversibly Transformed Identity Token product, engaging a second major telecom prospect, and progressing its first African nation-state project, including planned high-level government meetings in Nigeria in February 2026 that could open wider public-sector deployments. In the United States, enrollment on its Orchestration Layer platform reached 112 institutions with 2025 transaction volumes up about 20% and FIS-related volumes up roughly 200%, although Trust Stamp plans to add sales support and industry outreach to address slower-than-desired implementation; at the same time, a renewed six-year engagement with a major S&P 500 bank is expected to generate $2.4 million to $2.7 million in annualized revenue in 2026. The company is also expanding its identity document authentication offering as a stand-alone, high-margin service for banks, probing new banking and age-verification opportunities in the UK and EU, and accelerating healthcare deployments through an EU implementation, advanced negotiations with an international pharmacy and primary care group, and a partnership with a UK consulting firm. Despite delays in US federal funding for its Tap-In Band project, Trust Stamp is seeking to revive momentum via potential UK and African partners, while a channel partnership with a national security services firm has created a pipeline of institutional-scale prospects across medical, banking, e-commerce and delivery sectors that is expected to begin generating revenue within the current financial year.

The most recent analyst rating on (IDAI) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

Shareholder Meetings
T Stamp Adjourns 2025 Annual Meeting for Lack of Quorum
Negative
Jan 5, 2026

On December 30, 2025, identity verification and trust technology provider T Stamp, Inc. convened its 2025 Annual Meeting of Stockholders but was unable to conduct business because not enough common shares were present or represented by proxy to constitute a quorum. The company adjourned the meeting and will issue an amended proxy statement, set January 15, 2026 as the new record date for determining stockholders entitled to vote, and plans to reconvene the Annual Meeting on March 11, 2026, requiring shareholders to submit new proxies for the unchanged proposals, which may delay the approval of corporate actions until the reconvened session.

The most recent analyst rating on (IDAI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

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: Feb 03, 2026