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Eastman Kodak Company (KODK)
NYSE:KODK
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Kodak (KODK) Price & Analysis

1,411 Followers

KODK Stock Chart & Stats

$8.06
-$0.21(-3.33%)
At close: 4:00 PM EST
$8.06
-$0.21(-3.33%)

Bulls Say, Bears Say

Bulls Say
Leverage Reduction & LiquidityThe KRIP pension reversion materially strengthened the balance sheet by generating ~$1.023B and funding a $312M term‑loan paydown to a $200M balance. This durable deleveraging reduces refinancing risk, lowers interest expense (~$40M annual savings cited), and increases liquidity to fund operations, working capital and targeted investments through cyclical downturns.
Margin & EBITDA ExpansionSustained margin improvement and sharp operational EBITDA gains reflect improved pricing, cost controls, and operational efficiency. Higher recurring gross margins and growing operational EBITDA provide a more durable earnings base, supporting cash generation and reinvestment capacity even if equipment sales remain cyclical.
Product & Segment DiversificationGrowth across AM&C, pharma product launches, PROSPER production ramp and film distribution broaden revenue streams beyond cyclical print equipment. This diversification into specialty materials, consumables and pharma/pharmaceutical-adjacent products creates multiple durable demand drivers and recurring revenue pockets that can stabilize top-line and margins over time.
Bears Say
Earnings Volatility & GAAP LossesLarge one-time GAAP impacts (notably a $153M excise tax) plus reductions in noncash pension income produced sizable net losses despite operational gains. Such episodic accounting swings obscure underlying profitability and create uncertainty around sustainable EPS generation, complicating long-term planning and investor confidence.
Inconsistent Cash Flow GenerationHistoric swings in operating and free cash flow (negative in several prior years, strong in 2025 largely aided by reversion proceeds) indicate cash generation is not yet reliably recurring. Excluding the pension reversion, 2025 operating cash flow was modest ($21M), raising concern about the durability of internal funding for capex, debt service and growth.
High Interest Burden & Near-term PaydownsSignificant financing costs (term loans at ~12.5%) and increased Series B cash obligations raise recurring cash outflows and constrain flexibility. Mandatory near-term principal repayments and higher dividend-like payouts reduce runway for strategic investments and leave the business exposed if revenue softness or cost inflation recurs.

Kodak News

KODK FAQ

What was Eastman Kodak Company’s price range in the past 12 months?
Eastman Kodak Company lowest stock price was $4.94 and its highest was $13.48 in the past 12 months.
    What is Eastman Kodak Company’s market cap?
    Eastman Kodak Company’s market cap is $1.20B.
      When is Eastman Kodak Company’s upcoming earnings report date?
      Eastman Kodak Company’s upcoming earnings report date is May 12, 2026 which is in 12 days.
        How were Eastman Kodak Company’s earnings last quarter?
        Eastman Kodak Company released its earnings results on Mar 12, 2026. The company reported -$1.119 earnings per share for the quarter, missing the consensus estimate of N/A by -$1.119.
          Is Eastman Kodak Company overvalued?
          According to Wall Street analysts Eastman Kodak Company’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Eastman Kodak Company pay dividends?
            Eastman Kodak Company does not currently pay dividends.
            What is Eastman Kodak Company’s EPS estimate?
            Eastman Kodak Company’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Eastman Kodak Company have?
            Eastman Kodak Company has 97,608,570 shares outstanding.
              What happened to Eastman Kodak Company’s price movement after its last earnings report?
              Eastman Kodak Company reported an EPS of -$1.119 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.161%.
                Which hedge fund is a major shareholder of Eastman Kodak Company?
                Currently, no hedge funds are holding shares in KODK
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Kodak Stock Smart Score

                  Company Description

                  Eastman Kodak Company

                  Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment offers digital offset plate and computer-to-plate imaging solutions to commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging. The Digital Printing segment provides electrophotographic printing solutions, such as The ASCEND and NEXFINITY printers; prosper products, including the PROSPER 6000 Press, PROSPER Writing Systems, PROSPER press systems, and PROSPER components; versamark products; and PRINERGY workflow production software. The Advanced Materials and Chemicals segment engages in industrial film and chemicals, motion picture, and advanced materials and functional printing businesses. This segment also comprises the Kodak Research Laboratories, which conducts research, develops new product or new business opportunities, and files patent applications for its inventions and innovations, as well as manages licensing of its intellectual property to third parties. The Brand segment engages in the licensing of Kodak brand to third parties. The company engages in the operation of Eastman Business Park, a technology center and industrial complex. It sells its products and services through direct sales, third party resellers, dealers, channel partners, and distributors. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.

                  Kodak (KODK) Earnings & Revenues

                  KODK Company Deck

                  KODK Earnings Call

                  Q4 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call communicated strong operational momentum: revenue growth (notably Q4), meaningful margin expansion, large improvements in operational EBITDA, and a materially strengthened balance sheet following the KRIP reversion and substantial term loan paydown. These positives were tempered by large one-time GAAP impacts (notably a $153M excise tax) that produced GAAP net losses, reductions in noncash pension income, restructuring costs, elevated manufacturing and commodity costs, and near-term obligations tied to Series B and high-interest term loans. On balance, the company appears to be transitioning to a healthier, delevered position with sustainable operational improvements despite short-term accounting and tax-related headwinds.View all KODK earnings summaries
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                  Ownership Overview

                  27.40%9.38%0.11%52.81%
                  27.40% Insiders
                  0.11% Other Institutional Investors
                  52.81% Public Companies and
                  Individual Investors
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