Kodak (KODK) AI Stock Analysis

• Market Cap: $550.91M
• Dividend Yield: N/A
• Average Volume (3M): 1.32M
• Price to Earnings (P/E): 14.2
• Beta (1Y): 1.81
• Revenue Growth: -4.32%
• EPS Growth: -22.48%
• Country: US
• Employees: 3,900
• Sector: Industrials
• Sector Strength: 94
• Industry: Specialty Business Services
• EPS (TTM): -0.12
• Shares Outstanding: 80,779,050
• 10 Day Avg. Volume: 1,899,371
• 30 Day Avg. Volume: 1,318,931
• PEG Ratio: -0.22
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.64
• Enterprise Value/Market Cap: 1.61
• Enterprise Value/Revenue: 0.21
• Enterprise Value/Gross Profit: 4.42
• Enterprise Value/Ebitda: 1.28
• 1Y Price Target: $6.00
• Price Target Upside: -12.02% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: $6.50 ▼(-4.69%Downside)

Kodak's overall stock score is primarily influenced by its challenging financial performance and mixed earnings call results, despite technical indicators suggesting some positive momentum. Valuation is reasonable, but the lack of dividends and financial challenges weigh on the score. Recent corporate events provide a slight positive impact.

Kodak Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Kodak generates revenue through a diverse range of business segments. The Print Systems Division is one of the key revenue streams, offering digital and traditional products and services to commercial print and publishing industries. The Enterprise Inkjet Systems Division provides high-speed, high-volume inkjet presses for commercial printing. Kodak also earns from its Advanced Materials and Chemicals Division, which includes films, specialty chemicals, and functional printing technologies. The company leverages its intellectual property portfolio by licensing patents and technologies to other firms, adding a significant source of revenue. Partnerships and collaborations in technology development and distribution further contribute to Kodak's earnings.

Kodak Financial Statement Overview

Summary

Kodak's financial performance is challenged with declining revenue and profitability issues. The income statement shows operational inefficiencies, and the cash flow indicates significant liquidity challenges, despite some stability in the balance sheet.

Income Statement

Kodak's income statement reveals moderate challenges and mixed performance. The TTM shows a slight decrease in total revenue compared to the previous year, indicating a revenue growth rate of -0.19%. Gross Profit Margin remains stable at approximately 19.22% TTM, but the Net Profit Margin declined to 6.05% TTM. EBIT and EBITDA margins are weak, with EBIT Margin negative at -2.5% TTM, signaling operational inefficiencies. Kodak faces significant profitability challenges, although the Gross Profit Margin stability is a positive aspect.

Balance Sheet

Kodak's balance sheet is characterized by moderate stability with some concerns. The Debt-to-Equity Ratio is 0.65 TTM, which is reasonable, but the decreasing Stockholders' Equity raises concerns. The Equity Ratio is 40.42% TTM, indicating a fair level of asset financing through equity. Return on Equity (ROE) is 8.04% TTM, showing moderate effectiveness in generating returns from equity. A steady equity ratio is a strength, but declining equity suggests potential risk.

Cash Flow

Kodak's cash flow position is concerning, highlighted by negative Free Cash Flow of -$81 million TTM. The Operating Cash Flow to Net Income Ratio is -0.98 TTM, reflecting cash flow challenges despite reported net income. The Free Cash Flow to Net Income Ratio is -1.29 TTM, indicating cash flow issues relative to profitability. Although the company has managed to maintain some financing flexibility, negative cash flow metrics pose significant risks.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04B	1.12B	1.21B	1.15B	1.03B
Gross Profit	203.00M	210.00M	170.00M	164.00M	135.00M
EBITDA	197.00M	169.00M	100.00M	92.00M	-327.00M
Net Income	102.00M	75.00M	26.00M	24.00M	-544.00M
Balance Sheet
Total Assets	2.00B	2.35B	2.29B	2.17B	1.25B
Cash, Cash Equivalents and Short-Term Investments	201.00M	255.00M	217.00M	362.00M	196.00M
Total Debt	499.00M	495.00M	363.00M	312.00M	80.00M
Total Liabilities	1.14B	1.21B	1.04B	1.19B	980.00M
Stockholders Equity	859.00M	1.14B	1.24B	977.00M	268.00M
Cash Flow
Free Cash Flow	-63.00M	6.00M	-147.00M	-68.00M	-52.00M
Operating Cash Flow	-7.00M	38.00M	-116.00M	-47.00M	-35.00M
Investing Cash Flow	-39.00M	-32.00M	-56.00M	-20.00M	-13.00M
Financing Cash Flow	-23.00M	85.00M	43.00M	238.00M	10.00M

Kodak Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KODK, the sentiment is Positive. The current price of 6.82 is above the 20-day moving average (MA) of 6.46, above the 50-day MA of 6.15, and above the 200-day MA of 6.25, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 56.94 is Neutral, neither overbought nor oversold. The STOCH value of 40.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KODK.

Kodak Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LZ	68 Neutral	$1.64B	52.74	17.09%	―	3.25%	56.17%
Sector *	65 Neutral	$11.06B	15.73	5.16%	1.93%	3.12%	-25.59%
CASS	61 Neutral	$582.50M	23.44	9.03%	3.51%	-1.70%	-29.97%
ACTG	57 Neutral	$363.53M	7.73	-2.09%	―	65.22%	-133.47%
KODK	54 Neutral	$550.91M	14.20	6.47%	―	-4.32%	-22.48%
QUAD	52 Neutral	$292.54M	―	-19.25%	4.33%	-7.00%	71.30%
YSXT	―	$109.55M	―		―	―	―

Kodak Corporate Events

Kodak Shareholders Approve Leadership and Financial Oversight

On May 21, 2025, Eastman Kodak Company held its Annual Meeting of Shareholders virtually, with a quorum present for voting. Shareholders elected the company’s nominees for director, approved executive compensation, and ratified Ernst & Young LLP as the independent accounting firm, indicating continued shareholder support for the company’s leadership and financial oversight.

Kodak Enters $100 Million Sales Agreement with BofA

On May 21, 2025, Eastman Kodak Company entered into a Sales Agreement with BofA Securities, Inc. to offer and sell up to $100 million of its common stock through at-the-market offerings. The proceeds from these sales are intended for general corporate purposes, with sales made at prevailing market prices. The agreement does not obligate Kodak or BofA to sell or buy shares, and Kodak has agreed to indemnify BofA against certain liabilities.