Kodak (KODK) AI Stock Analysis

• Market Cap: $712.40M
• Dividend Yield: N/A
• Average Volume (3M): 1.55M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.86
• Revenue Growth: -0.67%
• EPS Growth: -141.58%
• Country: US
• Employees: 3,900
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): -0.08
• Shares Outstanding: 96,400,000
• 10 Day Avg. Volume: 2,711,544
• 30 Day Avg. Volume: 1,553,709
• PEG Ratio: 0.20
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.50
• P/FCF Ratio: -8.35
• Enterprise Value/Market Cap: 1.47
• Enterprise Value/Revenue: 1.00
• Enterprise Value/Gross Profit: 4.85
• Enterprise Value/Ebitda: 10.48
• 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: $8.00 ▲(26.78% Upside)

Kodak's overall stock score is primarily impacted by its weak financial performance and concerning valuation metrics. While technical analysis suggests some potential for upward momentum, the lack of profitability and cash flow challenges present significant risks. Strategic initiatives in the AMC segment and U.S. manufacturing offer some hope, but financial stability remains a critical concern.

Kodak Business Overview & Revenue Model

Company Description

Kodak (KODK) is a global technology company that primarily focuses on imaging and printing solutions. Originally known for its photographic film products, Kodak has evolved its business model to emphasize digital imaging, commercial printing, and advanced materials and chemicals. The company operates through several segments, including Digital Printing, Traditional Printing, and Advanced Materials and Chemicals, offering products such as digital cameras, printing systems, and innovative materials for various industries.

How the Company Makes Money

Kodak generates revenue through multiple key streams. The Digital Printing segment contributes significantly by providing commercial printing solutions, including inkjet technology and workflow software, catering to businesses in need of high-quality printing services. The Traditional Printing segment, which includes film and paper products, still contributes to revenue but has seen a decline due to the shift toward digital solutions. Additionally, Kodak's Advanced Materials and Chemicals segment offers specialized materials used in various applications, including electronics and 3D printing, further diversifying its income. The company has formed strategic partnerships with other technology firms and service providers to enhance its product offerings and market reach, allowing it to leverage synergies and increase its revenue potential.

Kodak Financial Statement Overview

Summary

Kodak's financial performance is challenged by low margins and negative cash flow trends. While there is some revenue growth and a balanced debt-to-equity ratio, the overall financial health is hindered by operational inefficiencies and cash flow issues.

Income Statement

Kodak's income statement shows mixed results. The TTM Gross Profit Margin is 20.67%, indicating moderate efficiency in production. However, the Net Profit Margin is low at 0.57%, reflecting challenges in converting revenue into profit. Revenue growth is positive at 0.77% TTM, but historical fluctuations suggest instability. The EBIT margin is negative, highlighting operational inefficiencies, while the EBITDA margin is slightly better at 7.94% TTM.

Balance Sheet

The balance sheet reveals a moderate financial position. The Debt-to-Equity Ratio is 0.65 TTM, indicating a balanced approach to leveraging. Return on Equity is low at 0.76% TTM, suggesting limited profitability from equity. The Equity Ratio stands at 41.49% TTM, showing a reasonable level of equity financing.

Cash Flow

Kodak's cash flow statement presents significant challenges. The Free Cash Flow Growth Rate is negative, indicating declining free cash flow. The Operating Cash Flow to Net Income Ratio is negative, reflecting cash flow issues. However, the Free Cash Flow to Net Income Ratio is high at 4.4 TTM, suggesting some ability to generate cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04B	1.04B	1.12B	1.21B	1.15B	1.03B
Gross Profit	216.00M	203.00M	213.00M	173.00M	164.00M	135.00M
EBITDA	100.00M	197.00M	195.00M	114.00M	87.00M	71.00M
Net Income	6.00M	102.00M	75.00M	26.00M	24.00M	-541.00M
Balance Sheet
Total Assets	2.08B	2.00B	2.35B	2.29B	2.17B	1.25B
Cash, Cash Equivalents and Short-Term Investments	168.00M	201.00M	255.00M	217.00M	362.00M	196.00M
Total Debt	549.00M	499.00M	495.00M	363.00M	312.00M	80.00M
Total Liabilities	1.21B	1.14B	1.21B	1.04B	1.19B	980.00M
Stockholders Equity	861.00M	859.00M	1.14B	1.24B	977.00M	268.00M
Cash Flow
Free Cash Flow	-50.00M	-63.00M	6.00M	-147.00M	-68.00M	-52.00M
Operating Cash Flow	-5.00M	-7.00M	38.00M	-116.00M	-47.00M	-35.00M
Investing Cash Flow	-40.00M	-39.00M	-32.00M	-56.00M	-20.00M	-13.00M
Financing Cash Flow	-5.00M	-23.00M	85.00M	43.00M	238.00M	10.00M

Kodak Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6.31
• 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 Neutral. The current price of 6.31 is below the 20-day moving average (MA) of 6.87, below the 50-day MA of 6.58, and below the 200-day MA of 6.43, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 50.96 is Neutral, neither overbought nor oversold. The STOCH value of 54.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KODK.

Kodak 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%
ACTG	63 Neutral	$316.34M	―	0.90%	―	71.28%	-89.20%
CASS	60 Neutral	$540.25M	17.75	11.44%	3.26%	-4.96%	39.42%
QUAD	51 Neutral	$284.13M	13.63	27.91%	5.71%	-9.23%	―
SPIR	49 Neutral	$257.42M	13.24	39.87%	―	-16.52%	―
KODK	49 Neutral	$712.40M	―	0.58%	―	-0.67%	-141.58%

Kodak Corporate Events

Eastman Kodak Reports Strong Q3 2025 Financial Performance

Eastman Kodak Company is a global manufacturer specializing in commercial print and advanced materials & chemicals, known for its extensive patent portfolio and commitment to sustainable solutions. In its third-quarter 2025 financial report, Kodak highlighted significant improvements in gross profit and operational EBITDA, alongside a strategic pension reversion transaction. The company’s consolidated revenues increased by 3% to $269 million, driven by a 15% growth in its Advanced Materials & Chemicals segment, despite a slight decline in print revenues. Gross profit surged by 51%, while operational EBITDA saw a remarkable increase from $1 million to $29 million year-over-year. Kodak’s cash balance rose to $168 million, reflecting improved operational profitability, although it decreased from the previous year’s end due to capital expenditures. Looking ahead, Kodak’s management remains focused on reducing debt and enhancing liquidity, with plans to leverage surplus pension assets to strengthen the balance sheet and drive long-term growth.

Kodak Finalizes Annuity Contract with Metropolitan Tower

On October 21, 2025, Eastman Kodak Company completed the purchase of an Annuity Contract and transferred assets from the Kodak Retirement Income Plan to Metropolitan Tower Life Insurance Company, following an agreement signed on October 14, 2025. This transaction is part of Kodak’s strategic financial management efforts, potentially impacting its financial stability and obligations to its retirement plan stakeholders.

The most recent analyst rating on (KODK) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Kodak stock, see the KODK Stock Forecast page.

Kodak Transfers $1.8 Billion Pension Obligations

On January 21, 2025, Kodak‘s Board of Directors approved the termination of the Kodak Retirement Income Plan (KRIP), effective March 31, 2025, ceasing further benefit accruals. By October 14, 2025, Kodak entered into an agreement to transfer approximately $1.8 billion of pension obligations to Metropolitan Tower Life Insurance Company via a nonparticipating single premium group annuity contract. This transaction, expected to close on October 21, 2025, will cover around 27,000 participants, ensuring continued benefit payments until early 2026 when the insurer assumes full responsibility. Additionally, Kodak settled $76 million in pension obligations through lump-sum payments to deferred vested participants on October 1, 2025, and plans to settle $157 million to active participants by November 1, 2025. Any remaining liabilities will be transferred to the Pension Benefit Guaranty Corporation, with surplus assets expected to be distributed by December 2025.

The most recent analyst rating on (KODK) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Kodak stock, see the KODK Stock Forecast page.

Kodak’s Earnings Call: Mixed Results Amid Challenges

The recent earnings call for Eastman Kodak Company painted a mixed picture, reflecting both positive strides and ongoing challenges. While the company reported growth in its Advanced Materials and Chemicals (AMC) business and advancements in pharmaceutical manufacturing, it also faced declines in key financial metrics such as revenue, gross profit, and net income. Moreover, concerns about Kodak’s ability to continue as a going concern added a layer of uncertainty to the overall sentiment.