Kodak (KODK) AI Stock Analysis

• Market Cap: $544.42M
• Dividend Yield: N/A
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.90
• Revenue Growth: -2.17%
• EPS Growth: -112.27%
• Country: US
• Employees: 3,900
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): -0.36
• Shares Outstanding: 81,014,310
• 10 Day Avg. Volume: 945,850
• 30 Day Avg. Volume: 1,155,138
• 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: 1.93
• Enterprise Value/Revenue: 1.01
• Enterprise Value/Gross Profit: 5.44
• Enterprise Value/Ebitda: 9.91
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: $6.50 ▲(3.01% Upside)

Kodak's overall stock score reflects significant financial and valuation challenges. The company's declining revenue and profitability, coupled with liquidity concerns, weigh heavily on its financial performance score. Technical analysis provides a slightly positive outlook, but the negative P/E ratio and lack of dividend yield are major valuation concerns. The earnings call highlights strategic initiatives, but ongoing financial instability remains a critical risk.

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 weak, with declining revenue and profitability. The income statement shows operational inefficiencies, and the cash flow statement indicates potential liquidity issues. The balance sheet is moderately stable but constrained by increasing leverage and low returns on equity.

Income Statement

Kodak's income statement reveals a challenging financial landscape. The company has experienced declining revenue over the past few years, with a significant drop in the TTM period. Gross profit margins have been relatively stable but low, indicating limited pricing power or high costs. The net profit margin has improved slightly in the TTM period, but the EBIT margin remains negative, highlighting operational inefficiencies. Overall, the income statement reflects a company struggling with profitability and growth.

Balance Sheet

Kodak's balance sheet shows a moderate level of financial stability. The debt-to-equity ratio has increased in the TTM period, indicating rising leverage, but it remains within a manageable range. Return on equity is low, reflecting limited profitability. The equity ratio suggests that a significant portion of the company's assets is financed by equity, which is a positive sign. However, the overall financial health is constrained by low profitability and increasing debt levels.

Cash Flow

Kodak's cash flow statement highlights significant challenges. The company has consistently reported negative operating cash flow, indicating difficulties in generating cash from its core operations. Free cash flow has also been negative, with a declining trend in the TTM period. The operating cash flow to net income ratio is negative, suggesting that the reported net income may not be translating into cash flow. Overall, the cash flow situation is concerning and indicates potential liquidity issues.

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	193.00M	203.00M	210.00M	170.00M	164.00M	135.00M
EBITDA	106.00M	197.00M	169.00M	100.00M	92.00M	-327.00M
Net Income	11.00M	102.00M	75.00M	26.00M	24.00M	-541.00M
Balance Sheet
Total Assets	1.93B	2.00B	2.35B	2.29B	2.17B	1.25B
Cash, Cash Equivalents and Short-Term Investments	155.00M	201.00M	255.00M	217.00M	362.00M	196.00M
Total Debt	479.00M	499.00M	495.00M	363.00M	312.00M	80.00M
Total Liabilities	1.18B	1.14B	1.21B	1.04B	1.19B	980.00M
Stockholders Equity	750.00M	859.00M	1.14B	1.24B	977.00M	268.00M
Cash Flow
Free Cash Flow	-45.00M	-63.00M	6.00M	-147.00M	-68.00M	-52.00M
Operating Cash Flow	-47.00M	-7.00M	38.00M	-116.00M	-47.00M	-35.00M
Investing Cash Flow	-56.00M	-39.00M	-32.00M	-56.00M	-20.00M	-13.00M
Financing Cash Flow	-7.00M	-23.00M	85.00M	43.00M	238.00M	10.00M

Kodak Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 6.31 is below the 20-day moving average (MA) of 6.62, above the 50-day MA of 6.25, and below the 200-day MA of 6.43, indicating a bullish trend. The MACD of 0.08 indicates Positive momentum. The RSI at 53.65 is Neutral, neither overbought nor oversold. The STOCH value of 43.20 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
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ACTG	―	$342.38M	-55.39	-1.17%	―	62.44%	-109.84%
CASS	―	$516.09M	16.78	11.44%	3.26%	-6.85%	39.42%
QUAD	―	$304.35M	-19.00	-17.22%	4.72%	-6.94%	74.52%
KODK	―	$544.42M	-63.03	1.14%	―	-2.17%	-112.27%
SPIR	―	$376.67M	―	―	―	-11.82%	-2.53%

Kodak Corporate Events

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.

Eastman Kodak Reports Q2 2025 Financial Results

Eastman Kodak Company is a global leader in commercial print and advanced materials & chemicals, known for its innovative products and commitment to sustainability. In its second-quarter 2025 financial report, Kodak revealed a slight decline in revenue and a significant net loss compared to the previous year. The company reported consolidated revenues of $263 million, a 1% decrease from the same period in 2024, and a net loss of $26 million, contrasting with a net income of $26 million in the prior year. Operational EBITDA also saw a decline, primarily due to lower volumes and increased costs.