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CM.com N.V. (NL:CMCOM)
:CMCOM

CM.com N.V. (CMCOM) AI Stock Analysis

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NL:CMCOM

CM.com N.V.

(CMCOM)

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Neutral 53 (OpenAI - 5.2)
Rating:53Neutral
Price Target:
€5.00
▲(9.65% Upside)
Action:ReiteratedDate:02/21/26
The score is held back primarily by weak and volatile fundamentals (continued losses and a sharp 2025 gross margin drop), partially offset by improved leverage and positive recent cash generation. Technically, the uptrend is supportive, but overbought signals reduce confidence in near-term risk/reward. Valuation is constrained by negative earnings and no indicated dividend yield.
Positive Factors
Improved leverage
Reporting zero total debt in 2025 materially improves financial flexibility and reduces refinancing and interest risk. This durable balance-sheet repair gives management room to fund operations and selective investments without immediate external financing pressure over the next several months.
Negative Factors
Ongoing losses
Net losses persisting across years mean equity returns remain impaired and the company must rely on cash reserves or external financing to fund growth. Continued unprofitability constrains reinvestment, increases funding uncertainty, and weakens the long-term case absent sustained margin recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage
Reporting zero total debt in 2025 materially improves financial flexibility and reduces refinancing and interest risk. This durable balance-sheet repair gives management room to fund operations and selective investments without immediate external financing pressure over the next several months.
Read all positive factors

CM.com N.V. (CMCOM) vs. iShares MSCI Netherlands ETF (EWN)

CM.com N.V. Business Overview & Revenue Model

Company Description
CM.com N.V. provides conversational commerce services worldwide. It operates through Communications Platform as a Service (CPaaS), Payments, Platform, and Other segments. The CPaaS segment offers omnichannel messaging and voice services. The Payme...
How the Company Makes Money
CM.com generates revenue through multiple streams primarily focused on its communication and payment services. Key revenue streams include transaction fees from payment processing, subscription fees for its cloud communication services, and charge...

CM.com N.V. Financial Statement Overview

Summary
Financials show stabilization but remain fragile: net income is still negative (despite narrower losses in 2025), revenue has been inconsistent, and gross margin deteriorated sharply in 2025 (~5% vs ~30% in 2024). Offsetting this, operating cash flow and free cash flow were positive in 2024–2025 and reported leverage improved in 2025 with total debt at zero.
Income Statement
41
Neutral
Balance Sheet
58
Neutral
Cash Flow
49
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue259.39M274.25M266.23M283.23M237.05M
Gross Profit13.68M83.11M29.32M53.88M47.07M
EBITDA18.36M7.95M-3.08M-22.53M-4.27M
Net Income-3.79M-19.81M-28.72M-44.74M-17.49M
Balance Sheet
Total Assets206.13M229.79M240.12M290.52M283.62M
Cash, Cash Equivalents and Short-Term Investments33.21M38.40M48.60M82.74M122.06M
Total Debt0.00113.91M114.50M119.02M102.70M
Total Liabilities178.85M222.95M213.83M242.91M191.96M
Stockholders Equity27.29M6.84M20.55M47.62M91.66M
Cash Flow
Free Cash Flow2.14M16.15M-22.88M-23.30M-10.84M
Operating Cash Flow3.02M18.35M-3.58M-4.42M2.56M
Investing Cash Flow-14.24M-20.76M-19.08M-25.17M-26.03M
Financing Cash Flow6.12M-7.54M-10.38M-11.17M92.02M

CM.com N.V. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price4.56
Price Trends
50DMA
5.02
Positive
100DMA
4.77
Positive
200DMA
4.89
Positive
Market Momentum
MACD
0.10
Positive
RSI
59.42
Neutral
STOCH
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:CMCOM, the sentiment is Positive. The current price of 4.56 is below the 20-day moving average (MA) of 5.23, below the 50-day MA of 5.02, and below the 200-day MA of 4.89, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 59.42 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:CMCOM.

CM.com N.V. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
€519.57M24.1529.06%3.54%4.11%22.38%
70
Outperform
€27.09B40.7723.25%18.73%19.55%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
56
Neutral
€547.51M33.21-12.26%-1.70%24.14%
53
Neutral
€179.69M-37.50-13.96%0.36%34.49%
41
Neutral
€146.87M-17.52-7.94%7.30%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NL:CMCOM
CM.com N.V.
5.41
-0.99
-15.47%
NL:TOM2
TomTom
4.40
0.13
3.04%
NL:NEDAP
Nedap N.V
80.10
23.57
41.70%
NL:ADYEN
Adyen
858.80
-561.00
-39.51%
NL:MTRK
MotorK PLC
3.06
-1.34
-30.45%
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 21, 2026