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Nvni Group Limited (NVNI)
NASDAQ:NVNI
US Market

Nvni Group (NVNI) AI Stock Analysis

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NVNI

Nvni Group

(NASDAQ:NVNI)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
$2.00
▼(-32.20% Downside)
The score is primarily held down by weak financial health (negative equity/insolvency risk) and ongoing losses despite strong revenue growth and improved free cash flow. Technicals are also bearish with the stock trading well below key moving averages and a negative MACD, while valuation signals are constrained by negative earnings and no stated dividend yield.
Positive Factors
Revenue and gross margin strength
Sustained double-digit organic revenue growth combined with a 63%+ gross margin indicates a scalable, high-margin software and services mix. This creates durable operating leverage potential, enabling reinvestment in product, sales, and M&A to drive long-term margin expansion and market share gains.
Improving cash generation
Transition to positive operating and free cash flow enhances financial flexibility despite accounting losses. Reliable cash generation supports working capital, funds organic investment and tuck-in acquisitions, and reduces near-term reliance on dilutive equity or high-cost financing, improving long-term viability.
Insider commitment to growth
A material founder/CEO personal investment signals strong management alignment with shareholders and confidence in the strategy. It improves near-term liquidity for deleveraging and M&A, strengthens credibility with lenders, and materially raises the probability of disciplined execution of long-term consolidation plans.
Negative Factors
Negative stockholders' equity
Negative equity signals structural solvency and capitalization issues that constrain financing options and raise creditor scrutiny. Persistent insolvency risk can limit growth investments, increase cost of capital, and force dilutive equity raises or liability restructurings, affecting long-term strategic flexibility.
Persistent operating losses
Ongoing net losses and negative operating margins indicate the company hasn’t converted high gross margins into sustainable profits. Continued operating deficits stress cash reserves and require corrective cost actions or margin improvement to sustain scaling without recurring external funding or dilutive capital raises.
Capital structure and refinancing risk
Dependence on contingent liability renegotiations and private credit indicates a structural funding gap and elevated refinancing risk. Higher leverage and ad hoc liability fixes can raise financing costs, constrain acquisition economics, and limit strategic optionality until capital structure is fundamentally repaired.

Nvni Group (NVNI) vs. SPDR S&P 500 ETF (SPY)

Nvni Group Business Overview & Revenue Model

Company DescriptionNvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.
How the Company Makes MoneyNvni Group generates revenue through multiple streams including direct sales of software and technology solutions, consulting fees for their advisory services, and subscription models for their cloud-based products. The company also partners with other tech firms and enterprises to expand its service offerings, which helps in driving additional revenue through collaborative projects and joint ventures. Furthermore, NVNI capitalizes on ongoing maintenance and support contracts, ensuring a steady income from existing clients while also exploring new market opportunities to enhance growth.

Nvni Group Financial Statement Overview

Summary
Revenue growth is solid (+14.37% from 2023 to 2024) and 2024 gross margin is strong (63.39%), but profitability remains weak with negative net income/EBIT margins. The balance sheet is a major risk with negative stockholders’ equity (insolvency concern), partially offset by improved operating cash flow and positive free cash flow in 2024.
Income Statement
45
Neutral
Nvni Group has shown significant revenue growth, with a 14.37% increase from 2023 to 2024. However, the company is struggling with profitability, as indicated by negative net income and EBIT margins. The gross profit margin is strong at 63.39% for 2024, but the net profit margin remains negative due to high operating expenses and other costs.
Balance Sheet
30
Negative
The balance sheet reveals a concerning financial position, with negative stockholders' equity indicating insolvency risk. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is also negative. This suggests high leverage and potential financial instability.
Cash Flow
55
Neutral
Cash flow analysis shows improvement, with positive operating cash flow and free cash flow in 2024. The free cash flow growth rate is strong, but the operating cash flow to net income ratio indicates that cash flow is not yet sufficient to cover net losses. The company is managing capital expenditures effectively, contributing to positive free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.00193.28M168.99M124.55M89.86M12.14M
Gross Profit0.00122.53M102.85M71.73M54.03M10.14M
EBITDA-17.24M22.90M-206.03M-79.38M-53.03M-6.09M
Net Income3.11M-86.17M-254.71M-114.41M-77.70M-10.44M
Balance Sheet
Total Assets219.94M405.39M419.86M367.06M466.52M92.67M
Cash, Cash Equivalents and Short-Term Investments63.88K18.04M11.40M8.02M10.90M1.65M
Total Debt9.72M68.63M81.77M73.79M81.24M1.11M
Total Liabilities45.99M517.01M473.49M462.03M503.32M95.90M
Stockholders Equity173.95M-120.50M-57.96M-98.81M-36.80M-3.23M
Cash Flow
Free Cash Flow-10.74M22.52M-9.41M9.87M-10.54M2.20M
Operating Cash Flow-10.74M38.58M2.81M14.20M-6.73M2.20M
Investing Cash Flow986.42M-16.06M-12.22M-4.32M-94.79M-48.00K
Financing Cash Flow-975.97M-15.88M12.79M-12.76M110.77M6.65M

Nvni Group Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.95
Price Trends
50DMA
2.81
Negative
100DMA
4.09
Negative
200DMA
4.21
Negative
Market Momentum
MACD
-0.38
Positive
RSI
25.04
Positive
STOCH
6.24
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NVNI, the sentiment is Negative. The current price of 2.95 is above the 20-day moving average (MA) of 2.41, above the 50-day MA of 2.81, and below the 200-day MA of 4.21, indicating a bearish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 25.04 is Positive, neither overbought nor oversold. The STOCH value of 6.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NVNI.

Nvni Group Risk Analysis

Nvni Group disclosed 1 risk factors in its most recent earnings report. Nvni Group reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Nvni Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$186.88B26.2012.18%0.63%8.41%22.92%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
59
Neutral
$12.78B-0.20%19.21%75.32%
48
Neutral
$303.88M-1.45-17.50%-51.25%
47
Neutral
$1.56B-3.92-46.77%1.84%-27.74%
43
Neutral
$15.35M-0.43
41
Neutral
$7.01M-0.03-518.36%-29.57%97.70%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NVNI
Nvni Group
1.53
-50.67
-97.07%
CRM
Salesforce
199.44
-129.22
-39.32%
HUBS
HubSpot
243.93
-534.12
-68.65%
VERI
Veritone
3.31
0.08
2.48%
AI
C3ai
11.11
-22.54
-66.98%
JTAI
JetAI
0.15
-2.40
-93.96%

Nvni Group Corporate Events

Nvni Group Faces Nasdaq Compliance Deadline After Market Value Shortfall
Feb 3, 2026

On January 28, 2026, Nvni Group Limited received a notice from Nasdaq that it had failed to maintain the required minimum market value of listed securities of $35 million over the 30 consecutive business days from December 12, 2025 through January 27, 2026, putting the company out of compliance with Nasdaq Listing Rule 5550(b)(2). Nasdaq has granted Nvni until July 27, 2026 to restore compliance by sustaining a market value of at least $35 million for ten consecutive business days; during this period its shares will continue to trade under the NVNI ticker, while the company monitors its valuation and evaluates options to avoid a potential delisting that could affect investor liquidity and its capital markets standing.

The most recent analyst rating on (NVNI) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nvni Group Adjusts Note Redemption Schedule and Adds Performance Schedules in January 2026 Amendment
Jan 29, 2026

On January 28, 2026, Nvni Group Limited executed an omnibus amendment with its institutional investor to modify the terms of both its senior secured note and senior secured convertible note issued in December 2025, which themselves followed an unsecured note financing completed in August 2025. The amendment resets the Monthly Redemption Date for these notes to begin on February 9, 2026 and recur on the first business day of each month until full redemption, and it formally appends detailed schedules covering projected quarterly revenue, EBITDA and free cash flow through March 2027, tightening the framework for ongoing redemptions and performance monitoring for noteholders.

The most recent analyst rating on (NVNI) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nuvini Cuts Earnout Liabilities by 34%, Strengthens Balance Sheet for Near-Term Financing and M&A
Dec 23, 2025

On December 22–23, 2025, Nuvini Group Limited announced it had renegotiated earnout contingent liabilities owed to founders of previously acquired portfolio companies, achieving a 34% reduction and more than $18 million in savings. The restructuring, valid for a 90-day window, materially improves Nuvini’s pro forma debt-to-EBITDA ratio and capital structure, strengthening its balance sheet ahead of a planned private credit financing intended to refinance existing obligations and support ongoing mergers and acquisitions; the company also confirmed it remains on track to close the previously announced acquisition of MK Solutions, underscoring its continued focus on an active M&A pipeline and inorganic growth strategy.

The most recent analyst rating on (NVNI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nuvini Group CEO Invests $6 Million in Strategic Growth
Dec 10, 2025

On December 5, 2025, Nuvini Group Limited announced that its Founder and CEO, Pierre Schurmann, has committed $6 million of personal capital to the company through a direct private placement of equity securities. This investment, made at a significant premium to the market price, underscores strong insider confidence and aligns management’s interests with shareholders. The proceeds will be used for debt repayment and to support Nuvini’s acquisition strategy, which includes a robust pipeline of high-quality targets. This move follows other strategic initiatives in 2025, such as the launch of NuviniAI Lab and maintaining NASDAQ compliance, positioning the company for significant growth.

The most recent analyst rating on (NVNI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nvni Group Announces Director Resignation
Dec 4, 2025

On December 2, 2025, Scott Klossner resigned as a director of Nvni Group Limited, a company based in the Cayman Islands. His resignation was not due to any disagreements with the company’s operations, policies, or practices. This change in the board of directors is not expected to impact the company’s operations or its management strategy.

The most recent analyst rating on (NVNI) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nuvini Group Appoints Phoebe Wang to Board, Enhancing AI Strategy
Nov 18, 2025

On November 17, 2025, Nuvini Group Limited announced the appointment of Phoebe Wang to its Board of Directors, effective November 14, 2025. Wang, an experienced AI and enterprise technology investor, is expected to bolster Nuvini’s AI-driven growth strategy and cloud innovation efforts. Her appointment follows a recent partnership with Oracle, highlighting Nuvini’s commitment to integrating advanced AI and cloud capabilities across its portfolio, thus strengthening its position in the SaaS industry.

The most recent analyst rating on (NVNI) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

Nuvini Group Releases Capital Markets Update with Strategic Growth Plans
Nov 7, 2025

On November 5, 2025, Nuvini Group Limited announced the release of its Capital Markets Update and management transcript. The update highlights the company’s transition to USD financial reporting for better transparency, increased management ownership, disciplined capital allocation, and the use of AI to enhance operational efficiency. Nuvini aims for significant growth with targets of 35–45% EBITDA margins and over $100 million in EBITDA within five years, leveraging its scalable platform and strategic acquisitions.

The most recent analyst rating on (NVNI) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Nvni Group stock, see the NVNI Stock Forecast page.

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: Jan 28, 2026