Eightco Holdings (OCTO) AI Stock Analysis

• Market Cap: $2.76M
• Dividend Yield: N/A
• Average Volume (3M): 31.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.54
• Revenue Growth: -47.46%
• EPS Growth: 98.67%
• Country: US
• Employees: 22
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Packaging & Containers
• EPS (TTM): -4.75
• Shares Outstanding: 2,441,363
• 10 Day Avg. Volume: 13,932
• 30 Day Avg. Volume: 31,524
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.07
• Price to Cash Flow (P/CF): 8.90
• P/FCF Ratio: 0.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Eightco Holdings' overall stock score is driven by significant financial challenges, as indicated by weak income, balance sheet, and cash flow positions. Positive market momentum offers some potential for price appreciation, though the poor valuation metrics and lack of earnings call insights constrain the score.

Eightco Holdings Business Overview & Revenue Model

Company Description

Eightco Holdings (OCTO) is a diversified company operating in several sectors including technology, finance, and consumer services. The company is committed to leveraging innovative solutions to drive growth and deliver value across its portfolio. Its core products and services are designed to meet the evolving needs of its customers in a rapidly changing market landscape.

How the Company Makes Money

Eightco Holdings generates revenue through a combination of product sales, service fees, and strategic partnerships. The company capitalizes on its technological and financial expertise to offer solutions that address specific market demands. Revenue streams include subscription services, licensing agreements, and direct sales to consumers and businesses. Additionally, Eightco Holdings collaborates with other industry players to expand its reach and enhance its service offerings, contributing significantly to its earnings.

Eightco Holdings Financial Statement Overview

Summary

Eightco Holdings faces significant financial challenges with declining revenue and negative EBIT and EBITDA in the TTM. While there is a marginal net profit, high leverage and negative cash flows pose financial instability risks.

Income Statement

The income statement shows a declining trend in revenue over the TTM period compared to the previous year, with a significant negative EBIT and EBITDA indicating operational challenges. However, the company managed to achieve a marginal net profit in the TTM, showing some signs of improvement.

Balance Sheet

The balance sheet reveals a high level of leverage with a debt-to-equity ratio that suggests potential financial risk. Although stockholders' equity is positive in the TTM, it has been negative in recent years, pointing towards a volatile financial position. The equity ratio remains low, further indicating reliance on debt financing.

Cash Flow

The cash flow statement shows negative free cash flow in the TTM, but there is a slight improvement compared to previous periods. Operating cash flow remains negative, suggesting ongoing operational inefficiencies. The free cash flow to net income ratio is problematic due to negative values in past years.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
15.18M	75.30M	31.82M	7.87M	6.72M	5.83M
	Gross Profit
2.46M	8.49M	2.19M	2.19M	2.03M	1.62M
	EBIT
-5.18M	-9.98M	-15.51M	-1.20M	-290.67K	-122.10K
	EBITDA
-5.40M	-53.72M	-39.80M	-290.53K	-290.67K	-8.82K
	Net Income Common Stockholders
-4.28M	-68.32M	-47.26M	-1.21M	-402.97K	-40.42K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
78.70K	5.25M	5.58M	66.58K	176.76K	78.70K
	Total Assets
0.00	55.41M	58.60M	11.10M	2.92M	2.78M
	Total Debt
0.00	36.90M	34.58M	4.62M	410.47K	513.42K
	Net Debt
78.70K	31.65M	29.00M	4.55M	233.71K	434.72K
	Total Liabilities
0.00	59.76M	52.79M	11.74M	651.88K	700.29K
	Stockholders Equity
2.08M	-3.93M	6.13M	-514.37K	2.27M	2.08M
Cash Flow		Free Cash Flow
-6.38M	-6.88M	-16.98M	-1.06M	-83.40K	76.82K
	Operating Cash Flow
-5.85M	-6.40M	-16.72M	-549.98K	193.07K	122.06K
	Investing Cash Flow
-3.24M	-295.15K	468.42K	-4.00M	-276.48K	-45.23K
	Financing Cash Flow
48.65M	6.36M	20.92M	4.62M	181.46K	-983.83K

Eightco Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OCTO, the sentiment is Negative. The current price of 1.06 is below the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.40, and below the 200-day MA of 1.81, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 38.41 is Neutral, neither overbought nor oversold. The STOCH value of 25.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OCTO.

Eightco Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PYPL	74 Outperform	$57.74B	14.60	20.00%	―	7.10%	4.45%
AMZN	73 Outperform	$1.81T	30.97	24.29%	―	10.99%	91.61%
EBAY	73 Outperform	$30.92B	16.83	34.29%	1.76%	2.79%	-23.30%
XYZ	73 Outperform	$31.14B	11.04	14.50%	―	10.06%	38060.98%
SHOP	72 Outperform	C$141.68B	50.69	19.58%	―	27.85%	1400.97%
Sector *	59 Neutral	$11.22B	10.13	-1.22%	3.96%	1.32%	-18.57%
OCTO	47 Neutral	$2.76M	―	-36.66%	―	-47.46%	98.67%