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Eightco Holdings (OCTO)
NASDAQ:OCTO
US Market
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Eightco Holdings (OCTO) AI Stock Analysis

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OCTO

Eightco Holdings

(NASDAQ:OCTO)

Rating:47Neutral
Price Target:
$1.50
▼(-4.46% Downside)
The overall stock score is primarily impacted by the company's weak financial performance and concerning valuation. While technical indicators show some positive momentum, the financial challenges and negative earnings weigh heavily. The reduction in liabilities through settlement agreements is a positive development, but more strategic improvements are needed for a stronger outlook.

Eightco Holdings (OCTO) vs. SPDR S&P 500 ETF (SPY)

Eightco Holdings Business Overview & Revenue Model

Company DescriptionEightco Holdings Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.
How the Company Makes MoneyEightco Holdings generates revenue through a variety of streams. The company offers a suite of technology-driven services and products that cater to businesses seeking to enhance operational efficiency and financial performance. Key revenue streams include subscription-based software services, consultancy fees, and the sale of proprietary technology solutions. Additionally, Eightco Holdings may engage in strategic partnerships with other firms to expand its market reach and enhance its service offerings, contributing to its earnings. The company focuses on building long-term relationships with its clients, which helps ensure a steady flow of recurring revenue.

Eightco Holdings Financial Statement Overview

Summary
Eightco Holdings is facing significant financial challenges, with declining profitability, high leverage, and negative cash flows. The income statement shows negative net and EBIT margins, while the balance sheet reveals a high debt-to-equity ratio and low equity ratio. Cash flow analysis indicates inefficiencies and reliance on external financing.
Income Statement
40
Negative
The company's income statement shows declining profitability with negative net and EBIT margins in the TTM period. Revenue has slightly increased by about 0.74% from the previous year, but the company's gross profit margin has decreased. Overall, the company is struggling with negative earnings, which poses a challenge to its financial performance.
Balance Sheet
50
Neutral
The balance sheet is concerning, with a high debt-to-equity ratio and negative equity in some periods. The equity ratio is low, indicating limited financial stability and high leverage. However, there is a slight improvement in stockholders' equity from a negative position in 2023. This high leverage poses a risk to the company's financial health.
Cash Flow
35
Negative
Cash flow analysis reveals a negative free cash flow trend, with operating cash flow significantly lower than net income. The free cash flow to net income ratio is negative, indicating inefficiencies in cash management and operational performance. Financing cash flow is supporting operations, but reliance on external financing is risky.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue39.92M39.62M75.30M31.82M7.87M6.72M
Gross Profit4.91M5.98M8.49M2.19M2.19M2.03M
EBITDA6.21M7.90M-53.72M-39.80M-290.53K365.19K
Net Income-3.78M154.47K-68.32M-47.26M28.78K-402.97K
Balance Sheet
Total Assets47.63M50.85M55.41M58.60M13.98M2.92M
Cash, Cash Equivalents and Short-Term Investments434.43K239.19K5.25M5.58M911.19K176.76K
Total Debt36.97M31.40M36.90M34.58M4.23M410.47K
Total Liabilities38.34M39.33M59.76M52.79M11.81M651.88K
Stockholders Equity9.30M11.93M-3.93M6.13M2.30M2.27M
Cash Flow
Free Cash Flow-4.91M-6.64M-6.52M-16.98M-1.06M-83.40K
Operating Cash Flow-4.91M-6.64M-6.40M-16.72M-549.98K193.07K
Investing Cash Flow-114.75K-70.10K-295.15K468.42K-4.00M-276.48K
Financing Cash Flow4.65M1.70M6.36M20.92M4.62M181.46K

Eightco Holdings Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.57
Price Trends
50DMA
1.41
Positive
100DMA
1.33
Positive
200DMA
1.46
Positive
Market Momentum
MACD
0.02
Positive
RSI
53.76
Neutral
STOCH
69.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OCTO, the sentiment is Positive. The current price of 1.57 is above the 20-day moving average (MA) of 1.51, above the 50-day MA of 1.41, and above the 200-day MA of 1.46, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 69.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OCTO.

Eightco Holdings Risk Analysis

Eightco Holdings disclosed 1 risk factors in its most recent earnings report. Eightco Holdings 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

Eightco Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
$511.36M15.8720.44%6.91%7.99%13.05%
64
Neutral
$628.48M63.683.43%3.21%1.11%-74.94%
61
Neutral
$17.78B13.97-5.40%3.03%1.50%-15.71%
54
Neutral
$469.89M-6.24%10.38%-123.75%
48
Neutral
$14.71M-9.89%5.70%35.14%
47
Neutral
$4.58M1.80-87.24%-27.06%42.98%
$13.73M-127.25%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
OCTO
Eightco Holdings
1.57
-0.23
-12.78%
YHGJ
Yunhong Green CTI
0.64
-0.42
-39.62%
DSS
DSS
1.29
0.01
0.78%
MYE
Myers Industries
16.80
2.13
14.52%
PACK
Ranpak Holdings
5.16
-1.93
-27.22%
KRT
Karat Packaging Inc
25.64
1.80
7.55%

Eightco Holdings Corporate Events

Executive/Board Changes
Eightco Holdings Appoints Kevin O’Donnell as Interim CEO
Neutral
Aug 19, 2025

On August 13, 2025, Eightco Holdings Inc. appointed Kevin O’Donnell as interim Chief Executive Officer, following the temporary leave of absence of current CEO Paul Vassilakos due to a non-life-threatening medical condition. O’Donnell, who has a rich history with the company and extensive experience in investment and management across various industries, is expected to lead the company until Vassilakos’s anticipated return by the end of the third quarter.

Legal ProceedingsBusiness Operations and Strategy
Eightco Holdings Reduces Liabilities Through Settlement Agreements
Positive
Jun 5, 2025

On May 30, 2025, June 2, 2025, and June 5, 2025, Eightco Holdings Inc. entered into settlement agreements with several third parties, including current and former officers and directors, to resolve certain liabilities. The agreements resulted in a reduction of the company’s liabilities from over $2.2 million to approximately $1.1 million, with the company agreeing to pay the remaining amount over the next eight months.

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: Aug 23, 2025