Eightco Holdings (OCTO) AI Stock Analysis

• Market Cap: $3.53M
• Dividend Yield: N/A
• Average Volume (3M): 34.80K
• Price to Earnings (P/E): 1.8
• Beta (1Y): 2.40
• Revenue Growth: -42.17%
• EPS Growth: 96.10%
• Country: US
• Employees: 23
• Sector: Consumer Cyclical
• Sector Strength: 58
• Industry: Packaging & Containers
• EPS (TTM): N/A
• Shares Outstanding: 3,044,744
• 10 Day Avg. Volume: 17,426
• 30 Day Avg. Volume: 34,795
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.18
• Enterprise Value/Market Cap: 9.08
• Enterprise Value/Revenue: 0.18
• Enterprise Value/Gross Profit: 6.52
• Enterprise Value/Ebitda: 3.60
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: $1.00 ▼(-13.79%Downside)

The overall stock score reflects significant financial challenges, including negative earnings and cash flow issues, compounded by bearish technical indicators. The reduction in liabilities is a positive step, but not sufficient to offset other weaknesses.

Eightco Holdings Business Overview & Revenue Model

Company Description

Eightco 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 Money

Eightco Holdings generates revenue through a combination of product sales, subscription services, and strategic partnerships. The company offers technology products that are sold directly to consumers and businesses, creating a steady stream of revenue from product sales. Additionally, Eightco Holdings provides subscription-based services that offer continuous value to clients, ensuring a recurring revenue model. Strategic partnerships and collaborations with other firms enhance the company's market reach and provide additional revenue streams through shared ventures and collaborative projects. Key factors contributing to its earnings include its ability to innovate in technology and maintain strong relationships with partners and customers.

Eightco Holdings Financial Statement Overview

Summary

The company's financial performance is weak with declining profitability, negative net and EBIT margins, and negative free cash flow. The high leverage and financial instability further exacerbate the risk, indicating significant financial challenges.

Income Statement

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

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

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.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
39.92M	39.62M	75.30M	31.82M	7.87M	6.72M
	Gross Profit
4.91M	5.98M	8.49M	2.19M	2.19M	2.03M
	EBIT
-7.86M	-8.19M	-9.98M	-15.51M	-1.20M	-290.67K
	EBITDA
6.21M	7.90M	-53.72M	-39.80M	-290.53K	-290.67K
	Net Income Common Stockholders
-3.78M	154.47K	-68.32M	-47.26M	-1.21M	-402.97K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
434.43K	239.19K	5.25M	5.58M	911.19K	176.76K
	Total Assets
47.63M	50.85M	55.41M	58.60M	13.98M	2.92M
	Total Debt
36.97M	31.40M	36.90M	34.58M	4.23M	410.47K
	Net Debt
36.54M	31.16M	31.65M	29.00M	3.31M	233.71K
	Total Liabilities
38.34M	39.33M	59.76M	52.79M	11.81M	651.88K
	Stockholders Equity
9.30M	11.93M	-3.93M	6.13M	2.30M	2.27M
Cash Flow		Free Cash Flow
-4.91M	-6.64M	-6.76M	-16.98M	-1.06M	-83.40K
	Operating Cash Flow
-4.91M	-6.64M	-6.40M	-16.72M	-549.98K	193.07K
	Investing Cash Flow
-114.75K	-70.10K	-295.15K	468.42K	-4.00M	-276.48K
	Financing Cash Flow
4.65M	1.70M	6.36M	20.92M	4.62M	181.46K

Eightco Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 1.16 is below the 20-day moving average (MA) of 1.32, below the 50-day MA of 1.25, and below the 200-day MA of 1.63, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.58 is Neutral, neither overbought nor oversold. The STOCH value of 30.34 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
KRT	71 Outperform	$530.82M	17.63	19.64%	6.81%	6.21%	1.47%
MYE	68 Neutral	$548.40M	52.41	3.69%	3.68%	3.92%	-73.64%
Sector *	62 Neutral	$6.82B	11.05	2.80%	4.32%	2.67%	-24.92%
PACK	54 Neutral	$293.13M	―	-3.89%	―	10.11%	6.77%
YHGJ	44 Neutral	$19.01M	―	-17.01%	―	1.21%	-3.80%
OCTO	40 Underperform	$3.53M	1.80	-63.50%	―	-42.17%	96.10%
DSS		$8.82M	―	-122.51%	―	―	―

Eightco Holdings Corporate Events

Eightco Holdings Reduces Liabilities Through Settlement Agreements

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.