Eightco Holdings Inc. (ORBS)
NASDAQ:ORBS
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Eightco Holdings
(NASDAQ:ORBS)
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Rating:46Neutral
Price Target:
$0.88
â–¼(-64.58% Downside)
Action:Reiterated
Date:05/22/26
The score is held down primarily by severe TTM losses and ongoing cash burn, despite currently low leverage. Technicals remain broadly bearish with a negative MACD and price below key longer-term moving averages. Corporate events are a partial positive due to sizable treasury/funding and AI/crypto positioning, but concentration and volatility risks limit the uplift.
Positive Factors
Large Treasury & Liquidity
A sizable, liquid treasury (cash/stablecoins plus liquid crypto) provides persistent runway and optionality. Over a multi-month horizon this reduces immediate solvency pressure, enables opportunistic investments or asset monetization, and gives management time to address operating shortfalls.
Negative Factors
Persistent Cash Burn
Sustained negative operating and free cash flow erode liquidity over time and force reliance on financing or asset sales. Unless operating cash generation improves materially, the company faces heightened dilution or disposals risk, stressing execution over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Large Treasury & Liquidity
A sizable, liquid treasury (cash/stablecoins plus liquid crypto) provides persistent runway and optionality. Over a multi-month horizon this reduces immediate solvency pressure, enables opportunistic investments or asset monetization, and gives management time to address operating shortfalls.
Read all positive factors
Eightco Holdings (ORBS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$349.25M
Dividend YieldN/A
Average Volume (3M)18.82M
Price to Earnings (P/E)―
Beta (1Y)4.49
Revenue Growth-23.27%
EPS Growth-126.22%
CountryUS
Employees23
SectorConsumer Cyclical
Sector Strength84
IndustryTechnology Distributors
Share Statistics
EPS (TTM)-2.41
Shares Outstanding388,011,540
10 Day Avg. Volume18,793,183
30 Day Avg. Volume18,815,979
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.47
Price to Sales (P/S)3.32
P/FCF Ratio-9.97
Enterprise Value/Market Cap0.52
Enterprise Value/Revenue5.92
Enterprise Value/Gross Profit-2.85K
Enterprise Value/Ebitda-0.64
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Eightco Holdings Business Overview & Revenue Model
Company Description
Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. Recently, the company shifted its focus towards implementing the Worldcoin treasury strategy, aiming to advance the AI revol...
How the Company Makes Money
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Eightco Holdings Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
45
Neutral
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.63M | 32.98M | 39.62M | 67.57M | 31.82M | 7.87M |
| Gross Profit | -63.67K | 534.33K | 5.98M | 6.26M | 2.19M | 2.19M |
| EBITDA | -283.92M | -255.67M | 7.90M | -54.46M | -39.80M | -290.53K |
| Net Income | -335.60M | -262.01M | 708.54K | -68.32M | -47.26M | 28.78K |
Balance Sheet | ||||||
| Total Assets | 340.63M | 250.19M | 50.85M | 55.41M | 58.60M | 13.98M |
| Cash, Cash Equivalents and Short-Term Investments | 40.09M | 58.50M | 239.19K | 5.25M | 5.58M | 911.19K |
| Total Debt | 8.72M | 8.15M | 31.40M | 36.90M | 34.58M | 4.23M |
| Total Liabilities | 18.30M | 17.98M | 39.33M | 59.76M | 52.79M | 11.81M |
| Stockholders Equity | 322.74M | 232.63M | 11.93M | -3.93M | 6.13M | 2.30M |
Cash Flow | ||||||
| Free Cash Flow | -16.67M | -10.98M | -6.64M | -6.76M | -16.98M | -711.31K |
| Operating Cash Flow | -16.66M | -10.97M | -6.64M | -6.40M | -16.72M | -197.16K |
| Investing Cash Flow | -587.70M | -378.73M | -70.10K | -295.15K | 468.42K | -3.71M |
| Financing Cash Flow | 611.47M | 447.97M | 1.70M | 6.36M | 20.92M | 4.64M |
Eightco Holdings Technical Analysis
Positive
2.49
Price Trends
0.92
Negative
1.16
Negative
3.63
Negative
Market Momentum
-0.03
Negative
51.59
Neutral
25.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ORBS, the sentiment is Positive. The current price of 2.49 is above the 20-day moving average (MA) of 0.84, above the 50-day MA of 0.92, and below the 200-day MA of 3.63, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 51.59 is Neutral, neither overbought nor oversold. The STOCH value of 25.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ORBS.
Eightco Holdings Risk Analysis
Eightco Holdings disclosed 58 risk factors in its most recent earnings report. Eightco Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
As a minority investor, we have limited information rights and little or no governance control with respect to the issuers of our strategic investments, and we depend on the management teams of our portfolio companies. Q1, 2026
2.
Certain of our strategic investments are held through special purpose vehicles or similar pooled investment structures, which subject us to additional risks beyond those of the underlying portfolio company. Q1, 2026
3.
A substantial portion of our balance sheet is invested in illiquid digital assets and strategic equity investments, which may limit our ability to fund operations or respond to adverse developments without additional financing. Q1, 2026
Eightco Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $1.63B | 21.38 | 9.67% | 1.02% | 0.78% | 3.87% | |
72 Outperform | $379.01M | 27.07 | 18.67% | 0.63% | 36.31% | 7.03% | |
69 Neutral | $875.99M | 11.45 | 8.07% | ― | 3.76% | 18.30% | |
64 Neutral | $2.78B | 17.19 | 11.17% | ― | -1.83% | -2.39% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $6.95B | 12.98 | 4.33% | 2.77% | 12.68% | -27.94% | |
46 Neutral | $349.25M | ― | -148.65% | ― | -23.27% | -126.22% |
* Consumer Cyclical Sector Average
ORBS
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Eightco Holdings Corporate Events
Business Operations and StrategyFinancial Disclosures
Eightco Highlights AI, Crypto and Digital Identity Treasury Assets
Positive
May 21, 2026
On May 21, 2026, Eightco Holdings reported that as of May 20 its treasury totaled approximately $337 million, spanning indirect OpenAI equity, stakes in Beast Industries and Mythical Games, more than 11,000 ETH, about 283 million WLD tokens and ro...
Business Operations and StrategyFinancial Disclosures
Eightco Highlights AI, Crypto and Digital Identity Holdings
Positive
May 13, 2026
On May 13, 2026, Eightco Holdings reported that as of May 12, 2026, its treasury totaled approximately $340 million, including indirect OpenAI equity valued at $90 million, an $18 million stake in Beast Industries, a smaller investment in Mythical...
Business Operations and StrategyFinancial Disclosures
Eightco Highlights AI and Worldcoin-Focused Treasury Portfolio
Positive
May 6, 2026
On May 6, 2026, Eightco Holdings reported that as of May 5 its treasury totaled roughly $333 million, anchored by indirect OpenAI equity, a sizable stake in Beast Industries and Mythical Games, more than 11,000 ETH, approximately 283 million World...
Business Operations and Strategy
Eightco Expands Strategic Asset and Investment Advisory Agreement
Positive
May 1, 2026
On May 1, 2026, Eightco Holdings Inc. entered into an Amended and Restated Consulting Agreement with Worldcoin Tower LLC, replacing a prior agreement from September 9, 2025, to continue advising on the company’s digital asset treasury strate...
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Eightco Highlights AI-Focused Treasury and Governance Enhancements
Positive
Apr 28, 2026
Eightco Holdings has detailed the composition of its treasury as of April 27, 2026, reporting approximately $333 million in assets that include indirect OpenAI equity valued at $90 million, a $25 million commitment to Beast Industries, a $1 millio...
Business Operations and StrategyFinancial Disclosures
Eightco Highlights Growing Treasury, AI and Worldcoin Holdings
Positive
Apr 21, 2026
Eightco Holdings reported that as of April 20, 2026, its treasury totaled approximately $336 million, including $90 million of OpenAI equity, $25 million of Beast Industries equity, more than 283 million Worldcoin tokens, 11,068 Ethereum coins and...
Business Operations and StrategyFinancial Disclosures
Eightco Reveals AI-Focused Treasury and Major Worldcoin Stake
Positive
Apr 16, 2026
On April 16, 2026, Eightco Holdings detailed its treasury composition and strategic positions ahead of the April 17 World Lift Off event, underscoring its holding of 277 million Worldcoin (WLD) tokens, about 9% of circulating supply and the larges...
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Eightco Highlights AI and Crypto Treasury Concentration Strategy
Positive
Apr 7, 2026
On April 7, 2026, Eightco Holdings Inc. reported that as of April 6 its total holdings stood at roughly $321 million, including 277.2 million Worldcoin tokens, 11,068 Ether, a $90 million stake in OpenAI, a $25 million investment in Beast Industri...
Business Operations and StrategyFinancial Disclosures
Eightco Highlights Expansive AI and Crypto Treasury Holdings
Positive
Mar 31, 2026
On March 31, 2026, Eightco Holdings Inc. reported that as of March 30, 2026, it held approximately $326 million in total assets, spanning major digital tokens and private tech stakes. The portfolio includes 277,222,975 Worldcoin valued at $0.28 pe...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Eightco Boosts OpenAI Stake, Secures New Strategic Backing
Positive
Mar 20, 2026
On March 20, 2026, Eightco Holdings, through an indirect wholly owned subsidiary, made an additional strategic investment of about $40–42 million to acquire indirect beneficial interests in OpenAI preferred stock, bringing its total OpenAI c...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Eightco Secures Major Funding to Drive AI and Crypto Expansion
Positive
Mar 12, 2026
On March 12, 2026, Eightco Holdings announced it had secured $125 million in new institutional funding commitments, led by $75 million from Bitmine, with additional commitments of at least $25 million each from ARK Investment Management and Kraken...
Business Operations and StrategyFinancial Disclosures
Eightco Highlights Major Worldcoin Holdings, AI Identity Focus
Positive
Mar 6, 2026
On March 6, 2026, Eightco Holdings Inc. reported that as of March 5 it held 277,222,975 Worldcoin (WLD) tokens, 11,068 ether (ETH) and $82 million in cash, giving it nearly 10% of WLD’s circulating supply. This concentration makes Eightco th...
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.