Pitney Bowes (PBI) AI Stock Analysis

• Market Cap: $1.64B
• Dividend Yield: 2.82%
• Average Volume (3M): 2.34M
• Price to Earnings (P/E): 24.3
• Beta (1Y): 1.35
• Revenue Growth: -35.52%
• EPS Growth: N/A
• Country: US
• Employees: 7,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.31
• Shares Outstanding: 160,918,170
• 10 Day Avg. Volume: 1,738,757
• 30 Day Avg. Volume: 2,342,459
• PEG Ratio: 0.13
• Price to Book (P/B): -2.25
• Price to Sales (P/S): 0.64
• P/FCF Ratio: 8.29
• Enterprise Value/Market Cap: 2.34
• Enterprise Value/Revenue: 1.99
• Enterprise Value/Gross Profit: 3.69
• Enterprise Value/Ebitda: 11.85
• 1Y Price Target: $11.14
• Price Target Upside: 6.40% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: $10.50 ▲(0.29% Upside)

The score is held back primarily by weak financial performance—declining revenue, negative profitability, and balance-sheet risk from negative equity and high leverage. Technicals provide some near-term support with positive momentum indicators, while valuation is only moderately attractive given the earnings quality and growth profile. Earnings-call commentary was mixed (low-end guidance but credible cost actions and buybacks), and corporate events marginally improve the outlook via debt retirement.

Positive Factors

Cash Flow Improvement

Improved cash flow generation enhances Pitney Bowes' ability to fund operations and strategic initiatives, supporting long-term stability.

Cost Reduction Initiative

Cost reductions are expected to enhance profitability and operational efficiency, positioning the company for improved financial performance.

Debt Management

Reducing long-term debt obligations improves capital structure flexibility, reducing financial risk and interest expenses over time.

Negative Factors

Declining Revenue

A declining revenue trend indicates challenges in market demand or competitive positioning, potentially impacting long-term growth prospects.

High Leverage

High leverage increases financial risk and limits flexibility, potentially affecting the company's ability to invest in growth opportunities.

Negative Profitability

Negative profitability indicates challenges in cost management and pricing power, which can hinder long-term financial health and investment capacity.

Pitney Bowes Business Overview & Revenue Model

Company Description

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States, Canada, and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, and bound and packet mail for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, financing, services, supplies, and other applications for sending, tracking and receiving of letters, parcels, and flats. Pitney Bowes Inc. markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was founded in 1920 and is headquartered in Stamford, Connecticut.

How the Company Makes Money

Pitney Bowes generates revenue through several key streams, primarily from its shipping and mailing solutions, which include both hardware and software offerings. The company sells postage meters and shipping equipment, which are often accompanied by service agreements, creating a recurring revenue model. Additionally, Pitney Bowes earns revenue from its software solutions that assist businesses in managing their shipping logistics and customer data analytics. The company also has significant partnerships with various carriers and logistics providers, enhancing its service offerings and expanding its market reach. Furthermore, Pitney Bowes benefits from its e-commerce solutions, catering to the growing demand for efficient shipping and fulfillment services in the online retail space.

Pitney Bowes Financial Statement Overview

Summary

Pitney Bowes faces challenges with declining revenues and profitability, high leverage, and negative equity. Improvements in cash flow provide some positive outlook, but the company needs to address its debt levels and improve operational efficiency to enhance financial stability.

Income Statement

Pitney Bowes has shown a declining revenue trend with a negative revenue growth rate of -2.02% in the TTM period. The gross profit margin is relatively stable at 53.57%, but the net profit margin is negative, indicating challenges in converting revenue into profit. The EBIT and EBITDA margins are modest, suggesting operational efficiency issues.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio of -3.77, indicating significant leverage and financial risk. The negative stockholders' equity is concerning, and while the return on equity is positive at 20.36%, it is due to the negative equity base rather than strong performance.

Cash Flow

Pitney Bowes has shown improvement in cash flow with a free cash flow growth rate of 25.17% in the TTM period. The operating cash flow to net income ratio is 0.16, indicating some ability to generate cash from operations, but the free cash flow to net income ratio of 0.75 suggests reliance on cash flow for profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.93B	2.03B	2.08B	3.54B	3.67B	3.55B
Gross Profit	1.04B	1.06B	1.03B	1.08B	1.12B	1.15B
EBITDA	323.38M	182.38M	177.28M	294.23M	251.96M	83.01M
Net Income	74.98M	10.24M	-385.63M	36.94M	3.51M	-190.49M
Balance Sheet
Total Assets	3.26B	3.40B	4.27B	4.74B	4.96B	5.22B
Cash, Cash Equivalents and Short-Term Investments	335.97M	486.10M	622.22M	681.15M	746.92M	940.42M
Total Debt	2.23B	2.05B	2.30B	2.57B	2.56B	2.81B
Total Liabilities	3.92B	3.98B	4.64B	4.68B	4.85B	5.15B
Stockholders Equity	-661.54M	-578.43M	-368.58M	60.65M	112.63M	70.62M
Cash Flow
Free Cash Flow	227.83M	156.77M	-23.41M	51.14M	117.47M	196.99M
Operating Cash Flow	296.04M	229.17M	79.47M	175.98M	301.51M	301.97M
Investing Cash Flow	-93.24M	-49.06M	-122.83M	-24.27M	-155.25M	-75.69M
Financing Cash Flow	-439.82M	-305.45M	-31.27M	-198.08M	-330.37M	-235.37M

Pitney Bowes Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.47
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBI, the sentiment is Positive. The current price of 10.47 is above the 20-day moving average (MA) of 10.41, above the 50-day MA of 9.98, and above the 200-day MA of 10.33, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 55.28 is Neutral, neither overbought nor oversold. The STOCH value of 48.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PBI.

Pitney Bowes Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EXPD	80 Outperform	$21.03B	25.74	36.47%	1.02%	12.54%	19.59%
FDX	79 Outperform	$72.26B	17.05	15.87%	1.94%	3.09%	14.94%
UPS	72 Outperform	$89.43B	16.53	33.67%	6.55%	-1.25%	-2.25%
JBHT	67 Neutral	$19.41B	35.55	15.13%	0.89%	-1.60%	4.87%
LSTR	67 Neutral	$5.11B	38.93	14.41%	2.56%	-0.74%	-32.79%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PBI	51 Neutral	$1.64B	24.35	―	2.82%	-35.52%	―

Pitney Bowes Corporate Events

Pitney Bowes Completes Expanded Cash Tender Offer for Notes

On December 22, 2025, Pitney Bowes announced that its cash tender offers for its 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037 had expired, following an increase in the maximum aggregate principal amount to be purchased from $75 million to $80 million. The offers, which expired on December 19, 2025, resulted in approximately $79.9 million in aggregate principal amount of notes being validly tendered and not withdrawn, allowing the company to accept all tendered notes without proration, effectively retiring a portion of its long-dated debt and refining its capital structure.

The most recent analyst rating on (PBI) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Pitney Bowes stock, see the PBI Stock Forecast page.

Pitney Bowes Announces Cash Tender Offers for Notes

On November 21, 2025, Pitney Bowes announced the commencement of cash tender offers to purchase up to $75 million of its outstanding 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037. The tender offers, which are set to expire on December 19, 2025, allow the company to manage its debt obligations strategically, potentially impacting its financial operations and market position. The company intends to finance these purchases with cash on hand, and the offers are subject to certain conditions and acceptance priority levels.

The most recent analyst rating on (PBI) stock is a Hold with a $9.43 price target. To see the full list of analyst forecasts on Pitney Bowes stock, see the PBI Stock Forecast page.