Pitney Bowes (PBI) AI Stock Analysis

• Market Cap: $1.57B
• Dividend Yield: 3.05%
• Average Volume (3M): 3.23M
• Price to Earnings (P/E): 22.7
• 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: 2,742,403
• 30 Day Avg. Volume: 3,225,365
• 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: 2.44
• Enterprise Value/Revenue: 1.99
• Enterprise Value/Gross Profit: 3.69
• Enterprise Value/Ebitda: 11.85
• 1Y Price Target: $11.22
• Price Target Upside: 14.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 1.28
• Revenue Forecast (FY): $1.90B

• Rating: 52 Neutral
• Price Target: $10.00 ▲(1.63% Upside)

Pitney Bowes' overall stock score reflects significant financial challenges, particularly in terms of high leverage and declining revenues. However, improvements in cash flow and strategic corporate changes provide some optimism. The technical analysis indicates mixed signals, while the valuation suggests potential overvaluation. The earnings call and corporate events highlight strategic efforts to address these issues, but immediate financial results remain impacted.

Positive Factors

SaaS Business Growth

The strong growth in the SaaS segment demonstrates Pitney Bowes' ability to innovate and adapt to digital trends, providing a durable revenue stream.

Cash Flow Management

Strong cash flow management indicates the company's ability to sustain operations and invest in growth, despite profitability challenges.

Share Repurchase Program

The aggressive share repurchase program reflects confidence in the company's future prospects and enhances shareholder value over the long term.

Negative Factors

Revenue Decline

The declining revenue trend poses a challenge to long-term growth, indicating potential issues in market competitiveness or product demand.

High Leverage

High leverage and negative equity position limit financial flexibility and pose risks to long-term financial stability.

Management Changes

Frequent management changes can disrupt strategic continuity and raise concerns about leadership stability, impacting long-term execution.

Pitney Bowes Business Overview & Revenue Model

Company Description

Pitney Bowes Inc. (PBI) is a global technology company that provides innovative solutions in the areas of shipping and mailing, data management, and customer engagement. Established in 1920, the company operates primarily in the mail and shipping sector, offering a range of products and services including postage meters, shipping software, and cloud-based solutions. Pitney Bowes serves businesses of all sizes, helping them streamline their mailing and shipping processes while enhancing their customer communications through data-driven insights.

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: Neutral
• Last Price: 9.84
• 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 PBI, the sentiment is Neutral. The current price of 9.84 is above the 20-day moving average (MA) of 9.56, below the 50-day MA of 10.32, and below the 200-day MA of 10.24, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 49.32 is Neutral, neither overbought nor oversold. The STOCH value of 58.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PBI.

Pitney Bowes Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FDX	75 Outperform	$64.72B	16.03	14.98%	2.05%	1.14%	4.99%
UPS	72 Outperform	$80.49B	14.66	33.67%	6.87%	-1.25%	-2.25%
EXPD	71 Outperform	$20.30B	24.66	36.47%	1.04%	12.54%	19.59%
LSTR	67 Neutral	$4.88B	36.28	14.41%	2.56%	-0.74%	-32.79%
JBHT	67 Neutral	$17.94B	32.61	15.13%	0.93%	-1.60%	4.87%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PBI	52 Neutral	$1.57B	22.72	―	3.05%	-35.52%	―

Pitney Bowes Corporate Events

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.

Pitney Bowes Appoints Brent Rosenthal as Board Chair

On October 3, 2025, Pitney Bowes announced the election of Brent Rosenthal as the new independent Chair of its Board of Directors, succeeding Milena Alberti-Perez. Alberti-Perez, who played a significant role in the company’s successful turnaround since joining the Board in 2023, stepped down to pursue opportunities in the media sector. Rosenthal, with over 30 years of experience in technology, media, and telecom industries, is expected to continue driving growth and transformation at Pitney Bowes, which is now positioned for long-term success.

Pitney Bowes Appoints New Leadership Amid Strategic Review

On September 11, 2025, Pitney Bowes announced significant leadership changes, appointing Wayne Walker as a new director and Todd Everett as the Executive Vice President and President of Sending Technology Solutions. These appointments are part of a strategic review aimed at enhancing the company’s operational efficiency and growth potential. Wayne Walker brings extensive experience in corporate governance and restructuring, while Todd Everett, with a strong background in logistics and shipping technology, is expected to drive profitable growth for SendTech. The company also announced an interim leadership structure for its Global Financial Services to maximize value, signaling a proactive approach to strategic evaluation and stakeholder value enhancement.