PSQ Holdings (PSQH) AI Stock Analysis

• Market Cap: $109.75M
• Dividend Yield: N/A
• Average Volume (3M): 544.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.67
• Revenue Growth: 221.24%
• EPS Growth: 13.36%
• Country: US
• Employees: 85
• Sector: Technology
• Sector Strength: 93
• Industry: Software - Application
• EPS (TTM): -0.10
• Shares Outstanding: 42,325,300
• 10 Day Avg. Volume: 637,895
• 30 Day Avg. Volume: 544,196
• PEG Ratio: -0.12
• Price to Book (P/B): 4.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.15
• Enterprise Value/Market Cap: 0.81
• Enterprise Value/Revenue: 1.08
• Enterprise Value/Gross Profit: 3.49
• Enterprise Value/Ebitda: -0.65
• 1Y Price Target: $6.00
• Price Target Upside: 162.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 57 Neutral
• Price Target: $2.50 ▲(9.17%Upside)

PSQ Holdings' overall stock score is driven by its strong revenue growth and strategic positioning evidenced in the earnings call, despite profitability and valuation challenges. The company's proactive measures in fintech innovation and cost management enhance its growth potential, though financial management improvements are necessary for sustained success.

Positive Factors

FinTech Expansion

The FinTech segment is expected to generate 66% of the growth, driving significant revenue increases.

Revenue Growth

Guidance for 2025 was reaffirmed, with total revenue expected to grow more than 100% and operating expenses anticipated to be lower than in 2024.

Strategic Advantage

The company's 'Made-in-America' marketplace pivot and exposure to tariff tailwinds reinforce its brand mission and strategic advantage.

Negative Factors

Cash Decline

Cash, including restricted, declined to $28.3M in 1Q25 from $36.6M in 4Q24.

Revenue Forecast Adjustment

Revenue forecast for 1Q25 was lowered to better account for the cadence of FinTech monetization efforts, indicating potential challenges in achieving initial targets.

Valuation Concerns

Shares are trading at 0.8x EV/sales based on our 2026 forecast vs. the peer median of 1.8x, suggesting a lower valuation relative to peers.

PSQ Holdings Business Overview & Revenue Model

Company Description

PSQ Holdings, Inc. (PSQH) is a company engaged in providing technology-driven solutions and services across various sectors. The company specializes in offering innovative software, data analytics, and digital transformation services that cater to a diverse range of industries, enhancing operational efficiency and business performance.

How the Company Makes Money

PSQ Holdings generates revenue primarily through its portfolio of technology solutions and services. The company earns income by licensing its software products, providing subscription-based services, and offering consulting and implementation services to its clients. Key revenue streams include long-term service contracts, software-as-a-service (SaaS) offerings, and customized technology solutions. Partnerships with other technology firms and industry leaders also play a significant role in expanding PSQH's market reach and enhancing its service offerings, contributing to its overall earnings.

PSQ Holdings Financial Statement Overview

Summary

PSQ Holdings demonstrates strong revenue growth, bolstered by significant EBIT and EBITDA margin improvements. However, persistent losses and negative cash flows emphasize the need for improved operational efficiency. The balance sheet is stable, with low leverage, yet the company must focus on converting revenue growth into profitability.

Income Statement

The company has shown significant revenue growth over the years, particularly with a major jump from 2023 to 2024. However, the net profit margin is negative, indicating consistent losses. The EBIT and EBITDA margins are also negative, reflecting operational challenges. Overall, while revenue growth is promising, profitability remains a concern.

Balance Sheet

The balance sheet shows improvement in stockholders' equity, indicating potential investor confidence. The debt-to-equity ratio is low, suggesting manageable leverage. However, the equity ratio remains moderate, implying that liabilities are a significant portion of total assets. The company appears to be on a stable financial footing but should monitor liabilities closely.

Cash Flow

Operating cash flow is consistently negative, raising concerns about the company's ability to generate cash from operations. The free cash flow is also negative, indicating the company relies on external financing. While financing cash flow is positive, reliance on it could pose risks if external funding becomes less accessible.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	23.20M	5.69M	475.18K	0.00
Gross Profit	20.78M	1.89M	-241.00K	0.00
EBITDA	-52.13M	-30.06M	-6.20M	3.73M
Net Income	-57.69M	-53.33M	-6.98M	3.73M
Balance Sheet
Total Assets	74.89M	25.25M	4.22M	1.02M
Cash, Cash Equivalents and Short-Term Investments	36.32M	16.45M	2.33M	399.40K
Total Debt	32.51M	327.37K	299.04K	0.00
Total Liabilities	48.04M	14.81M	814.25K	155.81K
Stockholders Equity	26.85M	10.43M	3.40M	860.50K
Cash Flow
Free Cash Flow	-34.13M	-29.26M	-7.59M	-973.48K
Operating Cash Flow	-34.13M	-25.76M	-6.03M	-973.48K
Investing Cash Flow	-3.02M	-3.32M	-1.55M	-172.50M
Financing Cash Flow	57.29M	43.20M	9.52M	174.31M

PSQ Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.29
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PSQH, the sentiment is Neutral. The current price of 2.29 is above the 20-day moving average (MA) of 2.20, above the 50-day MA of 2.19, and below the 200-day MA of 2.82, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 52.21 is Neutral, neither overbought nor oversold. The STOCH value of 47.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PSQH.

PSQ Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$34.61B	5.36	-11.67%	1.95%	5.33%	-20.62%
RSSS	59 Neutral	$87.64M	―	-30.88%	―	18.51%	-714.65%
PSQH	57 Neutral	$109.75M	―	-223.65%	―	221.24%	13.36%
LPSN	49 Neutral	$93.01M	―	-137.76%	―	-23.04%	11.60%
UPLD	48 Neutral	$55.54M	―	-208.78%	―	-8.17%	63.63%
ALTS	46 Neutral	$127.77M	―	-41.79%	―	―	87.49%
CSAI	33 Underperform	$32.95M	―	-144.73%	―	―	―

PSQ Holdings Corporate Events

PSQ Holdings Elects New Directors at Annual Meeting

On May 29, 2025, PSQ Holdings, Inc. held its annual meeting of stockholders where two key proposals were presented. The first proposal involved the election of Blake Masters and Dusty Wunderlich as Class II directors until the 2028 annual meeting, both of whom were elected with significant support. The second proposal was the ratification of UHY LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, which was also approved by the stockholders.

The most recent analyst rating on (PSQH) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on PSQ Holdings stock, see the PSQH Stock Forecast page.

PSQ Holdings Explores Digital Asset Treasury Strategy

On May 27, 2025, PSQ Holdings announced its plan to explore a Digital Asset Treasury Strategy as part of its fintech roadmap. This strategy involves potentially allocating a portion of its treasury into digital assets like Bitcoin and stablecoins to diversify reserves and enhance capital efficiency. The company aims to integrate stablecoins into its ecosystem to transform payment systems and boost its fintech offerings. This move positions PublicSquare as a leader in financial innovation, aligning with the growing trend of institutional adoption of digital assets.

The most recent analyst rating on (PSQH) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on PSQ Holdings stock, see the PSQH Stock Forecast page.

PSQ Holdings Announces $50M At-Market Offering

On May 23, 2025, PSQ Holdings, Inc. announced an At the Market Offering Agreement with Roth Capital Partners and Texas Capital Securities, allowing the company to sell shares of its Class A common stock up to $50 million. This strategic move is expected to provide financial flexibility and support the company’s growth initiatives. Additionally, the company appointed James Rinn as Chief Financial Officer, effective June 1, 2025, succeeding Brad Searle. Rinn brings over 30 years of financial leadership experience, which is anticipated to strengthen the company’s financial management and strategic positioning.

The most recent analyst rating on (PSQH) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on PSQ Holdings stock, see the PSQH Stock Forecast page.

PublicSquare Reports 95% Revenue Increase in Q1 2025

On May 8, 2025, PublicSquare reported its financial results for the first quarter of 2025, showcasing a 95% increase in net revenue compared to the same period in 2024, reaching $6.7 million. The company achieved this growth while reducing operating expenses by 10% and significantly lowering sales and marketing costs by 48%. PublicSquare’s strategic focus on integrating new merchants into its FinTech stack and emphasizing a ‘Made in America’ marketplace has contributed to its solid performance and reaffirmed its 2025 guidance. The company also maintained a strong balance sheet with $28 million in cash and cash equivalents as of March 31, 2025, and is on track for over 100% revenue growth for the year.