XBP Europe Holdings (XBP) AI Stock Analysis

• Market Cap: $88.84M
• Dividend Yield: N/A
• Average Volume (3M): 648.48K
• Price to Earnings (P/E): <0.1
• Beta (1Y): 0.44
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 1,310
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 99.92
• Shares Outstanding: 11,751,597
• 10 Day Avg. Volume: 292,541
• 30 Day Avg. Volume: 648,475
• PEG Ratio: 1.63
• Price to Book (P/B): -15.40
• Price to Sales (P/S): 2.30
• P/FCF Ratio: -50.66
• Enterprise Value/Market Cap: 5.23
• Enterprise Value/Revenue: 1.44
• Enterprise Value/Gross Profit: 5.87
• Enterprise Value/Ebitda: -1.66
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: $7.50 ▼(-4.82% Downside)

The score is held back primarily by weak financial quality (ongoing losses, negative ROE, and leverage risk) despite strong revenue growth and improved free cash flow. Technicals are supportive with positive momentum and price above key moving averages, while valuation appears very low on P/E. Nasdaq compliance is a modest positive by removing delisting concerns.

Positive Factors

Top-line Growth

Sustained 121% TTM revenue growth indicates the company’s offerings are gaining market traction across its target verticals. Over the next 2-6 months this supports scalable revenue run-rate, enhances pricing leverage opportunities, and validates the growth-oriented investment strategy.

Improving Free Cash Flow

A dramatic FCF increase and FCF/Net Income >1 show the business is generating real cash despite accounting losses. That cash can fund operations, strategic investments or portfolio support without immediate dilutive financing, improving durability of growth over months ahead.

Multi-year strategic contract

A multi-year $24M engagement to modernize a P&C insurer provides predictable revenue, validates the AI/RPA platform in regulated workflows, and supports cross-selling. Contract scale and product deployment strengthen commercial credibility and recurring revenue visibility over the medium term.

Negative Factors

Persistent unprofitability

Negative operating and net margins reflect structural profitability gaps. Continued losses limit retained earnings, constrain reinvestment capacity, and may force reliance on external capital or asset sales, creating lasting pressure on long-term shareholder returns and strategy execution.

Balance sheet leverage risk

A highly negative debt-to-equity ratio and deeply negative ROE signal elevated leverage and weak returns on equity. This reduces financial flexibility, increases refinancing and covenant risk, and makes the firm more vulnerable to shocks over coming quarters when funding needs arise.

Operating cash conversion weakness

Negative operating cash flow relative to net income shows earnings are not reliably converting to cash. Even with rising FCF, persistent operating cash conversion issues create dependency on non-operating cash sources and can pressure liquidity and day-to-day funding over the medium term.

XBP Europe Holdings Business Overview & Revenue Model

Company Description

XBP Global Holdings, Inc. is a pan-European integrator of bills, payments, and related solutions and services seeking to enable digital transformation of businesses. It provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. It operates through the Bills and Payments, and Technology segments. The Bills and Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries. The Technology segment refers to the sales of recurring software licenses and related maintenance, hardware solutions and related maintenance and professional services. The company is headquartered in Irving, TX.

How the Company Makes Money

XBP generates revenue through a combination of equity stakes in its portfolio companies and advisory services. The company earns returns on its investments as its holdings appreciate in value and generate profits, which may include dividends, interest, or capital gains upon exit. Additionally, XBP offers consulting and advisory services to its partners, charging fees for strategic planning, market analysis, and operational improvements. Key partnerships with established firms and access to venture capital networks further bolster its revenue streams, enhancing its ability to identify lucrative investment opportunities and support its portfolio companies effectively.

XBP Europe Holdings Financial Statement Overview

Summary

Strong TTM revenue growth (121.43%) and sharply higher free cash flow growth (2097.10%) are positives, but the company is still unprofitable (net margin -10.23% with negative EBIT/EBITDA margins) and shows balance-sheet risk with negative ROE (-23.66%) and a concerning debt-to-equity ratio (-1.39).

Income Statement

XBP Europe Holdings has experienced significant revenue growth of 121.43% in the TTM period, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by a negative net profit margin of -10.23% and negative EBIT and EBITDA margins. The gross profit margin is relatively stable at 27.56%, but the company needs to address its operational inefficiencies to improve overall profitability.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio of -1.39, indicating high leverage and potential financial risk. The return on equity is negative at -23.66%, reflecting the company's inability to generate profits from shareholders' equity. Despite these challenges, the equity ratio stands at 13.77%, suggesting some level of asset financing through equity.

Cash Flow

The cash flow statement reveals a significant free cash flow growth rate of 2097.10% in the TTM period, which is a positive sign. However, the operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is 1.81, suggesting that the company is generating free cash flow despite net losses, which is a positive aspect.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	322.16M	142.77M	155.18M	180.49M	205.95M	217.54M
Gross Profit	79.21M	38.26M	39.87M	43.70M	40.93M	42.05M
EBITDA	-280.24M	6.42M	5.89M	2.09M	-1.81M	-14.70M
Net Income	-358.30M	-12.37M	-11.05M	-7.93M	-12.73M	-28.38M
Balance Sheet
Total Assets	947.93M	88.05M	102.74M	122.84M	127.00M	161.70M
Cash, Cash Equivalents and Short-Term Investments	34.53M	12.10M	6.54M	7.47M	2.91M	9.25M
Total Debt	427.02M	35.39M	23.63M	37.75M	45.86M	56.16M
Total Liabilities	817.43M	109.39M	115.31M	149.77M	153.53M	180.94M
Stockholders Equity	130.50M	-21.35M	-12.57M	-26.93M	-26.53M	-19.25M
Cash Flow
Free Cash Flow	-156.16M	-6.49M	-3.87M	3.52M	-4.95M	3.21M
Operating Cash Flow	-147.71M	-5.23M	-1.53M	9.89M	-3.04M	5.40M
Investing Cash Flow	-6.22M	-1.71M	-2.67M	-6.37M	1.15M	-2.19M
Financing Cash Flow	161.01M	12.45M	-305.00K	-1.33M	-4.62M	6.23M

XBP Europe Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XBP, the sentiment is Negative. The current price of 7.88 is below the 20-day moving average (MA) of 8.04, above the 50-day MA of 6.91, and below the 200-day MA of 8.14, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 48.59 is Neutral, neither overbought nor oversold. The STOCH value of 57.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XBP.

XBP Europe Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
JG	58 Neutral	$43.64M	-86.86	-5.30%	―	20.68%	84.51%
XBP	54 Neutral	$88.84M	0.08	2125.09%	―	―	―
SNCR	49 Neutral	$101.26M	-8.58	-21.44%	―	0.07%	58.47%
KPLT	48 Neutral	$30.78M	-1.10	―	―	16.56%	28.25%
ZENV	48 Neutral	$46.89M	-2.28	-14.38%	―	9.16%	20.13%
SOS	45 Neutral	$49.51M	-76.88	-3.89%	―	134.43%	95.39%

XBP Europe Holdings Corporate Events

XBP Europe Regains Nasdaq Minimum Bid Price Compliance

On January 6, 2026, XBP Global Holdings, Inc. announced that it had regained compliance with Nasdaq’s $1.00 minimum bid price requirement under Listing Rule 5550(a)(2), after previously being notified on September 16, 2025 that its common stock had traded below the threshold for 30 consecutive business days. Nasdaq has now confirmed the company’s return to compliance and closed the matter, removing an overhang on XBP Global’s listing status and providing reassurance to investors about the continued trading of its shares on the Nasdaq Capital Market.

The most recent analyst rating on (XBP) stock is a Hold with a $0.52 price target. To see the full list of analyst forecasts on XBP Europe Holdings stock, see the XBP Stock Forecast page.

XBP Europe Holdings Files Certificate of Amendment

On December 12, 2025, XBP Global Holdings, Inc. filed a Certificate of Amendment to its Third Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware. This filing, along with two Certificates of Correction, rectified previous amendments from July 2025 without altering the substance of the company’s incorporation certificate or its plans for common stock.

The most recent analyst rating on (XBP) stock is a Hold with a $0.52 price target. To see the full list of analyst forecasts on XBP Europe Holdings stock, see the XBP Stock Forecast page.

XBP Europe Holdings Announces Reverse Stock Split

On December 1, 2025, XBP Global Holdings, Inc. announced a 1-for-10 reverse stock split of its common stock, effective December 12, 2025, with trading on a split-adjusted basis starting December 15, 2025. This move, previously authorized by stockholders, aims to consolidate every ten shares into one, impacting all common stockholders uniformly and adjusting derivative securities accordingly, without altering relative ownership percentages.

The most recent analyst rating on (XBP) stock is a Hold with a $0.68 price target. To see the full list of analyst forecasts on XBP Europe Holdings stock, see the XBP Stock Forecast page.