CXApp Inc. Class A Common Stock (CXAI)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach this as a Graham-style bargain hunt, but quality matters. CXApp sells workplace experience software and AI tools, yet it is a tiny enterprise with only 35 employees. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.7M and net loss was $8.6M. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $950,000 and net loss was $4.0M. For FY2025, period ended 2025-12-31, revenue was $4.6M and net loss was $13.5M; for FY2024, period ended 2024-12-31, revenue was $7.1M and net loss was $19.4M. FY2022, period ended 2022-12-31, showed net income of $8.3M, but revenue was not given. FairStock classifies it as TURNAROUND because the latest year was a loss after earlier profits. The moat is not evident: revenue is small, cash flow is negative, and competition in software can be brutal. Trailing free cash flow was -$10.9M, with an FCF yield of -4.7%. FairStock's Piotroski F-Score is 3/9, which is weak, while Altman Z-Score is 3.47. Debt-to-equity is 0.58. At the 2026-10-13 close of $2.00, FairStock shows P/B of 0.24 and a negative P/E of -0.07. ROE is -131.89% and ROCE is -29.91%. A low P/B may attract a value investor, but book value can shrink quickly when losses are this large. The latest quarter did show revenue of $1.7M versus $1.2M in fiscal Q2 2025, the quarter ended 2025-06-30, but losses widened from $3.1M to $8.6M. I need positive owner earnings and a durable competitive advantage before calling this a true bargain. The asset discount is not enough by itself.

In plain English: CXApp sells software that helps companies manage workplace experiences and uses AI tools. The business is very small and losing a lot of money, so it looks weak. At $2.00, the price may look low compared with the company's book value, but the losses make it hard to call the stock a clear bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2022 10-K/A (period ended 2022-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer