SoundThinking Inc. Common Stock (SSTI)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

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

Mr. Market offers SoundThinking at $8.26 as of 2026-10-13, a $108.7M market value for a 302-person public-safety software firm. Its SafetySmart platform, including ShotSpotter and CrimeTracer, serves law enforcement, but I see no wide moat; revenue has moved from $92.7M in FY2023 to $102.0M in FY2024 and $104.1M in FY2025, which is slow for technology. More troubling, the company is not earning money. In FY2025 net income was -$9.4M, or -$0.74 per diluted share, slightly worse than FY2024's -$9.2M and -$0.72. In fiscal Q1 2026, the quarter ended 2026-03-31, it lost $7.0M; in fiscal Q2 2026, ended 2026-06-30, it lost $4.8M, or -$0.37 per diluted share. Trailing free cash flow is -$1.1M, and the FairStock calculations show a negative FCF yield of -1.0%. The balance sheet has low debt, with D/E 0.08, which buys time, but Piotroski 3/9 and Altman -0.30 suggest fragility. A P/E of -6.40 is meaningless without profits; P/B is 1.58, so book value offers some reference, not a margin of safety. FairStock scores it 59/100 and labels it a TURNAROUND, a loss in the latest year after earlier profits. I would need clear evidence of durable positive earnings and cash before calling this cheap. At today's price it is a speculative turnaround, not a Graham bargain.

In plain English: SoundThinking sells public-safety software such as ShotSpotter and CrimeTracer to law enforcement and security teams. The business is losing money, with negative earnings and slightly negative cash generation in recent reports, though debt is low. At $8.26 on 2026-10-13, the price does not look clearly cheap on current numbers; it looks more like a turnaround bet.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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) · FY2023 10-K (period ended 2023-12-31)

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