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Boxlight
(NASDAQ:BOXL)
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Rating:42Neutral
Price Target:
$3.50
▼(-42.62% Downside)
Action:Reiterated
Date:10/07/26
BOXL scores low primarily due to challenged financial performance (shrinking revenue, persistent losses, cash burn, and a stressed balance sheet with negative equity and elevated debt). Technicals reinforce the risk with a clear downtrend and negative momentum. Corporate events help somewhat by stabilizing Nasdaq listing status and near-term funding, but the financing structure and expanded authorized shares add dilution risk, limiting the net benefit.
Positive Factors
Integrated Education Technology Offering
An integrated hardware, software, and classroom-management offering can deepen customer adoption by addressing multiple education needs through one solution. This model may support broader deployments, recurring software and service opportunities, and stronger institutional relationships over the next several quarters.
Negative Factors
Persistent Revenue and Profitability Pressure
Multi-year revenue contraction indicates that demand or execution headwinds remain unresolved, while negative operating and net margins show the current scale is insufficient to support the cost base. Continued losses can constrain investment, weaken bargaining power, and make a return to sustainable profitability uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated Education Technology Offering
An integrated hardware, software, and classroom-management offering can deepen customer adoption by addressing multiple education needs through one solution. This model may support broader deployments, recurring software and service opportunities, and stronger institutional relationships over the next several quarters.
Read all positive factors
Boxlight (BOXL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.74M
Dividend YieldN/A
Average Volume (3M)49.05K
Price to Earnings (P/E)―
Beta (1Y)1.57
Revenue Growth-8.13%
EPS Growth73.98%
CountryUS
Employees155
SectorTechnology
Sector Strength88
IndustryConsumer Electronics
Share Statistics
EPS (TTM)-134.51
Shares Outstanding844,544
10 Day Avg. Volume30,721
30 Day Avg. Volume49,046
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.85
Price to Sales (P/S)0.00982
P/FCF Ratio-0.31
Enterprise Value/Market Cap14.31
Enterprise Value/Revenue0.38
Enterprise Value/Gross Profit1.13
Enterprise Value/Ebitda-6.65
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-104.22
Revenue Forecast (FY)$110.00M
Boxlight Business Overview & Revenue Model
Company Description
Boxlight Corporation specializes in developing, manufacturing, and distributing interactive technology solutions. These solutions cater to a diverse clientele including education, healthcare, corporate environments, military organizations, and gov...
How the Company Makes Money
Boxlight primarily makes money by selling education-focused technology products and related solutions to institutional customers (notably school districts and schools). Its revenue model generally includes: (1) Hardware product sales: revenue from...
Boxlight Earnings Call Summary
Earnings Call Date:Nov 13, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Mar 17, 2027
Earnings Call Sentiment Negative
The earnings call presented a mixed view, with Boxlight emphasizing strategic achievements such as debt repayment and global brand restructuring. However, these were overshadowed by significant revenue declines, reduced profit margins, and enduring market softness, especially in the U.S. Despite these challenges, the company remains optimistic about long-term opportunities in education and enterprise markets.Positive Updates
Debt Repayment Achievement
Boxlight successfully repaid a $4 million bridge loan earlier than required, highlighting effective financial management.
Negative Updates
Significant Revenue Decline
Revenues for Q3 2024 were $36.3 million, a 26.9% decrease compared to $49.7 million in Q3 2023.
Read all updates
Q3-2024 Updates
Positive
Negative
Debt Repayment Achievement
Boxlight successfully repaid a $4 million bridge loan earlier than required, highlighting effective financial management.
Read all positive updates
Company Guidance
During the Boxlight Corporation's Q3 2024 earnings call, the company provided detailed guidance on various strategic and financial metrics. The primary focus was on streamlining operations by simplifying its brand structure into three solution categories: Clevertouch for IFPD and display products, FrontRow for audio and communication solutions, and Mimio and EOS for STEM solutions, all under the "By Boxlight" umbrella. This restructuring aims to enhance operational efficiencies, resulting in expected operating expenses of $12 to $13 million per quarter by year-end, despite the industry's ongoing revenue headwinds. The company reported a 26.9% revenue decrease to $36.3 million compared to Q3 2023, with a gross profit margin decrease of 250 basis points to 33.8%. Furthermore, Boxlight repaid a $4 million bridge loan and emphasized its commitment to meeting profitability targets despite challenging market conditions, particularly in the U.S., where IFPD demand remains soft. However, the company expressed optimism about market recovery, especially in EMEA, where revenues in Germany and Belgium increased by 29% and 18%, respectively.Boxlight Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
18
Very Negative
Cash Flow
27
Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 104.33M | 109.25M | 135.89M | 176.72M | 221.78M | 185.18M |
| Gross Profit | 34.65M | 33.63M | 46.94M | 63.30M | 64.87M | 46.52M |
| EBITDA | -5.89M | -4.42M | 537.00K | -17.59M | 15.36M | 65.00K |
| Net Income | -21.86M | -23.81M | -28.34M | -39.16M | -3.74M | -13.80M |
Balance Sheet | ||||||
| Total Assets | 84.35M | 97.54M | 115.31M | 158.57M | 195.40M | 201.44M |
| Cash, Cash Equivalents and Short-Term Investments | 4.30M | 9.37M | 8.01M | 17.25M | 14.59M | 17.94M |
| Total Debt | 40.77M | 41.54M | 45.59M | 49.28M | 48.98M | 51.94M |
| Total Liabilities | 85.77M | 96.29M | 128.20M | 113.31M | 143.50M | 148.13M |
| Stockholders Equity | -1.42M | 1.25M | -12.90M | 45.26M | 51.89M | 53.30M |
Cash Flow | ||||||
| Free Cash Flow | -7.72M | -3.44M | -945.00K | 10.26M | 84.00K | -2.62M |
| Operating Cash Flow | -7.71M | -3.33M | -439.00K | 11.58M | 1.19M | -2.33M |
| Investing Cash Flow | -18.00K | -102.00K | -506.00K | -1.32M | -1.21M | -34.01M |
| Financing Cash Flow | 3.19M | 3.39M | -7.14M | -8.01M | -5.13M | 41.15M |
Boxlight Technical Analysis
Negative
6.10
Price Trends
5.02
Negative
4.66
Negative
6.25
Negative
Market Momentum
-0.55
Positive
27.88
Positive
10.96
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOXL, the sentiment is Negative. The current price of 6.1 is above the 20-day moving average (MA) of 4.24, above the 50-day MA of 5.02, and below the 200-day MA of 6.25, indicating a bearish trend. The MACD of -0.55 indicates Positive momentum. The RSI at 27.88 is Positive, neither overbought nor oversold. The STOCH value of 10.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BOXL.
Boxlight Risk Analysis
Boxlight disclosed 43 risk factors in its most recent earnings report. Boxlight reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Boxlight Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $142.70B | -103.78 | -2.74% | 0.65% | -1.74% | -118.42% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | $70.87M | -4.44 | -10.51% | 4.73% | -17.87% | 7.41% | |
54 Neutral | $2.05B | -57.16 | -9.55% | ― | 5.64% | ― | |
52 Neutral | $209.35M | -6.13 | -89.11% | ― | 6.76% | 28.34% | |
43 Neutral | $2.90B | -2.80 | -20.72% | 4.37% | -6.88% | -90.77% | |
42 Neutral | $2.74M | -0.02 | -1273.57% | ― | -8.13% | 73.98% |
* Technology Sector Average
BOXL
Boxlight
2.80
-69.56
-96.13%
LPL
LG Display
2.72
-2.35
-46.35%
SONY
Sony Group
24.33
-4.50
-15.61%
UEIC
Universal Electronics
5.12
0.73
16.60%
VUZI
Vuzix
2.36
-1.33
-36.04%
SONO
Sonos
17.72
1.75
10.99%
Boxlight Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Boxlight Issues New Series E Convertible Preferred Stock
Neutral
Oct 6, 2026
On August 5, 2026, Boxlight agreed to sell $9.38 million in Series D Convertible Preferred Stock to several institutional investors, and on September 30, 2026 it executed a First Amendment to that agreement and a related Certificate of Amendment i...
Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Boxlight Regains Nasdaq Compliance, Listing Status Preserved
Positive
Sep 14, 2026
On September 2, 2026, Boxlight Corporation received a decision from the Nasdaq Hearings Panel confirming that it had regained compliance with Nasdaq’s equity requirement, securing continued listing on The Nasdaq Stock Market. The ruling foll...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Boxlight amends inventory financing, converts debt into equity
Neutral
Aug 25, 2026
On August 17, 2026 and August 19, 2026, Boxlight Corporation executed second and third amendments to its May 27, 2025 inventory finance agreement with related-party J.J. Astor Co. The amendments converted a total of $167,965.93 of outstanding bal...
Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Boxlight Secures New Financing to Support Nasdaq Compliance
Positive
Aug 11, 2026
On Aug. 5, 2026, Boxlight entered into a private placement Securities Purchase Agreement to issue 937,500 shares of Series D Convertible Preferred Stock for an aggregate subscription amount of $7.5 million, structured in two tranches and featuring...
Executive/Board Changes
Boxlight Announces CFO Resignation and Interim Successor Appointment
Neutral
Aug 4, 2026
On July 30, 2026, Boxlight said chief financial officer Ryan Zeek had voluntarily resigned, effective August 17, 2026, and would provide transition support outside regular hours through September 30, 2026, under the terms of his October 2025 emplo...
Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings
Boxlight Expands Authorized Shares to Support Growth Plans
Positive
Jul 29, 2026
On July 23, 2026, Boxlight Corporation reconvened its annual meeting of shareholders to vote on an amendment to its Articles of Incorporation to increase authorized Class A common stock to 55,000,000 shares. Shareholders approved the proposal, wit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.