C3is Inc. AI Stock Analysis
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C3is Inc. (CISS) AI Stock Analysis
C3is Inc.
(NASDAQ:CISS)
The score is supported primarily by strong financial performance (especially a very conservative balance sheet) and a bullish earnings-call read-through with strong reported growth and liquidity coverage for near-term CapEx. This is tempered by weak technical momentum (oversold with negative MACD) and limited usable valuation inputs (P/E shown as 0.000 and no dividend yield).
C3is Inc. Key Performance Indicators (KPIs)
Average Number Of VesselsIndicates the average size of the fleet over a period, highlighting the company's capacity to generate revenue and its market presence in the shipping industry.
After a step-up from ~2 to 4 vessels in 2023–24 the fleet has flatlined at four through Q1‑2026; management confirms this is temporary—two product tankers were delivered/expected in Q2–Q3 2026 so capacity should rise mid‑2026. Strong TCEs and 85% utilization suggest the additions can be earnings‑accretive, but the $39.7M Jan‑2027 CapEx and planned equity funding introduce near‑term financing and dilution risk amid bunker and geopolitical volatility.
The FlyC3is Inc. (CISS) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $111.95K
- Dividend Yield
- ―
- Average Volume (3M)
- 413.65K
- Price to Earnings (P/E)
- 0.0
- Beta (1Y)
- 1.38
- Revenue Growth
- 33.83%
- EPS Growth
- -84.43%
- Country
- US
- Employees
- 0
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Marine Shipping
C3is Inc. Business Overview & Revenue Model
Company Description
C3is Inc. is a maritime enterprise specializing in global seaborne transport solutions. The company serves a broad spectrum of dry bulk charterers, including both public and private industrial entities, commodity producers and merchants, as well as o...
How the Company Makes Money
C3is Inc. primarily makes money by generating charter and freight revenue from the commercial employment of its vessels. The core revenue streams typically include (i) time-charter income, where a customer pays a fixed daily (or periodic) hire rate f...
C3is Inc. Earnings Call Summary
The call was strongly positive overall. Management reported substantial year-over-year growth in revenue, net income, adjusted earnings, EBITDA, cash, fleet capacity, and TCE rates, alongside a debt-free balance sheet and continued fleet expansion. The main negatives were weaker MR2 rates after an April peak, geopolitical and commodity-market uncertainty, the non-cash warrant loss, and the large stated discount of the share price to net asset value.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management said it is “confident that the second half of the year will mirror the first half” and that expansion efforts are “projected to boost profitability, fortify financial strength, and introduce flexibility vital for C3is's future operational strategies”; equity issuances will continue to support the “timely and selective acquisition of quality non-Chinese-built vessels,” with current focus on “short to medium-term charters and spot voyages.” The fleet has increased by 387% since inception, the company has no bank debt, and its upcoming CapEx obligation of $39.78 million due in January 2027 is already covered by its cash balance, which was $48 million by the end of July 2026.
C3is Inc. Financial Statement Overview
Summary
Strong current fundamentals led by an excellent balance sheet (minimal leverage, solid equity base, improved ROE) and healthy TTM profitability with re-accelerating revenue growth. The main constraint is cyclicality/volatility in earnings and free cash flow across years, typical for marine shipping.
Income Statement
74PositiveBalance Sheet
91Very PositiveCash Flow
68Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 50.97M | 34.76M | 42.30M | 28.74M | 3.29M | 6.27M |
| Gross Profit | 17.16M | 4.43M | 13.62M | 12.02M | 750.83K | 3.78M |
| EBITDA | 25.69M | 17.35M | 5.90M | 14.76M | 1.11M | 4.10M |
| Net Income | 21.07M | 10.47M | -2.75M | 9.29M | 551.59K | 3.61M |
Balance Sheet | ||||||
| Total Assets | 144.76M | 98.49M | 100.49M | 95.47M | 39.86M | 16.36M |
| Cash, Cash Equivalents and Short-Term Investments | 33.25M | 14.94M | 12.59M | 9.06M | 0 | 273.62K |
| Total Debt | 64.37K | 24.75K | 28.77K | 0 | 0 | 7.28M |
| Total Liabilities | 30.17M | 3.39M | 29.13M | 39.93M | 965.47K | 7.61M |
| Stockholders Equity | 114.59M | 95.10M | 71.36M | 55.54M | 38.89M | 8.75M |
Cash Flow | ||||||
| Free Cash Flow | 13.88M | 3.84M | 23.35M | 1.34M | -38.34M | -11.65M |
| Operating Cash Flow | 13.88M | 4.00M | 24.98M | 5.64M | 1.05M | -12.08K |
| Investing Cash Flow | -30.96M | -6.54M | -1.36M | -12.43M | -39.39M | -11.64M |
| Financing Cash Flow | 17.14M | -1.49M | -19.67M | 7.48M | 38.34M | 12.42M |
C3is Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CISS, the sentiment is Negative. The current price of 1.78 is below the 20-day moving average (MA) of 2.47, below the 50-day MA of 4.36, and below the 200-day MA of 675.34, indicating a bearish trend. The MACD of -1.72 indicates Negative momentum. The RSI at 25.40 is Positive, neither overbought nor oversold. The STOCH value of 36.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CISS.
C3is Inc. Risk Analysis
C3is Inc. disclosed 86 risk factors in its most recent earnings report. C3is Inc. reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksC3is Inc. Peers Comparison
Overall Rating
GLBS74Outperform
PSHG74Outperform- CISS71Outperform
CTRM63Neutral
USEA39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GLBS | 74Outperform | $59.35M | 8.69 | 3.80% | ― | 47.79% | ― |
| PSHG | 74Outperform | $25.86M | 0.81 | 10.21% | ― | 34.61% | -41.81% |
| CISS | 71Outperform | $607.09K | 0.00 | 21.56% | ― | 33.83% | -84.43% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| CTRM | 63Neutral | $12.27M | 0.14 | 15.86% | ― | 33.15% | ― |
| USEA | 39Underperform | $22.90M | -11.68 | -3.03% | 16.25% | -16.73% | 72.04% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| CISS | C3is Inc. | 1.78 | -49558.24 | -100.00% | |
| PSHG | Performance Shipping Inc. | 2.06 | -0.08 | -3.97% | |
| GLBS | Globus Maritime | 2.99 | 1.80 | 150.21% | |
| CTRM | Castor Maritime | 1.33 | -0.60 | -31.09% | |
| USEA | United Maritime Corp. | 2.46 | 1.04 | 73.12% |
C3is Inc. Corporate Events
C3is Completes One-for-Five Reverse Stock Split
C3is Inc. is a Marshall Islands-incorporated foreign private issuer headquartered in Athens, Greece, with common stock traded on Nasdaq under “CISS.” The release provided no description of the company’s operating industry, products or services.On Nov...
C3is Announces 1-for-5 Reverse Stock Split Effective November 9
C3is Inc. is a debt-free ship-owning company providing dry-bulk and crude-oil seaborne transportation services. Its fleet comprises six vessels—three Handysize bulk carriers, one Aframax tanker and two product tankers—with total capacity of 311,431 d...
C3is Inc. Expands Fleet With Two MR Product Tanker Deliveries in 2026
In a Form 6-K filed on September 29, 2026, C3is Inc. reported management’s discussion and analysis for the six months ended June 30, 2026 and detailed recent fleet developments, including the acquisition of two MR product tankers. Clean Fury, bought...
C3is Inc. Delivers Strong Q2 2026 Results and Expands Product Tanker Fleet
On August 27, 2026, C3is Inc. reported unaudited financial and operating results for the quarter and six months ended June 30, 2026, highlighting a sharp upswing in earnings and cash generation. Revenues for the second quarter rose to $24.0 million f...
C3is Inc. Executes 1-for-40 Reverse Stock Split and Adjusts Warrants
On August 18, 2026, C3is Inc. implemented a one-for-40 reverse stock split of its common stock, reducing the number of outstanding shares from about 57.6 million to roughly 1.44 million while leaving par value and other share terms unchanged. The spl...
C3is Inc. Launches 1-for-40 Reverse Stock Split to Preserve Nasdaq Listing
On August 17, 2026, C3is Inc. announced that its board approved a one-for-forty reverse stock split of its common shares, effective at 11:59 p.m. Eastern Time on August 18, 2026. The stock will begin trading on a split-adjusted basis on the Nasdaq Ca...
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.
Date of analysis: Nov 11, 2026