CVD Equipment (CVV) AI Stock Analysis

CVD Equipment

(NASDAQ:CVV)

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Rating:50Neutral

Price Target:$4.00▲(0.76% Upside)

Action:reiterated

Date:09/12/26

CVD Equipment's score is heavily weighed down by severe distress in its core operations, culminating in a cessation of new equipment orders, massive layoffs, and the departure of its CEO. This fundamental deterioration is reflected in weak continuing revenues, operating losses, and a strongly bearish technical trend. The primary mitigant preventing a lower score is the company's pristine, debt-free balance sheet and substantial cash position generated from a recent business divestiture, which provides a structural buffer against immediate insolvency.

Positive Factors

Debt-free balance sheetMinimal debt and a sizable equity base provide financial flexibility while the company manages weak operating conditions. This reduces interest and refinancing pressure, preserves capacity to fund essential operations, and gives management more options for disciplined capital allocation.

Negative Factors

Declining revenue and operating lossesSharp revenue contraction combined with continuing operating losses indicates that the core business is not currently covering its cost structure. Sustained weakness would limit internal funding, reduce operating leverage, and make reported profitability less representative of recurring business performance.

CVD Equipment (CVV) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $27.21M
Dividend Yield: ―
Average Volume (3M): 107.23K
Price to Earnings (P/E): 2.7
Beta (1Y): 1.07
Revenue Growth: -44.36%
EPS Growth: -845.20%
Country: US
Employees: 85
Sector: Industrials
Sector Strength: 63
Industry: Industrial - Machinery

CVD Equipment Business Overview & Revenue Model

Company Description

CVD Equipment Corporation, along with its affiliated entities, specializes in the engineering, manufacturing, and distribution of sophisticated process equipment and comprehensive solutions. These offerings are instrumental in the creation and fabric...

How the Company Makes Money

CVD Equipment makes money primarily by selling capital equipment—its CVD and other advanced material-processing systems—typically as project-based or customer-specified orders that can be standard configurations or customized to a customer’s process...

CVD Equipment Earnings Call Summary

Earnings Call Date:Aug 11, 2026(Q2-2026)|% Change Since:-44.40%|Next Earnings Date:May 08, 2019

Earnings Call SentimentNeutral

The call communicated a mixed picture: a transformational strategic milestone (the SDC divestiture) that produced a sizable one-time gain, a materially stronger cash position and a debt-free balance sheet, alongside operational progress from restructuring and margin improvements. However, the core continuing operations remain weak with a significant 43% year-over-year revenue decline, an operating loss, low order intake and lingering macro and market-specific headwinds (including PVT commercialization uncertainty and a post-quarter customer bankruptcy risk). The positives from the corporate transformation and balance sheet repair are substantial, but they are offset by near-term operational weakness and demand uncertainty.

Positive Updates

Completion of SDC Divestiture

Sale of the SDC business closed April 1, 2026; transaction materially strengthened the balance sheet, refocused the company on its Advanced Material Process Equipment Group, and converted SDC results to discontinued operations.

Negative Updates

Significant Revenue Decline from Continuing Operations

Q2 revenue from continuing operations was approximately $2.0 million versus $3.4 million in Q2 2025, a decline of ~43%, driven primarily by weaker system revenue and bookings experienced in 2025 and H1 2026.

Company Guidance

Management offered directional (non‑numeric) guidance focused on a stronger balance sheet, disciplined capital allocation, expense control and materially lower fixed operating costs from a substantially completed restructuring, rather than formal forward revenue or EPS targets; key metrics disclosed were: SDC sale closed Apr 1, 2026 producing a total divestiture gain of ~ $13.5M (discontinued‑operations net income ~ $13.9M), total Q2 income ~ $12.6M or $1.81 per share, continuing‑operations revenue ~$2.0M (down ~43% vs. $3.4M prior year), Q2 orders ~$1.2M, backlog $3.9M at June 30, gross profit ~$329K and gross margin 16.8% (vs. $481K / 14.1% prior year), operating loss from continuing ops ~$1.6M and net loss from continuing ops ~$1.4M or $0.20 per share (vs. $1.3M / $0.19 PY), cash & equivalents ~$23.5M (vs. $8.7M at 12/31/2025) plus $900K escrow, no long‑term debt, stockholders’ equity ~ $36M (vs. $24.7M YE), and a post‑period customer Chapter 11 filing affecting a $0.8M system order that is under review.

CVD Equipment Financial Statement Overview

Summary

The company benefits from a pristine, debt-free balance sheet and slightly positive cash flow. However, core operating performance remains extremely weak, with shrinking revenues and persistent operating losses offset only by a large one-time divestiture gain.

Income Statement

45Neutral

Balance Sheet

95Very Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022
Income Statement
Total Revenue	16.16M	25.79M	26.88M	24.11M	25.81M	16.45M
Gross Profit	4.00M	7.29M	6.33M	5.07M	6.63M	3.08M
EBITDA	-3.39M	-886.00K	-1.17M	-3.38M	655.00K	5.78M
Net Income	10.02M	-1.58M	-1.90M	-4.18M	-224.00K	4.75M
Balance Sheet
Total Assets	38.52M	27.51M	31.69M	35.02M	37.91M	35.52M
Cash, Cash Equivalents and Short-Term Investments	23.48M	8.73M	12.60M	14.03M	14.37M	16.65M
Total Debt	0	181.00K	268.00K	349.00K	426.00K	1.77M
Total Liabilities	2.47M	2.78M	6.32M	8.82M	8.51M	6.34M
Stockholders Equity	36.05M	24.73M	25.37M	26.20M	29.40M	29.19M
Cash Flow
Free Cash Flow	464.00K	-3.73M	-1.59M	-624.00K	-524.00K	-4.51M
Operating Cash Flow	477.00K	-3.68M	-1.49M	-206.00K	194.00K	-4.27M
Investing Cash Flow	16.21M	-99.00K	144.00K	-133.00K	-708.00K	22.84M
Financing Cash Flow	-225.00K	-87.00K	-82.00K	-1,000	-1.77M	-9.62M

CVD Equipment Technical Analysis

Technical Analysis SentimentNegative

Last Price3.97

Price Trends

50DMA4.87Negative

100DMA6.12Negative

200DMA5.58Negative

Market Momentum

MACD-0.24Negative

RSI35.87Neutral

STOCH53.24Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CVV, the sentiment is Negative. The current price of 3.97 is below the 20-day moving average (MA) of 3.97, below the 50-day MA of 4.87, and below the 200-day MA of 5.58, indicating a bearish trend. The MACD of -0.24 indicates Negative momentum. The RSI at 35.87 is Neutral, neither overbought nor oversold. The STOCH value of 53.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CVV.

CVD Equipment Risk Analysis

CVD Equipment disclosed 32 risk factors in its most recent earnings report. CVD Equipment reported the most risks in the "Production" category.

Production - Risks related to the company’s ability to manufacture goods and services

Latest Risks Added

0 New Risks

CVD Equipment Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

CVV against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTEC	73Outperform	$17.25M	1.08	15.75%	―	25.87%	-0.36%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BWEN	61Neutral	$68.84M	12.56	8.25%	―	-3.31%	―
CVV	50Neutral	$27.21M	2.73	36.49%	―	-44.36%	-845.20%
CETY	49Neutral	$11.10M	-0.77	-106.49%	―	89.35%	7.95%
LASE	40Underperform	$41.38M	-0.71	2279.46%	―	-11.00%	-445.02%
BURU	35Underperform	$3.94M	-0.02	398.88%	―	9927.65%	87.35%

* Industrials Sector Average

Performance Comparison

CVV and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CVV	CVD Equipment Corporation	3.85	0.18	4.90%
BWEN	Broadwind Energy	2.81	0.70	33.18%
GTEC	Greenland Technologies Holding Corporation	0.58	-0.52	-47.27%
CETY	Clean Energy Technologies, Inc.	0.88	-0.65	-42.48%
BURU	Nuburu, Inc.	0.25	-57.63	-99.56%
LASE	Laser Photonics Corp.	0.65	-2.98	-82.04%

CVD Equipment Corporate Events

Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures

CVD Equipment Restructuring and Leadership Transition Announced

Negative

Sep 10, 2026

On September 3, 2026, CVD Equipment Corporation’s board approved a restructuring plan that ends pursuit of new system orders for its CVD equipment business and cuts the workforce by about half, aligning staffing with the remaining equipment bac...

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.

Date of analysis: Sep 12, 2026

CVD Equipment AI Stock Analysis