SmartKem AI Stock Analysis
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SmartKem (SMTK) AI Stock Analysis
SmartKem
(NASDAQ:SMTK)
The score is held down primarily by weak financial performance (very small revenue base, very large operating losses, and ongoing free-cash-flow burn) and poor technicals (price well below key moving averages with negative momentum). Corporate events provide some offset via reduced listing risk and a potentially transformative acquisition, but valuation support is limited given negative earnings and no dividend yield provided.
SmartKem (SMTK) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $134.49K
- Dividend Yield
- ―
- Average Volume (3M)
- 1.02M
- Price to Earnings (P/E)
- -0.0
- Beta (1Y)
- 0.92
- Revenue Growth
- 582.47%
- EPS Growth
- 55.33%
- Country
- US
- Employees
- 29
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
SmartKem Business Overview & Revenue Model
Company Description
SmartKem, Inc. focuses on developing innovative materials and processes essential for organic thin-film transistor (OTFT) backplanes, which are crucial components in the production of flexible electronic devices. Their advanced transistor technology...
SmartKem Financial Statement Overview
Summary
Financials remain weak: revenue is still very small and TTM revenue declined versus the prior period, while operating losses are extremely large relative to revenue and profitability is deeply negative. Positives include strong recent gross margins (~61–63%) and zero debt with positive equity in TTM, but ongoing cash burn and lack of scale keep the score near the low end.
Income Statement
18Very NegativeBalance Sheet
48NeutralCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 662.00K | 697.00K | 82.00K | 27.00K | 40.00K | 18.00K |
| Gross Profit | 415.00K | 425.00K | 50.00K | 4,000 | 7,000 | 10.00K |
| EBITDA | -8.14M | -10.04M | -9.86M | -9.50M | -9.23M | -16.66M |
| Net Income | -28.60M | -10.51M | -10.33M | -8.50M | -11.49M | -17.14M |
Balance Sheet | ||||||
| Total Assets | 10.36M | 2.29M | 8.90M | 11.27M | 7.53M | 15.06M |
| Cash, Cash Equivalents and Short-Term Investments | 3.69M | 374.00K | 7.14M | 8.84M | 4.24M | 12.23M |
| Total Debt | 0 | 1.51M | 72.00K | 249.00K | 465.00K | 125.00K |
| Total Liabilities | 675.00K | 6.22M | 2.31M | 3.16M | 1.64M | 1.54M |
| Stockholders Equity | 9.68M | -3.93M | 6.59M | 8.11M | 5.88M | 13.52M |
Cash Flow | ||||||
| Free Cash Flow | -5.13M | -7.86M | -8.17M | -8.05M | -9.13M | -10.88M |
| Operating Cash Flow | -5.01M | -7.74M | -8.10M | -8.04M | -9.05M | -10.54M |
| Investing Cash Flow | -7.47M | -123.00K | -75.00K | -18.00K | -79.00K | -341.00K |
| Financing Cash Flow | 14.15M | 1.00M | 6.53M | 12.69M | 1.83M | 22.20M |
SmartKem Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SMTK, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 1.22, and below the 200-day MA of 10.31, indicating a bearish trend. The MACD of -0.33 indicates Negative momentum. The RSI at 22.18 is Positive, neither overbought nor oversold. The STOCH value of 13.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMTK.
SmartKem Risk Analysis
SmartKem disclosed 38 risk factors in its most recent earnings report. SmartKem reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksSmartKem Peers Comparison
Overall Rating
PXLW52Neutral
LEDS49Neutral
SQNS48Neutral
VLN44Neutral
PRSO42Neutral- SMTK41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| PXLW | 52Neutral | $44.10M | 0.59 | 434.73% | ― | ― | ― |
| LEDS | 49Neutral | $19.69M | -17.46 | -43.09% | ― | -16.64% | -79.86% |
| SQNS | 48Neutral | $38.14M | -0.22 | -216.12% | ― | -6.10% | ― |
| VLN | 44Neutral | $175.41M | -4.58 | -31.56% | ― | 12.36% | -0.38% |
| PRSO | 42Neutral | $5.29M | -0.56 | -161.43% | ― | -38.47% | 61.35% |
| SMTK | 41Neutral | $271.17K | -0.00 | -1395.00% | ― | 582.47% | 55.33% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SMTK | Smartkem, Inc. | 0.26 | -71.74 | -99.64% | |
| PRSO | Peraso, Inc. | 0.38 | -0.47 | -55.06% | |
| PXLW | Pixelworks | 6.41 | 0.23 | 3.72% | |
| LEDS | SemiLEDs Corporation | 2.27 | -0.18 | -7.35% | |
| SQNS | Sequans Communications S | 2.44 | -3.98 | -61.99% | |
| VLN | Valens | 1.43 | -0.29 | -16.86% |
SmartKem Corporate Events
SmartKem Extends Convertible Note Maturities with Ferrox
NeutralOn October 30, 2026, SmartKem and Ferrox Critical Minerals Ltd. entered into an amendment extending the maturity dates of three convertible promissory notes issued by Ferrox to, or assigned to, SmartKem. The March 13, June 22 and July 27, 2026 notes...
SmartKem adopts retention bonuses for Ferrox transaction
NeutralOn September 4, 2026, SmartKem’s Compensation Committee recommended, and on September 16, 2026, the Board approved, a transaction retention bonus plan for the CEO, CFO and independent directors linked to the company’s pending transaction with Ferrox...
SmartKem Regains Nasdaq Compliance, Resolving Listing Deficiency
PositiveOn September 10, 2026, Nasdaq’s Listing Qualifications Staff notified SmartKem, Inc. that the company had regained compliance with the exchange’s minimum bid price requirement, after its shares closed at or above $1.00 for 13 consecutive business day...
SmartKem Announces Reverse Stock Split to Maintain Nasdaq Listing
NeutralOn August 19, 2026, SmartKem, Inc. announced that it will implement a 1‑for‑50 reverse stock split of its common shares, authorized by shareholders at the June 23, 2026 annual meeting and effective after market close on August 20, 2026. The stock wil...
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 02, 2026