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XMAX (XMAX) AI Stock Analysis
XMAX
(NASDAQ:XMAX)
XMAX's overall score is weighed down by severe technical weakness and poor operational cash generation, despite a fortress balance sheet. The company's strategic pivot into AI and power semiconductors is a notable positive, but this is counterbalanced by a Nasdaq compliance issue and a core business that is still burning cash. The stock's deeply oversold condition reflects significant market skepticism about its ability to achieve sustainable profitability.
XMAX (XMAX) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $416.18M
- Dividend Yield
- ―
- Average Volume (3M)
- 656.80K
- Price to Earnings (P/E)
- 14.8
- Beta (1Y)
- 0.54
- Revenue Growth
- 63.53%
- EPS Growth
- ―
- Country
- US
- Employees
- 22
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Furnishings, Fixtures & Appliances
XMAX Business Overview & Revenue Model
Company Description
XMAX, Inc. focuses on the creation, manufacturing, and promotion of contemporary household furniture. The company offers a wide array of products, including collections for living rooms, urban-style dining spaces, bedrooms, and their unique 'nova qwi...
XMAX Financial Statement Overview
Summary
The balance sheet is exceptionally strong with high equity and minimal debt, but this is offset by persistent operating losses, compressed margins, and consistently negative cash flows. The TTM net income appears non-recurring, leaving the overall financial health challenged by operational inefficiencies and cash burn.
Income Statement
38NegativeBalance Sheet
90Very PositiveCash Flow
20Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.05M | 16.72M | 9.69M | 11.09M | 12.74M | 12.56M |
| Gross Profit | 3.67M | 4.18M | 4.25M | 4.17M | -7.78M | 5.52M |
| EBITDA | -4.36M | -3.04M | -5.02M | -6.18M | -15.65M | -3.01M |
| Net Income | 29.83M | -3.42M | -5.56M | -7.72M | -17.10M | -19.96M |
Balance Sheet | ||||||
| Total Assets | 121.08M | 35.55M | 9.92M | 6.24M | 11.53M | 29.53M |
| Cash, Cash Equivalents and Short-Term Investments | 34.63M | 6.71M | 161.90K | 369.14K | 1.37M | 6.28M |
| Total Debt | 5.47M | 6.21M | 2.12M | 2.11M | 2.86M | 3.46M |
| Total Liabilities | 14.78M | 7.59M | 6.79M | 5.74M | 4.92M | 6.09M |
| Stockholders Equity | 106.30M | 27.96M | 3.12M | 496.35K | 6.61M | 23.44M |
Cash Flow | ||||||
| Free Cash Flow | -4.51M | -445.84K | -1.41M | -1.58M | -5.38M | -4.89M |
| Operating Cash Flow | -4.51M | -445.84K | -1.39M | -1.58M | -5.37M | -4.78M |
| Investing Cash Flow | -35.91M | -22.81M | -14.12K | 18.64K | -8,772 | -154.82K |
| Financing Cash Flow | 74.57M | 29.75M | 1.18M | 0 | 0 | 2.76M |
XMAX Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XMAX, the sentiment is Negative. The current price of 4.43 is below the 20-day moving average (MA) of 8.41, below the 50-day MA of 8.62, and below the 200-day MA of 7.85, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 19.21 is Positive, neither overbought nor oversold. The STOCH value of 5.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XMAX.
XMAX Risk Analysis
XMAX disclosed 34 risk factors in its most recent earnings report. XMAX reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskXMAX Peers Comparison
Overall Rating
- XMAX51Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| XMAX | 51Neutral | $416.18M | 14.84 | 63.40% | ― | 63.53% | ― |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| XMAX | Xmax, Inc. | 6.42 | 0.84 | 15.17% |
XMAX Corporate Events
XMAX Enters Five-Year AI Infrastructure Agreement with DSH HYPER
PositiveXMax Inc., a diversified furniture distributor and AI software and platform-services provider, said on November 2, 2026, that it had entered a five-year infrastructure agreement with Singapore-based DSH HYPER PTE. LTD. on October 28, 2026, with XMax...
XMAX Renews COO Employment Agreement, Ensuring Leadership Continuity
PositiveOn October 7, 2026, XMAX Inc. renewed the employment agreement with Chief Operating Officer Yizhou (Steven) Zhao, extending his tenure for another one-year term subject to potential further renewal. Under the renewed contract, Mr. Zhao will receive a...
XMax acquires Hexa to expand GaN power portfolio
PositiveOn October 5, 2026, XMax Inc. entered into a definitive share purchase agreement to acquire all outstanding shares of Hexa Creation Inc., a U.S.-based developer of 1200V vertical gallium nitride power semiconductor technology for AI data center power...
XMAX Faces Nasdaq Non-Compliance, Plans Remediation Path
NegativeOn September 10, 2026, XMAX, Inc. disclosed that it had received a notification from Nasdaq’s Listing Qualifications Department stating the company is not in compliance with Listing Rule 5635(d, which requires prior shareholder approval for cer...
XMAX Raises Capital Through Overseas Private Share Placement
PositiveOn August 28, 2026, XMax Inc. entered into Securities Purchase Agreements with certain non-U.S. investors for a private placement of 352,200 shares of its common stock at $8.417 per share, raising approximately $2.96 million. The transaction was cond...
XMAX Extends CFO Employment Agreement for Continued Stability
PositiveOn August 22, 2026, XMAX Inc. renewed the employment agreement with Chief Financial Officer Jeffery Chuang, extending his tenure for another one-year term, subject to further renewal by the company. Under the agreement, Chuang will receive an annual...
XMax expands strategic stakes in Aerora Technology holdings
PositiveOn August 10, 2026, Preamble X Capital I, funded in part by Xmax Beta Holdings Ltd., completed a US$8,400,000 subscription for roughly 5% of a private investment fund whose manager plans to invest substantially all assets in common or preferred share...
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