CXApp (NASDAQ:CXAI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of CXApp (NASDAQ:CXAI) to a hold rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CXApp in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CXApp currently has a consensus rating of “Sell”.

CXApp Stock Performance

Shares of NASDAQ:CXAI opened at $3.90 on Friday. CXApp has a twelve month low of $3.44 and a twelve month high of $51.99. The firm has a market cap of $9.13 million, a PE ratio of -0.15 and a beta of 0.97. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.64 and a current ratio of 1.64. The business has a fifty day moving average of $7.54 and a 200-day moving average of $8.97.

CXApp (NASDAQ:CXAI) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.00) by $2.90. CXApp had a negative net margin of 446.46% and a negative return on equity of 135.04%. The business had revenue of $1.69 million for the quarter, compared to the consensus estimate of $1.15 million.

Institutional Trading of CXApp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its stake in shares of CXApp by 242.3% in the 1st quarter. Renaissance Technologies LLC now owns 371,754 shares of the company’s stock valued at $67,000 after purchasing an additional 263,154 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of CXApp during the fourth quarter worth approximately $46,000. DRW Securities LLC acquired a new position in CXApp in the fourth quarter valued at approximately $44,000. Geode Capital Management LLC lifted its holdings in CXApp by 32.0% in the fourth quarter. Geode Capital Management LLC now owns 207,427 shares of the company’s stock valued at $69,000 after buying an additional 50,310 shares during the period. Finally, XTX Topco Ltd bought a new position in CXApp in the second quarter valued at approximately $41,000. 14.41% of the stock is owned by institutional investors.

About CXApp

CXApp Holdings, Inc develops and delivers workplace experience software designed to help enterprises manage hybrid work environments and improve employee engagement. Its flagship platform provides a mobile-first digital workplace companion that integrates space management, wayfinding, service requests, and communications. By combining Internet of Things (IoT) connectivity and data-driven insights, the platform enables organizations to optimize real estate, enhance operational efficiency, and support health and safety protocols.

The CXApp platform offers a suite of features tailored to employees, visitors, and facilities teams.