Amesite Inc. (AMST) AI Stock Analysis
AMST AI stock analysis summary
AI ResearchAmesite Inc. (AMST) is an artificial intelligence-driven education platform developer with a market cap of $5.5M. In FY2026, revenue increased 230.2% to $364,777, though the company recorded a net income of -$3.1M and negative free cash flow of -$2.2M. The stock closed at $0.83 on October 16, 2026, down 74.2% over the trailing one-year period.
- Market cap
- $5.5M
- Revenue (TTM)
- $364,777
- P/E
- —
- 1Y return
- -74.2% S&P 500 16.8%
- Avg. target
- $7.00 740.3% vs last close
Bull case
- Revenue rebounded significantly in FY2026, surging 230.2% to $364,777.
- Amesite maintains a liquid balance sheet with a current ratio of 6.42 and $2.3M in cash and short-term investments as of June 30, 2026.
- The mean analyst price target of $7.00 sits 740.3% above the October 16, 2026 closing price of $0.83.
Bear case
- The company remains deeply unprofitable, reporting a net income of -$3.1M and an operating margin of -861.7% in FY2026.
- Free cash flow was negative at -$2.2M in FY2026, contributing to ongoing cash burn.
- Shareholders experienced heavy dilution as share count expanded by 217.2% over a 5-year span.
What Amesite does
Founded in 2017 and based in Detroit, Michigan, Amesite Inc. operates in the realm of artificial intelligence-driven education platforms and course design. The company leverages advanced machine learning technologies to deliver scalable, adaptable online learning products designed for mass customization of learning experiences. Amesite caters to a broad spectrum of clients across the United States, including businesses, universities, colleges, K-12 schools, and non-profit organizations, providing digital tools intended to enhance educational outcomes, engagement, and corporate training programs.
Growth and profitability
Amesite generated revenue of $364,777 in FY2026, representing annual growth of 230.2% after consecutive declines in FY2024 (-80.3%) and FY2025 (-33.8%). Over the 5-year period from FY2021 to FY2026, revenue posted a compound annual growth rate of -11.6%. Gross margin compressed to 24.0% in FY2026 compared to 100.0% in each of the preceding four fiscal years. Operating margin remained negative at -861.7% in FY2026, narrowing from -3262.4% in FY2025. Net income was -$3.1M in FY2026, translating to diluted EPS of -$0.32, while R&D expense totaled $613,578. For the latest quarter ended June 30, 2026, quarterly revenue grew 41.9% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, Amesite held $2.3M in cash and short-term investments against total assets of $3.0M and shareholders' equity of $2.7M. The company reported a current ratio of 6.42. In FY2026, operating cash flow stood at -$2.1M and free cash flow was -$2.2M, with capital expenditures of $5,721. Amesite does not report share repurchases, and its share count grew 217.2% over the 5-year period.
Valuation and performance
At a closing price of $0.83 on October 16, 2026, Amesite trades at a price-to-sales multiple of 15.0x and an enterprise value to revenue multiple of 18.1x, which compares to a price-to-sales median of 2.8x for US-listed Technology peers. The company has a price-to-book ratio of 5.2x and an enterprise value of $6.2M. AMST shares have declined 74.2% over the past year and 96.1% over the past 5 years, underperforming the S&P 500 (SPY), which gained 16.8% and 83.0% over those respective periods.
What analysts expect
Wall Street coverage shows a mean price target of $7.00 for Amesite, representing an implied upside of 740.3% over the October 16, 2026 closing price of $0.83. The company recorded 0 EPS beats over the last 4 quarters. The next earnings date is scheduled for October 23, 2026.
Key risks and what to watch
- Cash burn remains elevated, with negative operating cash flow of -$2.1M in FY2026 against cash reserves of $2.3M.
- Gross margin fell sharply from 100.0% in FY2025 to 24.0% in FY2026.
- The stock trades at a price-to-sales multiple of 15.0x, well above the US-listed Technology peer median of 2.8x.
- Amesite delivered 0 earnings beats over the last 4 quarters, with next earnings scheduled for October 23, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AMST AI stock analysis
This page is an AI-written research summary of Amesite Inc. (AMST). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AMST income statement, AMST balance sheet, AMST key metrics, AMST chart. See the AMST stock overview for the latest quote and news.
AMST AI stock analysis FAQ
What is Amesite's business focus?
Amesite Inc. develops AI-driven platforms and course designs for online learning, serving K-12 schools, higher education institutions, non-profits, and corporate training programs.
How did Amesite perform financially in FY2026?
Amesite generated $364,777 in revenue in FY2026, an increase of 230.2% year-over-year, while posting a net income of -$3.1M and an EPS of -$0.32.
What is Amesite's cash position?
As of June 30, 2026, Amesite held $2.3M in cash and short-term investments, with a current ratio of 6.42 and capital expenditures of $5,721 during FY2026.
Does Amesite pay a dividend?
Amesite does not pay a dividend.
What are analysts forecasting for AMST stock?
Analysts maintain a mean price target of $7.00, which is 740.3% above its last close of $0.83, ahead of the next earnings date on October 23, 2026.