AtlasClear Holdings, Inc. (ATCH) AI Stock Analysis
ATCH AI stock analysis summary
AI ResearchAtlasClear Holdings, Inc. is a financial services company providing securities dealing, back and middle office solutions, and technical services. For the trailing twelve months ending June 30, 2026, the company generated $20.1M in revenue with a quarterly revenue growth rate of 136.8%. However, operating margin remains negative at -39.4% alongside an operating cash flow of -$189,753 in FY2025.
- Market cap
- $25.3M
- Revenue (TTM)
- $20.1M
- P/E
- 8.3x
- 1Y return
- -55.9% S&P 500 16.8%
- Avg. target
- $1.00 498.8% vs last close
Bull case
- Quarterly revenue grew 136.8% year-over-year for the period ending June 30, 2026, lifting trailing twelve months revenue to $20.1M.
- AtlasClear maintains a solid liquidity cushion with $23.0M in net cash and only $128,164 in total debt.
- The stock trades at an EV/EBITDA of 2.8x, well below the US-listed Financial Services peer median of 11.7x.
Bear case
- Operating margins remain negative at -34.2% in FY2025 and -39.4% over the trailing twelve months.
- The company continued to generate negative free cash flow of -$189,757 in FY2025 alongside a 5-year share count increase of 26273.1%.
- AtlasClear shares fell 55.9% over the past year and 100.0% over 5 years, severely lagging broader market indexes.
What AtlasClear does
AtlasClear Holdings, Inc. engages in dealing of over-the-counter listed securities. It also engages in the provision of back and middle office solutions, as well as technical services designed to support mission-critical functions needed to run a modern financial services company. Based in Tampa, Florida, the company operates within the capital markets industry in the financial services sector and employs 51 people.
Growth and profitability
AtlasClear's annual revenue moved from $13.3M in FY2021 down to $9.1M in FY2022 and $4.0M in FY2023, before rebounding to $10.9M in FY2024 and $14.6M in FY2025, a growth of 34.7%. Gross margin improved to 77.6% in FY2025 compared to 23.9% in FY2024. Operating margin was -34.2% in FY2025, an improvement from -387.9% in FY2023. In FY2025, net income reached $1.8M with a net margin of 12.1% and an EPS of -$9.37. For the trailing twelve months ending June 30, 2026, revenue totaled $20.1M, with latest quarterly revenue growth of 136.8% year-over-year, an operating margin of -39.4%, and an EPS of $0.02.
Balance sheet and cash flow
As of June 30, 2026, AtlasClear held $23.1M in cash and short-term investments against total debt of $128,164, resulting in net cash of $23.0M. The company reported a current ratio of 1.56, shareholders' equity of $21.1M, and a debt-to-equity ratio of 0.01. Operating cash flow in FY2025 was -$189,753, with free cash flow of -$189,757 and capital expenditures of $4. Over five years, the company's share count expanded by 26273.1%.
Valuation and performance
At a last close of $0.17 on October 16, 2026, AtlasClear had a market cap of $25.3M and an enterprise value of $28.1M. The stock trades at a trailing P/E of 8.3x, below the median of 12.1x for its US-listed Financial Services peers. Its EV/EBITDA of 2.8x is also lower than the peer median of 11.7x, while its price-to-sales ratio is 1.3x compared to the peer median of 3.2x. Over the past year, the stock fell 55.9%, trailing the S&P 500 return of 16.8%. Over 5 years, the stock fell 100.0% compared to an 83.0% gain for the benchmark.
What analysts expect
Wall Street coverage includes 1 StrongBuy rating, 0 Buy, 0 Hold, 0 Sell, and 0 StrongSell ratings. The mean price target is $1.00, representing an upside of 498.8% from the last close of $0.17. For the current fiscal year ending June 30, 2027, the consensus revenue estimate is $26.5M and the EPS estimate is -$0.06, reflecting EPS growth of 41.2%. The revenue estimate for the next fiscal year is $0. The next earnings date is November 12, 2026.
Key risks and what to watch
- AtlasClear has experienced extreme historical net losses, including a net income loss of -$120.1M in FY2023.
- Despite positive FY2025 net income of $1.8M, operating cash flow remained in deficit at -$189,753.
- The stock trades at $0.17, which is 23.2% below its 200-day moving average and near its 52-week low of $0.16.
- Analysts estimate an EPS of -$0.06 for the fiscal year ending June 30, 2027, projecting continued annual losses.
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 ATCH AI stock analysis
This page is an AI-written research summary of AtlasClear Holdings, Inc. (ATCH). 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: ATCH income statement, ATCH balance sheet, ATCH key metrics, ATCH analyst forecast, ATCH chart. See the ATCH stock overview for the latest quote and news.
ATCH AI stock analysis FAQ
What does AtlasClear Holdings do?
AtlasClear Holdings, Inc. deals in over-the-counter listed securities and provides back and middle office solutions as well as technical services for financial institutions.
What is AtlasClear's cash and debt position?
As of June 30, 2026, the company held $23.1M in cash and short-term investments against $128,164 in total debt, leaving net cash at $23.0M.
Does AtlasClear pay a dividend?
AtlasClear does not pay a dividend.
What are analysts forecasting for ATCH stock?
The single covering analyst assigns a StrongBuy rating with a mean price target of $1.00, representing 498.8% upside over the $0.17 close. For the fiscal year ending June 30, 2027, analysts estimate revenue of $26.5M and an EPS of -$0.06.
When is AtlasClear's next earnings report?
The company's next earnings date is scheduled for November 12, 2026.