Aterian, Inc. (ATER) AI Stock Analysis

Aterian, Inc. operates as a technology-driven consumer products business serving markets across North America and internationally. The company leverages its proprietary Artificial Intelligence Marketplace e-Commerce Engine, an analytics platform combining machine learning and natural language processing, to develop, market, and distribute consumer goods. Its merchandise spans home and kitchen appliances, heating and cooling units, health and beauty items, and air quality solutions. Portfolio brands include hOmeLabs, Vremi, Squatty Potty, Xtava, and RIF6, alongside wellness products such as essential oils. Aterian distributes primarily direct to consumers through prominent e-commerce channels like Amazon, third-party marketplaces, and owned websites.

Aterian experienced substantial top-line contraction over recent periods, posting a 5-year revenue CAGR of -18.0% from FY2020 to FY2025. Annual revenue decreased from $247.8M in FY2021 to $221.2M in FY2022, $142.6M in FY2023, $99.0M in FY2024, and $69.0M in FY2025. Over the same timeframe, net income shifted from -$236.0M in FY2021 to -$11.9M in FY2024 before widening to -$19.0M in FY2025, when operating margin stood at -17.8%. For the latest quarter ended June 30, 2026, quarterly revenue fell 92.0% year-over-year, contributing to trailing twelve-month revenue of $68.8M and an EPS of -$2.07.

As of June 30, 2026, Aterian held $2.5M in cash and short-term investments against total debt of $38,000, resulting in net cash of $2.5M. Total assets stood at $23.5M alongside shareholders' equity of $12.6M, yielding a current ratio of 2.13 and a debt-to-equity ratio of 0.00. In FY2025, operating cash flow was -$10.9M, while free cash flow stood at -$10.9M after capital expenditures of $51,000. Additionally, the company recorded a 5-year share count change of 119.1%.

Aterian carries a market capitalization of $145.8M and an enterprise value of $8.9M. The stock trades at a forward P/E of 178.6x and a price-to-sales ratio of 2.1x, compared to the median of its US-listed Consumer Cyclical peers of 14.1x and 0.7x, respectively. Its price-to-book ratio is 0.9x and EV-to-revenue stands at 0.1x. Over the past year, shares fell 45.0% compared to a 16.8% gain for the S&P 500 (SPY), while its 5-year return sits at -99.4% versus an 83.0% gain for the benchmark.

Wall Street analysts track Aterian heading into its next earnings date on November 12, 2026. The mean price target is $8.00, representing a 1326.0% premium over the last close of $0.56 on October 16, 2026. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $75.1M, followed by $80.4M in the next fiscal year, reflecting anticipated growth of 7.0%. Over the trailing four quarters, the company delivered 2 earnings-per-share beats against expectations.

This page is an AI-written research summary of Aterian, Inc. (ATER). 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: ATER income statement, ATER balance sheet, ATER key metrics, ATER analyst forecast, ATER chart. See the ATER stock overview for the latest quote and news.