FreeCast, Inc. (CAST) AI Stock Analysis
CAST AI stock analysis summary
AI ResearchFreeCast, Inc. (CAST) is a digital media guide company that aggregates streaming entertainment media for consumers and device manufacturers. The company generated $710,882 in revenue for FY2026 while reporting a net loss of -$24.5M and negative free cash flow of -$10.1M. With a market capitalization of $49.7M, the stock trades at an elevated price-to-sales ratio of 70.0x.
- Market cap
- $49.7M
- Revenue (TTM)
- $710,882
- P/E
- —
- 1Y return
- — S&P 500 16.8%
- Avg. target
- $6.00 512.2% vs last close
Bull case
- Gross margin improved significantly to 79.6% in FY2026, up from 33.7% in FY2024.
- The company closed FY2026 with net cash of $8.6M and low total debt of $288,836.
- Consensus analyst estimates project revenue to expand from $710,882 in FY2026 to $3.0M in FY2027 and $47.5M in the following fiscal year.
Bear case
- The business remains deeply unprofitable, posting a net loss of -$24.5M in FY2026.
- Free cash flow was negative at -$10.1M in FY2026, exceeding its cash balance of $8.9M.
- The stock trades at an elevated valuation of 70.0x price-to-sales compared to the peer median of 0.8x.
What FreeCast does
FreeCast, Inc. develops and markets an interactive digital media guide that facilitates access to a virtual library of entertainment media in the United States. Its primary offerings include SmartGuide and Select TV, utilizing proprietary technology that aggregates internet-distributed streaming media into an electronic guide. FreeCast licenses SmartGuide to device brands and manufacturers with online user bases, and sells Select TV via retail packages through monthly and annual subscriptions. The company also provides ad platform and agency services, along with free ad-supported streaming TV channel buildouts including post-production editing, motion graphic channel assembly, and content acquisitions.
Growth and profitability
Revenue increased from $303,217 in FY2022 to $710,882 in FY2026, delivering a 3-year revenue CAGR of 32.8%. In FY2026, revenue rose 40.0% year-over-year, and gross margin expanded to 79.6% compared to 33.7% in FY2024 and 56.6% in FY2023. However, operating losses remain substantial, with an operating margin of -1783.5% in FY2026 and net income of -$24.5M, down from -$12.4M in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue growth was 68.0% year-over-year, while trailing twelve months operating margin stood at -749.7% with an EPS of -$0.62.
Balance sheet and cash flow
As of June 30, 2026, FreeCast held $8.9M in cash and short-term investments against total debt of $288,836, resulting in net cash of $8.6M. Shareholders' equity was $2.3M alongside total assets of $9.9M, with a current ratio of 1.26 and a debt-to-equity ratio of 0.13. For FY2026, operating cash flow was -$10.0M and free cash flow was -$10.1M. Capital expenditures were modest at $23,199, while the company reported dividends paid of $11.4M.
Valuation and performance
At the last close of $0.98 on October 16, 2026, FreeCast had an enterprise value of $68.6M and a market capitalization of $49.7M. The stock trades at a price-to-sales multiple of 70.0x and an EV-to-revenue multiple of 121.4x, well above the median of its US-listed Communication Services peers of 0.8x price-to-sales. FreeCast's 52-week trading range spans from $0.50 to $33.00, while the S&P 500 (SPY) delivered returns of 16.8% over one year and 83.0% over five years.
What analysts expect
Wall Street coverage includes 1 analyst rating, categorized as Buy, with no Strong Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $6.00, representing an upside of 512.2% over the last close of $0.98. For the current fiscal year ending June 30, 2027, the consensus estimates an EPS of -$0.22 on revenue of $3.0M. For the next fiscal year, 1 analyst projects revenue of $47.5M and an EPS of $0.12.
Key risks and what to watch
- Trailing twelve months operating margin stands at -749.7%, highlighting ongoing structural losses.
- The share price has experienced extreme volatility, dropping from a 52-week high of $33.00 to a low of $0.50.
- Annual free cash flow burn of -$10.1M threatens to deplete the $8.9M cash balance without external capital or operating improvement.
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 CAST AI stock analysis
This page is an AI-written research summary of FreeCast, Inc. (CAST). 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: CAST income statement, CAST balance sheet, CAST key metrics, CAST analyst forecast, CAST chart. See the CAST stock overview for the latest quote and news.
CAST AI stock analysis FAQ
What does FreeCast do?
FreeCast develops and markets interactive digital media guides, such as SmartGuide and Select TV, which aggregate online streaming media into a unified electronic guide for consumers and partner hardware manufacturers.
What is FreeCast's current revenue and profitability?
In FY2026, FreeCast generated $710,882 in revenue and recorded a net loss of -$24.5M, equivalent to an EPS of -$0.45.
Does FreeCast carry significant debt?
No, FreeCast carried total debt of $288,836 as of June 30, 2026, offset by $8.9M in cash and short-term investments, resulting in net cash of $8.6M.
What are analysts predicting for FreeCast's future growth?
The single analyst covering the stock models revenue growing to $3.0M in the fiscal year ending June 30, 2027, and reaching $47.5M with an EPS of $0.12 in the following fiscal year.