Genasys Inc. (GNSS) AI Stock Analysis
GNSS AI stock analysis summary
AI ResearchGenasys Inc. (GNSS) is a critical communications company providing long-range acoustic hardware and public warning software solutions. Over the trailing twelve months, the company generated $56.9M in revenue with an operating margin of -58.5% and diluted EPS of -$0.14. As of June 30, 2026, Genasys carries net debt of $18.6M and negative shareholders' equity of -$1.3M.
- Market cap
- $60.6M
- Revenue (TTM)
- $56.9M
- P/E
- — fwd 12.5x
- 1Y return
- -37.6% S&P 500 16.8%
- Avg. target
- $3.87 190.7% vs last close
Bull case
- Revenue rebounded 69.8% in FY2025 to $40.8M after falling to $24.0M in FY2024.
- Analysts project next fiscal year EPS to reach $0.12, reflecting expected earnings growth of 250.0%.
- All 3 analyst recommendations are Strong Buy, with a mean price target of $3.87 that stands 190.7% above the last close.
Bear case
- The company generated negative free cash flow of -$9.0M in FY2025 and holds negative shareholders' equity of -$1.3M as of June 30, 2026.
- Operating margin stood at -58.5% over the trailing twelve months, alongside a return on equity of -672.0%.
- Quarterly revenue fell 26.0% and quarterly earnings dropped 92.4% year-over-year in the quarter ended June 30, 2026.
What Genasys does
Genasys Inc. is a global provider of critical communications solutions that enhance public safety and emergency response capabilities. The company operates through two segments: Hardware and Software. Its Hardware segment manufactures long range acoustic devices, including acoustic hailing devices designed to project sirens and audible voice instructions over long distances during crises. Its Software segment offers Genasys Emergency Management (GEM) software to support National Emergency Warning Systems through mobile carrier networks. The company also delivers Integrated Mass Notification Systems that pair GEM software with acoustic hardware to broadcast multi-channel emergency messages across emails, voice calls, text messages, and social media for government, military, and commercial clients worldwide.
Growth and profitability
Genasys experienced a 5-year revenue CAGR of -1.1% from FY2020 to FY2025. In FY2021, revenue of $47.0M produced net income of $704,000, but results turned negative in FY2022 with net income of -$16.2M on revenue of $54.0M. Revenue subsequently fell 13.6% in FY2023 to $46.7M and dropped 48.6% in FY2024 to $24.0M, with net margin reaching -132.2%. Revenue rebounded 69.8% in FY2025 to $40.8M, though net income remained negative at -$18.1M and gross margin stood at 41.6%. Over the trailing twelve months, revenue reached $56.9M with a profit margin of -10.9%. For the latest quarter ended June 30, 2026, quarterly revenue fell 26.0% year-over-year, while quarterly earnings dropped 92.4%.
Balance sheet and cash flow
As of June 30, 2026, Genasys held cash and short-term investments of $3.1M against total debt of $21.7M, resulting in net debt of $18.6M. Total assets stood at $58.3M, and shareholders' equity was -$1.3M. The company recorded a current ratio of 0.76. In FY2025, operating cash flow was -$8.8M and free cash flow was -$9.0M, with capital expenditures of $255,000. Over the past five years, the company's share count increased by 24.9%.
Valuation and performance
Genasys trades at a price-to-sales multiple of 1.1x and an EV-to-revenue multiple of 1.5x, compared to a median price-to-sales multiple of 2.8x for US-listed Technology peers. With a market capitalization of $60.6M and an enterprise value of $86.9M, its EV-to-EBITDA ratio is 128.6x, compared to the peer median of 16.6x. The forward P/E multiple is 12.5x, below the peer median forward P/E of 18.8x, while the price-to-book ratio is 25.6x. Over the past year, the stock fell 37.6%, underperforming the 16.8% return of SPY.
What analysts expect
Wall Street analyst coverage shows 3 Strong Buy ratings, 0 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The mean price target is $3.87, representing an upside of 190.7% from the last close of $1.33 on October 16, 2026. For the current fiscal year ending September 30, 2026, consensus estimates project revenue of $57.0M and EPS of -$0.08. Over the last four quarters, Genasys beat EPS estimates 1 time. The next earnings date is December 8, 2026.
Key risks and what to watch
- Liquidity is constrained, with cash and short-term investments of $3.1M against total debt of $21.7M and a current ratio of 0.76 as of June 30, 2026.
- Ongoing cash burn has driven dilution, as the company's share count increased 24.9% over five years.
- Genasys beat consensus earnings estimates in only 1 of the last 4 quarters, presenting execution risk against analyst targets.
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 GNSS AI stock analysis
This page is an AI-written research summary of Genasys Inc. (GNSS). 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: GNSS income statement, GNSS balance sheet, GNSS key metrics, GNSS analyst forecast, GNSS chart. See the GNSS stock overview for the latest quote and news.
GNSS AI stock analysis FAQ
Does Genasys pay a dividend?
No, Genasys does not pay a dividend.
What is Genasys's debt and cash position?
As of June 30, 2026, Genasys had $3.1M in cash and short-term investments and $21.7M in total debt, resulting in net debt of $18.6M. Its current ratio was 0.76, and shareholders' equity was -$1.3M.
What are analysts forecasting for Genasys's future earnings?
For the current fiscal year ending September 30, 2026, analysts estimate EPS of -$0.08 on revenue of $57.0M. For the next fiscal year, 2 analysts expect revenue to rise 13.0% to $64.4M with EPS of $0.12.
How has Genasys stock performed recently?
As of October 16, 2026, Genasys shares closed at $1.33, down 38.0% year-to-date and 37.6% over the trailing one-year period.