Eastman Kodak Company (KODK) AI Stock Analysis
KODK AI stock analysis summary
AI ResearchEastman Kodak Company is a provider of hardware, software, consumables, and services across printing, packaging, and advanced materials. In FY2025, revenue was $1.07B with a net loss of $128.0M, though the company generated $446.0M in free cash flow. For the trailing twelve months, revenue stands at $1.14B with net cash of $169.0M as of June 30, 2026.
- Market cap
- $866.5M
- Revenue (TTM)
- $1.14B
- P/E
- — fwd 12.4x
- 1Y return
- 34.3% S&P 500 16.8%
- Avg. target
- $12.00 35.6% vs last close
Bull case
- Free cash flow surged to $446.0M in FY2025, supported by $480.0M in operating cash flow.
- The balance sheet maintains net cash of $169.0M with a healthy current ratio of 2.91 as of June 30, 2026.
- Kodak trades at a forward P/E of 12.4x and EV-to-EBITDA of 10.7x, both below the US-listed Industrials peer medians of 17.2x and 13.9x.
Bear case
- The company reported a net loss of $128.0M in FY2025, accompanied by an operating margin of -12.0%.
- Over the trailing twelve months, return on equity is -13.0% and EPS sits at -$1.38.
- Five-year revenue CAGR through FY2025 is modest at 0.8%, while the share count expanded 11.4% over five years.
What Eastman Kodak does
Eastman Kodak Company, based in Rochester, New York, delivers hardware, software, consumables, and services for commercial print, packaging, publishing, manufacturing, and entertainment. The company operates through four segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. Traditional Printing offers digital offset plate and computer-to-plate imaging solutions. Digital Printing provides electrophotographic solutions such as ASCEND and NEXFINITY printers, alongside PROSPER presses and PRINERGY workflow software. The Advanced Materials and Chemicals segment provides industrial film, chemicals, motion picture products, and functional printing materials, supported by Kodak Research Laboratories. The Brand segment licenses the Kodak brand to third parties worldwide.
Growth and profitability
Kodak's revenue increased from $1.15B in FY2021 to $1.21B in FY2022, before dropping to $1.12B in FY2023 and $1.04B in FY2024. In FY2025, revenue rose 2.5% to $1.07B, achieving a 5-year revenue CAGR of 0.8%. Gross margin expanded from 14.3% in FY2021 to 21.7% in FY2025. However, FY2025 operating margin dropped to -12.0%, and net income fell to -$128.0M (EPS of -$1.68) compared to $102.0M in FY2024. For the trailing twelve months ended June 30, 2026, revenue was $1.14B, with a profit margin of -8.3% and EPS of -$1.38. In the quarter ended June 30, 2026, quarterly revenue grew 18.3% year-over-year, while quarterly earnings declined 4.1%.
Balance sheet and cash flow
As of June 30, 2026, Kodak held $317.0M in cash and short-term investments against total debt of $148.0M, resulting in net cash of $169.0M. Shareholders' equity was $623.0M on total assets of $1.53B. The company maintains a current ratio of 2.91 and a debt-to-equity ratio of 0.24. In FY2025, operating cash flow reached $480.0M and free cash flow was $446.0M. Cash deployment in FY2025 included $34.0M in capital expenditures, $7.0M in share buybacks, and $2.0M in dividends paid, while the 5-year share count increased 11.4%.
Valuation and performance
Kodak trades at a forward P/E of 12.4x, which is below the median of its US-listed Industrials peers of 17.2x. Its enterprise value to revenue sits at 0.8x and price-to-sales is 0.8x, compared to the peer median price-to-sales of 1.5x. EV-to-EBITDA stands at 10.7x against the peer median of 13.9x. The stock has gained 34.3% over the past year, outperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year period, Kodak is up 26.2%, trailing the S&P 500 return of 83.0%.
What analysts expect
Wall Street analysts hold a mean price target of $12.00 for Kodak, representing an upside of 35.6% from its last close of $8.85 on October 16, 2026. The revenue estimate for the current fiscal year ending December 31, 2026, is listed at $0. The company's next scheduled earnings date is November 5, 2026.
Key risks and what to watch
- Operating profitability remains volatile, swinging from an operating margin of 0.4% in FY2023 to -12.0% in FY2025.
- The stock carries elevated market sensitivity, evidenced by a beta of 1.57.
- Quarterly earnings fell 4.1% year-over-year in the latest quarter ended June 30, 2026, despite revenue expanding 18.3%.
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 KODK AI stock analysis
This page is an AI-written research summary of Eastman Kodak Company (KODK). 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: KODK income statement, KODK balance sheet, KODK key metrics, KODK analyst forecast, KODK chart. See the KODK stock overview for the latest quote and news.
KODK AI stock analysis FAQ
What is Eastman Kodak's net cash position?
As of June 30, 2026, Eastman Kodak held $317.0M in cash and short-term investments against $148.0M in total debt, yielding a net cash position of $169.0M.
How does Kodak's valuation compare to its sector peers?
Kodak trades at a forward P/E of 12.4x and an EV-to-EBITDA of 10.7x, which are both lower than the median of its US-listed Industrials peers of 17.2x and 13.9x, respectively.
What is the consensus analyst price target for KODK?
The mean analyst price target is $12.00, which sits 35.6% above the last closing price of $8.85 on October 16, 2026.
Did Eastman Kodak generate positive cash flow in FY2025?
Yes, in FY2025 Kodak delivered $480.0M in operating cash flow and $446.0M in free cash flow, after accounting for $34.0M in capital expenditures.