LightInTheBox Holding Co., Ltd. (LITB) AI Stock Analysis

NYSE: LITBAI research summary: business, growth, valuation, analysts, bull and bear case.

LITB AI stock analysis summary

AI Research

LightInTheBox Holding Co., Ltd. is a global cross-border e-commerce retailer that delivers apparel and general merchandise directly to consumers worldwide. While the company achieved positive net income of $8.3M in FY2025 alongside a 65.0% gross margin, top-line revenue has contracted from $629.4M in FY2023 to $224.9M in FY2025. Additionally, the company carries negative shareholders' equity of -$1.0M and a low current ratio of 0.42 as of June 30, 2026.

Market cap
$55.2M
Revenue (TTM)
$227.2M
P/E
5.8x
fwd 526.3x
1Y return
20.2%
S&P 500 16.8%
Avg. target
$5.49
96.1% vs last close

Bull case

  • Gross margin reached 65.0% in FY2025, continuing an upward trend from 46.3% in FY2021.
  • The balance sheet maintains net cash of $13.8M with cash and short-term investments of $17.5M exceeding total debt of $3.7M.
  • The single covering analyst projects a mean price target of $5.49, implying 96.1% upside above the $2.80 closing price.

Bear case

  • Revenue decreased from $629.4M in FY2023 to $224.9M in FY2025, contributing to a 5-year revenue CAGR of -10.8%.
  • Shareholders' equity remains negative at -$1.0M alongside a current ratio of 0.42 as of June 30, 2026.
  • Earnings momentum weakened in the latest quarter ended June 30, 2026, with quarterly earnings falling 20.3% year-over-year.

What LightInTheBox does

LightInTheBox Holding Co., Ltd. operates as a global cross-border e-commerce platform that directly delivers customized, special occasion, and fast fashion apparel as well as general merchandise to customers globally. Its product categories include accessories, gadgets, home and garden goods, toys, hobbies, electronics, and communication devices. The company also provides integrated services covering supply chain management, research and development, marketing, customer support, logistics, warehouse management, and local delivery. Operating primary platforms such as www.lightinthebox.com, www.miniinthebox.com, and www.ezbuy.com, its websites and mobile apps support 25 languages and serve approximately 140 countries and regions.

Growth and profitability

Revenue contracted sharply in recent years, falling 59.4% in FY2024 to $255.3M and declining 11.9% in FY2025 to $224.9M, following peak sales of $629.4M in FY2023. This resulted in a 5-year revenue CAGR of -10.8% from FY2020 to FY2025. Despite lower sales volume, gross margin expanded steadily from 46.3% in FY2021 to 65.0% in FY2025. Profitability improved in FY2025, generating net income of $8.3M and diluted EPS of $0.45, compared to a net loss of $2.5M in FY2024. For the latest quarter ended June 30, 2026, revenue fell 3.5% year-over-year, while quarterly earnings dropped 20.3%. Trailing twelve month revenue stands at $227.2M with a net profit margin of 3.9%.

LITB income statement →

Balance sheet and cash flow

As of June 30, 2026, LightInTheBox held $17.5M in cash and short-term investments against total debt of $3.7M, yielding net cash of $13.8M. Total assets stood at $63.5M. The balance sheet shows negative shareholders' equity of -$1.0M, paired with a current ratio of 0.42. During FY2025, the business generated $6.2M in operating cash flow and free cash flow. Capital allocation in FY2025 included $42,000 for capital expenditures and $724,000 for share buybacks.

LITB balance sheet →

Valuation and performance

LightInTheBox trades at a trailing price-to-earnings multiple of 5.8x, well below the 18.0x median of its US-listed Consumer Cyclical peers. Its enterprise value to EBITDA ratio is 5.5x, compared to the peer median of 11.1x, and its price-to-sales ratio is 0.2x versus the peer median of 0.7x. However, its forward P/E is elevated at 526.3x versus the peer median of 14.1x. Over the past year, the stock returned 20.2%, outpacing the S&P 500 (SPY) return of 16.8%, though its 5-year return of -72.4% trails the index return of 83.0%.

LITB key metrics →

What analysts expect

One analyst covers the company with a mean price target of $5.49, representing upside of 96.1% compared to the last close of $2.80. Consensus estimates project revenue of $234.1M and EPS of $0.51 for the fiscal year ending December 31, 2026. For the next fiscal year, estimates project revenue of $243.0M, reflecting 3.8% revenue growth, and EPS of $0.59, representing 15.7% earnings growth. The company's next earnings date is scheduled for November 11, 2026.

LITB forecast and price target →

Key risks and what to watch

  • A current ratio of 0.42 indicates short-term assets may not adequately cover short-term liabilities.
  • Shareholders' equity is negative at -$1.0M, reflecting cumulative historical deficits.
  • Forward P/E stands at 526.3x, presenting valuation risk relative to the peer group median of 14.1x.
  • Quarterly revenue growth declined 3.5% year-over-year in the quarter ended June 30, 2026, signaling ongoing top-line pressure.

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 LITB AI stock analysis

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

LITB AI stock analysis FAQ

Does LightInTheBox pay a dividend?

No, LightInTheBox does not currently pay a dividend.

What is LightInTheBox's net cash position?

As of June 30, 2026, the company held $17.5M in cash and short-term investments and $3.7M in total debt, resulting in a net cash position of $13.8M.

What are analysts forecasting for LITB's upcoming earnings and sales?

For the fiscal year ending December 31, 2026, estimates project revenue of $234.1M and EPS of $0.51. For the following fiscal year, analysts expect revenue of $243.0M and EPS of $0.59.

When is LightInTheBox's next earnings report date?

LightInTheBox is scheduled to report its next financial results on November 11, 2026.

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