Tearsheet

Banzai International (BNZI)


Market Price (12/4/2025): $1.33 | Market Cap: $0.3 Mil
Sector: Information Technology | Industry: Application Software

Banzai International (BNZI)


Market Price (12/4/2025): $1.33
Market Cap: $0.3 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 108%
Weak multi-year price returns
2Y Excs Rtn is -150%, 3Y Excs Rtn is -173%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -181%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -95%
  Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 12051%
2 Megatrend and thematic drivers
Megatrends include Virtual & Hybrid Events. Themes include Virtual Event Platforms, and Digital Engagement Software.
  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -164%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -164%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30823%
4   High stock price volatility
Vol 12M is 721%
5   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 341%
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 108%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -95%
2 Megatrend and thematic drivers
Megatrends include Virtual & Hybrid Events. Themes include Virtual Event Platforms, and Digital Engagement Software.
3 Weak multi-year price returns
2Y Excs Rtn is -150%, 3Y Excs Rtn is -173%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -181%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 12051%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -164%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -164%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30823%
8 High stock price volatility
Vol 12M is 721%
9 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 341%

Valuation, Metrics & Events

BNZI Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are five key points explaining the approximate -58.7% stock movement for Banzai International (BNZI) from August 31, 2025, to December 4, 2025: 1. Disappointing Q3 2025 Financial Results

On November 14, 2025, Banzai International reported its third-quarter 2025 financial results, with revenue reaching $2.8 million. Despite representing a 163% increase year-over-year, this figure missed the consensus analyst estimate of $3.54 million. Additionally, the company's reported Earnings Per Share (EPS) of -$1.54 fell short of the consensus estimate of -$1.33, leading to an immediate drop in the stock price in aftermarket trading. 2. Widening Adjusted EBITDA Loss

The third-quarter 2025 earnings report also revealed a widening Adjusted EBITDA loss, which came in at ($2.2) million. This loss was greater than the Adjusted EBITDA loss of ($1.5) million reported in Q3 2024, signaling an increase in operational losses despite revenue growth.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
BNZI Return--4%-81%-98%-92%-100%
Peers Return13%-2%-7%5%55%836%1483%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
BNZI Win Rate-40%83%83%17%20% 
Peers Win Rate13%10%9%30%44%36% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
BNZI Max Drawdown---0%-81%-99%-96% 
Peers Max Drawdown-5%-4%-8%-15%-8%-51% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: ADSK, HIT, BMR, BTTC, CCC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventBNZIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-83.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven505.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to ADSK, HIT, BMR, BTTC, CCC


In The Past

Banzai International's stock fell -83.5% during the 2022 Inflation Shock from a high on 12/8/2023. A -83.5% loss requires a 505.9% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Banzai International (BNZI)

Better Bets than Banzai International (BNZI)

Trade Ideas

Select past ideas related to BNZI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.9%0.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.8%0.8%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.3%3.3%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.1%5.1%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
4.0%4.0%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.9%0.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.8%0.8%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.3%3.3%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
5.1%5.1%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
4.0%4.0%0.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Banzai International

Peers to compare with:

Financials

BNZIADSKHITBMRBTTCCCCMedian
NameBanzai I.Autodesk Health I.Beamr Im.Black Ti.CCC Inte. 
Mkt Price1.37307.241.292.223.427.562.82
Mkt Cap0.065.40.1---0.1
Rev LTM96,60527-21,02627
Op Inc LTM-161,5151--0651
FCF LTM-151,8471--255128
FCF 3Y Avg-1,704---216960
CFO LTM-151,9254--310157
CFO 3Y Avg-1,775---2711,023

Growth & Margins

BNZIADSKHITBMRBTTCCCCMedian
NameBanzai I.Autodesk Health I.Beamr Im.Black Ti.CCC Inte. 
Rev Chg LTM107.9%13.8%29.7%--10.6%21.7%
Rev Chg 3Y Avg-11.7%---10.2%11.0%
Rev Chg Q205.4%17.1%86.2%--12.0%51.7%
QoQ Delta Rev Chg LTM32.1%4.1%19.3%--2.9%11.7%
Op Mgn LTM-180.7%22.9%5.0%--3.8%6.3%5.0%
Op Mgn 3Y Avg-21.5%---6.9%14.2%
QoQ Delta Op Mgn LTM38.6%0.8%-0.1%---0.1%0.4%
CFO/Rev LTM-163.9%29.1%13.5%--30.2%21.3%
CFO/Rev 3Y Avg-30.7%---29.0%29.9%
FCF/Rev LTM-163.9%28.0%4.9%--24.9%14.9%
FCF/Rev 3Y Avg-29.5%---23.1%26.3%

Valuation

BNZIADSKHITBMRBTTCCCCMedian
NameBanzai I.Autodesk Health I.Beamr Im.Black Ti.CCC Inte. 
Mkt Cap0.065.40.1---0.1
P/S0.010.01.8---1.8
P/EBIT-0.046.724.6---24.6
P/E-0.063.235.8---35.8
P/CFO-0.034.313.5---13.5
Total Yield-30,818.3%1.6%2.8%---1.6%
Dividend Yield0.0%0.0%0.0%---0.0%
FCF Yield 3Y Avg-3.3%----3.3%
D/E140.50.00.0---0.0
Net D/E120.50.0-0.2---0.0

Returns

BNZIADSKHITBMRBTTCCCCMedian
NameBanzai I.Autodesk Health I.Beamr Im.Black Ti.CCC Inte. 
1M Rtn-24.7%1.2%-52.2%-12.3%-3.1%-13.3%-12.8%
3M Rtn-53.2%-3.2%-53.8%-20.1%-14.5%-64.8%-36.7%
6M Rtn-86.1%3.0%104.0%-30.6%-14.5%-64.8%-22.6%
12M Rtn-90.4%2.8%--27.5%4,785.7%-64.8%-27.5%
3Y Rtn-100.0%52.8%--3,320.0%-64.8%-6.0%
1M Excs Rtn-24.7%1.2%-52.2%-12.2%-3.1%-13.3%-12.7%
3M Excs Rtn-56.6%-9.3%-59.4%-23.1%-19.8%-70.2%-39.9%
6M Excs Rtn-100.8%-11.7%89.3%-45.3%-29.2%-79.6%-37.3%
12M Excs Rtn-104.5%-8.3%--45.7%4,643.1%-78.4%-45.7%
3Y Excs Rtn-172.8%-15.5%--3,299.3%-137.6%-76.6%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity652,460
Short Interest: % Change Since 1031202514.6%
Average Daily Volume588,676
Days-to-Cover Short Interest1.11
Basic Shares Quantity191,127
Short % of Basic Shares341.4%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025814202510-Q 6/30/2025
3312025515202510-Q 3/31/2025
12312024415202510-K 12/31/2024
93020241114202410-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024515202410-Q 3/31/2024
12312023401202410-K 12/31/2023
1231202211132023424B3 12/31/2022