Core AI (CHAI)
Market Price (12/18/2025): $2.25 | Market Cap: $44.8 MilSector: Communication Services | Industry: Interactive Media & Services
Core AI (CHAI)
Market Price (12/18/2025): $2.25Market Cap: $44.8 MilSector: Communication ServicesIndustry: Interactive Media & Services
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
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. | Key risksCHAI key risks include [1] an unproven business model with unclear core operations, Show more. |
| Megatrend and thematic driversMegatrends include Artificial Intelligence. Themes include AI Software Platforms. |
| Key risksCHAI key risks include [1] an unproven business model with unclear core operations, Show more. |
Valuation, Metrics & Events
CHAI Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
For Core AI (CHAI), from its public debut on October 7, 2025, to December 18, 2025, the stock generally experienced a downward trend. Key factors contributing to its movement include:
1. Public Market Debut and Strategic Transformation
Core AI Holdings (CHAI) commenced trading on the Nasdaq Capital Market on October 7, 2025, following a reverse merger with Siyata Mobile. This event marked a strategic pivot for the company, rebranding with a focus on AI-driven mobile gaming and AI applications. The valuation of Core Gaming at $160 million in the all-stock deal established initial market expectations for the newly formed entity.
2. Ambitious Global AI Data Center Initiative
On November 13, 2025, Core AI unveiled a significant $5 billion global initiative to establish vertically integrated AI data centers. The company announced plans to develop these centers in emerging markets such as Malaysia and Uzbekistan and indicated it would seek external funding for this expansion. This strategic move signified a considerable broadening of its technological capabilities and market presence beyond its core gaming and app businesses.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CHAI Return | � | � | � | � | � | � | � |
| Peers Return | � | 24% | -48% | 81% | 82% | 54% | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| CHAI Win Rate | � | � | � | � | � | 0% | |
| Peers Win Rate | 58% | 58% | 30% | 67% | 57% | 57% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| CHAI Max Drawdown | � | � | � | � | � | � | |
| Peers Max Drawdown | � | -14% | -53% | -6% | -13% | -18% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: PLTR, MSFT, GOOGL, AMZN, SNOW.
[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 12/17/2025 (YTD)
How Low Can It Go
CHAI has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.
| Event | XLC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -47.2% | -25.4% |
| % Gain to Breakeven | 89.5% | 34.1% |
| Time to Breakeven | 602 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -30.1% | -33.9% |
| % Gain to Breakeven | 43.2% | 51.3% |
| Time to Breakeven | 112 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.8% | -19.8% |
| % Gain to Breakeven | 32.9% | 24.7% |
| Time to Breakeven | 326 days | 120 days |
Compare to
In The Past
The Communication Services Select Sector SPDR Fund's stock fell -47.2% during the 2022 Inflation Shock from a high on 9/1/2021. A -47.2% loss requires a 89.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Trade Ideas
Select past ideas related to CHAI. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -1.4% | |
| 11212025 | TMUS | T-Mobile US | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -5.0% | -5.0% | -6.4% |
| 11212025 | Z | Zillow | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -3.9% |
| 11072025 | IRDM | Iridium Communications | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.3% | 1.3% | -5.6% |
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -28.9% | -28.9% | -29.8% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | PINS | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.3% | -1.3% | -1.4% | |
| 11212025 | TMUS | T-Mobile US | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -5.0% | -5.0% | -6.4% |
| 11212025 | Z | Zillow | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -1.5% | -1.5% | -3.9% |
| 11072025 | IRDM | Iridium Communications | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 1.3% | 1.3% | -5.6% |
| 10032025 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -28.9% | -28.9% | -29.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Core AI
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 218.78 |
| Mkt Cap | 2,353.6 |
| Rev LTM | 293,812 |
| Op Inc LTM | 76,190 |
| FCF LTM | 13,481 |
| FCF 3Y Avg | 21,677 |
| CFO LTM | 121,137 |
| CFO 3Y Avg | 96,977 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.6% |
| Rev Chg 3Y Avg | 13.2% |
| Rev Chg Q | 18.4% |
| QoQ Delta Rev Chg LTM | 4.3% |
| Op Mgn LTM | 21.8% |
| Op Mgn 3Y Avg | 12.4% |
| QoQ Delta Op Mgn LTM | 0.6% |
| CFO/Rev LTM | 39.3% |
| CFO/Rev 3Y Avg | 35.3% |
| FCF/Rev LTM | 19.1% |
| FCF/Rev 3Y Avg | 21.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2,353.6 |
| P/S | 13.1 |
| P/EBIT | 28.5 |
| P/E | 33.1 |
| P/CFO | 26.2 |
| Total Yield | 3.0% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.7% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -2.1% |
| 3M Rtn | -0.8% |
| 6M Rtn | 4.1% |
| 12M Rtn | 26.6% |
| 3Y Rtn | 151.8% |
| 1M Excs Rtn | -2.8% |
| 3M Excs Rtn | -4.0% |
| 6M Excs Rtn | -8.3% |
| 12M Excs Rtn | 17.9% |
| 3Y Excs Rtn | 75.9% |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |