House of Doge (HODO)
Market Price (7/10/2026): $1.45 | Market Cap: $-Sector: Information Technology | Industry: Application Software
House of Doge (HODO)
Market Price (7/10/2026): $1.45Market Cap: $-Sector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Crypto & Blockchain, Digital & Alternative Assets, and Fintech & Digital Payments. Themes include Cryptocurrency Exchanges, Show more. | Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -115% | High stock price volatilityVol 12M is 164% Key risksHODO key risks include [1] a heavy reliance on B2B tournament and sponsorship revenue and [2] unproven and undeveloped alternative revenue streams. |
| Megatrend and thematic driversMegatrends include Crypto & Blockchain, Digital & Alternative Assets, and Fintech & Digital Payments. Themes include Cryptocurrency Exchanges, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -115% |
| High stock price volatilityVol 12M is 164% |
| Key risksHODO key risks include [1] a heavy reliance on B2B tournament and sponsorship revenue and [2] unproven and undeveloped alternative revenue streams. |
Qualitative Assessment
AI Analysis | Feedback
House of Doge (HODO) stock has lost about 45% since it went public on 7/1/2026 because of the following key factors:
1. Inherited Weak Financials and Pre-Merger Stock Decline. House of Doge (HODO), formed through a merger with Brag House Holdings, entered the public market with a "WEAK" financial health rating of 0.2 out of 5 from InvestingPro. The pre-merger entity, Brag House Holdings, had already experienced a significant stock decline, with InvestingPro reporting a 55% drop over the past year and other sources indicating a 29.9% decline over the same period. This financial instability was further underscored by a 1-for-8 reverse stock split on June 1, 2026, prior to the merger. The company reported an annual income of -$15.9 million and diluted earnings per share of -$1.31.
2. Dogecoin's Bearish Trend and Broader Crypto Market Weakness. As the official corporate arm of the Dogecoin Foundation, HODO's stock movement is highly influenced by the performance of Dogecoin (DOGE) and the wider cryptocurrency market. Dogecoin was trading around $0.077 in July 2026, remaining in a broader downtrend characterized by lower highs and lower lows, and significantly below its all-time high of $0.71 from May 2021. This negative sentiment was part of a larger crypto market weakness, where, for instance, Robinhood (HOOD) experienced a 47% decrease in crypto revenue in fiscal Q1 2026 due to weak crypto prices and increased competition.
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House of Doge (HODO) stock has lost about 45% since it went public on 7/1/2026 because of the following key factors:
1. Inherited Weak Financials and Pre-Merger Stock Decline. House of Doge (HODO), formed through a merger with Brag House Holdings, entered the public market with a "WEAK" financial health rating of 0.2 out of 5 from InvestingPro. The pre-merger entity, Brag House Holdings, had already experienced a significant stock decline, with InvestingPro reporting a 55% drop over the past year and other sources indicating a 29.9% decline over the same period. This financial instability was further underscored by a 1-for-8 reverse stock split on June 1, 2026, prior to the merger. The company reported an annual income of -$15.9 million and diluted earnings per share of -$1.31.
2. Dogecoin's Bearish Trend and Broader Crypto Market Weakness. As the official corporate arm of the Dogecoin Foundation, HODO's stock movement is highly influenced by the performance of Dogecoin (DOGE) and the wider cryptocurrency market. Dogecoin was trading around $0.077 in July 2026, remaining in a broader downtrend characterized by lower highs and lower lows, and significantly below its all-time high of $0.71 from May 2021. This negative sentiment was part of a larger crypto market weakness, where, for instance, Robinhood (HOOD) experienced a 47% decrease in crypto revenue in fiscal Q1 2026 due to weak crypto prices and increased competition.
3. Unproven Revenue Model and Early-Stage Initiatives. Despite an ambitious roadmap that includes plans for a global Dogecoin debit card, tokenization of real-world assets, and investments in sports clubs, House of Doge reported annual sales of $0 and an annual income of -$15.9 million. Key initiatives, such as the full rollout of its DOGE Pay platform, are slated for fiscal Q3 2026, indicating that substantial revenue generation from these ventures is still prospective and not yet realized.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
3/31/2026 to 7/9/2026| Return | Correlation | |
|---|---|---|
| HODO | ||
| Market (SPY) | 15.6% | 59.8% |
| Sector (XLK) | 39.5% | 34.5% |
Fundamental Drivers
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Market Drivers
12/31/2025 to 7/9/2026| Return | Correlation | |
|---|---|---|
| HODO | ||
| Market (SPY) | 10.5% | 59.8% |
| Sector (XLK) | 28.9% | 34.5% |
Fundamental Drivers
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Market Drivers
6/30/2025 to 7/9/2026| Return | Correlation | |
|---|---|---|
| HODO | ||
| Market (SPY) | 22.7% | 59.8% |
| Sector (XLK) | 47.0% | 34.5% |
Fundamental Drivers
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Market Drivers
6/30/2023 to 7/9/2026| Return | Correlation | |
|---|---|---|
| HODO | ||
| Market (SPY) | 75.6% | 59.8% |
| Sector (XLK) | 117.2% | 34.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HODO Return | - | - | - | - | - | -39% | -39% |
| Peers Return | -4% | -17% | -10% | 66% | -35% | 39% | 9% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| HODO Win Rate | - | - | - | - | - | 0% | |
| Peers Win Rate | 25% | 12% | 34% | 58% | 40% | 26% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| HODO Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -14% | -21% | -9% | -36% | -46% | -36% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ADSK, HIT, BMR, BSP, HODO.
[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] 2026 data is for the year up to 7/9/2026 (YTD)
How Low Can It Go
HODO has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
HODO has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About House of Doge (HODO)
House of Doge (HODO), operating as Brag House, provides an integrated esports platform specifically designed for casual college gamers and their friends. The company’s vision is to foster an organic and inclusive digital community centered around college sports rivalries, offering a unique environment for competition and social interaction. Its platform features interactive streaming, instant messaging, community spaces, leaderboards, and "Brags"—risk-free, non-monetary predictions on gaming outcomes.
HODO generates revenue primarily through its B2B partnerships. Its main service involves hosting and producing sponsored esports tournaments for corporate entities and major sports enterprises, which currently constitutes almost all of its revenue. Looking ahead, the company plans to expand its B2B offerings to include data insights on Gen Z audience behavior for advertisers and direct advertising and marketing fees. For its B2C users, Brag House offers a comprehensive platform where gamers can compete, engage, and earn loyalty tokens redeemable for prizes, with a paid subscription model anticipated for 2025.
The company's primary customers are major brands and corporations seeking to connect with the Gen Z demographic, and on the consumer side, college-aged casual gamers and esports fans. By leveraging existing college rivalries and providing a vertically integrated platform for content creation and tournament production, HODO aims to be a one-stop interface that controls the user experience while creating valuable connection points between brands and its engaged Gen Z audience.
AI Analysis | Feedback
Here are 1-2 brief analogies to describe House of Doge (HODO):
- It's like Twitch for college esports, with tournaments sponsored by major brands.
- Think of it as Discord meets a non-monetary DraftKings, but focused on college gaming rivalries.
AI Analysis | Feedback
- Esports Platform: A vertically integrated online platform offering casual college gamers a social network, interactive streaming, and gamified engagement through competitions and non-monetary "Brags."
- Esports Tournament Hosting & Production: Services for corporate sponsors including the marketing, production, streaming, and live broadcast of esports tournaments to engage the Gen Z audience.
- Advertising & Brand Marketing Services: Connecting advertisers and brands with college-aged gamers and esports fans through digital promotions, event advertising, and tailored strategies.
- Gen Z Data Insights (Planned): Future service (Q2 2025) providing anonymized, aggregated data on Gen Z habits and values to brands for highly personalized marketing campaigns.
- Premium User Subscriptions (Planned): Tiered membership options for users, granting access to additional platform features, exclusive prizes, and in-platform virtual currency (Brag Bucks).
AI Analysis | Feedback
House of Doge (HODO), operating as Brag House, primarily sells to other companies (B2B).
The major categories of its customers are:
- Corporate Entities and Fortune 500 Companies: These companies sponsor Brag House's esports tournaments and leverage their platform for brand exposure and engagement with the Gen Z audience. The company has generated significant revenue from these sponsorships.
- Major Sports Enterprises: Similar to general corporate entities, these enterprises partner with Brag House for tournament sponsorships and advertising to reach their target demographic.
- Brand Advertisers: Brands and advertisers utilize Brag House's platform for advertising and marketing fees, as well as for accessing data insights into the habits, values, and social media use of their Gen Z user base to craft targeted marketing strategies.
The provided description does not explicitly name any specific customer companies, public or otherwise, that currently generate revenue for House of Doge.
AI Analysis | Feedback
AI Analysis | Feedback
Lavell Juan Malloy, II - Co-founder and Chief Executive Officer
Lavell Juan Malloy, II is a co-founder of Brag House. The vision for Brag House began with him recognizing a need in the gaming industry for an esports platform focused on the casual college gamer.
Daniel Leibovich - Co-founder, Chief Operating Officer and Interim Chief Financial Officer
Daniel Leibovich is a co-founder of Brag House. He, along with Lavell Juan Malloy, II, recognized a need in the gaming industry for an esports platform focused on the casual college gamer, which led to the vision for Brag House.
AI Analysis | Feedback
The primary key risk to Brag House (trading under the symbol HODO) is its **heavy reliance on B2B tournament and sponsorship revenue with unproven and undeveloped alternative revenue streams.**
The company explicitly states that all its current revenue has been generated from B2B tournaments and tertiary fees. For 2025, it anticipates that tournaments and sponsorships with major sports enterprises and corporate entities will constitute approximately 99% of its revenue. Concurrently, other intended revenue sources, such as subscriptions, merchandise, data insights, and advertising and marketing fees, have not yet generated meaningful revenue. As of December 31, 2024, the company had not even commenced offering paid subscriptions. This significant concentration of revenue from a single source type, coupled with the undeveloped and unproven nature of its planned diversification strategies, creates a substantial financial risk if B2B tournament sponsorships decline or fail to materialize as anticipated.
AI Analysis | Feedback
AI Analysis | Feedback
AI Analysis | Feedback
Here are the expected drivers of future revenue growth for House of Doge (HODO) over the next 2-3 years:
- Expansion of B2B Tournaments and Sponsorships: House of Doge anticipates that tournaments and sponsorships with major sports enterprises and corporate entities will continue to be a primary revenue source, projecting approximately 99% of revenue from this channel in 2025. The company leverages its esports tournaments to enhance and monetize these B2B partnerships, performing all publicity, marketing, hosting, and production of these events.
- Launch of B2C Subscription Model: The company plans to introduce a subscription model for its users in 2025. This model will offer different membership tiers, providing access to additional features, prizes, and Brag Bucks, a non-monetized virtual coin used within the platform's ecosystem.
- Monetization of Data Insights: Beginning in Q2 2025, House of Doge intends to implement a data insights model. This model will collect anonymized and aggregated data on the habits, values, and social media use of its Generation Z audience, aiming to empower brand advertisers with unparalleled insights for crafting highly effective, hyper-personalized marketing strategies.
- Growth in Advertising and Marketing Fees: As Brag House expands its network of users, it aims to connect advertisers with college-aged gamers, consumers, and esports fans. This involves soliciting advertisers to promote their products through both digital channels (social media, Brag House Platform) and physical channels (billboards, signs at live events), leading to increased advertising and marketing fee revenue.
- Expansion of User Base and University Footprint: Through its Collegiate Leads Program, Brag House plans to significantly expand its presence, aiming to have over 50 Collegiate Leads across 50 campuses and establish a gaming presence in over 150 colleges and universities in the United States by the end of 2025. This broadens the overall user base, serving as a foundational driver for all other B2B and B2C revenue streams.
AI Analysis | Feedback
Share Repurchases
- A previously authorized share repurchase program of $543,455 existed, with an unused portion funding a special cash dividend of $519,000 on June 30, 2026.
Share Issuance
- Brag House Holdings, Inc. issued approximately 594 million shares of common stock and around 69.25 million convertible securities to existing House of Doge Inc. stockholders during the reverse merger, making House of Doge Inc. the majority shareholder of the combined entity.
- As of July 1, 2026, the combined company, House of Doge Inc. (HODO), has approximately 75.9 million shares outstanding.
- Brag House Holdings, Inc. completed an Initial Public Offering (IPO) in March 2025, pricing its shares at $4 per share.
Inbound Investments
- The reverse merger, completed on June 30, 2026, where Brag House Holdings, Inc. acquired House of Doge Inc., enabled the newly combined public company, now named House of Doge Inc. (HODO), to gain direct access to U.S. capital markets.
- The merger integrated House of Doge's assets, including over 837 million Dogecoin, into the combined entity, aiming to advance Dogecoin as a widely accepted global currency.
Capital Expenditures
- The newly formed House of Doge Inc. plans to utilize its access to public capital to fund and scale its business plan across digital payments, cryptocurrency treasury management, real-world asset tokenization, and professional sports.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.41 |
| Mkt Cap | 22.0 |
| Rev LTM | 3,771 |
| Op Inc LTM | 1,013 |
| FCF LTM | 1,345 |
| FCF 3Y Avg | 882 |
| CFO LTM | 1,390 |
| CFO 3Y Avg | 924 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 35.3% |
| Rev Chg 3Y Avg | 13.8% |
| Rev Chg Q | 13.9% |
| QoQ Delta Rev Chg LTM | 3.2% |
| Op Inc Chg LTM | -76.8% |
| Op Inc Chg 3Y Avg | 27.4% |
| Op Mgn LTM | 11.9% |
| Op Mgn 3Y Avg | 14.3% |
| QoQ Delta Op Mgn LTM | -2.9% |
| CFO/Rev LTM | 17.5% |
| CFO/Rev 3Y Avg | 16.2% |
| FCF/Rev LTM | 12.7% |
| FCF/Rev 3Y Avg | 12.4% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | ||||||
| Up Beta | � | � | � | � | � | � |
| Down Beta | � | � | � | � | � | � |
| Up Capture | 0% | 0% | 0% | 0% | 0% | 0% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | ||||||
| Down Capture | -0% | -0% | -0% | -0% | -0% | -0% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HODO | |
|---|---|---|---|---|
| HODO | -45.6% | 164.1% | -16.79 | - |
| Sector ETF (XLK) | 45.4% | 24.3% | 1.49 | 34.5% |
| Equity (SPY) | 22.3% | 12.5% | 1.33 | 59.8% |
| Gold (GLD) | 24.4% | 27.8% | 0.77 | 82.2% |
| Commodities (DBC) | 23.6% | 18.7% | 1.00 | -6.3% |
| Real Estate (VNQ) | 13.2% | 13.9% | 0.65 | -31.2% |
| Bitcoin (BTCUSD) | -42.8% | 42.8% | -1.18 | 81.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HODO | |
|---|---|---|---|---|
| HODO | -11.4% | 164.1% | -16.79 | - |
| Sector ETF (XLK) | 21.1% | 25.5% | 0.74 | 34.5% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 59.8% |
| Gold (GLD) | 18.0% | 18.3% | 0.80 | 82.2% |
| Commodities (DBC) | 7.5% | 19.5% | 0.28 | -6.3% |
| Real Estate (VNQ) | 2.9% | 18.9% | 0.06 | -31.2% |
| Bitcoin (BTCUSD) | 12.3% | 53.5% | 0.42 | 81.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HODO | |
|---|---|---|---|---|
| HODO | -5.9% | 164.1% | -16.79 | - |
| Sector ETF (XLK) | 25.6% | 24.7% | 0.93 | 34.5% |
| Equity (SPY) | 15.8% | 17.9% | 0.75 | 59.8% |
| Gold (GLD) | 11.7% | 16.1% | 0.59 | 82.2% |
| Commodities (DBC) | 6.1% | 18.0% | 0.27 | -6.3% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.22 | -31.2% |
| Bitcoin (BTCUSD) | 58.0% | 66.2% | 0.98 | 81.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Application Software Resources |
| Capterra |
| Software Advice |
| InfoWorld |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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