Tearsheet

Taoping (TAOP)


Market Price (11/18/2025): $2.03 | Market Cap: $46,572
Sector: Information Technology | Industry: Systems Software

Taoping (TAOP)


Market Price (11/18/2025): $2.03
Market Cap: $46,572
Sector: Information Technology
Industry: Systems 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 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 3580%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3576%, FCF Yield is 1431%
Weak multi-year price returns
2Y Excs Rtn is -147%, 3Y Excs Rtn is -168%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 9372%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
  Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -29%, Rev Chg QQuarterly Revenue Change % is -31%
2   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 1253%
3   High stock price volatility
Vol 12M is 2358%
4   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 415%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 3580%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3576%, FCF Yield is 1431%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
2 Weak multi-year price returns
2Y Excs Rtn is -147%, 3Y Excs Rtn is -168%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 9372%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -29%, Rev Chg QQuarterly Revenue Change % is -31%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 1253%
6 High stock price volatility
Vol 12M is 2358%
7 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 415%

Market Valuation & Key Metrics

TAOP Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are five key points explaining the approximate -45.5% stock movement for Taoping (TAOP) from July 31, 2025, to November 18, 2025:

1. Significant Half-Year Net Loss and Revenue Decline: On October 1, 2025, Taoping Inc. reported its earnings results for the half-year ended June 30, 2025, revealing a substantial deterioration in its financial performance. The company posted a net loss of USD 4.68 million, a significant downturn from a net income of USD 0.588744 million in the prior year. Additionally, revenue for the half-year decreased to USD 17.6 million from USD 18.08 million year-over-year. This marked a basic loss per share from continuing operations of USD 6.54, compared to earnings per share of USD 3.35 a year ago. This negative financial report likely served as a major catalyst for the stock's decline.

2. Strategic Acquisitions Amidst Financial Weakness: During this period, Taoping announced two significant acquisition initiatives. On September 30, 2025, the company reached an agreement to acquire Skyladder Group in an all-stock transaction valued at RMB 152 million. Subsequently, around October 17, 2025, Taoping Inc. signed a non-binding Letter of Intent to acquire Alphalion Holding Limited. These acquisitions, particularly the all-stock nature of the Skyladder deal, may have raised concerns among investors regarding potential share dilution, integration risks, and the strategic rationale of these ventures for a company already experiencing significant losses.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
TAOP Return-15%-33%-66%-78%-71%-84%-100%
Peers Return13%13%-55%16%37%-17%-23%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
TAOP Win Rate42%33%17%25%33%20% 
Peers Win Rate23%55%35%50%53%50% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
TAOP Max Drawdown-43%-33%-69%-81%-78%-98% 
Peers Max Drawdown-8%-1%-59%-38%-40%-37% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: GEN, PATH, S, VRNT, ARQQ.
[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 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventTAOPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-99.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven11519.8%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-72.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven263.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven150 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-86.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven649.4%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-82.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven483.6%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1480 days

Compare to GEN, PATH, S, VRNT, ARQQ


In The Past

Taoping's stock fell -99.1% during the 2022 Inflation Shock from a high on 3/19/2021. A -99.1% loss requires a 11519.8% gain to breakeven.

Preserve Wealth

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Asset Allocation

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About Taoping (TAOP)

Better Bets than Taoping (TAOP)

Trade Ideas

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

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-13.6%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.5%-3.5%-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.5%-4.5%-4.5%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-4.0%-4.0%-4.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.8%-0.8%-0.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ZBRA_10312025_Dip_Buyer_FCFYield10312025ZBRAZebra TechnologiesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-13.6%-13.6%-13.6%
ACN_10312025_Dip_Buyer_ValueBuy10312025ACNAccentureDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-3.5%-3.5%-3.5%
ADBE_10312025_Dip_Buyer_ValueBuy10312025ADBEAdobeDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.5%-4.5%-4.5%
TXN_10312025_Monopoly_xInd_xCD_Getting_Cheaper10312025TXNTexas InstrumentsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-4.0%-4.0%-4.0%
MRVL_10242025_Monopoly_xInd_xCD_Getting_Cheaper10242025MRVLMarvell TechnologyMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.8%-0.8%-0.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Taoping

Financials

TAOPGENPATHSVRNTARQQMedian
NameTaoping Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Mkt Price2.0626.1413.5216.1620.2725.9618.21
Mkt Cap0.016.17.25.31.2-5.3
Rev LTM214,4731,497907894-907
Op Inc LTM11,697-46-32877-1
FCF LTM11,30031017113-113
FCF 3Y Avg11,463268-44120-120
CFO LTM21,32433541138-138
CFO 3Y Avg51,480282-22149-149

Growth & Margins

TAOPGENPATHSVRNTARQQMedian
NameTaoping Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Rev Chg LTM13.1%16.2%8.3%25.4%-2.3%-13.1%
Rev Chg 3Y Avg-28.9%16.5%14.6%45.6%-0.2%-14.6%
Rev Chg Q-31.3%25.3%14.4%21.7%-1.0%-14.4%
QoQ Delta Rev Chg LTM-8.3%5.8%3.1%5.0%-0.2%-3.1%
Op Mgn LTM3.5%37.9%-3.1%-36.2%8.6%-3.5%
Op Mgn 3Y Avg-18.6%36.7%-12.6%-53.2%8.9%--12.6%
QoQ Delta Op Mgn LTM-1.1%-1.3%5.8%2.1%-1.2%--1.1%
CFO/Rev LTM12.0%29.6%22.4%4.5%15.5%-15.5%
CFO/Rev 3Y Avg16.2%37.1%20.7%-5.5%16.6%-16.6%
FCF/Rev LTM3.3%29.1%20.7%1.8%12.6%-12.6%
FCF/Rev 3Y Avg3.5%36.7%19.6%-8.7%13.4%-13.4%

Valuation

TAOPGENPATHSVRNTARQQMedian
NameTaoping Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
Mkt Cap0.016.17.25.31.2-5.3
P/S0.03.64.85.91.4-3.6
P/EBIT0.010.0-156.4-17.515.2-0.0
P/E0.028.2359.4-12.519.9-19.9
P/CFO0.012.221.7131.58.8-12.2
Total Yield3,580.1%5.5%0.3%-8.0%5.0%-5.0%
Dividend Yield0.0%1.9%0.0%0.0%0.0%-0.0%
FCF Yield 3Y Avg3,155.3%9.5%3.6%-1.0%7.1%-7.1%
D/E128.70.50.00.00.4-0.4
Net D/E93.70.5-0.2-0.10.2-0.2

Returns

TAOPGENPATHSVRNTARQQMedian
NameTaoping Gen Digi.UiPath Sentinel.Verint S.Arqit Qu. 
1M Rtn-2.4%-1.0%-12.4%-3.1%0.1%-37.4%-2.7%
3M Rtn-39.6%-16.3%21.0%-5.0%4.2%-20.1%-10.6%
6M Rtn-73.8%-7.4%7.4%-19.2%13.1%7.0%-0.2%
12M Rtn-80.9%-9.7%9.3%-38.1%-13.7%227.8%-11.7%
3Y Rtn-99.0%23.1%8.2%-2.9%-47.7%-86.5%-25.3%
1M Excs Rtn-2.5%-1.1%-12.6%-3.2%0.0%-37.6%-2.9%
3M Excs Rtn-36.5%-20.7%18.9%-8.7%2.2%-17.5%-13.1%
6M Excs Rtn-85.7%-19.3%-4.5%-31.0%1.2%-4.9%-12.1%
12M Excs Rtn-92.9%-23.9%-11.6%-53.1%-32.6%169.5%-28.3%
3Y Excs Rtn-167.5%-44.9%-54.7%-77.9%-113.2%-157.7%-95.5%

Financials

Segment Financials

Assets by Segment

$ Mil20242023202220212020
Cloud-based Technology (CBT) segment3127313040
Corporate and others10 00
Traditional Information Technology (TIT) segment00601
Assets from discontinued operations 1   
Blockchain Technology (BT) segment  10  
Total3329473141


Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity95,215
Short Interest: % Change Since 10152025210.1%
Average Daily Volume367,834
Days-to-Cover Short Interest1
Basic Shares Quantity22,942
Short % of Basic Shares415.0%

SEC Filings

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Report DateFiling DateFiling
6302025100120256-K 6/30/2025
12312024429202520-F 12/31/2024
630202490520246-K 6/30/2024
12312023425202420-F 12/31/2023
630202390120236-K 6/30/2023
12312022425202320-F 12/31/2022
630202290720226-K 6/30/2022
12312021502202220-F 12/31/2021
6302021102720216-K 6/30/2021
12312020430202120-F 12/31/2020
630202093020206-K 6/30/2020
12312019612202020-F 12/31/2019
630201992320196-K 6/30/2019
12312018423201920-F 12/31/2018
9302018112120186-K 9/30/2018
6302018111420186-K 6/30/2018

Insider Activity

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