Tearsheet

Veea (VEEA)


Market Price (3/30/2026): $0.5176 | Market Cap: $23.6 Mil
Sector: Information Technology | Industry: IT Consulting & Other Services

Veea (VEEA)


Market Price (3/30/2026): $0.5176
Market Cap: $23.6 Mil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 90%
Weak multi-year price returns
2Y Excs Rtn is -112%, 3Y Excs Rtn is -152%
Penny stock
Mkt Price is 0.5
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 -39%
  Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -28 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10645%
2 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, 5G & Advanced Connectivity, and Smart Buildings & Proptech. Themes include Edge AI, Show more.
  Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 71%
3   Expensive valuation multiples
P/SPrice/Sales ratio is 86x
4   Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 2738%
5   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -6506%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6612%
6   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 -16%
7   High stock price volatility
Vol 12M is 122%
8   Key risks
VEEA key risks include [1] severe financial distress, Show more.
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 90%
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 -39%
2 Megatrend and thematic drivers
Megatrends include Artificial Intelligence, 5G & Advanced Connectivity, and Smart Buildings & Proptech. Themes include Edge AI, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -112%, 3Y Excs Rtn is -152%
4 Penny stock
Mkt Price is 0.5
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -28 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -10645%
6 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 71%
7 Expensive valuation multiples
P/SPrice/Sales ratio is 86x
8 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 2738%
9 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -6506%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6612%
10 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 -16%
11 High stock price volatility
Vol 12M is 122%
12 Key risks
VEEA key risks include [1] severe financial distress, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Veea (VEEA) stock has remained largely at the same level since 11/30/2025 because of the following key factors:

1. Ongoing Nasdaq Non-Compliance and Delisting Risk created investor uncertainty.

On September 29, 2025, Veea received a notice from Nasdaq due to its common stock's closing bid price falling below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company was given 180 calendar days, until March 30, 2026, to regain compliance by having its closing bid price reach or exceed $1.00 per share for a minimum of 10 consecutive business days. This looming deadline and the potential for delisting likely capped sustained upward movement in the stock price.

2. Modest Financial Performance Offset Revenue Growth.

Despite a significant 186% increase in Q3 2025 revenue to $0.14 million compared to Q3 2024, and a turnaround to a net income of $1.4 million in Q3 2025 from a substantial loss in the prior year, Veea’s overall revenue base remained relatively small. The company still reported a year-to-date net loss of $1.7 million as of September 30, 2025, and a stockholders' deficit of $(4.27) million. This limited absolute financial scale and lack of consistent profitability likely constrained sustained investor confidence and valuation growth.

Show more

Stock Movement Drivers

Fundamental Drivers

The -0.6% change in VEEA stock from 11/30/2025 to 3/29/2026 was primarily driven by a -0.6% change in the company's P/S Multiple.
(LTM values as of)113020253292026Change
Stock Price ($)0.510.50-0.6%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple87.086.4-0.6%
Shares Outstanding (Mil)46460.0%
Cumulative Contribution-0.6%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/29/2026
ReturnCorrelation
VEEA-0.6% 
Market (SPY)-5.3%18.1%
Sector (XLK)-9.1%22.6%

Fundamental Drivers

The -14.7% change in VEEA stock from 8/31/2025 to 3/29/2026 was primarily driven by a -97.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)83120253292026Change
Stock Price ($)0.590.50-14.7%
Change Contribution By: 
Total Revenues ($ Mil)90-97.1%
P/S Multiple2.386.43642.3%
Shares Outstanding (Mil)3646-22.0%
Cumulative Contribution-14.7%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/29/2026
ReturnCorrelation
VEEA-14.7% 
Market (SPY)0.6%26.0%
Sector (XLK)-0.7%26.9%

Fundamental Drivers

The -73.7% change in VEEA stock from 2/28/2025 to 3/29/2026 was primarily driven by a -22.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)22820253292026Change
Stock Price ($)1.910.50-73.7%
Change Contribution By: 
Total Revenues ($ Mil)00.0%
P/S Multiple86.40.0%
Shares Outstanding (Mil)3646-22.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/29/2026
ReturnCorrelation
VEEA-73.7% 
Market (SPY)9.8%15.2%
Sector (XLK)15.9%17.9%

Fundamental Drivers

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Market Drivers

2/28/2023 to 3/29/2026
ReturnCorrelation
VEEA  
Market (SPY)69.4%7.8%
Sector (XLK)94.5%8.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VEEA Return----27%-83%-15%-90%
Peers Return35%5%89%28%8%1%272%
S&P 500 Return27%-19%24%23%16%-5%72%

Monthly Win Rates [3]
VEEA Win Rate---50%25%33% 
Peers Win Rate62%43%67%57%53%53% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
VEEA Max Drawdown----54%-89%-40% 
Peers Max Drawdown-6%-35%-10%-13%-25%-18% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: HPE, DELL, CSCO, NTNX, SMCI.
[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 3/27/2026 (YTD)

How Low Can It Go

VEEA has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique KeyEventXLKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven278 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-31.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven46.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven79 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven31.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-53.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven115.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,183 days1,480 days

Compare to HPE, DELL, CSCO, NTNX, SMCI

In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% 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 Veea (VEEA)

At Veea, we're dedicated to simplifying the journey towards a smarter, more connected world. Headquartered in New York City, our team combines deep expertise in content delivery, edge computing, and advanced wireless technologies. With a rich history of innovation and over 100 patents in key tech areas, Veea stands at the forefront of edge computing. We don't just provide technology solutions; but are committed to transforming connectivity from the device edge inwards, reshaping how data is processed, secured, and leveraged for a smarter future.

AI Analysis | Feedback

Here are 1-3 brief analogies for Veea (VEEA):

  • AWS for the Edge: Like Amazon Web Services (AWS) provides cloud computing for centralized data centers, Veea brings computing power and intelligence directly to the network's edge, enabling faster, more secure data processing where it's generated.
  • Cisco for Edge Infrastructure: Similar to how Cisco provides critical networking infrastructure for enterprises, Veea offers advanced infrastructure and wireless technologies specifically designed for robust connectivity and data processing at the device edge.
  • Akamai for Distributed Data Processing: Just as Akamai optimizes content delivery by distributing it closer to users, Veea is focused on distributing and optimizing the processing, security, and leverage of data at the very edge of the network.

AI Analysis | Feedback

  • Edge Computing Solutions: Veea provides technologies that process, secure, and leverage data directly at the device edge for enhanced efficiency and intelligence.
  • Advanced Wireless Connectivity: Veea develops and deploys advanced wireless technologies to establish robust and efficient connectivity from the device edge inwards.
  • Content Delivery Solutions: Veea offers expertise and technologies for optimizing the efficient delivery of digital content, often leveraging their edge infrastructure.

AI Analysis | Feedback

Veea (VEEA) primarily sells its advanced wireless, edge computing, and content delivery solutions to other companies (B2B).

Based on public announcements and strategic partnerships, Veea's major customers and partners include leading telecommunications companies:

AI Analysis | Feedback

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AI Analysis | Feedback

Allen Salmasi, Chairman, Chief Executive Officer & Founder

Allen Salmasi co-founded Veea in 2014. He possesses over 30 years of experience in the telecommunications and technology industries. Prior to co-founding Veea, Mr. Salmasi served as the Chairman, Chief Executive Officer, and President of NextWave Telecom Inc. and its spin-off, NextWave Wireless Inc. NextWave Telecom was acquired by Verizon in 2005, and NextWave Wireless was acquired by AT&T in 2013. He also founded Omninet Corporation in 1984, which later merged with QUALCOMM in 1988. At QUALCOMM, he held positions as a member of the Board of Directors, President of the Wireless Communications Division, and Chief Strategic Officer.

Randal V. Stephenson, Chief Financial Officer

Randal V. Stephenson serves as the Chief Financial Officer for Veea. He is also listed as Senior VP & CFO.

Janice K. Smith, Executive Vice President and Interim Chief Financial Officer

Janice K. Smith joined Veea in 2018. Her expertise encompasses financial leadership and corporate governance. Previously, from February 2014 to June 2018, she was the Chief Administrative Officer of NLabs Inc., an affiliate of Veea.

Michael Salmasi, CEO, Veea Solutions Inc., & Veea Inc. Co-Founder

Michael Salmasi is a co-founder of Veea Inc. He currently serves as the CEO of Veea Solutions Inc., a wholly owned subsidiary of Veea. In this role, he leads initiatives and collaborates with partners to deliver edge computing solutions to customers across various sectors, including Smart Retail, Smart Buildings, and Smart Agriculture. He holds an MBA from New York University Stern School of Business and previously worked at UBS Financial Services.

Mark Tubinis, Chief Commercial Officer

Mark Tubinis has been the Chief Commercial Officer of Veea since 2020. He is an experienced technology executive known for establishing and managing global product and services organizations. His extensive background includes expertise in virtualized and cloud-based fixed and mobile service delivery, encompassing voice, video, data, and IoT.

AI Analysis | Feedback

Here are the key risks to Veea's business:

  1. Financial Challenges and Path to Profitability: Veea faces significant financial hurdles, including minimal sales, high operating expenses, and substantial operating losses, resulting in considerable cash burn. The company has a history of unprofitability, with an accumulated deficit of $216.9 million as of Q3 (presumably 2024), and operates with a "moderate risk with imperfect balance sheet" and negative shareholders' equity. Its Price-to-LTM Sales ratio is extremely high, indicating negligible current revenues relative to its market capitalization, and there is no clear path to near-term profitability. Furthermore, shareholders have experienced substantial dilution, and there's a risk of further dilution from potential future share issuances related to earn-out liability agreements.
  2. Highly Competitive Market and Underperformance: Despite operating in the high-growth edge computing market, Veea confronts intense competition from numerous players in the computer software and technology sectors, including companies like Silvaco Group, Intellicheck Mobilisa, and Phunware. The company has underperformed both the broader US Software industry and the overall US Market over the past year, indicating challenges in gaining market share or differentiating effectively in a crowded landscape.
  3. Stock Price Volatility and Nasdaq Compliance Concerns: Veea's stock has exhibited high volatility, with its share price being significantly more volatile than the US market over recent months. Compounding this, Veea has received a notice of noncompliance with Nasdaq listing rules regarding its price and market value, which poses a substantial risk to its continued listing on the exchange and its ability to attract and retain investors.

AI Analysis | Feedback

The aggressive expansion and integration of edge computing capabilities by hyperscale cloud providers (e.g., AWS, Microsoft Azure, Google Cloud) and major telecommunications companies. These entities possess vast resources, established enterprise relationships, and existing infrastructure (cloud data centers, 5G networks) which allows them to offer highly integrated, scalable, and often cost-competitive edge solutions that could potentially diminish the competitive advantage of specialized edge computing providers like Veea.

AI Analysis | Feedback

Veea (symbol: VEEA) operates within several significant addressable markets related to its core offerings in edge computing, advanced wireless technologies, content delivery, and cybersecurity.

For its foundational **edge computing platform and solutions**, which include products like VeeaHub and the Veea Edge Platform ePaaS, the global market is experiencing robust growth. The global edge computing market is projected to grow at a Compound Annual Growth Rate (CAGR) of 36.9% from 2024 through 2030.

In the realm of **advanced wireless technologies and connectivity**, Veea's offerings are part of a substantial global market. The global Wireless Connectivity Market size was estimated at USD 111.14 billion in 2025 and is projected to reach USD 125.34 billion in 2026. This market is poised to exceed USD 419.31 billion by 2035, growing at a CAGR of over 14.2% between 2026 and 2035. Specifically, the Wi-Fi segment of this market is anticipated to hold over 44.20% share from 2026 to 2035. The enterprise worldwide wireless local area network (WLAN) market grew to USD 2.3 billion in the first quarter of 2025. In the Americas, the enterprise WLAN market expanded by 15.2% year-over-year in the first quarter of 2025, with strong growth of 21.0% in the United States.

Regarding **cybersecurity solutions**, such as Veea SecureConnect, the company is tapping into regional markets. For instance, Veea's partnership for SecureConnect in Mexico addresses a cybersecurity market valued at USD 27.07 billion, with a projected CAGR of 13.8% through 2033 in that region.

For **content delivery**, a stated area of Veea's expertise, the global Content Delivery Network (CDN) market was valued at USD 30.51 billion in 2025 and is projected to reach USD 36.91 billion in 2026. This market is expected to grow to USD 170.86 billion by 2034, demonstrating a CAGR of 21.10% during the forecast period. North America accounted for a significant portion, with a valuation of USD 13.29 billion in 2025 and USD 15.5 billion in 2026.

AI Analysis | Feedback

Expected Revenue Growth Drivers for Veea (VEEA)

Veea (NASDAQ: VEEA) is poised for future revenue growth over the next 2-3 years, driven by its strategic focus on cutting-edge technologies, expanding market reach through key partnerships, and the introduction of innovative new products and services in the rapidly growing edge computing sector. Here are 3-5 expected drivers of future revenue growth:

1. Expansion in Edge Computing and AI-driven Solutions

Veea's core business revolves around AI-enabled, secure, and scalable edge computing and communications devices, applications, and services delivered via its Edge Platform-as-a-Service (ePaaS). The company is well-positioned to capitalize on the substantial growth predicted for the edge computing market, projected to expand at a 36.9% Compound Annual Growth Rate (CAGR) through 2030. Recent advancements like the March 2026 launch of TerraFabric, a control plane for operating AI and autonomous systems at the edge, and VeeaVision AI for real-time intelligent visual automation with IoT data fusion, underscore this strategic direction. Furthermore, a partnership with Vapor IO in February 2025 to offer turnkey AI-as-a-Service (AIaaS) solutions for AI inferencing, federated learning, and AIoT is expected to contribute to this growth.

2. Strategic Partnerships and Market Expansion

Veea is actively expanding its market presence through significant partnerships and geographical diversification. A key initiative is the planned launch of Veea SecureConnect™ service with Telcel in Mexico in March 2026. This collaboration aims to address cybersecurity challenges for Mexican businesses over a 5G network and tap into the growing cybersecurity market. Additionally, Veea partnered with Viasat Mexico in December 2025 to accelerate digital transformation in underserved communities across Mexico by providing Managed Wi-Fi and edge applications. The company has also established partnerships in smart agriculture, retail, and healthcare sectors, indicating broader market penetration strategies.

3. Growth in Subscription-based Managed Services and Software Licenses

A significant portion of Veea's revenue is generated from device sales, software licenses, and subscription-based services. The emphasis on recurring revenue through cloud-managed services is a credible infrastructure-as-a-service model expected to accelerate top-line growth. Services like Veea SecureConnect, which provides cloud-managed/edge-executed AI-driven cybersecurity, and the virtual Trusted Broadband Access (vTBA) platform, which includes subscription services for network-managed Wi-Fi and IoT devices, are central to this recurring revenue strategy.

4. Launch and Growth of New Products and Enhanced Offerings

Veea's commitment to innovation through new product launches and enhancements is a crucial revenue driver. The introduction of Veea SecureConnect for advanced cybersecurity and simplified network management, and TerraFabric for AI and autonomous systems at the edge, are expected to garner new customers and expand existing engagements. The acquisition of Crowdkeep's IoT technology platform business in August 2025 is set to further enhance Veea's product portfolio with advanced IoT capabilities, fostering new revenue streams. The company also released Lobster Trap, a lightweight security tool, as open-source in March 2026, which can enhance its ecosystem and attract developers.

AI Analysis | Feedback

Share Repurchases

No information is available regarding share repurchases made or authorized by Veea (VEEA) within the last 3-5 years.

Share Issuance

  • Veea completed a business combination with Plum Acquisition Corp. I in September 2024, which effectively brought the company public.
  • In August 2025, Veea priced a public offering of 6 million shares of common stock and accompanying warrants at $1.00 per combined unit, aiming to raise approximately $6 million in cash gross proceeds.
  • Concurrently with the August 2025 offering, NLabs Inc., an affiliate of Veea's CEO, exchanged approximately $3.24 million in outstanding non-convertible promissory notes for 3,239,096 shares of common stock and accompanying warrants.

Inbound Investments

  • Veea completed a business combination with Plum Acquisition Corp. I in September 2024.
  • The company plans to fund future operations and capital needs through a combination of private and public equity and debt offerings, which may include investments from existing and/or new investors.

Outbound Investments

  • Veea acquired Crowdkeep's IoT technology platform business, integrating its proprietary technology to enhance Veea's product portfolio with advanced IoT capabilities.

Capital Expenditures

  • Veea reported capital expenditures of approximately -$12,765 in the last 12 months prior to March 2026.
  • The net proceeds from the August 2025 public offering are intended to be used for inventory investments and the company's customer support infrastructure, alongside working capital and general corporate purposes.

Latest Trefis Analyses

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Trade Ideas

Select ideas related to VEEA.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BMI_2282026_Insider_Buying_45D_2Buy_200K02282026BMIBadger MeterInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
VRNS_2282026_Insider_Buying_45D_2Buy_200K02282026VRNSVaronis SystemsInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
ITRI_2272026_Dip_Buyer_FCFYield02272026ITRIItronDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
FSLR_2272026_Dip_Buyer_ValueBuy02272026FSLRFirst SolarDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
PEGA_2272026_Dip_Buyer_ValueBuy02272026PEGAPegasystemsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

VEEAHPEDELLCSCONTNXSMCIMedian
NameVeea Hewlett .Dell Tec.Cisco Sy.Nutanix Super Mi. 
Mkt Price0.5023.94171.8179.9237.6121.9730.77
Mkt Cap0.031.9113.4316.110.113.122.5
Rev LTM035,743113,53859,0542,68628,05731,900
Op Inc LTM-281,7178,25113,6852131,0321,374
FCF LTM-182,1548,55212,2417774401,466
FCF 3Y Avg-2,1445,44712,869604-6332,144
CFO LTM-174,48711,18513,3258325492,660
CFO 3Y Avg-4,5658,12713,764674-5264,565

Growth & Margins

VEEAHPEDELLCSCONTNXSMCIMedian
NameVeea Hewlett .Dell Tec.Cisco Sy.Nutanix Super Mi. 
Rev Chg LTM89.7%14.5%18.8%9.0%15.9%34.8%17.3%
Rev Chg 3Y Avg-7.1%4.4%3.8%16.3%66.3%7.1%
Rev Chg Q185.9%18.4%39.5%9.7%10.4%123.4%29.0%
QoQ Delta Rev Chg LTM55.0%4.2%9.1%2.4%2.6%33.3%6.6%
Op Mgn LTM-10,644.7%4.8%7.3%23.2%7.9%3.7%6.0%
Op Mgn 3Y Avg-6.9%6.9%24.2%3.0%6.8%6.9%
QoQ Delta Op Mgn LTM4,551.7%0.0%0.2%0.7%0.5%-0.7%0.4%
CFO/Rev LTM-6,505.8%12.6%9.9%22.6%31.0%2.0%11.2%
CFO/Rev 3Y Avg-14.7%8.1%24.3%28.4%-3.0%14.7%
FCF/Rev LTM-6,612.3%6.0%7.5%20.7%28.9%1.6%6.8%
FCF/Rev 3Y Avg-6.9%5.4%22.7%25.4%-3.6%6.9%

Valuation

VEEAHPEDELLCSCONTNXSMCIMedian
NameVeea Hewlett .Dell Tec.Cisco Sy.Nutanix Super Mi. 
Mkt Cap0.031.9113.4316.110.113.122.5
P/S85.90.91.05.43.80.52.4
P/EBIT-59.218.612.821.835.411.615.7
P/E-8.6-270.619.128.537.815.117.1
P/CFO-1.37.110.123.712.123.911.1
Total Yield-11.7%1.8%6.5%5.6%2.6%6.6%4.1%
Dividend Yield0.0%2.2%1.3%2.1%0.0%0.0%0.6%
FCF Yield 3Y Avg-8.2%7.8%5.4%4.3%-3.5%5.4%
D/E0.80.70.30.10.20.40.3
Net D/E0.70.50.20.0-0.00.10.1

Returns

VEEAHPEDELLCSCONTNXSMCIMedian
NameVeea Hewlett .Dell Tec.Cisco Sy.Nutanix Super Mi. 
1M Rtn-0.8%12.2%16.0%0.6%-1.8%-32.2%-0.1%
3M Rtn-30.2%-1.6%33.5%2.3%-28.8%-28.3%-15.0%
6M Rtn-29.8%1.0%32.4%20.3%-51.3%-52.1%-14.4%
12M Rtn-67.8%55.4%89.6%34.5%-47.0%-35.9%-0.7%
3Y Rtn-90.4%65.3%357.2%69.2%48.9%112.6%67.2%
1M Excs Rtn24.2%23.4%49.3%10.1%1.9%-24.1%16.8%
3M Excs Rtn-15.8%6.7%42.5%11.1%-19.5%-20.0%-4.5%
6M Excs Rtn-14.1%3.7%35.8%22.7%-47.2%-48.9%-5.2%
12M Excs Rtn-81.2%41.2%70.3%21.0%-60.2%-52.2%-15.6%
3Y Excs Rtn-152.2%18.3%316.8%14.2%-10.4%33.4%16.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2024
Single Segment9
Total9


Net Income by Segment
$ Mil2024
Single Segment-16
Total-16


Assets by Segment
$ Mil2024
Single Segment21
Total21


Price Behavior

Price Behavior
Market Price$0.50 
Market Cap ($ Bil)0.0 
First Trading Date09/17/2024 
Distance from 52W High-79.7% 
   50 Days200 Days
DMA Price$0.54$1.83
DMA Trenddowndown
Distance from DMA-7.4%-72.5%
 3M1YR
Volatility123.9%123.2%
Downside Capture1.981.89
Upside Capture219.80102.60
Correlation (SPY)13.2%14.3%
VEEA Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta2.151.712.733.140.99-0.40
Up Beta7.725.644.781.710.36-0.73
Down Beta1.23-1.921.522.970.750.79
Up Capture-61%109%329%470%77%-2%
Bmk +ve Days9203170142431
Stock +ve Days8162757105144
Down Capture235%321%252%273%156%98%
Bmk -ve Days12213054109320
Stock -ve Days13233265132203

[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 VEEA
VEEA-68.8%122.8%-0.36-
Sector ETF (XLK)22.4%26.8%0.7317.5%
Equity (SPY)14.5%18.9%0.5914.3%
Gold (GLD)50.2%27.7%1.46-8.3%
Commodities (DBC)17.8%17.6%0.850.5%
Real Estate (VNQ)0.4%16.4%-0.15-0.0%
Bitcoin (BTCUSD)-23.7%44.2%-0.4922.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VEEA
VEEA-37.0%160.6%-0.34-
Sector ETF (XLK)15.4%24.6%0.568.3%
Equity (SPY)11.8%17.0%0.547.8%
Gold (GLD)20.7%17.7%0.96-6.1%
Commodities (DBC)11.6%18.9%0.50-1.7%
Real Estate (VNQ)3.0%18.8%0.070.2%
Bitcoin (BTCUSD)4.0%56.6%0.2912.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VEEA
VEEA-20.6%160.6%-0.34-
Sector ETF (XLK)20.8%24.3%0.798.3%
Equity (SPY)14.0%17.9%0.677.8%
Gold (GLD)13.3%15.8%0.70-6.1%
Commodities (DBC)8.2%17.6%0.39-1.7%
Real Estate (VNQ)4.7%20.7%0.190.2%
Bitcoin (BTCUSD)66.4%66.8%1.0612.2%

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Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 2282026-40.0%
Average Daily Volume0.9 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity45.6 Mil
Short % of Basic Shares1.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

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Report DateFiling DateFiling
09/30/202511/14/202510-Q
06/30/202508/19/202510-Q
03/31/202505/21/202510-Q
12/31/202404/15/202510-K
09/30/202411/20/202410-Q