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BNBNAI

Brand Engagement Network, Inc.

$BNAI·$95M·Software - Infrastructure·Technology
$11.26-10.7%YTD+441.6%1Y+272.8%
Mentions · last 7 days
2026-08-22: 1 posts2026-08-23: 1 posts2026-08-24: 5 posts19+5%
Price updated 12h ago·X counts updated 7d ago
BNBNAI
$BNAIBrand Engagement Network, Inc.
$11.26-10.71%19 posts+5%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $BNAI, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeSelling offAI verdict · as of 2026-08-20

Falling on heavy selling — points lower unless it turns around.

Micro-cap AI de-SPAC up 4x on the year but rolling over — revenue is a rounding error and dilution keeps stacking.

Brand Engagement Network is a $100M market-cap AI de-SPAC pitching an 'AI customer engagement platform' for retail, healthcare, and legacy call-center workflows. It went public via SPAC and is now buying revenue through acquisitions (Cataneo, Skye AI reseller deals) while the standalone product produces essentially zero revenue.

  • The tape looks stellar until you scan the reasons: up 441% year-to-date and 416% over 12 months, but sitting at 17% of the 52-week range means the stock has already given back most of the peak — the last three months have been distribution, not accumulation.
  • The fundamentals do not exist in a defensible way: quarterly revenue of $104K on a $100M market cap prices this at 291x sales, gross margin is negative (paying more than 100% of revenue in cost of service), and operating margin was minus 3,200% — this is a story, not a business.
  • The 'growth' is entirely acquired: the recent Cataneo acquisition brought $5.3M of first-half revenue, so the organic AI-engagement product isn't converting — every future revenue print needs another deal, which typically means stock issuance and dilution on a tiny float.

Trajectory is breaking-down (below the 200-day, well off recent highs) as the market catches up to the mechanics; a genuine large-customer disclosure with organic ARR could reverse it, but the far more likely path is another dilutive raise into the Nov 13 print and continued rollover.

Differs from X sentimentX's uniformly milestone-driven bullishness is missing the mechanics: Russell 2000 inclusion and a JV MOU don't offset $104K of quarterly revenue against a $100M market cap. Bulls are trading catalysts (INTERVENT JV, Cataneo close, Russell adds) while the tape has been distributing.

What to watch: Nov 13 Q3 earnings — organic revenue (ex-Cataneo) growing from the $104K Q1 base is the only signal that the standalone AI product is converting; another acquired-revenue print plus a new equity raise announcement confirms the dilution loop.

On the calendar: 2026-11-13 — Q3 2026 earnings

micro capde spacextreme valuation

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment6 posts analyzed · as of 2026-06-16

Brand Engagement Network signs a 50/50 joint venture with INTERVENT International for INTERVENT Health AI, an AI-powered healthcare engagement platform built on more than two million telehealth coaching interactions. The company is also added to the Russell 2000 and Russell 3000 and announces a definitive Reseller Agreement giving SKYE AI exclusive enterprise distribution via Accelevate Solutions. Sentiment skews uniformly to milestone-driven accumulation.

Read the AI verdict + X sentiment for $BNAI

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Builds AI-powered conversational assistants for customer engagement and analytics across enterprise verticals.

Industry overviewAI analysisGenerated by AI from underlying data

Where Software - Infrastructure sits in its cycle right now — and what that implies for $BNAI.

Software - Infrastructure · Technology

SaaS multiples remain compressed as rate-sensitive valuations weigh on pure-play software; customers are lengthening deal cycles outside of AI-native workloads. AI co-pilot upsell is the only clear near-term catalyst — companies without it are treading water.

What this means for $BNAI

Direct beneficiary — AI-native product or platform captures spend from the same capex cycle driving the industry; Builds AI-powered conversational assistants for customer engagement and analytics across enterprise verticals.

Top industry ETF

$IGViShares Expanded Tech-Software Sector ETF
-4.2%YTD
+2.5%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-12.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-130%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-32.0%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-5.6%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
291.7Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-162%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
-10.5%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 14, 2026$-0.49$-0.80+38.8%
Q1 2026May 15, 2026$-0.51$-1.20+57.5%
Q1 2026Apr 21, 2026$-0.70$-1.40+50.0%
Q3 2025Nov 25, 2025$-0.60$-1.40+57.1%
Next earningsFri, Nov 13·consensus EPS $-0.57

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$104K+943.1%-949%-3196%$-0.51$-3.7M
Q4 FY25$200K—-994%-1665%$-0.70$819K
Q3 FY25$60K+20.2%100%-3853%$-0.59$-550K
Q2 FY25$5K—-19398%-56506%$0.21$-2.6M

Forward consensus

3-year forecast · up to 1 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$4.7M$4.7M – $4.7M-$2.42-$2.42 – -$2.421
FY27$10.0M$10.0M – $10.0M-$2.03-$2.03 – -$2.031
FY28$16.5M$16.5M – $16.5M-$1.37-$1.37 – -$1.371

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.3×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.12%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-20.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-43.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatTiny float · 4.2M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today3.9% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.405-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KUnregistered equity saleJul 248-K — Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

BNAI filed an 8-K under Reg FD (Item 7.01), disclosing material non-public information simultaneously to all investors. This is typically an investor presentation, conference slides, or press release furnished as an exhibit. Reg FD filings ensure equal access to information for all investors; the substantive data is in the attached exhibit.

8-KOfficer or director changeJul 178-K — Item 5.02: Officer or director change
AI summary

Brand Engagement Network appointed Christian Unterseer, founder of Cataneo, to its board of directors. Unterseer brings expertise in brand and customer engagement technology directly relevant to BEN's AI-driven customer interaction platform, adding strategic depth as the company works to commercialize its AI product suite.

8-KOfficer or director changeJul 138-K — Item 5.02: Officer or director change
AI summary

Brand Engagement Network Inc. formalized a three-year employment agreement with CEO Tyler Luck, effective June 1, 2026, running through June 1, 2029, with a base salary of $360,000 payable on the company's regular schedule. Luck has served as CEO since September 2025; this agreement replaces terms from his prior role as Chief Product Officer. The company may terminate only for Good Cause, with a severance provision of at least the longer of the remaining contract term or one year. Routine CEO contract formalization providing retention stability through mid-2029; no material financial impact.

8-K/AAcquisition completed (amended)Jul 18-K/A — Item 2.01: Acquisition completed
AI summary

Brand Engagement Network Inc. (BNAI) filed an 8-K/A to correct the number of common shares included in the aggregate purchase price for its June 30, 2026 acquisition of Cataneo GmbH, a German AI company, from Christian Unterseer and CUTV GmbH. All other terms and disclosures from the original June 30, 2026 8-K remain unchanged; the amendment restates only Item 2.01. The share count correction is administrative but indicates the original disclosure contained an error in deal consideration.

8-KAcquisition completedJun 308-K — Item 2.01: Acquisition completed · Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Brand Engagement Network (BNAI) completed the acquisition of Cataneo GmbH, a German AI company, on June 30, 2026, for total consideration of $19.5M ($9M cash plus 250,792 shares at $37.88 per share). Cataneo reported €8,636,708 in revenue for fiscal year 2025; the acquisition was funded through equity sales. This bolt-on deal adds European AI capabilities to a small-cap U.S. AI firm and is dilutive to existing shareholders.

8-KUnregistered equity saleJun 298-K — Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Brand Engagement Network disclosed Q2 2026 unregistered share issuances from equity and warrant exercises under the Section 4(a)(2) exemption, alongside context around the Cataneo GmbH acquisition. This companion 8-K to the acquisition announcement provides transparency on the share issuances used to fund the Cataneo deal consideration.

8-KUnregistered equity saleJun 178-K — Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

Brand Engagement Network Inc. (BNAI) filed an 8-K (Items 3.02, 7.01) dated June 15, 2026, reporting a reduction of shareholders' rights (Item 3.02) and furnishing Reg FD materials. Item 3.02 typically signals an amendment to rights provisions, anti-takeover measures, or conversion/redemption of rights. The filing also involves both common stock and redeemable warrants ($11.50 exercise price). This is potentially material for warrant holders and common shareholders as it modifies existing shareholder rights.

8-KMaterial agreementJun 98-K — Item 1.01: Material agreement
AI summary

Brand Engagement Network Inc. (BEN) entered into definitive agreements on June 8, 2026 to form INTERVENT Health AI, Inc., a 50/50 joint venture with INTERVENT International, LLC, incorporated in Delaware, to develop and commercialize AI-powered health coaching solutions combining BEN's conversational AI platform (via subsidiary SKYE AI USA, LLC) with INTERVENT's clinically validated health coaching methodologies and proprietary healthcare datasets. Key terms: 5-year exclusive North American commercialization arrangement with SKYE (subject to performance milestones); proposed non-exclusive international reseller arrangements (Latin America, Africa) with the JV receiving 50% of gross revenues; BEN/SKYE entitled to 35% of JV North American software and services revenues. This is a material strategic expansion into health AI that opens new revenue streams for BEN, though the JV is early-stage and dependent on achieving agreed performance milestones.

+ 27 other (10 8-Ks · 5 13Gs · 3 routine 8-Ks · 3 Ds) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Brand Engagement Network Q2 Earnings Call Highlightsmarketbeat.com·12d agoBrand Engagement Network Provides Second Quarter Updateprnewswire.com·18d agoSkye Africa Intelligence and ECSA-HC Sign Memorandum of Understanding to Scale AI-Enabled Health Solutionsprnewswire.com·27d agoBrand Engagement Network's Newly Acquired Operations Deliver $5.3 Million in First-Half 2026 Revenueprnewswire.com·36d agoBrand Engagement Network Expands Cataneo into U.S. Market Following Acquisitionprnewswire.com·50d ago

In themes

Explore the broader themes this ticker is being talked about under.

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Voices on X · last 7 days

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