BNAI · NASDAQ · Software - Infrastructure

Brand Engagement Network (BNAI)

Connects conversational AI with enterprise workflows and media operations.

$6.51
vs last close−0.45 (−6.46%)
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Brand Engagement Network, Inc.BNAI
Information Technology

Provides secure conversational AI for customer engagement and workflow automation, alongside Cataneo's media infrastructure software. The compact enterprise software business serves regulated and customer-facing industries while integrating a newly acquired operation.

Provides secure conversational AI through its Engagement Language Model, supporting customer interactions, workflow automation, and operational intelligence. The platform serves regulated and customer-facing industries including healthcare, hospitality, mobility, government, media, and retail.

Cataneo adds enterprise software for media and advertising infrastructure. Its completed acquisition extends the business from conversational AI into established media workflows and customer relationships, with integration still underway.

Founder-led product development and a compact workforce support the legacy AI platform. The listed company emerged through a 2024 SPAC combination, while the operating business dates to 2018. Execution depends on continued financing, Cataneo integration, and the outcome of unresolved litigation involving a former reseller relationship.

Company facts

CEOTyler J. Luck
ListedMar 15, 2024
ExchangeNASDAQ
HeadquartersWilmington, DE
CountryUnited States
Employees29
CIK0001838163
ISINUS1049322076

Market cap$47.1M
EPS (ttm)−$2.57
P/E (ttm)−2.71
ROE
P/B
P/S89.85
Dividend yieldDiv yield
Beta1.21vs XLK −1.08

No analyst consensus on record.

Next report
Nov 13, 26
in 51 days
EPS estimate
−$0.66
Revenue estimate
$1.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Jun '25Oct '25Nov '25Apr '26May '26Aug '26Nov '26
Reported−$4.54−$0.90−$0.70−$0.60−$0.70−$0.51−$0.49Pending
Estimate−$1.70−$1.50−$1.40−$1.40−$1.40−$1.20−$0.80−$0.66
Surprise−166.9%+40.0%+50.0%+57.1%+50.0%+57.5%+38.8%

RevenueReportedEstimate

Mar '25Jun '25Oct '25Nov '25Apr '26May '26Aug '26Nov '26
Reported$10.0K$5.0K$60.1K$200.0K$100.0K$160.1KPending
Estimate$300.0K$1.0M$300.0K$100.0K$1.9M
Surprise−96.7%−80.0%−66.7%+60.1%
Estimate−$0.66
ReportedDue Nov 13, 2026
Estimate$1.9M
ReportedDue Nov 13, 2026
View details

Debt to equity10.50%
Current ratio28.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$50.0K$0$10.0K$5.0K$60.1K$200.0K$104.3K$160.1K
Net income−$5.8M−$18.0M−$3.6M$905.1K−$2.5M−$3.4M−$3.1M−$3.4M
Net margin0.0%0.0%18,101.6%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$5.3M−$18.1M−$4.2M−$2.8M−$2.3M−$3.3M−$3.3M−$3.5M
YoY growthLoss widenedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $708.2M · Total debt $2.03B · Total assets $30.70B · Shareholders' equity $19.44B

Revenue
$160.1K
Operating income
−$3.5M
Net income
−$3.4M
View details

No dividends on record.

Institutions16.11%1.09M shares
41 holders · as of Jun 30, 2026
Insiders10.19%690.2K shares
9 holders · as of Apr 7, 2026
Strategic holders6.87%464.9K shares
1 holder · as of May 19, 2026
Other66.83%4.53M shares
remainder

6.77M company shares as of Aug 24, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (7.49M in the company's Sep 23, 2026 report, 6.77M elsewhere); stakes use the report.

The reported float (4.16M, 85.6% free) does not reconcile with the share count, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Joseph BevashInsider
8.44%571,662filed Apr 7, 2026
BEN Capital Fund I LLCStrategic
6.87%464,923filed May 19, 2026
BlackRock, Inc.Institution
4.90%331,578as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
2.14%145,195as of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.59%107,716as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 12, 2025Venkata Ramana Pinnamofficer: SVP ENGINEERING−3,728$2.65
Dec 15, 2025Venkata Ramana Pinnamofficer: SVP ENGINEERING−267$2.59
View details

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Compare

CompanyPriceChange
Brand Engagement Network$6.51−6.46%$47.1M89.8+3,101.7%
Microsoft$498.92+0.18%$3.70T27.725.411.1+17.8%
Alphabet Class A$342.01−2.61%$4.25T17.625.59.5+24.2%
Amazon$249.39−2.19%$2.74T20.526.73.5+19.6%
Salesforce$237.11+1.64%$191.06B21.316.24.3+10.8%
NiCE (ADR)$121.61+2.81%$6.93B17.110.22.2+7.7%
SoundHound AI$6.03−1.47%$2.67B13.1+45.0%
Median20.525.46.9+18.7%