(AISP) Airship AI Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0089401089

AI-Driven Surveillance, Outpost AI, Acropolis Suite, Airship Command

Description: AISP Airship AI Holdings October 29, 2025

Airship AI Holdings (NASDAQ:AISP) delivers AI-driven data-management and surveillance solutions in the U.S., centered on three core products: Outpost AI for edge-level data structuring, Acropolis-a modular enterprise-management suite (with versions for SMBs and for law-enforcement/defense), and Airship Command, a visualization layer that lets users interact with data and IoT devices in real time.

The firm monetizes these platforms through a mix of SaaS subscriptions, professional-services contracts (custom model training, integrations, workflow optimization), and ongoing support/maintenance fees. Its customer base spans federal and state government agencies, commercial enterprises, hospitals, schools, casinos, logistics firms, and retail chains.

Key market signals suggest upside potential: the global AI-enabled surveillance market is projected to grow at a CAGR of ~23% through 2028, and U.S. federal AI procurement budgets rose 18% YoY in FY 2024, creating a tailwind for vendors like Airship AI. As of the latest filing, the company reported a 42% year-over-year increase in annual recurring revenue (ARR) and a cash runway of roughly 14 months, indicating modest but accelerating traction.

Investors should note that Airship’s exposure to both commercial and defense sectors diversifies revenue risk, yet the firm remains early-stage with a high burn rate; any slowdown in government contract pipelines or a delay in scaling the SaaS model could materially affect cash flow.

For a deeper quantitative dive into AISP’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-first toolkit that can help you model outcomes under different adoption and funding assumptions.

AISP Stock Overview

Market Cap in USD 158m
Sub-Industry Application Software
IPO / Inception 2021-05-10

AISP Stock Ratings

Growth Rating -17.0%
Fundamental 50.3%
Dividend Rating -
Return 12m vs S&P 500 59.4%
Analyst Rating 4.50 of 5

AISP Dividends

Currently no dividends paid

AISP Growth Ratios

Growth Correlation 3m 7.3%
Growth Correlation 12m 45.9%
Growth Correlation 5y -50.3%
CAGR 5y -24.87%
CAGR/Max DD 3y (Calmar Ratio) -0.28
CAGR/Mean DD 3y (Pain Ratio) -0.57
Sharpe Ratio 12m -0.88
Alpha 93.01
Beta 0.310
Volatility 74.94%
Current Volume 1128.4k
Average Volume 20d 778.1k
Stop Loss 3.9 (-8.7%)
Signal -1.36

Piotroski VR‑10 (Strict, 0-10) 1.5

Net Income (-23.78b TTM) > 0 and > 6% of Revenue (6% = 823.5k TTM)
FCFTA -0.39 (>2.0%) and ΔFCFTA 87.42pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 25.0k% (prev -28.48%; Δ 25.0kpp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.18 (>3.0%) and CFO -1.83b > Net Income -23.78b (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.62 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (31.9m) change vs 12m ago 5.29% (target <= -2.0% for YES)
Gross Margin 52.18% (prev 44.22%; Δ 7.96pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 0.27% (prev 444.2%; Δ -444.0pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -14.90 (EBITDA TTM -2.07b / Interest Expense TTM 138.7m) >= 6 (WARN >= 3)

Altman Z'' -26.16

(A) 0.34 = (Total Current Assets 8.91b - Total Current Liabilities 5.49b) / Total Assets 10.08b
(B) -7.44 = Retained Earnings (Balance) -74.99b / Total Assets 10.08b
warn (B) unusual magnitude: -7.44 — check mapping/units
(C) -0.41 = EBIT TTM -2.07b / Avg Total Assets 5.04b
(D) -1.32 = Book Value of Equity -75.00b / Total Liabilities 56.96b
Total Rating: -26.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 50.29

1. Piotroski 1.50pt = -3.50
2. FCF Yield 77.17% = 5.0
3. FCF Margin data missing
4. Debt/Equity -0.02 = -2.50
5. Debt/Ebitda 2.53 = -1.02
7. RoE 202.5% = 2.50
8. Rev. Trend 13.77% = 1.03
9. EPS Trend -24.41% = -1.22

What is the price of AISP shares?

As of November 09, 2025, the stock is trading at USD 4.27 with a total of 1,128,418 shares traded.
Over the past week, the price has changed by -10.11%, over one month by -35.20%, over three months by -8.96% and over the past year by +81.70%.

Is Airship AI Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Airship AI Holdings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 50.29 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AISP is around 3.86 USD . This means that AISP is currently overvalued and has a potential downside of -9.6%.

Is AISP a buy, sell or hold?

Airship AI Holdings has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy AISP.
  • Strong Buy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the AISP price?

Issuer Target Up/Down from current
Wallstreet Target Price 11 157.6%
Analysts Target Price 11 157.6%
ValueRay Target Price 4.2 -1.4%

AISP Fundamental Data Overview November 01, 2025

Market Cap USD = 157.5m (157.5m USD * 1.0 USD.USD)
P/E Forward = 156.25
P/S = 11.4798
Beta = 0.31
Revenue TTM = 13.7m USD
EBIT TTM = -2.07b USD
EBITDA TTM = -2.07b USD
Long Term Debt = 1.07m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 416.6m USD (from shortTermDebt, last quarter)
Debt = 1.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.24b USD (from netDebt column, last quarter)
Enterprise Value = -5.08b USD (157.5m + Debt 1.07b - CCE 6.31b)
Interest Coverage Ratio = -14.90 (Ebit TTM -2.07b / Interest Expense TTM 138.7m)
FCF Yield = 77.17% (FCF TTM -3.92b / Enterprise Value -5.08b)
FCF Margin = -28.6k% (FCF TTM -3.92b / Revenue TTM 13.7m)
Net Margin = -173.2k% (Net Income TTM -23.78b / Revenue TTM 13.7m)
Gross Margin = 52.18% ((Revenue TTM 13.7m - Cost of Revenue TTM 6.56m) / Revenue TTM)
Gross Margin QoQ = 71.38% (prev 40.61%)
Tobins Q-Ratio = -0.50 (set to none) (Enterprise Value -5.08b / Total Assets 10.08b)
Interest Expense / Debt = 5.68% (Interest Expense 60.6m / Debt 1.07b)
Taxrate = -0.0% (0.0 / -23.76b)
NOPAT = -2.07b (EBIT -2.07b * (1 - -0.00%)) [loss with tax shield]
Current Ratio = 1.62 (Total Current Assets 8.91b / Total Current Liabilities 5.49b)
Debt / Equity = -0.02 (negative equity) (Debt 1.07b / totalStockholderEquity, last quarter -46.88b)
Debt / EBITDA = 2.53 (negative EBITDA) (Net Debt -5.24b / EBITDA -2.07b)
Debt / FCF = 1.34 (negative FCF - burning cash) (Net Debt -5.24b / FCF TTM -3.92b)
Total Stockholder Equity = -11.74b (last 4 quarters mean from totalStockholderEquity)
RoA = -235.9% (out of range, set to none)
RoE = 202.5% (negative equity) (Net Income TTM -23.78b / Total Stockholder Equity -11.74b)
RoCE = 17.60% (negative capital employed) (EBIT -2.07b / Capital Employed (Equity -11.74b + L.T.Debt 1.07m))
RoIC = 6145 % (out of range, set to none) (NOPAT -2.07b / Invested Capital -33.6m)
WACC = 5.87% (E(157.5m)/V(1.22b) * Re(7.16%) + D(1.07b)/V(1.22b) * Rd(5.68%) * (1-Tc(-0.0)))
Discount Rate = 7.16% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 25.03%
Fair Price DCF = unknown (Cash Flow -3.92b)
EPS Correlation: -24.41 | EPS CAGR: -18.20% | SUE: -1.07 | # QB: 0
Revenue Correlation: 13.77 | Revenue CAGR: -11.80% | SUE: N/A | # QB: 0

Additional Sources for AISP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle