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Bolt Projects Holdings, Inc. (BSLKW) Stock Fundamental Analysis & AI Rating 2026

BSLKW OTC Industrial Organic Chemicals DE CIK: 0001841125
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
94% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
93% Conf

📊 BSLKW Key Takeaways

Revenue: $1.8M
Net Margin: -977.8%
Free Cash Flow: $-2.6M
Current Ratio: 0.69x
Debt/Equity: N/A
EPS: $-8.21
AI Rating: STRONG SELL with 95% confidence
Bolt Projects Holdings, Inc. (BSLKW) receives a STRONG SELL rating with 94% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.8M, net profit margin of -977.8%, Bolt Projects Holdings, Inc. demonstrates mixed fundamentals in the Materials sector. Below is our complete BSLKW stock analysis for 2026.

Is Bolt Projects Holdings, Inc. (BSLKW) a Good Investment?

Claude

Bolt Projects Holdings exhibits critical financial distress with negative stockholders equity of -12.7M, indicating liabilities exceed assets and shareholders have negative net worth. The company is burning cash with -2.6M operating cash flow, collapsing revenue (-60.1% YoY), and massive operating losses (-791.2% margin), suggesting fundamental business deterioration without clear path to profitability.

ChatGPT

Bolt Projects Holdings, Inc. shows severely impaired fundamentals, with revenue down 60.1% year over year, gross margin of just 6.5%, and operating and net margins that indicate the business is far from economic viability. The balance sheet is distressed, with negative equity, weak liquidity, and ongoing cash burn, which makes the growth profile low quality and increases the risk of future financing pressure.

Why Buy Bolt Projects Holdings, Inc. Stock? BSLKW Key Strengths

Claude
  • + Maintains $4.7M cash position providing near-term liquidity runway
  • + Still generating minimal gross profit ($119K) indicating some revenue conversion at product level
  • + Recent insider activity (10 Form 4 filings) suggests management engagement with capital structure
ChatGPT
  • + The company still generated positive gross profit, indicating the core business is not operating at a gross loss
  • + Cash of $4.75M provides some near-term operating flexibility
  • + Capital expenditure requirements are currently very low, limiting additional cash demands from investment spending

BSLKW Stock Risks: Bolt Projects Holdings, Inc. Investment Risks

Claude
  • ! Negative stockholders equity of -12.7M represents technical insolvency and existential risk to equity holders
  • ! Revenue collapsed 60.1% YoY while operating losses widened to -14.6M, indicating accelerating deterioration
  • ! Operating cash flow of -2.6M combined with $12.9M long-term debt creates imminent refinancing risk and potential bankruptcy scenario
  • ! Current ratio of 0.69x and quick ratio of 0.59x indicate inability to cover short-term obligations, severe liquidity crisis
  • ! Operating margin of -791.2% and net margin of -977.8% demonstrate fundamentally broken business model with no profitability trajectory
ChatGPT
  • ! Revenue contraction of 60.1% year over year suggests severe commercial weakness and poor growth quality
  • ! Negative stockholders equity and liabilities exceeding assets indicate a highly stressed balance sheet
  • ! Operating cash flow and free cash flow are both negative, raising concern about funding needs if losses persist

Key Metrics to Watch

Claude
  • * Quarterly revenue trends and ability to stabilize top-line decline
  • * Operating cash flow and cash runway before depletion
  • * Total liabilities trajectory and debt restructuring announcements
ChatGPT
  • * Revenue stabilization and gross margin recovery
  • * Cash runway and improvement in current ratio

Bolt Projects Holdings, Inc. (BSLKW) Financial Metrics & Key Ratios

Revenue
$1.8M
Net Income
$-18.0M
EPS (Diluted)
$-8.21
Free Cash Flow
$-2.6M
Total Assets
$11.1M
Cash Position
$4.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BSLKW Profit Margin, ROE & Profitability Analysis

Gross Margin 6.5%
Operating Margin -791.2%
Net Margin -977.8%
ROE N/A
ROA -161.9%
FCF Margin -139.3%

BSLKW vs Materials Sector: How Bolt Projects Holdings, Inc. Compares

How Bolt Projects Holdings, Inc. compares to Materials sector averages

Net Margin
BSLKW -977.8%
vs
Sector Avg 10.0%
BSLKW Sector
ROE
BSLKW 0.0%
vs
Sector Avg 14.0%
BSLKW Sector
Current Ratio
BSLKW 0.7x
vs
Sector Avg 1.6x
BSLKW Sector
Debt/Equity
BSLKW 0.0x
vs
Sector Avg 0.6x
BSLKW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Bolt Projects Holdings, Inc. Stock Overvalued? BSLKW Valuation Analysis 2026

Based on fundamental analysis, Bolt Projects Holdings, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
N/A
Sector avg: 14%
Net Profit Margin
-977.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Bolt Projects Holdings, Inc. Balance Sheet: BSLKW Debt, Cash & Liquidity

Current Ratio
0.69x
Quick Ratio
0.59x
Debt/Equity
N/A
Debt/Assets
214.5%
Interest Coverage
N/A
Long-term Debt
$12.9M

BSLKW Revenue & Earnings Growth: 5-Year Financial Trend

BSLKW 5-year financial data: Year 2024: Revenue $3.4M, Net Income -$57.7M, EPS $-7.75.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bolt Projects Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-7.75 indicates the company is currently unprofitable.

BSLKW Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-139.3%
Free cash flow / Revenue

BSLKW Quarterly Earnings & Performance

Quarterly financial performance data for Bolt Projects Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $5.0K -$4.6M $-2.70
Q2 2025 $56.0K -$4.6M $-2.20
Q1 2025 $19.0K -$6.0M $-3.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Bolt Projects Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.6M
Cash generated from operations
Stock Buybacks
$287.1M
Shares repurchased (TTM)
Capital Expenditures
$13.0K
Investment in assets
Dividends
None
No dividend program

BSLKW SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Bolt Projects Holdings, Inc. (CIK: 0001841125)

📋 Recent SEC Filings

Date Form Document Action
Feb 27, 2026 8-K bslk-20260225.htm View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625802.xml View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625736.xml View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625694.xml View →
Jan 5, 2026 8-K bslk-20251231.htm View →

Frequently Asked Questions about BSLKW

What is the AI rating for BSLKW?

Bolt Projects Holdings, Inc. (BSLKW) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BSLKW's key strengths?

Claude: Maintains $4.7M cash position providing near-term liquidity runway. Still generating minimal gross profit ($119K) indicating some revenue conversion at product level. ChatGPT: The company still generated positive gross profit, indicating the core business is not operating at a gross loss. Cash of $4.75M provides some near-term operating flexibility.

What are the risks of investing in BSLKW?

Claude: Negative stockholders equity of -12.7M represents technical insolvency and existential risk to equity holders. Revenue collapsed 60.1% YoY while operating losses widened to -14.6M, indicating accelerating deterioration. ChatGPT: Revenue contraction of 60.1% year over year suggests severe commercial weakness and poor growth quality. Negative stockholders equity and liabilities exceeding assets indicate a highly stressed balance sheet.

What is BSLKW's revenue and growth?

Bolt Projects Holdings, Inc. reported revenue of $1.8M.

Does BSLKW pay dividends?

Bolt Projects Holdings, Inc. does not currently pay dividends.

Where can I find BSLKW SEC filings?

Official SEC filings for Bolt Projects Holdings, Inc. (CIK: 0001841125) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BSLKW's EPS?

Bolt Projects Holdings, Inc. has a diluted EPS of $-8.21.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BSLKW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Bolt Projects Holdings, Inc. has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BSLKW stock overvalued or undervalued?

Valuation metrics for BSLKW: ROE of N/A (sector avg: 14%), net margin of -977.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy BSLKW stock in 2026?

Our dual AI analysis gives Bolt Projects Holdings, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BSLKW's free cash flow?

Bolt Projects Holdings, Inc.'s operating cash flow is $-2.6M, with capital expenditures of $13.0K. FCF margin is -139.3%.

How does BSLKW compare to other Materials stocks?

Vs Materials sector averages: Net margin -977.8% (avg: 10%), ROE N/A (avg: 14%), current ratio 0.69 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-09-30 | Powered by Claude AI