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Cadiz Inc. (CDZIP) Stock Fundamental Analysis & AI Rating 2026

CDZIP Nasdaq Water Supply DE CIK: 0000727273
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
92% Conf

📊 CDZIP Key Takeaways

Revenue: $11.2M
Net Margin: -217.2%
Free Cash Flow: $-18.3M
Current Ratio: 1.26x
Debt/Equity: 2.16x
EPS: $0.00
AI Rating: STRONG SELL with 92% confidence
Cadiz Inc. (CDZIP) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $11.2M, net profit margin of -217.2%, and return on equity (ROE) of -88.0%, Cadiz Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete CDZIP stock analysis for 2026.

Is Cadiz Inc. (CDZIP) a Good Investment?

Claude

Cadiz Inc exhibits severe fundamental deterioration with massive operating losses (-162.1% margin), negative free cash flow (-$18.3M), and a precarious balance sheet burdened by $59.8M in long-term debt against only $4.4M in cash. Despite 382.6% revenue growth, the company is burning cash at an unsustainable rate with negative operating cash flow of -$12.0M, indicating the revenue growth is not translating to viable operations.

ChatGPT

Cadiz shows explosive top-line growth, but the growth quality appears very weak because revenue of $11.23M translated into only $111K of gross profit and deeply negative operating and free cash flow. The balance sheet is highly leveraged relative to equity, interest coverage is negative, and continued losses suggest the business remains dependent on external financing rather than internally funded operations.

Why Buy Cadiz Inc. Stock? CDZIP Key Strengths

Claude
  • + Strong revenue growth of 382.6% year-over-year demonstrates market demand or successful commercialization efforts
  • + Current ratio of 1.26x provides minimal short-term liquidity cushion
  • + Water supply sector operates in essential services industry with long-term demand potential
ChatGPT
  • + Revenue grew 382.6% year over year, indicating some commercial momentum
  • + Current ratio of 1.26x suggests near-term liquidity is not yet severely impaired
  • + Positive equity of $27.73M provides some remaining balance sheet cushion

CDZIP Stock Risks: Cadiz Inc. Investment Risks

Claude
  • ! Catastrophic profitability with net margin of -217.2% and operating margin of -162.1% indicating business model is fundamentally unprofitable at current scale
  • ! Severe cash burn with operating cash flow of -$12.0M and free cash flow of -$18.3M creating urgent sustainability concerns
  • ! High leverage with debt-to-equity ratio of 2.16x, negative interest coverage of -2.9x, and only $4.4M cash against $59.8M long-term debt creating default risk
  • ! Negative ROE (-88.0%) and ROA (-19.1%) demonstrate value destruction for shareholders and asset base deterioration
  • ! Extremely thin gross margin of 1.0% suggests fundamental pricing power or cost structure problems
ChatGPT
  • ! Gross margin of 1.0% and operating margin of -162.1% indicate an uneconomic operating model at current scale
  • ! Free cash flow of -$18.26M and operating cash flow of -$12.01M point to ongoing cash burn
  • ! Debt-to-equity of 2.16x, long-term debt of $59.84M, and negative interest coverage create meaningful financial stress

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to cash flow breakeven
  • * Gross margin expansion and operating leverage as revenue scales
  • * Cash position and runway before potential debt covenant violations or refinancing needs
  • * Capital expenditure requirements and working capital management
  • * Revenue sustainability and customer concentration risks
ChatGPT
  • * Gross margin and operating cash flow improvement
  • * Liquidity runway including cash balance relative to debt service and capital spending needs

Cadiz Inc. (CDZIP) Financial Metrics & Key Ratios

Revenue
$11.2M
Net Income
$-24.4M
EPS (Diluted)
$0.00
Free Cash Flow
$-18.3M
Total Assets
$128.0M
Cash Position
$4.4M

💡 AI Analyst Insight

Cadiz Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CDZIP Profit Margin, ROE & Profitability Analysis

Gross Margin 1.0%
Operating Margin -162.1%
Net Margin -217.2%
ROE -88.0%
ROA -19.1%
FCF Margin -162.6%

CDZIP vs Utilities Sector: How Cadiz Inc. Compares

How Cadiz Inc. compares to Utilities sector averages

Net Margin
CDZIP -217.2%
vs
Sector Avg 12.0%
CDZIP Sector
ROE
CDZIP -88.0%
vs
Sector Avg 10.0%
CDZIP Sector
Current Ratio
CDZIP 1.3x
vs
Sector Avg 0.8x
CDZIP Sector
Debt/Equity
CDZIP 2.2x
vs
Sector Avg 1.4x
CDZIP Sector

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

Is Cadiz Inc. Stock Overvalued? CDZIP Valuation Analysis 2026

Based on fundamental analysis, Cadiz Inc. shows some fundamental concerns relative to the Utilities sector in 2026.

Return on Equity
-88.0%
Sector avg: 10%
Net Profit Margin
-217.2%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.16x
Sector avg: 1.4x

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.

Cadiz Inc. Balance Sheet: CDZIP Debt, Cash & Liquidity

Current Ratio
1.26x
Quick Ratio
0.96x
Debt/Equity
2.16x
Debt/Assets
78.3%
Interest Coverage
-2.95x
Long-term Debt
$59.8M

CDZIP Revenue & Earnings Growth: 5-Year Financial Trend

CDZIP 5-year financial data: Year 2021: Revenue $564.0K, Net Income -$37.8M, EPS N/A. Year 2022: Revenue $1.5M, Net Income -$31.2M, EPS $-0.84. Year 2023: Revenue $2.0M, Net Income -$24.8M, EPS $-0.60. Year 2024: Revenue $9.6M, Net Income -$31.4M, EPS $-0.56. Year 2025: Revenue $16.3M, Net Income -$31.1M, EPS $-0.53.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cadiz Inc.'s revenue has grown significantly by 2,792% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.53 indicates the company is currently unprofitable.

CDZIP 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
-162.6%
Free cash flow / Revenue

CDZIP Quarterly Earnings & Performance

Quarterly financial performance data for Cadiz Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.2M -$6.8M $-0.10
Q2 2025 $513.0K -$6.9M $-0.11
Q1 2025 $1.1M -$6.9M $-0.12
Q3 2024 $368.0K -$6.8M $-0.12
Q2 2024 $513.0K -$6.9M $-0.13
Q1 2024 $130.0K -$6.9M $-0.12
Q3 2023 $368.0K -$5.5M $-0.12
Q2 2023 $185.0K -$5.5M $-0.13

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

Cadiz Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$12.0M
Cash generated from operations
Capital Expenditures
$6.3M
Investment in assets
Dividends Paid
$3.8M
Returned to shareholders

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

Access official SEC EDGAR filings for Cadiz Inc. (CIK: 0000727273)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 4 xslF345X06/primary_doc.xml View →
Apr 10, 2026 4 xslF345X06/primary_doc.xml View →
Apr 10, 2026 4 xslF345X06/primary_doc.xml View →
Apr 3, 2026 4 xslF345X06/primary_doc.xml View →
Apr 3, 2026 4 xslF345X06/primary_doc.xml View →

Frequently Asked Questions about CDZIP

What is the AI rating for CDZIP?

Cadiz Inc. (CDZIP) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CDZIP's key strengths?

Claude: Strong revenue growth of 382.6% year-over-year demonstrates market demand or successful commercialization efforts. Current ratio of 1.26x provides minimal short-term liquidity cushion. ChatGPT: Revenue grew 382.6% year over year, indicating some commercial momentum. Current ratio of 1.26x suggests near-term liquidity is not yet severely impaired.

What are the risks of investing in CDZIP?

Claude: Catastrophic profitability with net margin of -217.2% and operating margin of -162.1% indicating business model is fundamentally unprofitable at current scale. Severe cash burn with operating cash flow of -$12.0M and free cash flow of -$18.3M creating urgent sustainability concerns. ChatGPT: Gross margin of 1.0% and operating margin of -162.1% indicate an uneconomic operating model at current scale. Free cash flow of -$18.26M and operating cash flow of -$12.01M point to ongoing cash burn.

What is CDZIP's revenue and growth?

Cadiz Inc. reported revenue of $11.2M.

Does CDZIP pay dividends?

Cadiz Inc. pays dividends, with $3.8M distributed to shareholders in the trailing twelve months.

Where can I find CDZIP SEC filings?

Official SEC filings for Cadiz Inc. (CIK: 0000727273) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CDZIP's EPS?

Cadiz Inc. has a diluted EPS of $0.00.

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 CDZIP a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Cadiz Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CDZIP stock overvalued or undervalued?

Valuation metrics for CDZIP: ROE of -88.0% (sector avg: 10%), net margin of -217.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy CDZIP stock in 2026?

Our dual AI analysis gives Cadiz 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 CDZIP's free cash flow?

Cadiz Inc.'s operating cash flow is $-12.0M, with capital expenditures of $6.3M. FCF margin is -162.6%.

How does CDZIP compare to other Utilities stocks?

Vs Utilities sector averages: Net margin -217.2% (avg: 12%), ROE -88.0% (avg: 10%), current ratio 1.26 (avg: 0.8).

Is Cadiz Inc. carrying too much debt?

CDZIP has a debt-to-equity ratio of 2.16x, which is above the Utilities sector average of 1.4x. However, the current ratio of 1.26 suggests adequate short-term liquidity.

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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 22, 2026 | Data as of: 2025-09-30 | Powered by Claude AI