# Eightco Holdings Inc. (ORBS)

> Source: Nexqual · https://nexqual.com/ORBS · data as of 2026-10-29 14:10 UTC · cite as "Nexqual, Eightco Holdings Inc. (ORBS), nexqual.com/ORBS" · informational, not investment advice.

**Price:** USD 0.83 (+6.07% today) · US market open, as of October 29, 2026 at 14:10 UTC; quotes may be delayed. Prev close 0.78 · day 0.81–0.84 · 52w 0.57–5.27 · market cap $346M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $25.1M, net income -$317M (-1260.9% margin) (SEC filings).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $224K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y -84.5% vs S&P 500 +13.1%; 5Y -100.0% vs S&P 500 +79.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $7.9M | $31.8M | $67.6M | $39.6M | $33.0M | $25.1M |
| Gross profit | $2.2M | $2.2M | $6.3M | $6.0M | $534K | — |
| Operating income | -$431K | -$15.5M | -$10.7M | -$8.2M | -$57.2M | -$76.9M |
| Net income | $29K | -$47.3M | -$68.3M | $709K | -$262M | -$317M |
| EPS (diluted) | — | -$754.75 | -$23.63 | $0.36 | -$4.14 | — |
| Free cash flow | — | — | — | -$6.6M | -$11.0M | — |
| Gross margin | 27.8% | 6.9% | 9.3% | 15.1% | 1.6% | — |
| Operating margin | -5.5% | -48.7% | -15.8% | -20.7% | -173.5% | -306.2% |
| Net margin | 0.4% | -148.5% | -101.1% | 1.8% | -794.4% | -1260.9% |
| Revenue growth | — | +304.1% | +112.3% | -41.4% | -16.8% | — |
| Cash + short-term investments | $911K | $5.6M | $5.2M | $239K | $58.5M | — |
| Total debt | $12K | $24.8M | $14.1M | $9.5M | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 13.8x · P/B 0.9x · Earnings yield -91.54%
P/E at fiscal year-ends: Dec 2024 6.1x.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $224K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-28 | O'Donnell Kevin J | CEO | 50,000 | $40K | 0.81 | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-11 | O'Donnell Kevin J | CEO | 200,000 | $184K | 0.92 | Too little history (no open-market trades in 2023 or 2024) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2022-05-16) |
|---|---|---|
| Total return | -84.5% | -100.0% |
| S&P 500 (SPY) | +13.1% | +79.1% |
| Per year | -84.5% | -84.6% |
| Volatility (annualized) | 118.8% | 176.6% |
| Max drawdown | -89.1% (Oct 2025→Jul 2026) | -100.0% (May 2022→Jul 2026) |

## Peers (Packaging & Containers)
PACK (Ranpak Holdings Corp) USD 3.1 -18.12% · OI (O-I Glass, Inc.) USD 5.34 -5.15% · KRT (Karat Packaging Inc.) USD 54.26 +1.60% · MYE (Myers Industries, Inc.) USD 27.75 -13.84% · TRS (TriMas Corporation) USD 39.2 -0.42% · GPK (Graphic Packaging Holding Compa) USD 8.79 +2.87%

## More
Full page: https://nexqual.com/ORBS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in ORBS's own 10-K filed 2026-04-15 (https://www.sec.gov/Archives/edgar/data/1892492/000149315226016664/form10-k.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | OpenAI | "strategic investment portfolio is concentrated in a small number of private companies, and our investment in OpenAI represents approximately" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-10-30 | 1 | 261.7% | ±34.4% |
| 2026-11-06 | 8 | 180.9% | ±37.7% |
| 2026-11-13 | 15 | 159.7% | ±39.0% |
| 2026-11-20 | 22 | 114.7% | ±36.4% |
| 2026-11-27 | 29 | 164.6% | ±48.1% |
| 2026-12-18 | 50 | 126.5% | ±58.4% |
| 2027-01-15 | 78 | 128.4% | ±61.7% |
| 2027-04-16 | 169 | 136.4% | ±74.7% |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 15, 2024 | — | — | — | — | +22.1% |
| Aug 23, 2022 | — | — | — | — | -7.1% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-29 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226049192/0001493152-26-049192-index.htm |
| 2026-10-28 | DEF 14A | Proxy statement (pay, board, votes) · period ended Oct 27, 2026 | https://www.sec.gov/Archives/edgar/data/1892492/000149315226048788/0001493152-26-048788-index.htm |
| 2026-10-13 | 8-K | Other material event — “On October 8, 2026, Eightco Holdings Inc. (the "Company") received a written notification letter (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, for the preceding 10 consecutive business days (from September 24, 2026 to October 7, 2026), the closing bid price of the Company's common stock was at or above the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule…” | https://www.sec.gov/Archives/edgar/data/1892492/000149315226046741/0001493152-26-046741-index.htm |
| 2026-09-17 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226043055/0001493152-26-043055-index.htm |
| 2026-09-03 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226041326/0001493152-26-041326-index.htm |
| 2026-08-20 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226039380/0001493152-26-039380-index.htm |
| 2026-08-14 | Schedule 13G/A | CoinFund Management LLC: 0.0% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1892492/000208749326000015/0002087493-26-000015-index.htm |
| 2026-08-07 | 10-Q | Quarterly report · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1892492/000149315226036637/0001493152-26-036637-index.htm |
| 2026-08-07 | 8-K | Delisting notice or listing-rule failure — “On August 5, 2026, Eightco Holdings Inc. (the "Company") received a written notification letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, for the preceding 30 consecutive business days (from June 23, 2026 to August 4, 2026), the closing bid price of the Company's common stock was below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2).…” | https://www.sec.gov/Archives/edgar/data/1892492/000149315226036618/0001493152-26-036618-index.htm |
| 2026-08-06 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226036277/0001493152-26-036277-index.htm |
| 2026-07-27 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226034717/0001493152-26-034717-index.htm |
| 2026-07-16 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226033459/0001493152-26-033459-index.htm |
| 2026-07-09 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226032609/0001493152-26-032609-index.htm |
| 2026-07-02 | 8-K | Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1892492/000149315226031671/0001493152-26-031671-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.