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System1, Inc. (SST)

Industrials | Specialty Business Services | Los Angeles, United States | NYSE
2.61 USD -0.05 (-1.880%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 2.61 +0.00 (0.126%) ⇧ (July 13, 2026, 6:56 p.m. EDT)

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:29 a.m. EDT

The short-term outlook remains cautiously bearish due to a severe disconnect between the recent price surge and the company's deteriorating fundamentals. While the stock recently rallied over 100%, driven by thin-float momentum rather than operational improvements, the underlying business is in freefall. Revenue has contracted by half, profitability is nonexistent with negative operating margins, and the balance sheet is compromised by significant debt and negative book value. The recent price action appears to be a speculative bubble detached from reality, likely to correct as the market re-prices these stark realities. Looking further ahead, the investment case is virtually non-existent; the company has endured four consecutive years of double-digit annual declines, erasing nearly 94% of its value over the past four years. This persistent structural deterioration suggests the core business model is failing, making a long-term hold highly dangerous. Finally, there is no income component to consider, as the company has not paid a dividend in five years.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_105 ✓0.186989
MSTL_1050.209074
AutoETS0.292716
AutoARIMA0.306904
MSTL0.317640
MSTL_790.321371
AutoTheta0.340992

Forecast horizon: 60 days | Selected: MSTL_79_105

Forecast Reliability
Score 36%
H-stat 0.08
Ljung-Box p 0.000
Jarque-Bera p 0.181
Excess Kurtosis -0.48
Attribute Value
Sector Industrials
Revenue per Share 28.546
Market Cap 26,116,046
Forward P/E -0.33
Beta 1.53
Profit Margins -42.18%
Previous Name Trebia Acquisition Corp.
Website https://system1.com

Info Dump

Attribute Value
52 Week Change -0.5797788
Address1 4,235 Redwood Avenue
Address2 Marina Del Rey
All Time High 371.0
All Time Low 1.35
Ask 0.0
Ask Size 300
Average Daily Volume10 Day 60,340
Average Daily Volume3 Month 1,294,281
Average Volume 1,294,281
Average Volume10Days 60,340
Beta 1.527
Bid 0.0
Bid Size 5,600
Book Value -1.901
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.61
Current Ratio 0.888
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.765
Day Low 2.5801
Display Name System1
Earnings Call Timestamp End 1,762,380,000
Earnings Call Timestamp Start 1,762,380,000
Earnings Timestamp End 1,778,616,000
Earnings Timestamp Start 1,778,616,000
Ebitda 5,352,000
Ebitda Margins 0.02339
Enterprise To Ebitda 47.43
Enterprise To Revenue 1.109
Enterprise Value 253,842,736
Eps Forward -7.92
Eps Trailing Twelve Months -11.77
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.0758
Fifty Day Average Change -0.46580005
Fifty Day Average Change Percent -0.1514403
Fifty Two Week Change Percent -57.97788
Fifty Two Week High 9.3
Fifty Two Week High Change -6.6900005
Fifty Two Week High Change Percent -0.71935487
Fifty Two Week Low 1.35
Fifty Two Week Low Change 1.2599999
Fifty Two Week Low Change Percent 0.9333332
Fifty Two Week Range 1.35 - 9.3
Financial Currency USD
First Trade Date Milliseconds 1,596,807,000,000
Float Shares 4,489,852
Forward Eps -7.92
Forward P E -0.32954544
Free Cashflow 16,645,875
Full Exchange Name NYSE
Full Time Employees 250
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.03921
Gross Profits 8,974,000
Has Pre Post Market Data 1
Held Percent Insiders 0.72936
Held Percent Institutions 0.102419995
Implied Shares Outstanding 10,006,148
Industry Specialty Business Services
Industry Disp Specialty Business Services
Industry Key specialty-business-services
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,749,686,400
Last Split Factor 1:10
Long Business Summary System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally. It operates in two segments: Owned and Operated Advertising, and Partner Network. The company engages in the provision of acquiring traffic to its owned and operated websites, as well as revenue-sharing arrangements and related services. It also operates MapQuest, a web-based navigation service that delivers turn-by-turn direction services to users; Info.com, a metasearch engine that consumers can use to search for relevant information; HowStuffWorks, a commercial website focused on helping people solve problems in their daily lives by using various types of digital media to easily breakdown and explain complex concepts, topics, terminology, and mechanisms; Startpage, a private search engine that allows users to browse and search the Internet in complete privacy; and CouponFollow, a coupon destinations for online shoppers, as well as ActiveBeat and Infospace. In addition, the company offers antivirus software solutions, which provide customers a single packaged solution that offers protection and reporting to the end users. The company is based in Los Angeles, California.
Long Name System1, Inc.
Market us_market
Market Cap 26,116,046
Market State PREPRE
Max Age 86,400
Message Board Id finmb_371762797
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -96,529,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 21,858,257
Open 2.71
Operating Cashflow -14,332,000
Operating Margins -0.32269
Payout Ratio 0.0
Phone 310 924 6037
Post Market Change 0.00330019
Post Market Change Percent 0.12644407
Post Market Price 2.6133
Post Market Time 1,783,983,361
Prev Name Trebia Acquisition Corp.
Previous Close 2.66
Price Hint 4
Price To Book -1.3729615
Price To Sales Trailing12 Months 0.11411862
Profit Margins -0.42180002
Quick Ratio 0.833
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0500002
Regular Market Change Percent -1.87971
Regular Market Day High 2.765
Regular Market Day Low 2.5801
Regular Market Day Range 2.5801 - 2.765
Regular Market Open 2.71
Regular Market Previous Close 2.66
Regular Market Price 2.61
Regular Market Time 1,783,972,802
Regular Market Volume 25,879
Return On Assets -0.10299
Return On Equity -8.30648
Revenue Growth -0.5
Revenue Per Share 28.546
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 8,217,390
Shares Percent Shares Out 0.0253
Shares Short 207,868
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 254,691
Short Name System1, Inc.
Short Percent Of Float 0.0729
Short Ratio 1.88
Source Interval 15
State CA
Symbol SST
Total Cash 51,514,000
Total Cash Per Share 6.32
Total Debt 307,684,000
Total Revenue 228,850,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -11.77
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.96889
Two Hundred Day Average Change -1.35889
Two Hundred Day Average Change Percent -0.3423854
Type Disp Equity
Volume 25,879
Website https://system1.com
Zip 90,066