Fusemachines Inc. (FUSE) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Fusemachines Inc. Do?
Fusemachines Inc. develops and delivers artificial intelligence (AI) as a service and machine learning software solutions. The company offers Fuse Anna which is an AI assistant for follow ups through daily reminders; and Fuse Prospector which is an artificial intelligence sales platform. Further, the company offers managed outbound services and AI as a service for big data processing, data management, and cloud analytics. Additionally, it offers Fusemachines AI fellowship program, which provides selected scholars from underserved communities with mentorship and resources to develop advanced skills in artificial intelligence and machine learning; as well as Fusemachines Academy, a learning platform to build and enhance skills. The company serves governments, financial institutions, and e-commerce companies. The company is based in New York, New York with an additional offices in Kathmandu, Nepal; Toronto, Canada; Kochi, India; Santo Domingo, Cuba. Fusemachines Inc. (FUSE) is classified as a micro-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO Sameer Raj Maskey and employs approximately 317 people. With a market capitalization of $27M, FUSE is one of the notable companies in the Technology sector.
Fusemachines Inc. (FUSE) Stock Rating — Avoid (April 2026)
As of April 2026, Fusemachines Inc. receives a Avoid rating with a composite score of 27.7/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.FUSE ranks #3,971 out of 4,446 stocks in our coverage universe. Within the Technology sector, Fusemachines Inc. ranks #495 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
FUSE Stock Price and 52-Week Range
Fusemachines Inc. (FUSE) currently trades at $1.74. The stock gained $0.89 (104.9%) in the most recent trading session. The 52-week high for FUSE is $3.67, which means the stock is currently trading -52.5% from its annual peak. The 52-week low is $1.23, putting the stock 42.2% above its annual trough. Recent trading volume was 126.9M shares, indicating strong institutional interest and high liquidity.
Is FUSE Overvalued or Undervalued? — Valuation Analysis
Fusemachines Inc. (FUSE) carries a value factor score of 21/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 53.49x, versus the sector average of 3.16x. The price-to-sales ratio is 0.79x, compared to 1.06x for the average Technology stock.
At current multiples, Fusemachines Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Fusemachines Inc. Profitability — ROE, Margins, and Quality Score
Fusemachines Inc. (FUSE) earns a quality factor score of 38/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -14.4%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -14.5% versus the sector average of -1.0%.
On a margin basis, Fusemachines Inc. reports gross margins of 55.8%, compared to 50.9% for the sector. The operating margin is -77.2% (sector: -0.5%). Net profit margin stands at -12.0%, versus -1.5% for the average Technology stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
FUSE Debt, Balance Sheet, and Financial Health
Fusemachines Inc. has a debt-to-equity ratio of 68.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 0.31x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $300,000. Cash and equivalents stand at $14,041.
FUSE has a beta of 2.17, meaning it is more volatile than the broader market — a $10,000 investment in FUSE would be expected to move 117.5% more than the S&P 500 on any given day. The stability factor score for Fusemachines Inc. is 13/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Fusemachines Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Fusemachines Inc. reported revenue of $0 and earnings per share (EPS) of $-0.08. Net income for the quarter was $-1M. Gross margin was 55.8%. Operating income came in at $-2M.
In FY 2025, Fusemachines Inc. reported revenue of $8M and earnings per share (EPS) of $-0.08. Net income for the quarter was $-928,000. Gross margin was 55.8%. Operating income came in at $-6M.
In Q2 2025, Fusemachines Inc. reported revenue of $0. Net income for the quarter was $-203,872. Operating income came in at $-374,417.
In Q1 2025, Fusemachines Inc. reported revenue of $0 and earnings per share (EPS) of $-1.90. Net income for the quarter was $-2M. Operating income came in at $-407,611.
Over the past 8 quarters, Fusemachines Inc. has experienced revenue contraction from $0 to $0. Investors analyzing FUSE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
FUSE Dividend Yield and Income Analysis
Fusemachines Inc. (FUSE) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
FUSE Momentum and Technical Analysis Profile
Fusemachines Inc. (FUSE) has a momentum factor score of 22/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 38/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
FUSE vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, Fusemachines Inc. (FUSE) ranks #495 out of 584 stocks based on the Blank Capital composite score. This places FUSE in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing FUSE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FUSE vs S&P 500 (SPY) comparison to assess how Fusemachines Inc. stacks up against the broader market across all factor dimensions.
FUSE Next Earnings Date
No upcoming earnings date has been announced for Fusemachines Inc. (FUSE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy FUSE? — Investment Thesis Summary
The quantitative profile for Fusemachines Inc. suggests caution. The quality score of 38/100 flags below-average profitability. The value score of 21/100 indicates premium valuation. Momentum is weak at 22/100, a headwind for near-term performance. High volatility (stability score 13/100) increases portfolio risk.
In summary, Fusemachines Inc. (FUSE) earns a Avoid rating with a composite score of 27.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FUSE stock.
Related Resources for FUSE Investors
Explore more research and tools: FUSE vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FUSE head-to-head with peers: FUSE vs IHS, FUSE vs VRSN, FUSE vs ESE.