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MICS Overview

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Intellectia

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High
--
Open
--
VWAP
--
Vol
--
Mkt Cap
7.77M
Low
--
Amount
--
EV/EBITDA(TTM)
--
Total Shares
--
EV
1.84M
EV/OCF(TTM)
--
P/S(TTM)
0.02
The Singing Machine Company, Inc. is a global karaoke and music entertainment company that specializes in the design and production of karaoke and music enabled consumer products for adults and children. The Company's product portfolio includes Karaoke, Licensed Products, Microphones and Accessories, Singing Machine Kids Youth Electronics, Automotive, and Music Subscriptions. Its karaoke products are Bluetooth enabled, which allow access to digital music content via the Company's mobile applications available on iOS and Android platforms. Its licensed products include brands, such as Carpool Karaoke. Microphones and Accessories offers a line of traditional microphone accessories. The Company's kids line of products offers fun music entertainment features designed specifically for children. The Company offers karaoke music subscription services for the iOS and Android platforms, as well as a Web-based download store and integrated streaming services for Company's hardware.
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Events Timeline

(ET)
2024-09-05
07:17:47
Singing Machine announces corporate rebrand to Algorhythm
select

News

CNBC
4.5
02-13CNBC
Market Declines Amid AI Disruption Concerns
  • Market Decline: The Dow Jones Industrial Average fell over 600 points, or 1.34%, while the S&P 500 dropped 1.57%, reflecting investor concerns about the potential disruptions caused by artificial intelligence across various sectors.
  • Sector Rotation: As investors rotate out of industries most exposed to AI, office real estate and logistics stocks suffered significant losses, particularly due to fears that new AI tools could reduce the need for office space, causing market jitters.
  • Tech Stocks Hit Hard: Cisco's shares plummeted 12%, marking its worst single-day drop since 2022, primarily due to rising memory prices impacting profit margins, while Apple's stock fell 5%, its largest one-day decline since last April, amid reports of delays in its Siri update.
  • Economic Data Watch: The Bureau of Labor Statistics is set to release January's consumer price index, with economists forecasting a 2.5% year-over-year increase, which, if met, would bring the inflation gauge back to levels seen in May 2025, drawing significant investor attention.
Newsfilter
2.0
02-13Newsfilter
Logistics Stocks Hit by AI Fear Trade
  • Logistics Stocks Plummet: Logistics stocks faced significant declines on Thursday due to the new tool SemiCab from AI firm Algorhythm Holdings, with C.H. Robinson and RXO both dropping nearly 20%, highlighting market fears surrounding AI's impact.
  • Real Estate Market Turmoil: The sell-off in commercial real estate companies continued on Thursday, with CBRE's stock declining by 0.6%, reflecting growing investor concerns about AI disruption, which could lead to a long-term decline in market confidence.
  • Software Stock Volatility: Following a historic sell-off, software stocks were again affected on Thursday, with Palantir Technologies down 1.5%, indicating high uncertainty in the market regarding AI's potential effects, which may prompt investors to reassess their portfolios.
  • Investor Strategy Adjustments: UBS strategists noted that the latest advancements in AI validate its transformative potential, recommending that investors diversify across sectors and geographies to mitigate the market fluctuations caused by AI.
CNBC
2.0
02-13CNBC
AI Concerns Trigger Sell-Off in Logistics and Real Estate Stocks
  • Logistics Stocks Plummet: The introduction of Algorhythm Holdings' new tool SemiCab led to a sell-off in logistics stocks on Thursday, with C.H. Robinson and RXO both dropping 20%, indicating heightened market fears regarding AI disruption that could undermine industry confidence.
  • Real Estate Market Turmoil: Commercial real estate firm CBRE suffered nearly an 8% loss during Thursday's sell-off and continued to decline by 0.6% on Friday, reflecting investor unease about the market outlook under AI's influence, which may lead to capital outflows and financing challenges.
  • Software Stock Volatility: Despite a historic sell-off last week, software stocks faced renewed pressure on Thursday, with Palantir Technologies down 1.5%, highlighting market concerns over AI's impact that could affect future investment decisions.
  • Investor Strategy Adjustments: UBS strategists noted that the latest advances in AI validate its monetization potential, recommending investors diversify across sectors and geographies to navigate the transformative changes brought by AI, reflecting a reassessment of future investment portfolios.
CNBC
4.5
02-13CNBC
AI Technology Disrupts Market Dynamics
  • Significant Industry Impact: The rapid advancement of artificial intelligence has severely impacted stocks in real estate, logistics, and finance, particularly in logistics where Algorhythm Holdings' new tool claims to increase freight volumes by 300% to 400%, leading to a sharp decline in related stocks.
  • Market Reaction: Elon Musk warned that AI could lead to increased vacancy rates in office buildings, further affecting the leasing market, reflecting concerns about AI replacing white-collar jobs and potentially slowing economic growth.
  • Divergent Company Performance: While most sectors are negatively affected by AI, Siemens saw its stock rise in European trading after raising its earnings outlook for fiscal year 2026, indicating the potential of AI applications in industrial manufacturing.
  • International Trade Dynamics: The U.S. signed a trade deal with Taiwan that lowers tariffs on Taiwanese exports to 15%, while Taiwan will reduce 99% of tariffs on U.S. goods, highlighting shifts in global trade relationships and their potential market impacts.
CNBC
4.5
02-13CNBC
AI Disruption Hits Markets, Real Estate and Logistics Suffer
  • Market Reaction: Stocks in real estate, logistics, and finance sectors plummeted due to AI concerns, indicating a risk-averse sentiment among investors towards high-fee, labor-intensive business models.
  • AI Impact: The new tool from Algorhythm Holdings claims to increase freight volumes by 300% to 400% without hiring more employees, leading to a sharp decline in logistics stocks and reflecting fears of AI replacing traditional jobs.
  • Investment Dynamics: SoftBank of Japan added $4.2 billion in value to its OpenAI investment, boosting its Vision Fund by $2.4 billion in Q1 2026, demonstrating the ongoing strong investment potential in the AI sector.
  • Economic Indicators: The U.S. consumer price index is expected to show a 2.5% year-over-year increase, which could significantly impact markets, with the S&P 500 potentially losing up to 2.5% depending on core monthly data fluctuations.
CNBC
9.5
02-12CNBC
AWS CEO Expresses Strong Confidence in Future Growth
  • Cloud Revenue Growth: Amazon's cloud computing segment reported a revenue of $35.6 billion in Q4, reflecting a 24% year-over-year increase that surpassed analyst expectations, showcasing the segment's robust performance and ongoing growth potential in the market.
  • Operating Margin Improvement: AWS achieved a 35% operating margin, slightly widening from the previous quarter, indicating positive progress in cost control and efficiency enhancement, thereby strengthening its profitability.
  • Impact of AI Technology: AWS CEO Matt Garman stated that while market fears regarding AI models potentially slowing software company growth are overblown, AI is indeed a disruptive force that will change how software is consumed and built, emphasizing the necessity for continuous innovation.
  • Growing Customer Demand: Garman highlighted that customer demand for computing technology and infrastructure will continue to rise, whether through self-building, AI-based solutions, or purchasing from SaaS vendors, a trend that will drive AWS's future business expansion.
Wall Street analysts forecast MICS stock price to rise
0 Analyst Rating
Wall Street analysts forecast MICS stock price to rise
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0 Sell
Current: 0.000
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Valuation Metrics

The current forward P/E ratio for Singing Machine Company Inc (MICS.O) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Singing Machine Company Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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5Y Average PE
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Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
Current EV/EBITDA
NaN
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Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
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5Y Average PS
Current PS
NaN
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Frequently Asked Questions

What is Singing Machine Company Inc (MICS) stock price today?

The current price of MICS is 0 USD — it has increased 0

What is Singing Machine Company Inc (MICS)'s business?

The Singing Machine Company, Inc. is a global karaoke and music entertainment company that specializes in the design and production of karaoke and music enabled consumer products for adults and children. The Company's product portfolio includes Karaoke, Licensed Products, Microphones and Accessories, Singing Machine Kids Youth Electronics, Automotive, and Music Subscriptions. Its karaoke products are Bluetooth enabled, which allow access to digital music content via the Company's mobile applications available on iOS and Android platforms. Its licensed products include brands, such as Carpool Karaoke. Microphones and Accessories offers a line of traditional microphone accessories. The Company's kids line of products offers fun music entertainment features designed specifically for children. The Company offers karaoke music subscription services for the iOS and Android platforms, as well as a Web-based download store and integrated streaming services for Company's hardware.

What is the price predicton of MICS Stock?

Wall Street analysts forecast MICS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MICS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Singing Machine Company Inc (MICS)'s revenue for the last quarter?

Singing Machine Company Inc revenue for the last quarter amounts to 2.43M USD, decreased -28.29

What is Singing Machine Company Inc (MICS)'s earnings per share (EPS) for the last quarter?

Singing Machine Company Inc. EPS for the last quarter amounts to -0.37 USD, decreased -61.05

How many employees does Singing Machine Company Inc (MICS). have?

Singing Machine Company Inc (MICS) has 37 emplpoyees as of March 11 2026.

What is Singing Machine Company Inc (MICS) market cap?

Today MICS has the market capitalization of 7.77M USD.