Sadot Group Inc. (SDOT) - Comprehensive Stock and Company Analysis

One-Sentence Summary of Key Findings: Sadot Group Inc. (SDOT) is a small-cap, highly volatile microcap company that pivoted from a U.S. restaurant chain (formerly Muscle Maker Inc.) to an agri-food supply chain and trading business focused on commodities and Southern African farming, characterized by significant recent revenue declines, substantial net losses, multiple reverse stock splits, Nasdaq compliance issues, limited analyst coverage, and extreme stock price fluctuations amid retail trading interest.

Stock Performance and Company Financials

Stock Performance Overview

Fact: The stock has exhibited extreme volatility, with a 52-week range of $2.63 to $460.00 (impacted by multiple reverse splits, including 1-for-10 and 1-for-20). Average daily volume is approximately 3.33 million shares, with recent sessions seeing spikes over 20 million shares. Beta (5Y monthly) is -1.58. YTD return approximately +5% (underperforming S&P 500's ~9%), while 1-year return around +90% (outperforming S&P 500's ~18-19%) but with massive drawdowns.

Interpretation: The high volatility and volume spikes are typical of microcap stocks with low float and retail-driven trading, often amplified by news events such as reverse splits, trading halts/resumptions, and short reports.

Uncertainty/Data Limitation: Performance metrics are influenced by reverse stock splits that reduce share count and inflate per-share prices historically; exact adjusted returns require careful calculation. Data as of mid-July 2026 from market sources; future performance highly uncertain due to operational and liquidity risks.

Company Financials

Fact: TTM Revenue: $114.8 million (down significantly year-over-year; FY2025 revenue reported around $247 million with sharp declines noted in quarterly results). Gross profit TTM: -$1.44 million. Net income TTM: -$98.32 million (profit margin -86.40%). Diluted EPS TTM: -$2,344.40. Operating margin TTM: -38.75%. Return on Assets TTM: -64.57%. Total cash (mrq): $409k. Total debt (mrq): $11.17 million. Current ratio (mrq): 0.04. Shares outstanding: ~1.06 million (post-splits).

MetricTTM / RecentNotes
Revenue$114.8MSignificant YoY decline from prior periods (e.g., FY2025 ~$247M)
Net Income-$98.32MLarge losses including impairments
EPS (Diluted)-$2,344.40Impacted by low share count post-splits and losses
Market Cap~$15-27M (varying by date)Microcap classification
Price/Sales (ttm)0.01Very low valuation multiple

Fact: Recent events include late 10-K filing notice from Nasdaq, multiple reverse splits, divestitures (e.g., restaurant brands sold for $4.25M, Sadot Latam divested), acquisitions/settlements, and reports of debt defaults, impairments (~$31M noted in 10-K), and equity line issues.

Interpretation: The pivot to agri-trading has not yet translated to sustainable profitability; high operating expenses relative to revenue and liquidity concerns (low cash, high current liabilities) suggest ongoing challenges in scaling the supply chain business.

Uncertainty/Data Limitation: Financial figures are TTM or most recent reported (as of Q1 2026 filings); subject to restatements or adjustments in future SEC filings. Limited transparency on segment breakdowns (agri vs. legacy food service). Assumptions in valuations (e.g., enterprise value calculations) may vary with debt/equity changes. Data sourced primarily from Yahoo Finance and related market aggregators; always cross-reference latest 10-Q/10-K.

Links for more information:
Yahoo Finance SDOT Quote & Financials
Yahoo Finance Key Statistics
Nasdaq SDOT Page
Company Website

Analyst Ratings

Fact: Analyst coverage is extremely limited or unavailable. Nasdaq and major platforms report no current consensus price target or ratings. One historical note (March 2024) from Alliance Global Partners of a neutral rating downgrade with a $0.00 price target. No active Buy/Hold/Sell ratings from major firms in recent periods; some platforms note "data not available."

SourceRatingPrice TargetDate
Alliance Global PartnersNeutral (downgraded)$0.00March 2024
Nasdaq / ConsensusNot available$0.00 (avg)Recent
Other platforms (e.g., TipRanks, Benzinga aggregates)No active coverageN/A2026

Interpretation: Lack of analyst attention is common for microcap stocks with low market cap, high risk profile, and operational uncertainties; any ratings may quickly become outdated.

Uncertainty/Data Limitation: Ratings data can be sparse or delayed for low-liquidity names. No forward estimates widely available. Investors should treat absence of coverage as a signal of limited institutional scrutiny rather than endorsement.

Links for more information:
Nasdaq Analyst Research
Yahoo Finance Analysis
Benzinga Analyst Ratings

Customers and Competitors

Customers

Fact: Specific major customers are not publicly detailed in available sources. The business model involves connecting producers (e.g., Americas, Africa, Black Sea) to markets in Southeast Asia, China, and Middle East/North Africa for commodities like soybean meal, wheat, and corn. Legacy U.S. food service operations (restaurants/meal prep) target consumers seeking protein-based meals.

Interpretation: Revenue concentration risks likely exist given the global trading nature; dependency on commodity price fluctuations and trade routes.

Uncertainty/Data Limitation: No granular customer disclosure (e.g., % of revenue from top clients) in summaries; details would require full SEC filings. Post-divestiture customer base evolving.

Competitors

Fact: Operates in Farm Products / Consumer Defensive sector. Comparable peers include other small agri or food supply companies; larger global players dominate the space.

CompanyTicker / ExchangeMarket Cap (approx.)Focus
Pinnacle Food Group LimitedPFAI~$39MFarm Products
Bumitama Agri Ltd.P8Z.SI~SGD 3.2BPalm oil / Agri
Mishtann Foods LimitedMISHTANN.BO~INR 4.1BFood products
Village Farms InternationalVFF~$240MProduce / Agri
Tyson Foods, Inc.TSN~$20BProtein / Food processing
Edible Garden AGEDBL~$2MAgri / Food

Fact: Broader competitors in global agri-commodity trading include major players like Archer Daniels Midland (ADM), Bunge, Cargill (private), and Glencore, though SDOT is significantly smaller in scale.

Interpretation: SDOT competes on niche supply chain solutions and regional farming but faces intense competition from established global traders with greater resources, logistics networks, and risk management capabilities.

Uncertainty/Data Limitation: Competitor list based on sector classification; direct overlap in specific trading routes or African farming operations may be limited. Market caps and metrics fluctuate; data approximate as of mid-2026.

Links for more information:
Yahoo Finance Company Profile
StockTitan SDOT Overview
• Sector peers via Yahoo or Nasdaq screener tools.

Company Overview and History

Fact: Sadot Group Inc. was incorporated in 2019 (as Muscle Maker Inc. in some records) and is headquartered in Fort Worth/Burleson, Texas. Formerly operated as a U.S. restaurant chain (Muscle Maker Grill, Pokemoto Hawaiian Poke, SuperFit Foods). In late 2022/2023, pivoted to global agri-foods supply chain: sourcing/trading commodities (soybean meal, wheat, corn), farm operations producing grains and tree crops in Southern Africa, and addressing food security. Name change to Sadot Group Inc. effective July 2023. Website: sadotgroupinc.com. CEO: Chagay Ravid (recent mentions). Employees: Limited public data.

Fact: Recent developments (2025-2026): Sold restaurant assets, divested Sadot Latam, multiple reverse splits for Nasdaq compliance, late filing notices, acquisitions (e.g., TradeIQ, Anira), debt settlements, and external short report questioning fundamentals.

Interpretation: The business transformation reflects an attempt to enter higher-growth global commodity markets but has coincided with financial pressures, suggesting execution risks in the new model.

Uncertainty/Data Limitation: Exact timelines and full operational details best verified via SEC filings (10-K/10-Q). Historical restaurant performance pre-pivot not fully detailed in summaries. Flag: Data compiled from public market sources as of July 2026; company situation dynamic with potential for material changes.

Links for more information:
Official Company Site
Yahoo Profile
• SEC EDGAR for full filings (search SDOT).