CEA Industries Inc (BNC)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-11-04
$4.57-8.78%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-11-04
QuarterlyIQ Insights · BNC
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 805.3% |
| Our one-year growth estimate | diamond | 69.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 736.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has been missing across recent quarters and missed its most recent quarter. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 40 industry peers · Company calendar date is not available
BNC — CEO transition
Dated 2026-10-19
CEO — Alex Odagiu: The appointment of a new permanent CEO from an interim role is a significant management change but represents an orderly succession rather than a loss of a sitting executive.
Why it matters: Management says it aims to grow BNB behind each share, but token count was unchanged last quarter. More tokens would show progress.
Supportive ifA filing reports more than 515,544 BNB, with diluted share count also disclosed.
Worry ifThe next filing still reports 515,544 BNB or fewer, with no increase in holdings.
Why it matters: Cash rose last quarter, but the company also had $16.8 million of debt and negative cash from operations. Lower cash or a breach would add pressure.
Worry ifA filing reports cash below $7.1 million, or says the company breached a debt covenant.
Less concerning ifCash stays at or above $7.1 million and the company reports compliance with all debt covenants.
Why it matters: The case may end the disputed fee terms. A loss could leave the company facing those terms.
Watch forThe Delaware court voids the agreement or rules that its damages clause cannot be enforced.
Also watch forThe court dismisses the company’s case or upholds the damages clause.
Why it matters: The company says it will post adjusted NAV and NAV per share through the day. Updated figures let investors check the treasury value and share count used.
Watch forThe dashboard archive shows daily 4:30 p.m. snapshots with adjusted NAV, NAV per share, and dated inputs.
Also watch forThe dashboard shows missing snapshots, stale figures, or a website error that blocks access to NAV data.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$310 on $10,000 · ±3.1% | How much price usually moves either way. |
| Bad day | $944 loss on $10,000 · 9.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,354 loss on $10,000 · 73.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.