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Belpointe PREP, LLC (OZ) Stock Fundamental Analysis & AI Rating 2026

OZ NYSE Real Estate DE CIK: 0001807046
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
STRONG SELL
94% Conf
Pending
Analysis scheduled

📊 OZ Key Takeaways

Revenue: $9.2M
Net Margin: -435.9%
Free Cash Flow: $-25.2M
Current Ratio: N/A
Debt/Equity: 3.53x
EPS: $-10.72
AI Rating: STRONG SELL with 94% confidence
Belpointe PREP, LLC (OZ) receives a STRONG SELL rating with 94% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $9.2M, net profit margin of -435.9%, and return on equity (ROE) of -54.3%, Belpointe PREP, LLC demonstrates mixed fundamentals in the Real Estate sector. Below is our complete OZ stock analysis for 2026.

Is Belpointe PREP, LLC (OZ) a Good Investment?

Claude

Belpointe PREP demonstrates critical financial distress with $40M annual net losses despite strong 243% revenue growth, indicating severe operational inefficiency or unsustainable business model. High leverage (3.53x debt/equity) combined with negative operating cash flow (-$25.2M) and inability to service debt from operations (-55.6x interest coverage) creates significant solvency risk with inadequate liquidity buffer.

Why Buy Belpointe PREP, LLC Stock? OZ Key Strengths

Claude
  • + Strong revenue growth trajectory at +243.4% year-over-year
  • + Substantial asset base of $564.2M provides some balance sheet cushion
  • + Real estate sector positioning offers potential for recovery if operational efficiency improves

OZ Stock Risks: Belpointe PREP, LLC Investment Risks

Claude
  • ! Massive operating losses of -$40.1M on only $9.2M revenue (-436% operating margin) indicates fundamental business model problems
  • ! Negative free cash flow of -$25.2M with severely inadequate cash position ($24.3M) relative to $260.6M long-term debt
  • ! Negative interest coverage ratio (-55.6x) means company cannot service debt obligations from operating income; relies entirely on asset sales or equity dilution
  • ! Debt-to-equity ratio of 3.53x indicates excessive financial leverage with deteriorating solvency metrics

Key Metrics to Watch

Claude
  • * Quarterly operating income trend - path to profitability critical
  • * Cash burn rate and months of runway remaining at current burn
  • * Debt refinancing status and ability to service obligations
  • * Revenue quality and path to operational break-even point

Belpointe PREP, LLC (OZ) Financial Metrics & Key Ratios

Revenue
$9.2M
Net Income
$-40.0M
EPS (Diluted)
$-10.72
Free Cash Flow
$-25.2M
Total Assets
$564.2M
Cash Position
$24.3M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

OZ Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -436.2%
Net Margin -435.9%
ROE -54.3%
ROA -7.1%
FCF Margin -274.4%

OZ vs Real Estate Sector: How Belpointe PREP, LLC Compares

How Belpointe PREP, LLC compares to Real Estate sector averages

Net Margin
OZ -435.9%
vs
Sector Avg 20.0%
OZ Sector
ROE
OZ -54.3%
vs
Sector Avg 8.0%
OZ Sector
Current Ratio
OZ 0.0x
vs
Sector Avg 1.5x
OZ Sector
Debt/Equity
OZ 3.5x
vs
Sector Avg 1.5x
OZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Belpointe PREP, LLC Stock Overvalued? OZ Valuation Analysis 2026

Based on fundamental analysis, Belpointe PREP, LLC shows some fundamental concerns relative to the Real Estate sector in 2026.

Return on Equity
-54.3%
Sector avg: 8%
Net Profit Margin
-435.9%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
3.53x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Belpointe PREP, LLC Balance Sheet: OZ Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
3.53x
Debt/Assets
51.2%
Interest Coverage
-55.58x
Long-term Debt
$260.6M

OZ Revenue & Earnings Growth: 5-Year Financial Trend

OZ 5-year financial data: Year 2021: Revenue $997.0K, Net Income -$112.0K, EPS N/A. Year 2022: Revenue $1.4M, Net Income -$3.1M, EPS N/A. Year 2023: Revenue $2.3M, Net Income -$7.7M, EPS $-2.25. Year 2024: Revenue $2.7M, Net Income -$14.4M, EPS $-4.04. Year 2025: Revenue $9.2M, Net Income -$23.9M, EPS $-6.56.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Belpointe PREP, LLC's revenue has grown significantly by 821% over the 5-year period, indicating strong business expansion. The most recent EPS of $-6.56 indicates the company is currently unprofitable.

OZ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-274.4%
Free cash flow / Revenue

OZ Quarterly Earnings & Performance

Quarterly financial performance data for Belpointe PREP, LLC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $860.0K -$6.9M $-1.90
Q2 2025 $384.0K -$4.7M $-1.30
Q1 2025 $337.0K -$4.0M $-1.10
Q3 2024 $468.0K -$3.3M $-0.92
Q2 2024 $384.0K -$4.1M $-1.16
Q1 2024 $337.0K -$2.8M $-0.80
Q3 2023 $338.0K -$1.0M $-0.30
Q2 2023 $312.0K -$1.9M $-0.56

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Belpointe PREP, LLC Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$25.2M
Cash generated from operations
Dividends
None
No dividend program

OZ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Belpointe PREP, LLC (CIK: 0001807046)

📋 Recent SEC Filings

Date Form Document Action
Mar 20, 2026 10-K form10-k.htm View →
Mar 9, 2026 8-K form8-k.htm View →
Jan 12, 2026 8-K form8-k.htm View →
Nov 14, 2025 10-Q form10-q.htm View →
Oct 3, 2025 8-K form8-k.htm View →

Frequently Asked Questions about OZ

What is the AI rating for OZ?

Belpointe PREP, LLC (OZ) has an AI rating of STRONG SELL with 94% confidence, based on fundamental analysis of SEC EDGAR filings.

What are OZ's key strengths?

Claude: Strong revenue growth trajectory at +243.4% year-over-year. Substantial asset base of $564.2M provides some balance sheet cushion.

What are the risks of investing in OZ?

Claude: Massive operating losses of -$40.1M on only $9.2M revenue (-436% operating margin) indicates fundamental business model problems. Negative free cash flow of -$25.2M with severely inadequate cash position ($24.3M) relative to $260.6M long-term debt.

What is OZ's revenue and growth?

Belpointe PREP, LLC reported revenue of $9.2M.

Does OZ pay dividends?

Belpointe PREP, LLC does not currently pay dividends.

Where can I find OZ SEC filings?

Official SEC filings for Belpointe PREP, LLC (CIK: 0001807046) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OZ's EPS?

Belpointe PREP, LLC has a diluted EPS of $-10.72.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is OZ a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Belpointe PREP, LLC has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is OZ stock overvalued or undervalued?

Valuation metrics for OZ: ROE of -54.3% (sector avg: 8%), net margin of -435.9% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy OZ stock in 2026?

Our dual AI analysis gives Belpointe PREP, LLC a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OZ's free cash flow?

Belpointe PREP, LLC's operating cash flow is $-25.2M, with capital expenditures of N/A. FCF margin is -274.4%.

How does OZ compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -435.9% (avg: 20%), ROE -54.3% (avg: 8%), current ratio N/A (avg: 1.5).

Is Belpointe PREP, LLC carrying too much debt?

OZ has a debt-to-equity ratio of 3.53x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI