TradingView report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Why SST Stock dropped -3.95% Today — RQD Quant Desk Flash
System1 Inc. (Class A) (SST) carries a Roarable Rating of E (Strong Sell) with 17/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is SST stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, System1 Inc. (Class A) (NYSE: SST) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 17/100 at a spot price of $1.70 (-3.95% 1D, market cap $18.6M). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 4/20, FRED Macro Regime Fit 3/20, and SEC Balance-Sheet Forensics 3/20. Across 714 tracked Technology issuers, SST ranks #709 in composite RQD confidence.
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does SST compare to JF and IPM in the Technology sector?
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Within the Technology sector (Computer Software: Programming Data Processing), SST carries a Roarable E (17/100 RQD), trailing P/E of N/A, gross margin of 37.7%, and ROIC of -28.5%. By comparison, JF (J and Friends Holdings Limited) holds a D grade (44/100 RQD, P/E N/A, ROIC -32.2%, cap $17.0M) and IPM (Intelligent Protection Management Corp.) posts a D- grade (42/100 RQD, P/E N/A, ROIC -29.6%, cap $15.5M). Among the 5-stock peer group, SST leads on earnings multiple (N/A) while SST leads on capital efficiency (-28.5% ROIC).
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for SST?
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Per SST's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001805833), System1 Inc. (Class A) generated $266.1M in revenue (-22.6% YoY), -$65.3M in net income, and -$4.2M in free cash flow against $405.0M in total assets and $228.4M in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 37.7% Gross Margin
20D Institutional Volume Accumulation (±12.5% realized swing band)
Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment
⚔️ Adversarial Opposing Case: What Could Spark a SST Turnaround Squeeze
While SST currently carries a cautious 17/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Established market leader in Technology with deep daily trading liquidity.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($2.62) and Max Pain ($1.79) forces dealer call-delta covering toward $6.35.
Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Why SST Stock dropped -3.95% Today — RQD Quant Desk Flash
System1 Inc. (Class A) (SST) dropped -3.95% to $1.70, trading at 7% of its 52-week range ($1.35 – $6.05). Stretched risk/reward at current multiples (-29% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 7% of its 52-week range ($1.35 – $6.05) with RSI-14 at 34.4 (NEUTRAL RANGE).
- ▸Volatility Profile: Historical 20-day realized swing band of ±12.5% around $1.70 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable E (Strong Sell) backed by 37.7% gross margin and $0 annual free cash flow.
Simply Wall St report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Benzinga report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Stock Titan report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Traders Union report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
TipRanks report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
LOS ANGELES, October 22, 2026--MapQuest, the pioneering navigation brand owned by System1, Inc. (NYSE: SST), today announced it is the official navigation partner of MINI Takes the States (MTTS) 2026, the biennial road r
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring SST)
- ✓Walkthrough of SST's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
SST Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. -22.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on SST today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for SST. Explore sector supply chains on /butterfly.
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (SST)
1. Head-to-Head Technology Peer Comparison (SST vs. JF, IPM, GMM, GIGM)
Industry: Computer Software: Programming Data Processing (72 Tracked Issuers)Across 714 tracked Technology securities in the Roarable RQD universe, System1 Inc. (Class A) (SST) ranks #709 by composite RQD confidence (17/100, grade E) and #614 by equity capitalization ($18.6M). Within this direct 5-issuer industry benchmark cohort, SST leads on earnings valuation at N/A trailing P/E, while SST leads on capital efficiency and profitability with -28.5% ROIC and 37.7% gross margin. GMM currently holds the highest overall quantitative score in the immediate peer group at 47/100 (D) compared with SST at 17/100 (E).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| SST
ACTIVE
System1 Inc. (Class A) | E | 17/100 | — | 37.7% | -28.5% | -3.95% | $18.6M | Benchmark Subject |
| JF J and Friends Holdings Limited | D | 44/100 | — | 71.5% | -32.2% | -1.62% | $17.0M | /jf-vs-sst → |
| IPM Intelligent Protection Management Corp. | D- | 42/100 | — | 52.3% | -29.6% | -9.75% | $15.5M | /ipm-vs-sst → |
| GMM Global Mofy AI Limited (Class A) | D | 47/100 | — | 40.2% | — | -7.96% | $14.4M | /gmm-vs-sst → |
| GIGM GigaMedia Limited | E | 21/100 | — | 52.4% | -34.2% | +14.63% | $13.6M | /gigm-vs-sst → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001805833In its most recent audited fiscal period (FY2025, filed 2025-12-31), System1 Inc. (Class A) (SST) reported GAAP revenue of $266.1M (-22.6% vs. FY2024 revenue of $343.9M , and -33.8% cumulative change since FY2023) , GAAP net income of -$65.3M, operating cash flow of -$4.1M, and free cash flow of -$4.2M (+20.7% YoY). On the balance sheet, SST closed FY2025 with $405.0M in total assets against $228.4M in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 4/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $266.1M | -$65.3M | -$4.1M | -$4.2M | $405.0M | $228.4M |
| FY2024 (FY) | 2024-12-31 | $343.9M | -$74.7M | -$5.3M | -$5.3M | $459.1M | $255.1M |
| FY2023 (FY) | 2023-12-31 | $402.0M | -$227.2M | -$24.7M | -$24.7M | — | — |
3. SST Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs SST stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-02, System1 Inc. (Class A) (NYSE: SST) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 17/100 at a spot price of $1.70 (-3.95% 1D, market cap $18.6M). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 4/20, FRED Macro Regime Fit 3/20, and SEC Balance-Sheet Forensics 3/20. Across 714 tracked Technology issuers, SST ranks #709 in composite RQD confidence.
How does SST compare to JF and IPM in the Technology sector?
Within the Technology sector (Computer Software: Programming Data Processing), SST carries a Roarable E (17/100 RQD), trailing P/E of N/A, gross margin of 37.7%, and ROIC of -28.5%. By comparison, JF (J and Friends Holdings Limited) holds a D grade (44/100 RQD, P/E N/A, ROIC -32.2%, cap $17.0M) and IPM (Intelligent Protection Management Corp.) posts a D- grade (42/100 RQD, P/E N/A, ROIC -29.6%, cap $15.5M). Among the 5-stock peer group, SST leads on earnings multiple (N/A) while SST leads on capital efficiency (-28.5% ROIC).
What are the biggest fundamental strengths and SEC risk factors for SST?
Per SST's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001805833), System1 Inc. (Class A) generated $266.1M in revenue (-22.6% YoY), -$65.3M in net income, and -$4.2M in free cash flow against $405.0M in total assets and $228.4M in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is SST trading relative to its 50-day, 200-day, and 52-week technical levels?
SST last traded at $1.70 (-3.95% on volume of 88,267 shares), positioning the stock -35.11% below its 50-day simple moving average ($2.62) and -39.50% below its 200-day simple moving average ($2.81). Across its 52-week range of $1.35 to $6.05, SST sits at the 7.4% percentile with a 14-day RSI of 34.4 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($1.49 to $1.91).
SST Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is SST stock moving today?
Why SST Stock dropped -3.95% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (-29% return on capital) under elevated 10-year interest-rate pressure.
SST — System1 Inc. (Class A): What the Facts Mean to a Prospective Investor
Roarable Rating Brief: What This Means to a Prospective Investor
Per the Roarable RQD rating, SST scores 17 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are:
- Fundamental Cash Engine: 4 / 20. Per the RQD rating, ROIC is -28.5% and FCF yield is -22.59%. For a prospective investor, this means the business is currently not generating returns on invested capital or free cash flow relative to its value. Any upside thesis would depend on a reversal in operating economics, which the source data does not show.
- Whale 13F Flow: 3 / 20. The RQD rating assigns a low score to institutional accumulation and options positioning. The source data contains no 13F holdings detail, so the basis for this pillar cannot be independently verified here.
- Insider Conviction: 3 / 20. Per the RQD rating, SEC Form 4 and Congressional PTR flow is scored low. The news wire references insider losses ("Insider Buyers Lose US$17k As System1 Sheds US$3.0m"), which is consistent with weak insider conviction but does not by itself establish a trade pattern.
- Macro Regime Fit: 3 / 20. Per the RQD rating, beta is 1.0 and sector sensitivity is scored low. A beta of 1.0 means the stock is expected to move in line with the broad market; the low score reflects weak fit with the current regime as assessed by the rating, not a measured macro correlation in this dataset.
- Forensic Balance Sheet: 4 / 20. Per the RQD rating, Altman Z is 0.2, Piotroski F is 4/9, and Debt/Equity is 7.5. These readings point to elevated balance-sheet stress. An investor should treat solvency and refinancing risk as central to any evaluation.
Taken together, the pillars indicate that the rating's primary concern is forensic and cash-flow weakness rather than a single isolated metric. The upside case would require evidence that operating losses are narrowing and that debt obligations are manageable; neither is demonstrated in the source data. The verdict is an avoid signal under this framework.
Business
System1 Inc. (Class A) (SST) is a NYSE-listed issuer. Per the profile, it operates in the Technology sector, within the Computer Software: Programming Data Processing industry. The source data does not describe its products, customers, or revenue model beyond the sector and industry classification. Not available in source data for further business detail.
Financial Trend
| Period | Revenue | Operating Income | Net Income | EPS | FCF | Cash | Debt |
|---|---|---|---|---|---|---|---|
| FY 2025 | $266.1M | $-62.0M | $-65.3M | N/A | $-4.2M | $86.9M | $228.4M |
| FY 2024 | $343.9M | $-88.6M | $-74.7M | N/A | $-5.3M | $63.6M | $255.1M |
| FY 2023 | $402.0M | $-86.0M | $-227.2M | N/A | $-24.7M | N/A | N/A |
Per the SEC financials, revenue declined from $402.0M (FY 2023) to $343.9M (FY 2024) to $266.1M (FY 2025), while operating and net losses persisted in every reported period. Per the market data, gross margin is 37.7%, operating margin is -23.3%, and net margin is -24.6%. ROIC is -28.5% and the RQD rating cites an Altman Z of 0.2 and Piotroski F of 4/9. Debt of $228.4M against cash of $86.9M in FY 2025 reflects a leveraged balance sheet with a Debt/Equity reading of 7.5 per the RQD rating.
Recent Catalysts & News Wire Analysis
- Executive leadership change (TipRanks, flagged RISK WATCH / RED): The headline "System1 Announces Executive Leadership Change and Board Continuity" is the only item flagged red in the feed and is the most significant governance-related catalyst listed.
- Insider selling (Simply Wall St, YELLOW): The headline "Insider Buyers Lose US$17k As System1 Sheds US$3.0m" indicates reported insider share sales in the period.
- Pre-market and estimates coverage (Benzinga, TradingView, Traders Union, YELLOW): These items are general market-activity coverage with no specific operating detail in the summaries.
- MINI road rally item (Stock Titan, YELLOW): The headline concerns an unrelated MINI automobile event, and its relevance to SST is not established in the source data.
No proprietary signals are present in the supply-chain graph. The feed contains no earnings, guidance, or contract announcements.
Butterfly Effect: 2nd-Order Supply-Chain & Sector Ripples
Per the Butterfly Supply-Chain Graph, the supply chain is recorded as "NONE," with no butterfly links and no proprietary signals. Upstream suppliers, downstream customers, and sector correlations are therefore not available in source data. For a prospective investor, this means second-order ripple effects cannot be mapped from the provided data. The one structural watch point the data does support is the leverage relationship: with debt of $228.4M against cash of $86.9M, any tightening in credit conditions or revenue shortfall would transmit quickly to equity holders.
Open Questions
- What are SST's specific products, customers, and revenue drivers, given the revenue decline from $402.0M to $266.1M?
- What are the terms, maturities, and covenants of the $228.4M debt, and how is it being serviced against negative free cash flow?
- What is the nature and scope of the executive leadership change, and what does it signal about strategic direction?
- What are the magnitudes and timing of the reported insider share sales, and who reported them?
- Why are FY 2023 cash and debt figures unavailable, and how do the EPS gaps affect per-share valuation?
SST Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for System1 Inc. (Class A) (SST) • Click "Debate This Headline" to argue it in the Roar Pit below
TradingView report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Simply Wall St report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Benzinga report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Stock Titan report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
Traders Union report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
TipRanks report covering System1 Inc. (Class A) (SST) market action, institutional positioning, and fundamental catalysts.
LOS ANGELES, October 22, 2026--MapQuest, the pioneering navigation brand owned by System1, Inc. (NYSE: SST), today announced it is the official navigation partner of MINI Takes the States (MTTS) 2026, the biennial road r
SST Bull vs. Bear Conversation Board — What's Your Call at $1.70?
🔥 Official Bull vs. Bear Debate: Is SST (E • RQD 17/100) a Buy at $1.77?
Welcome to the SST (System1 Inc. (Class A)) Roar Pit. Current RQD Composite is 17/100 (Roarable Strong Sell — Forensic Risk / Avoid) in Computer Software: Programming Data Processing. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.
Pump the brakes on SST — check the valuation vs. margin headwinds
Everyone in here is repeating the bull case on SST, but look at what you are paying: current EV/EBITDA multiples with 37.7% gross margins. Unless System1 Inc. (Class A) expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.
SST cash flow & RQD setup is being underpriced by the Street here
Looking at the 5-pillar RQD breakdown on SST, the market is fixating on short-term headline noise in Computer Software: Programming Data Processing and ignoring the balance sheet and cash flow trajectory. At $1.77 (52-wk range $1.35 - $6.05), any beat on forward guidance forces shorts and underweight funds to chase.