Why is CAST Stock Up Today?
Company Description
FreeCast, Inc. develops and provides streaming technology and media infrastructure for television and digital video distribution. The company describes its business as a unified Platform-as-a-Service ecosystem that enables branded streaming environments for organizations that distribute, package, monetize, or manage digital media services. Its Class A common stock trades on the Nasdaq Global Market under the symbol CAST.
FreeCast's platform combines content aggregation, subscription bundling, payment management, broadcast-to-streaming integration, cross-device monetization, and related infrastructure functions. The company serves telecom operators, internet service providers, broadcasters, municipalities, utilities, enterprises, major brands, and device manufacturers that seek to deploy streaming services without building proprietary backend systems. Its model is centered on providing the software and infrastructure layer behind digital video offerings rather than operating only a single consumer-facing streaming service.
The company's product and business-development activity includes branded streaming environments, commercial-to-consumer middleware, monetization-enabled media deployment, and distribution relationships for third-party video services. FreeCast has also described regional sports streaming channels as an application of its infrastructure, combining distribution, advertising technology, sponsorships, e-commerce, merchandising, fan communities, and first-party data functions within a sports-focused streaming model.
FreeCast is incorporated in Florida and is headquartered in Orlando, Florida. As a public issuer, the company reports as an emerging growth company and smaller reporting company. Its disclosure record includes registration materials for its Class A common stock and current reports covering financing arrangements, warrants, equity purchase agreements, and other capital-structure matters related to its public-company status.
Stock Performance
Freecast (CAST) stock last traded at $0.7426, up 2.73% from the previous close. Over the past 12 months, the stock has lost 92.0%. At a market capitalization of $34.7M, CAST is classified as a micro-cap stock with approximately 41.3M shares outstanding.
CAST Rankings
Latest News
Freecast has 10 recent news articles, with the latest published yesterday. Of the recent coverage, 1 article coincided with positive price movement and 6 with negative movement. View all CAST news →
SEC Filings
Freecast has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 4, 1 Form 10-Q, 1 Form EFFECT. The most recent filing was submitted on May 28, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CAST SEC filings →
Insider Radar
Insider selling at Freecast over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Freecast generated $628K in revenue over the trailing twelve months, retaining a 44.8% gross margin. Diluted earnings per share stood at $-0.36. With a current ratio of 0.15, short-term liquidity bears monitoring.
Upcoming Events
Short Interest History
Short interest in Freecast (CAST) currently stands at 137.7 thousand shares, up 181.6% from the previous reporting period, representing 0.8% of the float. Over the past 12 months, short interest has increased by 595%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Freecast (CAST) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.
CAST Company Profile & Sector Positioning
Freecast (CAST) operates in the Broadcasting industry within the broader Services-computer Processing & Data Preparation sector and is listed on the NASDAQ.
FreeCast (Nasdaq: CAST), a digital media and streaming platform company, said onJun 04 it signed Via One affiliates Assist Wireless and enTouch Wireless to use its PaaS streaming ecosystem for branded video services.
The company said the renewed relationship targets more than 385,000 mobile customers and supports telecom-focused white-label streaming and ad monetization.