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A2Z Smart Technologies ( (AZ) ) has provided an update.
A2Z Cust2Mate Solutions has secured a $30 million contract to supply 3,000 smart shopping carts to the Israeli supermarket chain Super Sapir, marking a significant expansion of their innovative retail technology. This deal not only highlights A2Z’s ability to scale its business model but also grants them exclusive rights to commercialize digital services on the carts, potentially enhancing their market presence and creating new revenue streams.
The most recent analyst rating on (AZ) stock is a Sell with a $5.00 price target. To see the full list of analyst forecasts on A2Z Smart Technologies stock, see the AZ Stock Forecast page.
Spark’s Take on AZ Stock
According to Spark, TipRanks’ AI Analyst, AZ is a Underperform.
A2Z Smart Technologies faces significant financial and technical challenges. The company’s declining revenues and persistent losses are major concerns, compounded by bearish technical indicators. The negative P/E ratio and lack of dividend yield further weaken the stock’s valuation appeal.
To see Spark’s full report on AZ stock, click here.
More about A2Z Smart Technologies
A2Z Cust2Mate Solutions Corp. is a global leader in smart retail technology, specializing in AI-driven smart carts that enhance the in-store shopping experience by enabling seamless scanning, payment, and personalized offers. Their solutions bridge online and in-store shopping, providing retailers with data-driven insights and operational efficiencies.
Average Trading Volume: 399,734
Technical Sentiment Signal: Sell
Current Market Cap: $237.7M
For detailed information about AZ stock, go to TipRanks’ Stock Analysis page.