Abaxx to Launch First U.S. Weather-Indexed ERCOT Wind Futures

The latest update is out from Abaxx Technologies Inc ( (TSE:ABXX) ).

Abaxx Technologies’ Abaxx Exchange is set to launch its first U.S. weather-indexed futures product, the Enwex ERCOT Onshore Wind (EWM) futures contract, on February 6, 2026, pending CFTC regulatory review. The U.S. dollar-denominated, cash-settled contract, indexed to the Enwex Wind ERCOT benchmark translating wind speeds into standardized generation utilization rates, will provide the first futures benchmark for managing renewable generation risk in the ERCOT wholesale electricity market. By bringing its weather-linked suite into the United States following its Foreign Board of Trade registration, Abaxx aims to give U.S. power market participants a new tool to hedge production variability in Texas, the nation’s leading wind power state, reinforcing the company’s strategic push to build benchmark infrastructure for the energy transition.

The most recent analyst rating on (TSE:ABXX) stock is a Sell with a C$4.00 price target. To see the full list of analyst forecasts on Abaxx Technologies Inc stock, see the TSE:ABXX Stock Forecast page.

Spark’s Take on TSE:ABXX Stock

According to Spark, TipRanks’ AI Analyst, TSE:ABXX is a Neutral.

The score is held down primarily by very weak financial performance (minimal/declining revenue, extremely large losses, and significant cash burn alongside rising leverage). Positive corporate developments (regulatory access, product launches, and potential financing proceeds) provide upside potential but do not yet offset the current fundamentals, while technical and valuation signals offer limited support.

To see Spark’s full report on TSE:ABXX stock, click here.

More about Abaxx Technologies Inc

Abaxx Technologies Inc. is a financial software and market infrastructure company that develops and deploys technologies to make communication, trade, and transactions more secure and efficient. Through its majority-owned Abaxx Singapore, it operates Abaxx Exchange and Abaxx Clearing, which provide centrally cleared, physically deliverable futures in LNG, carbon, battery materials, and precious metals to support the transition to an electrified, low‑carbon economy. The company also operates Abaxx Spot, a co-located spot and futures market for physically backed gold in Singapore, and offers Adaptive Infrastructure, an institutional-grade custodial and post-trade platform for environmental markets and digital title assets.

Average Trading Volume: 193,538

Technical Sentiment Signal: Buy

Current Market Cap: C$61.56M

For detailed information about ABXX stock, go to TipRanks’ Stock Analysis page.