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The latest announcement is out from Brand Engagement Network ( (BNAI) ).
On December 30, 2024, Brand Engagement Network Inc. received a notification from Nasdaq indicating non-compliance with the Minimum Bid Price Requirement, as its stock price had fallen below $1.00 for 30 consecutive business days. The company was initially given until June 30, 2025, to regain compliance, but on July 1, 2025, it was granted an additional 180-day extension until December 29, 2025. The company is considering a reverse stock split to meet the requirement, but failure to comply could result in delisting, with the option to appeal the decision.
The most recent analyst rating on (BNAI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Brand Engagement Network stock, see the BNAI Stock Forecast page.
Spark’s Take on BNAI Stock
According to Spark, TipRanks’ AI Analyst, BNAI is a Underperform.
The overall stock score for BNAI reflects significant financial challenges, including persistent losses and high leverage. While technical indicators show some neutral trends, the lack of profitability and negative valuation metrics highlight substantial risks. Strategic improvements in financial and operational aspects are crucial for future growth.
To see Spark’s full report on BNAI stock, click here.
More about Brand Engagement Network
Average Trading Volume: 6,835,394
Technical Sentiment Signal: Sell
Current Market Cap: $17.32M
For a thorough assessment of BNAI stock, go to TipRanks’ Stock Analysis page.