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Cadiz ( (CDZI) ) just unveiled an update.
On August 1, 2025, Cadiz Inc. signed a Memorandum of Understanding with EPCOR NR Holdings Inc. to jointly develop the Mojave Groundwater Bank project, aimed at supplying water to Arizona off-takers. This agreement grants EPCOR exclusive rights to market 25,000 acre-feet per year of conserved water and involves EPCOR designing, building, and financing part of the Southern Pipeline system. The MOU outlines non-binding project terms but includes binding exclusivity and confidentiality provisions, potentially impacting Cadiz’s operations and market positioning.
The most recent analyst rating on (CDZI) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Cadiz stock, see the CDZI Stock Forecast page.
Spark’s Take on CDZI Stock
According to Spark, TipRanks’ AI Analyst, CDZI is a Neutral.
Cadiz’s overall score is driven by strong revenue growth and a promising corporate event involving clean energy projects. However, financial instability due to negative profitability and cash flow, coupled with valuation concerns, weigh down the score. Technical analysis shows moderate bullish momentum, offering some optimism.
To see Spark’s full report on CDZI stock, click here.
More about Cadiz
Cadiz Inc. operates in the water resources industry, focusing on groundwater conservation, storage, and conveyance projects. The company is primarily engaged in developing projects like the Mojave Groundwater Bank to provide long-term water supply solutions.
Average Trading Volume: 462,937
Technical Sentiment Signal: Sell
Current Market Cap: $255.5M
For an in-depth examination of CDZI stock, go to TipRanks’ Overview page.