Cheer Holding Expands Share Capital with Increased Class A Shares

Cheer Holding ( (CHR) ) has issued an announcement.

On May 12, 2025, Cheer Holding, Inc. held its annual general shareholder meeting where it was approved to increase the number of authorized Class A ordinary shares from 200 million to 500 million. This change, filed with the Cayman Islands Registrar of Companies on May 13, 2025, signifies a strategic move to expand the company’s capital structure, potentially enhancing its market position and providing more flexibility for future growth and investment opportunities.

The most recent analyst rating on (CHR) stock is a Buy with a $3.75 price target. To see the full list of analyst forecasts on Cheer Holding stock, see the CHR Stock Forecast page.

Spark’s Take on CHR Stock

According to Spark, TipRanks’ AI Analyst, CHR is a Neutral.

Cheer Holding’s strong financial position and profitability metrics are key strengths, but recent revenue declines and negative free cash flow pose challenges. The stock’s technical indicators suggest bearish sentiment, while its low P/E ratio indicates potential undervaluation. Addressing revenue and cash flow issues will be crucial for improving investor confidence.

To see Spark’s full report on CHR stock, click here.

More about Cheer Holding

Cheer Holding, Inc. is a company based in Beijing, China, involved in the technology sector. It focuses on providing technology-related products and services, with a market focus that includes both domestic and international stakeholders.

Average Trading Volume: 49,438

Technical Sentiment Signal: Sell

Current Market Cap: $17.45M

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