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ConnectM Forms Joint Venture for Smart Mobility

Story Highlights
  • ConnectM Technology Solutions and Star Engineers form StarConnectM LLP for connected vehicle products.
  • StarConnectM combines manufacturing and technology to advance intelligent mobility solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ConnectM Forms Joint Venture for Smart Mobility

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ConnectM Technology Solutions ( (CNTM) ) just unveiled an update.

On November 20, 2025, ConnectM Technology Solutions announced the formation of StarConnectM LLP, a joint venture with Star Engineers India Pvt. Ltd. This new entity aims to design and manufacture intelligent connected vehicle products for automotive OEMs, leveraging Keen Labs’ AI-powered Smart Mobility Platform. StarConnectM combines Star Engineers’ manufacturing expertise with ConnectM’s technology to create an end-to-end ecosystem for scalable, data-driven mobility solutions. This venture marks a significant step in advancing intelligent mobility and positions the company to redefine the automotive experience for OEMs and end-users.

The most recent analyst rating on (CNTM) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on ConnectM Technology Solutions stock, see the CNTM Stock Forecast page.

Spark’s Take on CNTM Stock

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

The overall stock score of 49 reflects significant financial challenges, including negative equity and cash flow issues, which are major risks. While technical indicators show some positive momentum, the negative P/E ratio and lack of dividend yield highlight valuation concerns. The absence of earnings call data and corporate events limits further insights.

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

More about ConnectM Technology Solutions

ConnectM Technology Solutions, Inc. is a constellation of technology-driven businesses focused on powering the modern energy economy. The company delivers AI-powered electrification, distributed energy, last-mile delivery, and industrial IoT solutions through its Owned Service Network, Managed Solutions, Logistics, and Transportation segments.

Average Trading Volume: 256,783

Technical Sentiment Signal: Sell

Current Market Cap: $23.14M

Learn more about CNTM stock on TipRanks’ Stock Analysis page.

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