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Cybeats Technologies Corp. ( (TSE:CYBT) ) has shared an announcement.
Cybeats Technologies Corp. has appointed Tejinder Kaushik, Senior Vice President and Head of Information Technology at Chemtrade Logistics, to its board of directors, adding deep expertise in cybersecurity governance, digital transformation, and large-scale IT operations from global manufacturing and technology environments. The move comes as regulatory pressure intensifies worldwide for mandatory SBOM implementation, and Cybeats positions itself to capture rising enterprise demand for software supply-chain security solutions, with management emphasizing that Kaushik’s board-level risk and compliance perspective will help sharpen the company’s strategy and messaging to better serve large enterprise clients and strengthen its role in securing increasingly complex software ecosystems.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Spark’s Take on TSE:CYBT Stock
According to Spark, TipRanks’ AI Analyst, TSE:CYBT is a Neutral.
Cybeats Technologies Corp. faces significant financial challenges, with negative equity and profitability issues being the most critical factors. However, recent corporate events, including strategic appointments and contract extensions, provide some positive momentum. Technical indicators suggest a neutral market sentiment, while valuation metrics highlight caution due to ongoing losses.
To see Spark’s full report on TSE:CYBT stock, click here.
More about Cybeats Technologies Corp.
Cybeats Technologies Corp. is a cybersecurity company specializing in Software Bill of Materials (SBOM) management and software supply chain intelligence. Its platform helps organizations manage risk, meet compliance requirements, and secure software from procurement through development and operation, with a focus on enhancing visibility, operational efficiency, revenue, and alignment with evolving global cybersecurity regulations. The company’s flagship product, SBOM Studio, is an enterprise solution that tracks third-party software components to support proactive maintenance and prevent degradation of security posture over the software lifecycle.
Average Trading Volume: 254,560
Technical Sentiment Signal: Sell
See more insights into CYBT stock on TipRanks’ Stock Analysis page.