Dogness Acquires Stake in Petcare IoT Innovator DITC

Dogness (International) ( (DOGZ) ) just unveiled an update.

On May 17, 2025, Dogness (International) Corporation announced a strategic investment by acquiring a 19.5% equity interest in Dogness Intelligent Technology Co., Ltd. (DITC), a technology company focused on IoT and app platforms in the pet industry. This acquisition aligns with Dogness’s strategic goals to expand in the petcare market, leveraging DITC’s innovative approach to developing intelligent pet ecosystems. The transaction involves exchanging Dogness’s Class A common shares and warrants, positioning the company to explore growth opportunities in the expanding petcare market.

Spark’s Take on DOGZ Stock

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

Dogness (International) has a low overall stock score due to financial challenges including declining revenue, negative profitability, and weak cash flow. Technical analysis suggests a bearish trend, while valuation metrics are unfavorable with a negative P/E ratio. The lack of earnings call and corporate event data means these factors do not influence the score. The company needs operational improvements to enhance its financial outlook.

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

More about Dogness (International)

Dogness (International) Corporation, founded in 2003, is a developer and manufacturer of a comprehensive line of pet products, including smart products, hygiene products, health and wellness products, and leashes. The company is dedicated to enhancing the relationship between pets and their caregivers through innovative solutions and maintains a strong global presence with its products reaching families worldwide.

Average Trading Volume: 153,207

Technical Sentiment Signal: Sell

Current Market Cap: $231.7M

Find detailed analytics on DOGZ stock on TipRanks’ Stock Analysis page.