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An announcement from Freight Technologies ( (FRGT) ) is now available.
Freight Technologies, Inc. announced on December 9, 2025, that it has entered into a share purchase agreement with DIP SPV I, L.P. to acquire JAK Solar Loans 1 Limited. This acquisition involves issuing a new series of convertible preferred shares valued at $5.5 million. The transaction is expected to enhance Freight Technologies’ portfolio by integrating JAK Solar’s scalable platform for managing residential solar loans, potentially impacting the company’s market positioning and offering new opportunities in the energy efficiency sector.
The most recent analyst rating on (FRGT) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Freight Technologies stock, see the FRGT Stock Forecast page.
Spark’s Take on FRGT Stock
According to Spark, TipRanks’ AI Analyst, FRGT is a Neutral.
Freight Technologies’ overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and negative cash flows. Technical analysis also indicates bearish momentum, while valuation metrics are unattractive due to negative earnings.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Average Trading Volume: 7,539,998
Technical Sentiment Signal: Sell
Current Market Cap: $4.46M
See more insights into FRGT stock on TipRanks’ Stock Analysis page.