TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Freight Technologies ( (FRGT) ) is now available.
Freight Technologies announced its second-quarter 2025 results, highlighting a net profit of $649 thousand and a 21.7% profit margin, achieved through cryptocurrency investments and operational improvements. Despite challenges from higher tariffs and trade policy uncertainties, the company made strides in its transition to a SaaS provider, launching initial sales of Fleet Rocket and enhancing its Fr8App platform. However, due to economic impacts, the company revised its 2025 revenue and operating margin outlook downward.
The most recent analyst rating on (FRGT) stock is a Sell with a $1.50 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 Underperform.
Freight Technologies’ overall stock score is primarily driven by significant financial challenges and bearish technical indicators. While some positive corporate actions were noted, they are insufficient to offset the broader financial instability and poor valuation metrics.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Freight Technologies, Inc. (Fr8Tech) is a technology company specializing in AI and machine learning-powered platform solutions to optimize and automate supply chain processes. Their offerings include Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, Fr8Fleet for enterprise clients in Mexico, Waavely for ocean freight booking, and Fleet Rocket, a Transportation Management System for logistics operators.
Average Trading Volume: 160,457
Technical Sentiment Signal: Sell
Current Market Cap: $3.63M
Learn more about FRGT stock on TipRanks’ Stock Analysis page.