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The latest announcement is out from Freight Technologies ( (FRGT) ).
Freight Technologies, Inc., a Nasdaq-listed logistics technology provider, is pivoting from its origins as an over-the-road online freight broker toward a software-first, AI-native model built around products such as Fleet Rocket, Zayren, Zayren Pro, and Fr8Radar. The company targets inefficiencies in U.S.–Mexico cross-border and broader North American freight, leveraging a unified AI platform to support shippers, brokers, and carriers with real-time tracking, pricing, and automation.
On April 2, 2026, Fr8Tech announced a strategic update detailing progress in its transition to an AI-powered logistics technology company and disclosed that it is exploring strategic alternatives, including a potential sale, for its online brokerage operations. Management said its brokerage arm has proven out its automation tools, and a divestiture could sharpen focus on commercializing recurring SaaS and AI offerings in the USMCA freight corridor, while existing software platforms and customer relationships continue operating unaffected.
Over the past year, Fr8Tech has accelerated commercialization, putting Fleet Rocket into production at enterprise clients, launching Zayren Pro in January 2026 with enhanced AI pricing and carrier tools, and expanding Fr8Radar integrations to 73 GPS providers across the U.S. and Mexico. Executives highlighted that these deployments are running at scale with reduced headcount and are intended to position the company as a technology standard in cross-border logistics, capturing growing demand amid nearshoring-driven U.S.–Mexico trade.
The most recent analyst rating on (FRGT) stock is a Sell with a $1.00 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.
The score is driven primarily by weak financial performance (declining revenue, significant losses, and poor cash flow) and a strongly bearish technical trend (price below all major moving averages with negative MACD). Valuation provides little support because the company is loss-making (negative P/E) and offers no dividend yield.
To see Spark’s full report on FRGT stock, click here.
More about Freight Technologies
Freight Technologies, Inc. (Fr8Tech) is a Nasdaq-listed, technology-centric logistics company focused on optimizing cross-border and domestic over-the-road freight across the USMCA region and global ocean lanes. Its AI- and machine learning-powered portfolio includes Fr8App, Fr8Fleet, Fr8Now, Waavely, Fleet Rocket, Zayren/Zayren Pro, and Fr8Radar, all integrated to digitize pricing, tracking, capacity management, and transportation management for shippers, brokers, and carriers.
Average Trading Volume: 828,744
Technical Sentiment Signal: Sell
Current Market Cap: $1.28M
For an in-depth examination of FRGT stock, go to TipRanks’ Overview page.