tiprankstipranks
Trending News
More News >

Getaround Downgraded to OTC Pink Market

Story Highlights
Getaround Downgraded to OTC Pink Market

Don’t Miss TipRanks’ Half-Year Sale

The latest update is out from Getaround ( (GETR) ).

On May 16, 2025, Getaround, Inc. was notified by the OTC Markets Group Inc. that its common stock would be downgraded from the OTCQB market to the OTC Pink Market, effective May 19, 2025. This move indicates a shift in the company’s market positioning, potentially affecting investor perceptions and stakeholder confidence.

Spark’s Take on GETR Stock

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

Getaround, Inc. presents a challenging investment case. While there is positive revenue growth, significant risks stem from negative profitability, high leverage, and liquidity issues. Technical analysis shows some upward momentum, but valuation metrics highlight profitability concerns. The stock requires careful consideration given its financial instability and mixed technical signals.

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

More about Getaround

Getaround, Inc. operates in the car-sharing industry, providing a platform for vehicle owners to rent out their cars to others, focusing on flexible and convenient transportation solutions.

Average Trading Volume: 65,135

Technical Sentiment Signal: Sell

Current Market Cap: $1.58M

See more data about GETR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1