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Hall of Fame Resort & Entertainment ( (HOFV) ) has shared an update.
On June 18, 2025, Hall of Fame Resort & Entertainment Company amended its Note and Security Agreement with CH Capital Lending, increasing its borrowing capacity by $2 million for general corporate purposes. Additionally, the company received a delisting notice from Nasdaq due to its failure to hold an annual shareholder meeting by June 30, 2025, as required by Nasdaq rules. The company does not plan to appeal the delisting, and its stock is expected to move to the OTC Markets Group.
The most recent analyst rating on (HOFV) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on Hall of Fame Resort & Entertainment stock, see the HOFV Stock Forecast page.
Spark’s Take on HOFV Stock
According to Spark, TipRanks’ AI Analyst, HOFV is a Neutral.
Hall of Fame Resort & Entertainment faces severe financial challenges, with high leverage, negative cash flow, and poor profitability. While there is short-term positive momentum in technical analysis, the negative P/E ratio and lack of dividend yield highlight valuation concerns. The overall financial health remains a critical risk, impacting the stock’s attractiveness despite some technical strengths.
To see Spark’s full report on HOFV stock, click here.
More about Hall of Fame Resort & Entertainment
Hall of Fame Resort & Entertainment Company operates in the entertainment industry, focusing on developing and managing sports and entertainment-themed destinations and experiences. The company is involved in various projects related to sports, media, and gaming, aiming to create unique entertainment experiences.
Average Trading Volume: 184,136
Technical Sentiment Signal: Sell
Current Market Cap: $5.85M
For detailed information about HOFV stock, go to TipRanks’ Stock Analysis page.