tiprankstipranks

iQSTEL Announces Reverse Stock Split for Nasdaq Uplisting

Story Highlights
  • iQSTEL announced a 1-for-80 reverse stock split effective May 2, 2025.
  • The reverse split supports iQSTEL’s strategy to uplist to Nasdaq, impacting all stockholders uniformly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
iQSTEL Announces Reverse Stock Split for Nasdaq Uplisting

Don’t Miss TipRanks’ Half-Year Sale

iQSTEL ( (IQST) ) just unveiled an announcement.

On May 1, 2025, iQSTEL Inc. announced a 1-for-80 reverse stock split of its common stock, effective May 2, 2025, as part of its strategy to uplist to the Nasdaq Capital Market. This move aims to increase the stock price to meet Nasdaq’s listing requirements, although approval is not guaranteed. The reverse split will not alter stockholders’ equity interests but will adjust the number of shares proportionally, impacting all stockholders uniformly.

Spark’s Take on IQST Stock

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

iQSTEL’s stock score is driven by strong revenue growth but hampered by operational inefficiencies and negative cash flow from operations. The technical analysis reflects a bearish trend with no immediate upward momentum. Valuation concerns arise from the negative P/E ratio and lack of income from dividends. These factors collectively contribute to a moderate overall score, highlighting the need for improved operational execution to enhance investor confidence.

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

More about iQSTEL

iQSTEL Inc. is a multinational technology company offering solutions in Telecom, Fintech, Blockchain, Artificial Intelligence, and Cybersecurity. Operating in 21 countries, it provides high-value services to a global customer base and projects $340 million in revenue for FY-2025.

YTD Price Performance: -60.31%

Average Trading Volume: 633,806

Technical Sentiment Signal: Buy

Current Market Cap: $26.84M

See more insights into IQST 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