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JetAI ( (JTAI) ) has issued an update.
Jet.AI Inc. announced an amendment to its previously disclosed merger agreement with flyExclusive, Inc., extending the closing date to October 31, 2025. This amendment maintains all other terms of the merger unchanged, ensuring the continuity of the planned transactions, which include the distribution of SpinCo shares to Jet.AI stockholders and the merger of FlyX Merger Sub into SpinCo, positioning SpinCo as a subsidiary of flyExclusive.
The most recent analyst rating on (JTAI) stock is a Buy with a $225.00 price target. To see the full list of analyst forecasts on JetAI stock, see the JTAI Stock Forecast page.
Spark’s Take on JTAI Stock
According to Spark, TipRanks’ AI Analyst, JTAI is a Neutral.
JetAI’s overall stock score reflects significant financial challenges, with declining revenues and persistent losses being the most impactful factors. While the technical analysis provides a mixed outlook, the negative valuation further weighs down the score. The joint venture for Canadian data centers is a positive development, offering potential strategic benefits.
To see Spark’s full report on JTAI stock, click here.
More about JetAI
Jet.AI Inc. operates in the aviation industry, focusing on providing advanced AI-driven solutions for aviation operations and management.
Average Trading Volume: 258,227
Technical Sentiment Signal: Sell
Current Market Cap: $9.01M
Find detailed analytics on JTAI stock on TipRanks’ Stock Analysis page.