Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
JetAI ( (JTAI) ) just unveiled an update.
On January 16, 2026, Jet.AI Inc. entered into a letter agreement with investors Hexstone Capital and Ionic Ventures to clarify and modify certain understandings related to a March 28, 2024 Securities Purchase Agreement. Concurrent with this new agreement, the holder of Jet.AI’s Series B convertible preferred stock converted all remaining outstanding Series B shares, reflecting the full exercise and conversion of the warrant issued under the earlier financing deal. As part of the arrangement, the investors agreed to refrain from taking certain actions to enforce their legal rights under the prior financing documents, and in return the parties adjusted the conversion price of the Series B preferred shares to match the lowest trading price of Jet.AI’s common stock over the ten trading days preceding conversion. Aside from this pricing change, the rights and preferences of the Series B convertible preferred stock remained unchanged, signaling a completed conversion that simplifies the company’s preferred equity overhang while securing investors’ consent on key legal protections.
The most recent analyst rating on (JTAI) stock is a Hold with a $0.44 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.
The score is primarily held down by very weak financial performance (declining revenue and steep losses with challenged cash generation). Technicals also weigh heavily due to a strong downtrend, despite oversold readings that may only offer short-term relief. Valuation is hard to assess given losses (negative P/E) and no dividend, while corporate events are mixed with both merger progress and dilution/capital-structure risks.
To see Spark’s full report on JTAI stock, click here.
More about JetAI
Jet.AI Inc. operates in the aviation and aerospace sector, focusing on technology-enabled services related to air travel. The company’s capital structure includes Series B convertible preferred stock and common equity, and it raises funding through securities purchase agreements with institutional investors.
Average Trading Volume: 9,359,325
Technical Sentiment Signal: Sell
Current Market Cap: $6.1M
For an in-depth examination of JTAI stock, go to TipRanks’ Overview page.