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Kustom Entertainment Exits Healthcare to Sharpen Entertainment Focus

Story Highlights
  • Kustom Entertainment sold its 51% stake in Nobility Healthcare for about $1.45 million.
  • The divestiture reinforces a strategic pivot to live entertainment and online ticketing as core growth engines.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kustom Entertainment Exits Healthcare to Sharpen Entertainment Focus

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An update from Kustom Entertainment ( (KUST) ) is now available.

On January 8, 2026, Kustom Entertainment’s wholly owned subsidiary Digital Ally Healthcare, Inc. sold its 51% ownership stake in Nobility Healthcare, LLC, a healthcare billing and revenue-cycle management business, to the existing 49% minority owner for total consideration of about $1.45 million, consisting of $100,000 in cash at closing, $209,501 in debt and working capital-related credits, and a $1,140,499 promissory note bearing 6% interest. The divestiture, announced in a January 12, 2026 press release, follows the company’s recent rebranding and Nasdaq ticker change and marks a decisive exit from healthcare services as Kustom Entertainment streamlines around its live entertainment and online ticketing operations, positioning its Country Stampede festival and proprietary ticketing platform as the core growth drivers in a roughly $100 billion global live events market and signaling to investors a shift toward a more focused, entertainment-centric business model.

The most recent analyst rating on (KUST) stock is a Hold with a $0.84 price target. To see the full list of analyst forecasts on Kustom Entertainment stock, see the KUST Stock Forecast page.

Spark’s Take on KUST Stock

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

The score is held down primarily by weak financial fundamentals—persistent losses and significant negative operating/free cash flow—alongside a technically weak longer-term trend. Corporate events add some support via restructuring, improved reported quarterly performance, and steps to maintain listing/compliance, but valuation is constrained by negative earnings.

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

More about Kustom Entertainment

Kustom Entertainment, Inc. is a live event production and ticketing technology company specializing in large-scale music festivals and end-to-end event management, anchored by its flagship Country Stampede festival held annually at the Azura Amphitheater in Bonner Springs, Kansas. The company also operates a legacy video solutions segment providing in-car and body-worn camera systems for law enforcement and security, where it is integrating artificial intelligence into its specialized product lines.

Average Trading Volume: 120,788

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.07M

For detailed information about KUST stock, go to TipRanks’ Stock Analysis page.

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