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Loop Industries ( (LOOP) ) has shared an announcement.
On September 8, 2025, Loop Industries entered into an offtake agreement with Taro Plast, an Italian manufacturer of engineering plastics. This agreement will see Loop Industries supplying Taro Plast with recycled materials from its upcoming facility in India, enhancing its market presence and operational capacity.
The most recent analyst rating on (LOOP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Loop Industries stock, see the LOOP Stock Forecast page.
Spark’s Take on LOOP Stock
According to Spark, TipRanks’ AI Analyst, LOOP is a Neutral.
Loop Industries’ overall score reflects significant financial challenges, including negative equity and profitability issues, despite positive revenue growth. Technical indicators show a positive trend, while strategic initiatives and partnerships provide optimism. However, valuation concerns and project execution risks weigh on the score.
To see Spark’s full report on LOOP stock, click here.
More about Loop Industries
Loop Industries, Inc. operates in the recycling industry, focusing on producing 100% recycled, virgin-quality materials using proprietary depolymerization technology. The company is planning to expand its operations with a new facility in India.
Average Trading Volume: 283,613
Technical Sentiment Signal: Buy
Current Market Cap: $90.66M
For an in-depth examination of LOOP stock, go to TipRanks’ Overview page.