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The latest announcement is out from Mannatech ( (MTEX) ).
On March 19, 2026, Mannatech, Incorporated decided by mutual agreement not to renew the employment contract of Chief Financial Officer James Clavijo, whose agreement is set to expire on June 30, 2026, and he will receive three months of base salary after that date under existing terms. To ensure continuity in its financial leadership, the board appointed company Controller Yasir Haider as interim CFO effective March 20, 2026, drawing on his prior experience in global financial operations, SEC reporting, and building scalable financial infrastructure, which may support operational stability and ongoing growth initiatives during the transition.
Haider, who joined Mannatech on January 6, 2025, previously held senior finance roles including CFO and financial controller, overseeing multi-entity consolidations, financial reporting, and capital planning in complex organizations. His background in public accounting, mergers and acquisitions, and financial systems development positions him to manage the finance function during the CFO succession process, potentially reassuring investors and other stakeholders about the company’s financial oversight and strategic execution.
The most recent analyst rating on (MTEX) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Mannatech stock, see the MTEX Stock Forecast page.
Spark’s Take on MTEX Stock
According to Spark, TipRanks’ AI Analyst, MTEX is a Neutral.
The score is primarily weighed down by weak financial performance: declining revenue, negative margins/ROE, and negative operating and free cash flow. Technicals are only mildly supportive (price above key moving averages but negative MACD), while valuation is pressured by losses reflected in the negative P/E.
To see Spark’s full report on MTEX stock, click here.
More about Mannatech
Mannatech, Incorporated operates in the health and wellness sector, selling nutrition and wellness products that are typically marketed through direct selling and related channels. The company focuses on leveraging science-based formulations and a network-driven distribution model to reach consumers in various geographic markets and maintain a competitive position among specialty nutrition providers.
Average Trading Volume: 19,153
Technical Sentiment Signal: Sell
Current Market Cap: $13.04M
Learn more about MTEX stock on TipRanks’ Stock Analysis page.