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ModivCare Delays 10-Q Filing Amid Financial Challenges

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ModivCare Delays 10-Q Filing Amid Financial Challenges

ModivCare ( (MODVQ) ) has released a notification of late filing.

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ModivCare Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending September 30, 2025. The delay is primarily due to the need for additional time to assess goodwill for potential impairment, evaluate the results of an investigation into compliance hotline allegations, and manage the demands associated with the company’s Chapter 11 bankruptcy proceedings. ModivCare expects to file the report within five calendar days following the prescribed due date. The company anticipates significant changes in its financial results, with a notable decrease in consolidated revenue and net income due to reorganization expenses related to its bankruptcy case. ModivCare is actively working to comply with filing requirements, and the notification was signed by CEO L. Heath Sampson.

The most recent analyst rating on (MODVQ) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on ModivCare stock, see the MODVQ Stock Forecast page.

Spark’s Take on MODVQ Stock

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

ModivCare’s overall stock score is primarily impacted by its poor financial performance, characterized by negative cash flow and high leverage. Technical analysis further indicates a bearish trend, and the valuation metrics highlight significant financial distress. These factors collectively suggest a high-risk investment with limited upside potential.

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

More about ModivCare

Average Trading Volume: 7,376,766

Technical Sentiment Signal: Strong Sell

Current Market Cap: $44.5K

For an in-depth examination of MODVQ stock, go to TipRanks’ Overview page.

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