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NaaS Technology ( (NAAS) ) has issued an announcement.
On May 7, 2025, NaaS Technology Inc.’s board of directors approved the re-designation and reclassification of 2.1 billion authorized but unissued shares into Class A ordinary shares, effective immediately. Furthermore, on September 4, 2025, the board authorized the creation and issuance of 16 million Class D ordinary shares to Newlink Envision Limited, granting significant voting power and establishing the company as a ‘controlled company’ under Nasdaq rules, allowing for certain governance exemptions.
The most recent analyst rating on (NAAS) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on NaaS Technology stock, see the NAAS Stock Forecast page.
Spark’s Take on NAAS Stock
According to Spark, TipRanks’ AI Analyst, NAAS is a Neutral.
NaaS Technology’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and high leverage. While technical analysis shows some short-term positive momentum, the long-term trend remains bearish. The negative P/E ratio and lack of dividend yield further weigh on the stock’s valuation.
To see Spark’s full report on NAAS stock, click here.
More about NaaS Technology
NaaS Technology Inc. operates in the technology sector, focusing on providing innovative solutions and services. The company is known for its strategic market positioning and forward-thinking approach, with a significant presence in the industry.
Average Trading Volume: 252,908
Technical Sentiment Signal: Sell
Current Market Cap: $2.69M
For an in-depth examination of NAAS stock, go to TipRanks’ Overview page.