Netsol Technologies Appoints New Chief Financial Officer

Netsol Technologies ( (NTWK) ) has provided an announcement.

Effective January 20, 2026, NetSol Technologies, Inc. appointed Sardar Abubakr as its Chief Financial Officer, bringing in an executive with extensive fintech and digital banking experience, including senior roles at Jazz, a VEON subsidiary, and leadership in forming Raqami Digital Bank. Abubakr’s compensation package includes an approximate annual total of $280,000 in salary and benefits plus performance-based bonuses, while former CFO Roger Almond will remain with the company as Chief Accounting Officer, signaling a continuity of financial oversight alongside a strategic strengthening of the firm’s finance function to support its future operations and growth ambitions.

The most recent analyst rating on (NTWK) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Netsol Technologies stock, see the NTWK Stock Forecast page.

Spark’s Take on NTWK Stock

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

The score is driven primarily by strong revenue growth and acceptable profitability with low leverage, but it is meaningfully constrained by negative free cash flow and weak operating cash conversion. Technicals are neutral-to-weak with the stock below key longer-term moving averages, and valuation is a notable headwind given the very high P/E.

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

More about Netsol Technologies

NetSol Technologies, Inc. operates in the technology sector, providing software and technology solutions, with a focus on financial and digital services for enterprise clients. The company’s leadership team includes roles overseeing finance, accounting, and strategic ventures to support its growth and operational stability in its target markets.

Average Trading Volume: 57,271

Technical Sentiment Signal: Sell

Current Market Cap: $36.57M

See more insights into NTWK stock on TipRanks’ Stock Analysis page.