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An announcement from Newtek Business ( (NEWT) ) is now available.
On June 6, 2025, NewtekOne, Inc. amended its Equity Distribution Agreement, increasing the number of shares from 3,000,000 to 5,000,000 and adding new placement agents. This strategic move aims to enhance the company’s market presence by allowing sales through various methods, including Nasdaq and private transactions.
The most recent analyst rating on (NEWT) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Newtek Business stock, see the NEWT Stock Forecast page.
Spark’s Take on NEWT Stock
According to Spark, TipRanks’ AI Analyst, NEWT is a Neutral.
The stock’s score is primarily influenced by financial challenges, including zero revenue and negative cash flow. However, the attractive valuation and positive earnings call provide some offsetting strengths. Technical analysis suggests a neutral outlook, with no clear momentum signals.
To see Spark’s full report on NEWT stock, click here.
More about Newtek Business
Average Trading Volume: 272,420
Technical Sentiment Signal: Sell
Current Market Cap: $278.2M
See more insights into NEWT stock on TipRanks’ Stock Analysis page.
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