Nextech3D.ai Secures Contract Renewal, Reinforces Leadership in 3D Modeling

NexTech AR Solutions ( (TSE:NTAR) ) just unveiled an announcement.

Nextech3D.ai has renewed an annual contract with a global eCommerce client for AI-driven 3D cloud model hosting, valued at $55,000. This renewal underscores the company’s leadership in the 3D modeling space and highlights its strong customer retention and growth in demand for immersive digital experiences. The announcement follows recent major enterprise customer wins, positioning Nextech3D.ai for continued growth as the demand for AI-powered 3D models in e-commerce rises.

The most recent analyst rating on (TSE:NTAR) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on NexTech AR Solutions stock, see the TSE:NTAR Stock Forecast page.

Spark’s Take on TSE:NTAR Stock

According to Spark, TipRanks’ AI Analyst, TSE:NTAR is a Neutral.

NexTech AR Solutions’ overall stock score is driven by significant financial challenges, with persistent losses and negative cash flows being major concerns. However, recent positive corporate events and some favorable technical indicators provide a counterbalance, suggesting potential for future growth. The stock’s valuation remains unattractive due to negative earnings, impacting the overall score.

To see Spark’s full report on TSE:NTAR stock, click here.

More about NexTech AR Solutions

Nextech3D.ai is an AI-first technology company specializing in the production of photorealistic 3D models and immersive spatial experiences tailored for e-commerce, retail, and event applications. The company utilizes proprietary AI to efficiently scale the creation of 3D assets for major retailers and digital platforms such as Amazon, Shopify, BigCommerce, and WooCommerce.

Average Trading Volume: 364,094

Technical Sentiment Signal: Sell

Current Market Cap: C$11.08M

See more data about NTAR stock on TipRanks’ Stock Analysis page.