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Ontrak Ceases Operations After Failed Partnership

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Ontrak Ceases Operations After Failed Partnership

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Ontrak ( (OTRK) ) has issued an update.

Ontrak announced that on July 2, 2025, a major potential partner decided not to pursue a partnership, prompting the board to assess its financial situation and funding prospects. Due to the inability to meet financial covenants and lack of viable funding options, the board decided to cease operations and terminate all employees by July 31, 2025.

The most recent analyst rating on (OTRK) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Ontrak stock, see the OTRK Stock Forecast page.

Spark’s Take on OTRK Stock

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

Ontrak’s overall stock score is primarily impacted by financial performance issues, including declining revenue and profitability challenges. Technical analysis shows bearish momentum, further weighing on the score. Valuation reflects the company’s negative earnings, providing limited attractiveness relative to peers.

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

More about Ontrak

Average Trading Volume: 681,606

Technical Sentiment Signal: Sell

Current Market Cap: $3.47M

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

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