Ontrak Completes $3.24 Million Public Offering

The latest update is out from Ontrak ( (OTRK) ).

On June 30, 2025, Ontrak, Inc. completed a public offering of common stock and warrants, raising approximately $3.24 million in net proceeds. The company plans to use these funds for working capital and general corporate purposes. The offering involved the sale of shares and prefunded warrants, each accompanied by four additional warrants, with an exercise price of $0.60 per share. The offering is part of Ontrak’s strategy to enhance its financial position and support its operations in the behavioral healthcare industry.

The most recent analyst rating on (OTRK) stock is a Buy with a $60.00 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 Underperform.

Ontrak’s overall stock score is low due to significant financial challenges, negative technical indicators, and unattractive valuation metrics. The company’s financial instability and operational inefficiencies are the primary factors weighing down its performance.

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

More about Ontrak

Ontrak, Inc. is a value-based behavioral healthcare company that leverages its proprietary Advanced Engagement System to identify and engage individuals with unmet health needs. The company focuses on improving clinical outcomes and reducing healthcare costs by delivering personalized care to vulnerable members of the behavioral health population, including those with anxiety, depression, substance use disorder, and chronic diseases.

Average Trading Volume: 158,242

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.94M

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