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ProFrac Holding ( (ACDC) ) has shared an announcement.
On August 12, 2025, ProFrac Holding Corp. entered into an underwriting agreement with J.P. Morgan Securities LLC and Piper Sandler & Co. to sell 18,750,000 shares of its Class A common stock, with an option for an additional 2,812,500 shares. The sale, which closed on August 14, 2025, raised approximately $72.8 million in net proceeds, enhancing ProFrac’s financial position and potentially impacting its market operations and stakeholder interests.
The most recent analyst rating on (ACDC) stock is a Sell with a $7.00 price target. To see the full list of analyst forecasts on ProFrac Holding stock, see the ACDC Stock Forecast page.
Spark’s Take on ACDC Stock
According to Spark, TipRanks’ AI Analyst, ACDC is a Neutral.
ProFrac Holding’s overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability, and high leverage. Technical analysis indicates bearish momentum, further weighing on the score. While the earnings call and corporate events provide some positive outlook, they are not sufficient to offset the current financial and market challenges.
To see Spark’s full report on ACDC stock, click here.
More about ProFrac Holding
ProFrac Holding Corp. operates in the energy sector, focusing on providing hydraulic fracturing services and related products to the oil and gas industry.
Average Trading Volume: 968,647
Technical Sentiment Signal: Sell
Current Market Cap: $1.01B
For detailed information about ACDC stock, go to TipRanks’ Stock Analysis page.