Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
RAS Technology Holdings Limited ( (AU:RTH) ) just unveiled an announcement.
RAS Technology Holdings Limited (ASX: RTH) has announced that its Complete Racing Solution contract with Stake will not be renewed when it concludes in May 2026. The non-renewal is not expected to have a material financial impact, with the company showcasing confidence in its future by citing a robust pipeline and a strategic focus on developing opportunities in international regulated markets, particularly in Asia. RAS emphasizes significant growth potential in these areas, bolstered by a new contract with LeoVegas Group, enhancing its position in the global racing and wagering industry.
The most recent analyst rating on (AU:RTH) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on RAS Technology Holdings Limited stock, see the AU:RTH Stock Forecast page.
More about RAS Technology Holdings Limited
Founded in 1999, RAS Technology Holdings Limited (‘Racing and Sports’) is a leading provider of fully integrated premium data and enhanced content to the global racing and wagering industries. The company serves consumer and enterprise markets, partnering with major names such as Flutter Group, Tabcorp, and Bet365 to deliver solutions spanning analytics, content, and technology.
Average Trading Volume: 45,604
Technical Sentiment Signal: Hold
Current Market Cap: A$45.97M
For a thorough assessment of RTH stock, go to TipRanks’ Stock Analysis page.