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RideNow Group ( (RDNW) ) has issued an announcement.
RideNow Group, Inc. has appointed Joshua J. Barsetti as its new Executive Vice President and Chief Financial Officer, effective October 20, 2025. This appointment follows the interim tenure of Michael Quartieri, who will continue as Chairman, CEO, and President. Mr. Barsetti brings extensive experience from his previous roles at Buyerlink Inc., AutoWeb, Inc., and Zovio Inc., among others. The appointment includes a comprehensive compensation package with salary, bonuses, and stock units, reflecting the company’s strategic focus on strengthening its financial leadership. The move is expected to enhance RideNow’s financial operations and align with its growth objectives, potentially impacting stakeholders positively.
The most recent analyst rating on (RDNW) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on RideNow Group stock, see the RDNW Stock Forecast page.
Spark’s Take on RDNW Stock
According to Spark, TipRanks’ AI Analyst, RDNW is a Neutral.
RideNow Group’s overall stock score reflects significant financial challenges, with declining revenue and profitability, high leverage, and negative equity. Technical indicators are mixed, with potential bearish momentum but signs of a possible reversal. Valuation metrics are concerning, with a negative P/E ratio. The earnings call highlighted some operational improvements, but substantial revenue challenges remain.
To see Spark’s full report on RDNW stock, click here.
More about RideNow Group
Average Trading Volume: 702,210
Technical Sentiment Signal: Sell
Current Market Cap: $123.7M
See more insights into RDNW stock on TipRanks’ Stock Analysis page.