Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
TEN Holdings, Inc. ( (XHLD) ) has issued an announcement.
On June 23, 2025, TEN Holdings, Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing Lincoln Park to buy up to $20 million in shares of TEN Holdings’ common stock over a 24-month period. This agreement provides TEN Holdings with a flexible funding option to support working capital, technology development, and potential acquisitions, while adhering to Nasdaq rules and market conditions.
The most recent analyst rating on (XHLD) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on TEN Holdings, Inc. stock, see the XHLD Stock Forecast page.
Spark’s Take on XHLD Stock
According to Spark, TipRanks’ AI Analyst, XHLD is a Neutral.
TEN Holdings, Inc. faces significant financial challenges, including declining revenues and negative cash flows, which are the most impactful factors in the overall score. The technical analysis also indicates bearish trends, adding to the risk profile. However, the strategic shift towards a SaaS-based model presents a potential positive future development.
To see Spark’s full report on XHLD stock, click here.
More about TEN Holdings, Inc.
Average Trading Volume: 2,152,066
For a thorough assessment of XHLD stock, go to TipRanks’ Stock Analysis page.