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Turbo Energy, S.A. Sponsored ADR ( (TURB) ) has issued an update.
On January 12, 2026, Turbo Energy, S.A. received a notification from Nasdaq’s Listing Qualifications Department stating that the company is no longer in compliance with the Nasdaq Capital Market’s minimum stockholders’ equity requirement, after its November 4, 2025 Form 6-K showed equity of approximately $1.5 million as of June 30, 2025, below the required $2.5 million, and it also failed to meet alternative listing standards tied to market value and net income. Nasdaq has given Turbo Energy 45 calendar days, until February 26, 2026, to submit a plan to regain compliance and may grant up to 180 days from the date of the notice to demonstrate compliance, during which time trading of the company’s ordinary shares is unaffected, though management’s stated intention to evaluate options and file a compliance plan underscores heightened listing risk for shareholders if Nasdaq does not accept the plan or if the company cannot restore compliance within any extension period.
Spark’s Take on TURB Stock
According to Spark, TipRanks’ AI Analyst, TURB is a Neutral.
Turbo Energy, S.A.’s overall stock score is influenced primarily by its financial struggles, with significant operational challenges and high liabilities. Although technical indicators suggest potential for a price increase, the negative valuation metrics present substantial risks. Improvement in operational efficiencies could enhance future prospects, but current financial health remains a concern.
To see Spark’s full report on TURB stock, click here.
More about Turbo Energy, S.A. Sponsored ADR
Turbo Energy, S.A. is a foreign private issuer headquartered in Valencia, Spain, whose ordinary shares are listed on the Nasdaq Capital Market in the United States. The company reports under Form 20-F and is subject to Nasdaq’s continued listing standards, including minimum stockholders’ equity and alternative market-based and earnings-based criteria required for small-cap issuers.
Average Trading Volume: 644,815
Technical Sentiment Signal: Sell
Current Market Cap: $12.78M
Learn more about TURB stock on TipRanks’ Stock Analysis page.