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The latest update is out from urban-gro ( (UGRO) ).
On May 21, 2025, urban-gro, Inc. received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to delays in filing its financial reports for the fiscal year ended December 31, 2024, and the fiscal quarter ended March 31, 2025. The delays were attributed to the restatement of financial statements and turnover in the finance department. The company has until June 16, 2025, to submit a compliance plan to Nasdaq, which could grant an extension until October 13, 2025, if accepted. This notice does not immediately affect the company’s stock listing on Nasdaq.
The most recent analyst rating on (UGRO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on urban-gro stock, see the UGRO Stock Forecast page.
Spark’s Take on UGRO Stock
According to Spark, TipRanks’ AI Analyst, UGRO is a Underperform.
urban-gro’s overall stock score is low due to significant financial, technical, and corporate challenges. The company’s negative profitability and weak balance sheet weigh heavily on its financial health. Additionally, technical indicators point to continued downward momentum, with substantial risks from potential Nasdaq delisting adding to investor concerns. While there is some improvement in cash flow, it is overshadowed by persistent financial and operational issues.
To see Spark’s full report on UGRO stock, click here.
More about urban-gro
urban-gro, Inc. is an integrated professional services and Design-Build firm that provides architectural, engineering, and construction management solutions to sectors including Controlled Environment Agriculture (CEA), industrial, healthcare, and other commercial areas. The company operates with a focus on innovation and collaboration, with offices in North America and Europe.
Average Trading Volume: 227,431
Technical Sentiment Signal: Sell
Current Market Cap: $4.93M
For an in-depth examination of UGRO stock, go to TipRanks’ Stock Analysis page.