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An update from XCF Global Inc Class A ( (SAFX) ) is now available.
On April 29, 2026, XCF Global’s subsidiary New Rise Renewables Reno entered a forbearance agreement with ground lessor Twain GL XXVIII, LLC, under which Twain agreed to refrain from enforcing remedies over alleged lease defaults until January 1, 2027, in exchange for 4,000,000 XCF common shares whose sale proceeds will offset amounts owed. The unregistered share issuance relied on private placement exemptions, and the agreement provides breathing room for New Rise Reno’s capital structure while preserving control of the site.
New Rise Reno, commissioned in February 2025 and commercially operating since March 2025, has produced more than 2.5 million gallons of renewable fuels and is in the final stages of an upgrade aimed at improving long-term reliability, fuel quality systems, and operating procedures. XCF reported that it is targeting a June restart of the Reno facility following completion of upgrade activities and standard start-up processes, positioning the plant to resume contributing volume to the nascent SAF market while the landlord dispute is effectively contained for the near term.
The most recent analyst rating on (SAFX) stock is a Hold with a $1.20 price target. To see the full list of analyst forecasts on XCF Global Inc Class A stock, see the SAFX Stock Forecast page.
More about XCF Global Inc Class A
XCF Global Inc. is an emerging sustainable aviation fuel producer focused on lowering emissions and bolstering renewable energy resilience in the aviation industry. Its flagship New Rise Renewables Reno facility in Nevada has a permitted nameplate capacity of 38 million gallons per year and produces SAF, renewable diesel, and renewable naphtha for North American markets. XCF is pursuing expansion opportunities in Nevada, North Carolina, and Florida while building partnerships across energy and transportation sectors.
Average Trading Volume: 20,167,110
Technical Sentiment Signal: Sell
Current Market Cap: $148M
See more data about SAFX stock on TipRanks’ Stock Analysis page.