Analyst Scott Buck of H.C. Wainwright reiterated a Buy rating on NexTech AR Solutions, retaining the price target of $0.25.
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Scott Buck has given his Buy rating due to a combination of factors tied to NexTech AR Solutions’ strengthening fundamentals and strategic repositioning. He highlights that revenue is now growing sequentially for the fourth straight quarter, recently exceeding his forecast, with growth approaching 20% as the company pivots from commoditized 3D modeling toward higher-margin AI-driven event technology.
He also points to the Eventdex and Krafty Labs acquisitions as key drivers that expand the firm’s presence in both live and virtual events, add meaningful recurring revenue, and open access to hundreds of large corporate clients, creating attractive cross-selling potential. Combined with very strong gross margins, disciplined cash operating costs, and only modest adjustments to forward estimates while maintaining a $0.25 price target, these elements support his view that the shares offer compelling upside at current levels.