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JetAI ( (JTAI) ) has shared an update.
Jet.AI and flyExclusive have extended the closing date of their merger agreement to December 31, 2025, due to a U.S. government shutdown affecting SEC reviews. Despite this delay, both companies remain committed to completing the merger, which involves Jet.AI’s SpinCo merging with flyExclusive’s subsidiary, with SpinCo becoming a wholly owned subsidiary of flyExclusive.
The most recent analyst rating on (JTAI) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on JetAI stock, see the JTAI Stock Forecast page.
Spark’s Take on JTAI Stock
According to Spark, TipRanks’ AI Analyst, JTAI is a Underperform.
JetAI’s overall stock score is primarily impacted by its poor financial performance and unattractive valuation. Technical analysis suggests bearish momentum, although oversold conditions may offer a short-term rebound opportunity. The lack of earnings call data and corporate events further limits positive factors.
To see Spark’s full report on JTAI stock, click here.
More about JetAI
Jet.AI, founded in 2018 and based in Las Vegas, NV, operates in the Software and Aviation segments and is transitioning to a pure-play AI data center company. The company aims to build scalable, high-performance infrastructure to support AI’s computational demands, leveraging AI-powered tools to enhance efficiency and streamline private jet booking.
Average Trading Volume: 106,522
Technical Sentiment Signal: Sell
Current Market Cap: $10.75M
For a thorough assessment of JTAI stock, go to TipRanks’ Stock Analysis page.