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NextTrip ( (NTRP) ) just unveiled an update.
On September 15, 2025, NextTrip, Inc. completed a securities transaction involving the issuance of Series Q Nonvoting Convertible Preferred Stock. The company sold 81,250 restricted shares at $3.20 per share to accredited investors. This stock is convertible into common stock upon stockholder approval to remove the Exchange Cap. The Series Q Preferred Stock ranks equally with common stock and does not carry voting rights, but holders are entitled to dividends on an as-converted basis. The conversion to common stock will occur automatically after stockholder approval, aligning with Nasdaq rules.
The most recent analyst rating on (NTRP) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on NextTrip stock, see the NTRP Stock Forecast page.
Spark’s Take on NTRP Stock
According to Spark, TipRanks’ AI Analyst, NTRP is a Neutral.
NextTrip’s overall stock score is primarily affected by its challenging financial performance, with unprofitable operations and declining revenues being major concerns. While technical analysis and valuation indicators are weak, recent corporate events suggest potential for future improvement, but significant risks remain.
To see Spark’s full report on NTRP stock, click here.
More about NextTrip
Average Trading Volume: 23,313
Technical Sentiment Signal: Sell
Current Market Cap: $31.65M
For detailed information about NTRP stock, go to TipRanks’ Stock Analysis page.