Pineapple Financial Faces Delisting, Plans OTC Move

Pineapple Financial ( (PAPLF) ) has issued an announcement.

On May 14, 2025, Pineapple Financial was notified by NYSE American that its common shares would be delisted due to low selling prices. The company plans to appeal this decision and has moved its shares to the OTC Pink Market, with intentions to apply for the OTCQB. Pineapple Financial attributes the delisting to misinformation affecting its stock price and reassures stakeholders of its operational strength and commitment to resolving the issue. A reverse stock split and a special shareholder meeting are planned to address the situation.

The most recent analyst rating on (PAPLF) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Pineapple Financial stock, see the PAPLF Stock Forecast page.

Spark’s Take on PAPLF Stock

According to Spark, TipRanks’ AI Analyst, PAPLF is a Underperform.

Pineapple Financial, Inc. faces significant challenges across its financial performance, technical indicators, and valuation. The company is not currently profitable, with negative margins and cash flow issues, and is highly leveraged. Technical analysis suggests a bearish trend with potential downside risks. The lack of earnings and dividend yield makes the stock less attractive, resulting in a low overall score.

To see Spark’s full report on PAPLF stock, click here.

More about Pineapple Financial

Pineapple Financial is an award-winning fintech and leading Canadian mortgage brokerage network, focusing on the long-term success of agents and brokers and the overall experience of homeowners. It provides cutting-edge cloud-based tools and AI-driven systems to help Canadians achieve homeownership and is actively involved in community sponsorships across Canada.

Average Trading Volume: 1,093,550

Technical Sentiment Signal: Sell

See more data about PAPLF stock on TipRanks’ Stock Analysis page.