Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
RYTHM ( (RYM) ) has issued an announcement.
On March 30, 2025, RYTHM, Inc. decided to discontinue its legacy extraction business, marking a strategic shift in its operations. This decision led to the reclassification of the extraction business as discontinued operations in the company’s financial statements for 2023 and 2024, reflecting a major impact on its financial results and operations.
The most recent analyst rating on (RYM) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on RYTHM stock, see the RYM Stock Forecast page.
Spark’s Take on RYM Stock
According to Spark, TipRanks’ AI Analyst, RYM is a Neutral.
Agrify’s overall stock score is primarily impacted by its poor financial performance, which is a significant concern. However, the recent corporate event involving strategic acquisitions and rebranding provides a positive outlook. Technical indicators suggest some potential for upward movement, but the negative valuation metrics remain a risk.
To see Spark’s full report on RYM stock, click here.
More about RYTHM
RYTHM, Inc., formerly known as Agrify Corporation, is a developer of branded innovative solutions for the cannabis and hemp industries. The company offers hemp-derived THC beverages under the Señorita brand, which are available in nine U.S. states and Canada. Prior to March 2025, RYTHM was also a leading provider of cultivation and extraction solutions for the cannabis industry.
Average Trading Volume: 19,875
Technical Sentiment Signal: Buy
Current Market Cap: $96.62M
See more insights into RYM stock on TipRanks’ Stock Analysis page.