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Tarena International ( (TCTM) ) has provided an announcement.
On April 1, 2025, TCTM Kids IT Education Inc. announced an agreement to acquire core algorithms and related software and hardware systems for brain-computer interfaces from Jeethen International Co., Limited for US$10.85 million. This acquisition, paid through the issuance of 135,625,000 Class A ordinary shares, marks TCTM’s strategic expansion into the AI-driven medical software industry, which is expected to drive revenue growth and improve profit margins.
Spark’s Take on TCTM Stock
According to Spark, TipRanks’ AI Analyst, (TCTM) is a Underperform.
Tarena International’s overall stock score is low due to severe financial challenges, including declining revenue, negative equity, and cash flow inefficiencies. Technical analysis further indicates a bearish trend, while valuation insights are limited due to missing data. The company needs strategic improvements to enhance financial stability.
To see Spark’s full report on (TCTM) stock, click here.
More about Tarena International
TCTM Kids IT Education Inc. is a leading provider of IT-focused supplementary STEM education services in China. The company offers a range of programs including computer coding and robotics programming courses for students aged three to eighteen. TCTM utilizes a combination of live distance instruction, classroom-based tutoring, and online learning modules to foster children’s logical thinking and learning abilities.
YTD Price Performance: -30.42%
Average Trading Volume: 15,180,717
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.91M
For an in-depth examination of TCTM stock, go to TipRanks’ Stock Analysis page.