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urban-gro Faces Nasdaq Delisting Hearing in October

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urban-gro Faces Nasdaq Delisting Hearing in October

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urban-gro ( (UGRO) ) has issued an update.

urban-gro, Inc. received a deficiency letter from Nasdaq on February 24, 2025, due to its common stock trading below the minimum required price of $1.00 per share for 30 consecutive business days. On August 28, 2025, Nasdaq issued a determination letter stating that urban-gro failed to regain compliance with the minimum bid requirement by August 25, 2025, which could lead to delisting. The company also failed to meet the timely filing and stockholders’ equity requirements. A hearing with the Nasdaq Hearings Panel is scheduled for October 14, 2025, but there is no assurance of regaining compliance or a successful appeal.

The most recent analyst rating on (UGRO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on urban-gro stock, see the UGRO Stock Forecast page.

Spark’s Take on UGRO Stock

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

urban-gro’s overall stock score is low due to significant financial, technical, and corporate challenges. The company’s negative profitability and weak balance sheet weigh heavily on its financial health. Additionally, technical indicators point to continued downward momentum, with substantial risks from potential Nasdaq delisting adding to investor concerns. While there is some improvement in cash flow, it is overshadowed by persistent financial and operational issues.

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

More about urban-gro

Average Trading Volume: 5,797,894

Technical Sentiment Signal: Sell

Current Market Cap: $5.58M

See more insights into UGRO stock on TipRanks’ Stock Analysis page.

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