Based on ratings from 0 stock analysts, the stock price is expected to decrease by NAN% in 12 months. This is calculated by using the average 12-month stock price forecast for . The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned FEXD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FEXD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of FEXD.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Data Not Found! |
In 2023, FEXD generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FEXD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Fintech Ecosystem Development Corp. (Nasdaq:FEXD) extended its deadline for a business combination to August 21, 2023, with a $110,000 deposit from Revofast LLC. This is the fourth of twelve possible extensions.
Why It Matters - The extension of the business combination deadline and the financial support from the sponsor indicate ongoing commitment, potentially stabilizing investor confidence and impacting stock valuation.
Summary - Fintech Ecosystem Development Corp. (NASDAQ:FEXD) extended its business combination deadline to July 21, 2023, with a $110,000 deposit from Revofast LLC, its sponsor.
Why It Matters - The extension allows the company more time to secure a business combination, indicating ongoing efforts to stabilize operations and potentially enhance future valuation, affecting investor confidence.
Summary - Fintech Ecosystem Development Corp. received a notice from Nasdaq for not timely filing its Q1 2023 Form 10-Q but has since filed the report to address the compliance issue.
Why It Matters - Non-compliance with Nasdaq listing standards raises concerns about the company's operational stability and transparency, potentially affecting stock performance and investor confidence.
Summary - Fintech Ecosystem Development Corp. (NASDAQ:FEXD) has postponed its special stockholders meeting from April 12 to April 20, 2023, without any business being conducted.
Why It Matters - The adjournment of the special meeting may signal uncertainty or lack of consensus among shareholders, potentially impacting stock performance and investor sentiment.
Summary - Fintech Ecosystem Development Corp. (NASDAQ:FEXD) extended its business combination deadline to April 21, 2023, after Revofast LLC deposited $1.15M into its trust account.
Why It Matters - FEXD's trust account deposit and extension of the business combination deadline indicate ongoing financial support and potential for future acquisitions, affecting investor confidence and stock valuation.
Summary - Fintech Ecosystem Development Corp. (FEXD) extended its business combination deadline to April 21, 2023, and its sponsor will deposit $1.15 million into FEXD's trust account by January 21, 2023.
Why It Matters - The extension allows FEXD more time to finalize a business combination, potentially increasing its value, while the sponsor's deposit boosts investor confidence and financial stability.