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Freightos cuts 2026 revenue growth forecast amid weak SaaS and platform performance, stock down 40%.

Analyst Insights
04 Jun 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Freightos reported a modest 3% revenue growth to $7.2 million in Q1 2026, with disappointing SaaS and platform revenue performance, especially due to Middle East volume pressures. The company also saw increasing EBITDA losses and lowered its 2026 revenue growth guidance to 3%-6% from the previous 6%-12%, while maintaining expected EBITDA losses between $6.2 million and $6.9 million. The stock has dropped nearly 40% since an upgrade in January, and the price target was reduced to $2.65 from $3.38, reflecting concerns about sales and the potential need for a capital raise if growth does not improve.

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