Leadership Transition: Freightos founder and CEO Zvi Schreiber will step down from his role on January 31, 2026, to serve as a non-executive director, continuing to provide strategic guidance to fulfill the company's vision for digital freight pricing and procurement.
Transition Arrangements: To ensure a smooth transition, the board has appointed CFO Pablo Pinillos as Interim CEO and initiated a comprehensive executive search to identify a new leader who can guide the company's future evolution.
Business Growth Momentum: Freightos has recently secured enterprise agreements with multiple top ten global freight forwarders, achieving an annualized run rate of 1.7 million bookings and handling over a billion dollars in annual Gross Booking Value, indicating strong growth potential in the global freight market.
Strategic Focus: The new CEO will concentrate on enhancing customer satisfaction and operational efficiency, with the board emphasizing the need to unlock the full potential of the platform to capture significant long-term profitable growth opportunities.
CRGO
$3+Infinity%1D
Analyst Views on CRGO
Wall Street analysts forecast CRGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRGO is 5.00 USD with a low forecast of 5.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast CRGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRGO is 5.00 USD with a low forecast of 5.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.060
Low
5.00
Averages
5.00
High
5.00
Current: 3.060
Low
5.00
Averages
5.00
High
5.00
No data
About CRGO
Freightos Limited provides a vendor-neutral booking and payment platform. The Company connects thousands of carriers, freight forwarders, and importers and exporters around the world for air, ocean and trucking freight pricing, booking and shipment management. Its products include the Freightos Marketplace, WebCargo, WebCargo for Airlines, Shipsta by Freightos, 7LFreight by WebCargo, and Clearit. It provides a range of solutions, including WebCargo’s booking platform, tools and data solutions for carriers and forwarders, Freightos.com’s digital freight booking and management platform for importers and exporters, its data solutions or Clearit, its digital customs broker. It also operates Freightos Terminal, a freight market intelligence solution that offers data on real-time pricing, transit times, the Freightos Air Index (FAX) and Freightos Baltic Index, and a news feed. It has over 1,800 freight forwarders across 90 countries that use WebCargo by Freightos for eBookings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
