XCF Global Inc. (SAFX) Shares Surge 50.93% Following Financing Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
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Source: Benzinga
- Significant Stock Surge: XCF Global Inc. shares rose 50.93% in after-hours trading to $0.25, driven by the company's financing plans and an SEC filing, indicating strong market optimism about its future prospects.
- Debt to Equity Conversion: According to Tuesday's SEC filing, Randy Soule and Encore DEC LLC converted $28 million in invoices into XCF common stock, with Encore holding 17.6% and Soule 49.6% of shares, reflecting shareholder confidence in the company's growth trajectory.
- Financing Partnership: XCF announced engagement with Bank of America to structure debt financing for its new Sustainable Aviation Fuel facility, demonstrating the company's strategic positioning in the renewable energy sector to meet rising global sustainability demands.
- Optimistic Market Outlook: The company projects that the global sustainable aviation fuel market will exceed $25 billion by 2030, with potential growth to $250 billion by 2050 if decarbonization targets are met, highlighting the industry's significant growth potential.
Analyst Views on BAC
Wall Street analysts forecast BAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAC is 61.17 USD with a low forecast of 55.00 USD and a high forecast of 71.00 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.
18 Analyst Rating
14 Buy
4 Hold
0 Sell
Strong Buy
Current: 52.450
Low
55.00
Averages
61.17
High
71.00
Current: 52.450
Low
55.00
Averages
61.17
High
71.00
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.
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.
