Stock Price Prediction

PET stock closed at $0.2553 on January 31, 2025, with a post-market drop to $0.2513. Bulls may argue that the stock is undervalued after a sharp decline of 68%-72% following disappointing Q3 results and FY24 revenue guidance cuts, suggesting potential for recovery if management addresses operational challenges effectively. However, the current bearish sentiment and weak financial outlook make it a speculative play.

PET stock is bearish due to its sharp decline of 72% to $0.1821 following worse-than-expected Q3 financial results and a reduced FY24 revenue outlook. The company’s weak earnings and guidance signal significant operational challenges. This drop reflects a lack of investor confidence in its near-term recovery.

The market consensus for PET's revenue in the upcoming quarter is projected to be approximately $18.65M USD.