Freight Technologies, Inc. (FRGT, Financial) has made significant progress in its artificial intelligence initiatives by advancing its partnership with Fetch.ai. The company has implemented AI-driven voice agents through Agentverse, a platform by Fetch.ai known for its decentralized capabilities and featuring the ASI:One, a leading language model. This development marks a crucial advancement in Fr8Tech’s pursuit of more intelligent and decentralized logistics solutions, highlighting its expanding influence in the innovative AI-centric supply chain sector.
According to CEO Javier Selgas, the incorporation of ASI:One into their voice bots is a substantial move toward creating more versatile and intelligent logistics frameworks. The company's internal evaluations have shown that the ASI1-Fast Agent excels in capturing data via voice efficiently. By introducing these agents into Agentverse, Fr8Tech aims to initiate the automation of essential workflows throughout the freight industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Freight Technologies Inc (FRGT, Financial) is $90.00 with a high estimate of $90.00 and a low estimate of $90.00. The average target implies an upside of 4,597.29% from the current price of $1.92. More detailed estimate data can be found on the Freight Technologies Inc (FRGT) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Freight Technologies Inc's (FRGT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Freight Technologies Inc (FRGT, Financial) in one year is $3.82, suggesting a upside of 99.37% from the current price of $1.916. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Freight Technologies Inc (FRGT) Summary page.
