According to Benchmark analyst Mark Palmer, on Wednesday (July 14), the firm reiterated a Buy rating on Securitize (SECZ) with a $16 price target despite lowering its 2026 revenue forecast to $82 million from $107 million. Palmer argued the stock's roughly 40% decline since completing its SPAC merger does not reflect deteriorating fundamentals, but rather a price discovery phase as early SPAC investors take profits.
Separately on Wednesday, Securitize announced a partnership with Cantor Fitzgerald to enable public companies to conduct onchain initial public offerings and secondary offerings. The collaboration pairs Cantor's equities capital markets access with Securitize's tokenization infrastructure, bolstering the company's push into tokenized public equities following its NYSE debut earlier this month.