Antalpha Platform (NASDAQ:ANTA) Authorizes Stock Repurchase Program

Antalpha Platform (NASDAQ:ANTA) announced that its board has approved a share repurchase program on Monday, November 24th, RTT News reports. The company plans to buyback $10.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Separately, B. Riley initiated coverage on shares of Antalpha Platform in a report on Tuesday, November 4th. They issued a “buy” rating and a $14.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Antalpha Platform has a consensus rating of “Strong Buy” and an average target price of $14.00.

Antalpha Platform Stock Performance

NASDAQ:ANTA traded up $0.71 during mid-day trading on Monday, hitting $9.45. 3,961 shares of the company’s stock traded hands, compared to its average volume of 7,091. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.99. The stock has a market capitalization of $218.30 million and a P/E ratio of 19.69. The business has a 50 day simple moving average of $11.42. Antalpha Platform has a 1 year low of $8.74 and a 1 year high of $27.72.

Antalpha Platform (NASDAQ:ANTA) last released its quarterly earnings results on Monday, November 10th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.14 by $0.14. The business had revenue of $21.06 million during the quarter, compared to analyst estimates of $21.18 million. Antalpha Platform has set its Q4 2025 guidance at EPS.

About Antalpha Platform

Antalpha provides financing, technology and risk management solutions to the digital asset industry. As the primary lending partner for Bitmain, we are a provider of supply chain financing solutions to institutional and corporate participants in the Bitcoin mining industry, offering loans secured by Bitcoin and Bitcoin mining machines.