SMX (Security Matters) Public (NASDAQ:SMX) Trading Down 27% – Time to Sell?

SMX (Security Matters) Public Limited Company (NASDAQ:SMX) traded down 27% during mid-day trading on Monday . The stock traded as low as $65.00 and last traded at $84.95. 610,226 shares traded hands during trading, a decline of 58% from the average session volume of 1,452,533 shares. The stock had previously closed at $116.41.

Key SMX (Security Matters) Public News

Here are the key news stories impacting SMX (Security Matters) Public this week:

• Positive Sentiment: SMX announced plans to expand its material-embedded identity platform into denim and recycled-denim (Q1 2026), targeting a large apparel market and positioning the tech as a way to certify recycled content and reduce excess inventory. SMX Announces Expansion into Denim and Recycled-Denim
• Positive Sentiment: Company says it will expand cotton material identity into denim to support authentication and recycled-content verification — a direct commercial use case that could unlock recurring revenue from fashion brands. The New Scarcity in Luxury Isn’t Product, It’s Proof
• Positive Sentiment: SMX expanded its circular-rubber program into global latex and rubber gloves, claiming verifiable traceability for one of the largest post-use rubber waste streams — potential for B2B contracts in medical and industrial supply chains. SMX Expands Industrial Rubber Traceability
• Positive Sentiment: SMX published use-case coverage converting disposable rubber (e.g., gloves) into verifiable, monetizable material — supports the company’s narrative of turning waste streams into traceable assets. SMX Converts Disposable Rubber into Verifiable, Monetizable Material
• Positive Sentiment: Multiple briefs highlight SMX’s positioning around precious-metal (silver) supply-chain traceability and luxury/fashion authentication — thematic market stories that could expand addressable markets in electronics and high-end apparel. Fragmented Silver Supply Chains Create Winners Silver Isn’t Just a Metal Anymore
• Neutral Sentiment: SMX has been pushing a narrative — “materials with memory” — across several press releases (luxury, denim, rubber). These are strategic positioning items that could support long-term revenue but are not immediate proof of customer wins or near-term revenue growth. SMX Is Shifting Luxury, Fashion, and Materials from Assumption to Evidence
• Negative Sentiment: Market reaction: two independent pieces flagged steep share drops (~27–35%), prompting sell-side and retail debate about whether to hold or sell; those articles likely amplified intraday selling pressure. Why SMX’s Stock Is Down 34.64% SMX Shares Down 27% – Time to Sell?
• Negative Sentiment: Technical/market-risk: extremely elevated intraday volume vs. average and prior extreme price swings increase the risk of short-term volatility and headline-driven declines even when company announcements are positive. (See trading-volume note in market data.)

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of SMX (Security Matters) Public in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

SMX (Security Matters) Public Stock Performance

The business’s 50 day moving average price is $70.98 and its 200-day moving average price is $573.71.

About SMX (Security Matters) Public

Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.

The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.