Benchmark lowers Securitize 2026 revenue forecast to $82 million, maintains buy ratingOdaily Planet Daily reported that Benchmark reaffirmed its Buy rating and $16 price target for Securitize (SECZ). It believes that the approximately 40% decline since its listing is not due to fundamental deterioration, but rather SPAC investor structure transition and price discovery. Analyst Mark Palmer stated that the business quality and prospects of SECZ have not changed since the completion of its SPAC merger, and investors should filter out noise and focus on business fundamentals. SECZ fell to $7.40 on Tuesday, down over 40% from its first trading day opening price of $12.45 on the NYSE, and rose nearly 14% to $8.50 on Wednesday. Benchmark simultaneously lowered its 2026 revenue forecast from $107 million to $82 million.
