Benchmark Lowers Securitize's 2026 Revenue Estimate to $82 Million, Maintains Buy Rating

Odaily Planet Daily News Benchmark reiterates its Buy rating and $16 price target for Securitize (SECZ), attributing the approximately 40% decline since its listing to SPAC investor base rotation and price discovery rather than fundamental deterioration. Analyst Mark Palmer stated that SECZ's business quality and prospects have not changed since the completion of the SPAC merger, and investors should look past the noise and focus on business fundamentals. SECZ fell to $7.40 on Tuesday, down over 40% from its first-day opening price of $12.45 on the NYSE, before rising nearly 14% to $8.50 on Wednesday. Benchmark also lowered its 2026 revenue estimate from $107 million to $82 million.