Freightos (NASDAQ:CRGO) Announces Quarterly Earnings Results

Freightos (NASDAQ:CRGO) issued its earnings results on Tuesday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.05), Zacks reports. The firm had revenue of $7.16 million during the quarter, compared to analysts’ expectations of $7.45 million. Freightos had a negative return on equity of 42.84% and a negative net margin of 65.65%.

Here are the key takeaways from Freightos’ conference call:

• Q1 fell short of expectations as Freightos said softer-than-expected solution sales and lower transaction activity hurt results, largely tied to volatility and disruptions in Middle East trade corridors.
• Commercial momentum is improving, with the solutions pipeline described as roughly double last year’s level and customer demand growing for benchmarking, forecasting, and procurement intelligence tools.
• The company said its carrier network reached a record 79 active carriers, and it recently added another major carrier expected to strengthen its position in APAC.
• Transaction growth lagged targets: Freightos processed 425,000 transactions, up 15% year over year but below its 20%+ goal, and management said the Q1 shortfall will not be fully recovered this year.
• Freightos is tightening execution and cutting costs, including a plan expected to deliver about $4.5 million in annualized savings beginning in Q4 2026, while still targeting adjusted EBITDA breakeven by the end of 2026.

Freightos Stock Performance

NASDAQ:CRGO opened at $1.97 on Thursday. The firm has a market cap of $101.22 million, a PE ratio of -5.05 and a beta of 0.28. Freightos has a fifty-two week low of $1.17 and a fifty-two week high of $4.24. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.16 and a current ratio of 2.16. The business has a 50 day moving average price of $1.87 and a 200-day moving average price of $2.23.

Analysts Set New Price Targets

CRGO has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Freightos in a research note on Monday, April 20th. Craig Hallum reaffirmed a “buy” rating and issued a $3.00 target price on shares of Freightos in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.00.

Institutional Trading of Freightos

A number of institutional investors have recently made changes to their positions in CRGO. Essex Investment Management Co. LLC boosted its stake in shares of Freightos by 100.3% during the fourth quarter. Essex Investment Management Co. LLC now owns 618,564 shares of the company’s stock valued at $1,410,000 after purchasing an additional 309,746 shares during the period. Topline Capital Management LLC purchased a new stake in shares of Freightos during the second quarter valued at approximately $658,000. 683 Capital Management LLC purchased a new stake in shares of Freightos during the fourth quarter valued at approximately $327,000. Mink Brook Asset Management LLC boosted its stake in shares of Freightos by 43.1% during the fourth quarter. Mink Brook Asset Management LLC now owns 242,352 shares of the company’s stock valued at $553,000 after purchasing an additional 73,001 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Freightos during the fourth quarter valued at approximately $114,000. Hedge funds and other institutional investors own 22.72% of the company’s stock.

More Freightos News

Here are the key news stories impacting Freightos this week:

• Negative Sentiment: Q1 2026 earnings missed estimates, with Freightos reporting EPS of -$0.13 versus expectations of -$0.09 and revenue of $7.16 million versus the $7.45 million consensus. Freightos earnings release and stock page
• Negative Sentiment: The company guided Q2 2026 revenue to $7.2 million-$7.4 million, below the $7.8 million analyst estimate, suggesting near-term demand or pricing pressure. Freightos Q1 2026 results
• Negative Sentiment: Full-year 2026 revenue guidance of $30.2 million-$31.4 million also came in below the $32.0 million consensus, reinforcing a more conservative outlook. Freightos Q1 2026 results
• Neutral Sentiment: Management said it remains focused on long-term growth, operational efficiency, and disciplined execution, but the call transcript and highlights did not indicate a near-term catalyst strong enough to offset the earnings miss. Freightos Q1 2026 earnings call transcript

About Freightos

Freightos, trading under the symbol CRGO on Nasdaq, operates a digital booking platform designed to streamline international freight logistics. The company’s core offering, the Freightos Marketplace, allows shippers and freight forwarders to compare and book air, ocean and trucking services online, providing rate transparency and live booking capabilities. By aggregating quotes from a global network of carriers and forwarders, Freightos enables customers to secure competitive prices and manage bookings through a single interface.

In addition to its marketplace, Freightos offers a suite of SaaS solutions for logistics professionals.