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Investing.com - Benchmark maintained its Buy rating and $20.00 price target on A2Z Smart Technology Corp. (NASDAQ:AZ), representing a potential 153% upside from the current price of $7.89, following recent developments with Israeli retailer Yochanonof. According to InvestingPro data, the stock has delivered an impressive 472% return over the past year.
The rating reaffirmation comes after A2Z announced a formal acquisition of retail media and data rights from Yochanonof for a fixed fee, just five days after securing a record $55 million purchase order for smart carts from the same retailer.
Benchmark noted this development establishes a foundation for A2Z to begin what it describes as a "long and lucrative commerce media journey," though the structure of this deal will likely differ from potential arrangements in other countries.
The firm explained that Yochanonof’s approach involves higher upfront payments with lower subscription fees, alongside higher initial data payouts without long-term data rights, but estimated the per-cart monthly economics would roughly equal expected deployments elsewhere.
Benchmark also observed that the economics could scale rapidly depending on variables such as fill rate, CPMs, and cart deployments, potentially leading A2Z to offer carts at no cost in exchange for larger portions of retail media revenue.
In other recent news, A2Z Cust2Mate Solutions Corp. has secured a significant $55 million order from the Israeli supermarket chain M. Yochananof & Sons for 5,000 smart shopping carts. This deployment, which has already begun, is expected to be completed by the end of 2026. Additionally, the company has obtained retail media monetization rights with Yochananof, allowing them to monetize advertisements on their smart shopping carts. A2Z will pay Yochananof a fixed sum for ads based on cost per thousand impressions.
In another development, A2Z Cust2Mate has sold its Israeli subsidiary, A2ZMS Advanced Military Solutions Ltd., for 500,000 Israeli shekels. The sale was approved by non-interested directors after an independent valuation. Moreover, A2Z Cust2Mate has received a $25 million order from its strategic partner Trixo for 3,000 Cust2Mate 3.0 Smart Carts. These carts will be deployed to a major international retail chain in Latin America starting in the first quarter of 2026 under a recurring revenue model.
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