Guardforce AI (NASDAQ:GFAI) stock rose Friday as the company announced a new share repurchase program aimed at enhancing long-term value.
GFAI Launches $5M Share Buyback Program
The Board of Directors at Guardforce AI has approved a share repurchase program, authorizing the purchase of up to $5 million of outstanding ordinary shares. The company believes its current market valuation does not reflect its intrinsic value, given the strength of its secured logistics business and the growth potential of its AI solutions.
CEO Lei Wang emphasized the company’s commitment to operational discipline and a clear roadmap for its AI Agent platform, reinforcing confidence in its fundamentals. The program is effective immediately and will remain in effect for up to one year.
The broader market is experiencing a downturn, with the S&P 500 and other major indices declining today. The Technology sector, in particular, is under pressure, which contrasts with the positive movement in Guardforce AI shares, suggesting the stock may be responding to company-specific factors rather than broader market trends.
Next Earnings Report
Looking further out, the next major catalyst for the stock arrives with the April 27, 2026, earnings report.
- EPS Estimate: 11 cents (Up from Loss of 53 cents)
- Revenue Estimate: $37.65 million (Up from $36.35 million)
GFAI Price Action: Guardforce AI shares were up 11.02% at $0.47 at the time of publication on Friday, according to Benzinga Pro data.
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