Woofun AI reports that Benchmark has reduced its 2026 revenue estimate for Securitize from $107 million to $82 million. The firm maintains a Buy rating and a $16 price target, attributing the stock's roughly 40% decline since listing to SPAC investor structure transitions and price discovery rather than business deterioration. Analyst Mark Palmer emphasized that the company's operational quality remains unchanged post-merger. Securitize shares dropped to $7.40 on Tuesday before rebounding nearly 14% to $8.50 on Wednesday.