Geospace Technologies Extends Credit Agreement with Woodforest

Geospace Technologies ( (GEOS) ) has issued an announcement.

On August 29, 2025, Geospace Technologies Corporation entered into a First Amended and Restated Credit Agreement with Woodforest National Bank, extending its Revolving Loan and Security Agreement for a three-year term with a $25 million credit facility. The agreement requires Geospace to maintain specific financial covenants, including a minimum consolidated tangible net worth of $85 million, minimum liquidity of $10 million, and a minimum asset coverage ratio of 2.00 to 1.00, highlighting the company’s strategic financial management to support its operations and market positioning.

The most recent analyst rating on (GEOS) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Geospace Technologies stock, see the GEOS Stock Forecast page.

Spark’s Take on GEOS Stock

According to Spark, TipRanks’ AI Analyst, GEOS is a Neutral.

Geospace Technologies’ stock score is primarily influenced by its financial performance challenges, particularly in profitability and cash flow. While technical indicators suggest positive momentum, valuation concerns due to a negative P/E ratio and lack of dividends weigh on the score. The earnings call provides a mixed outlook, with strategic wins balanced by operational challenges.

To see Spark’s full report on GEOS stock, click here.

More about Geospace Technologies

Geospace Technologies Corporation operates in the technology industry, focusing on providing advanced seismic instrumentation and equipment for the oil and gas exploration sector. The company is known for its innovative solutions that enhance data acquisition and analysis in geophysical applications.

Average Trading Volume: 297,828

Technical Sentiment Signal: Strong Buy

Current Market Cap: $238.6M

Find detailed analytics on GEOS stock on TipRanks’ Stock Analysis page.