Katapult Holdings Extends Credit Agreement Maturity Date

Katapult Holdings ( (KPLT) ) has provided an update.

On June 3, 2025, Katapult Holdings entered into a Second Limited Waiver to extend the maturity date of its Credit Agreement from June 4 to June 9, 2025. The company is negotiating a comprehensive maturity extension amendment to align with its business plan, but failure to secure favorable terms could adversely affect its financial condition and operations.

The most recent analyst rating on (KPLT) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Katapult Holdings stock, see the KPLT Stock Forecast page.

Spark’s Take on KPLT Stock

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

Katapult Holdings is under significant financial pressure with high leverage, negative earnings, and strained cash flows. Despite some positive momentum from its app marketplace strategy and growth in gross originations, these are overshadowed by financial instability and negative profitability metrics. The technical outlook is bearish, and valuation does not present a compelling case due to negative earnings and no dividend yield. The overall picture suggests caution for potential investors.

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

More about Katapult Holdings

Katapult Holdings, Inc. operates in the financial services industry, focusing on providing innovative lease-purchase solutions for consumers and retailers. The company aims to offer flexible payment options to customers who may not have access to traditional credit products.

Average Trading Volume: 37,267

Technical Sentiment Signal: Sell

Current Market Cap: $42.49M

For an in-depth examination of KPLT stock, go to TipRanks’ Stock Analysis page.