Katapult Holdings Secures Waiver to Cure Loan Default

An update from Katapult Holdings ( (KPLT) ) is now available.

On January 15, 2026, Katapult Holdings, Inc. entered into a Seventh Limited Waiver to its Amended and Restated Loan and Security Agreement with Midtown Madison Management LLC and other lenders after the company and its related credit parties failed to maintain the required minimum trailing three-month net originations as of December 31, 2025. The new waiver permanently cures this existing default under the loan agreement, offering Katapult continued access to its financing arrangements and temporarily stabilizing its lending relationships despite recent underperformance against covenant benchmarks.

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’ overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. Despite positive growth signals from the earnings call and recent capital investment, the company’s high leverage and financial instability pose significant risks. Technical indicators also suggest bearish momentum, further weighing down the score.

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

More about Katapult Holdings

Katapult Holdings, Inc. operates in the financial services/fintech sector, providing point-of-sale lease-purchase financing solutions through special purpose entities such as Katapult SPV-1 LLC and Katapult Group, Inc., and relies on loan and security agreements with institutional lenders to fund its operations.

Average Trading Volume: 433,403

Technical Sentiment Signal: Sell

Current Market Cap: $32.76M

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