Katapult Holdings Secures Waiver to Maintain Loan Agreement

Katapult Holdings ( (KPLT) ) just unveiled an announcement.

On February 13, 2026, Katapult Holdings, Inc. entered into an Eighth Limited Waiver to its Amended and Restated Loan and Security Agreement after its credit parties failed to maintain the required minimum trailing three‑month net originations as of January 31, 2026. The new waiver, which follows a series of prior limited waivers and amendments since September 2025, permanently waives this specific default, temporarily stabilizing Katapult’s standing with its lenders and helping preserve access to its key funding facility despite performance shortfalls.

The most recent analyst rating on (KPLT) stock is a Sell with a $6.00 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.

The score is held down primarily by weak financial fundamentals (negative profitability, negative operating/free cash flow, and a highly leveraged balance sheet with negative equity). The latest earnings call provides an offset with improving growth and positive adjusted EBITDA plus continued growth guidance, while technicals are neutral-to-weak and valuation is constrained by losses and no dividend support.

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

More about Katapult Holdings

Katapult Holdings, Inc. operates in the financial services and consumer credit industry, structuring its business through entities including Katapult SPV-1 LLC and Katapult Group, Inc. The company finances customer originations under a Loan and Security Agreement with a lender group led by Midtown Madison Management LLC, reflecting a reliance on secured credit facilities to support its operations.

Average Trading Volume: 408,670

Technical Sentiment Signal: Sell

Current Market Cap: $30.97M

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