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Parkervision ( (PRKR) ) just unveiled an update.
On March 13, 2026, ParkerVision, Inc. entered into exchange agreements with certain holders of its outstanding convertible promissory notes, under which those holders agreed to swap the notes’ principal and accrued interest for common shares at an exchange price of $0.21 per share. The transaction was conducted under a registration exemption that applies to exchanges with existing security holders.
In connection with these exchanges on March 13, 2026, the company issued a total of 3,277,099 common shares in return for the cancellation of $675,000 in principal and approximately $13,200 in accrued and unpaid interest, extinguishing the exchanged notes in full. The move reduces ParkerVision’s outstanding debt while expanding its equity base, shifting obligations from noteholders into common stock ownership without paying commissions for the exchange.
The most recent analyst rating on (PRKR) stock is a Hold with a $0.22 price target. To see the full list of analyst forecasts on Parkervision stock, see the PRKR Stock Forecast page.
Spark’s Take on PRKR Stock
According to Spark, TipRanks’ AI Analyst, PRKR is a Neutral.
The score is held down primarily by very weak financial performance (persistent losses, negative equity, and continued cash burn). Technicals provide a meaningful offset due to an uptrend and positive momentum, while valuation remains challenged because the company is unprofitable (negative P/E) and no dividend support is indicated.
To see Spark’s full report on PRKR stock, click here.
More about Parkervision
ParkerVision, Inc. is a Florida-based company that issues common stock as part of its corporate financing activities. The company utilizes convertible promissory notes and equity exchanges to manage its capital structure and obligations to existing security holders.
Average Trading Volume: 116,390
Technical Sentiment Signal: Sell
Current Market Cap: $35.51M
For an in-depth examination of PRKR stock, go to TipRanks’ Overview page.