PetMed Express Delays Quarterly Report Filing

Petmed Express ( (PETS) ) has released a notification of late filing.

PetMed Express, Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the period ending June 30, 2025. The delay is primarily due to the need for additional time for the Audit Committee to complete an ongoing investigation, which is crucial for finalizing the company’s Form 10-K (Yearly Report) for the fiscal year ended March 31, 2025. The company anticipates filing the delayed reports as soon as the investigation is complete, although no specific timeline has been provided. PetMed Express has indicated that significant changes in financial results are expected, but a reasonable estimate cannot be made at this time due to the ongoing investigation. The company is committed to resolving these issues promptly and ensuring compliance, as evidenced by the signature of Robert Lawsky, General Counsel, on the notification.

The most recent analyst rating on (PETS) stock is a Sell with a $3.50 price target. To see the full list of analyst forecasts on Petmed Express stock, see the PETS Stock Forecast page.

Spark’s Take on PETS Stock

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

Petmed Express shows a mixed financial performance with strong balance sheet stability but weak profitability and inconsistent cash flow. Technical analysis indicates a bearish trend with oversold conditions, while valuation metrics suggest the stock may be overvalued. The earnings call highlights progress in profitability and strategic investments, but challenges remain in sales and competitive pressures. Overall, the stock score reflects these combined factors, indicating moderate potential with significant risks.

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

More about Petmed Express

Average Trading Volume: 142,293

Technical Sentiment Signal: Sell

Current Market Cap: $63.21M

See more insights into PETS stock on TipRanks’ Stock Analysis page.