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Pitney Bowes Completes $230M Convertible Notes Offering

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Pitney Bowes Completes $230M Convertible Notes Offering

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Pitney Bowes ( (PBI) ) has provided an announcement.

On August 8, 2025, Pitney Bowes completed a $230 million offering of 1.50% Convertible Senior Notes due 2030, raising approximately $221.4 million after expenses. The company used part of the proceeds for capped call transactions to mitigate stock dilution and repurchased shares, with the remainder intended for strategic investments and debt management, potentially impacting its leverage and borrowing costs.

The most recent analyst rating on (PBI) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Pitney Bowes stock, see the PBI Stock Forecast page.

Spark’s Take on PBI Stock

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

Pitney Bowes’ overall stock score reflects significant financial challenges, including declining revenue and negative net income, which weigh heavily on the score. While technical indicators show some positive trends, valuation metrics suggest fair pricing, and recent corporate events provide a positive outlook. The earnings call presents a mixed sentiment, balancing positive strategic moves with revenue guidance concerns.

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

More about Pitney Bowes

Pitney Bowes Inc. operates in the technology and logistics industry, providing solutions for e-commerce, shipping, mailing, and financial services. The company focuses on enhancing operational efficiency and offering innovative solutions to its clients.

Average Trading Volume: 2,978,182

Technical Sentiment Signal: Buy

Current Market Cap: $1.92B

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

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