tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pitney Bowes Issues Form 8-K on Financial Obligations

Story Highlights
Pitney Bowes Issues Form 8-K on Financial Obligations

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Pitney Bowes ( (PBI) ) is now available.

Pitney Bowes has issued a Current Report on Form 8-K, which includes forward-looking statements about the company’s future cash flows and capital allocation strategies. These statements are subject to risks and uncertainties that could cause actual results to differ materially, as outlined in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

The most recent analyst rating on (PBI) stock is a Hold with a $11.00 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 is driven by financial challenges, including declining revenues and high leverage, which weigh heavily on the score. Technical indicators suggest a lack of strong momentum, while valuation metrics are moderate. The earnings call and corporate events provide some positive outlooks, particularly with strategic initiatives and leadership changes, but are not enough to offset the financial concerns.

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

More about Pitney Bowes

Average Trading Volume: 3,159,002

Technical Sentiment Signal: Buy

Current Market Cap: $2.09B

See more data about PBI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1