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 announcement from PLBY Group ( (PLBY) ) is now available.
On August 22, 2025, Playboy, Inc. completed the conversion of its remaining Series B Convertible Preferred Stock into common stock, resulting in 12,439,730 new shares at a conversion price of $1.74448 per share. This move, which did not generate proceeds, eliminated all preferred stock and increased the common stock to 107,548,055 shares, reflecting the company’s strategy to streamline its balance sheet and reduce net debt by approximately $70 million over the past year. The conversion, completed at a premium to market prices, is expected to save $6.992 million in interest through 2027, aligning with the board’s view of the company’s undervalued share price and ongoing deleveraging efforts.
The most recent analyst rating on (PLBY) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on PLBY Group stock, see the PLBY Stock Forecast page.
Spark’s Take on PLBY Stock
According to Spark, TipRanks’ AI Analyst, PLBY is a Neutral.
PLBY Group’s overall stock score reflects significant financial challenges, with ongoing losses and high leverage being the most impactful risks. While the earnings call provided positive insights into revenue growth and strategic initiatives, the technical indicators and valuation remain weak. The company needs to focus on improving its financial stability to enhance its stock attractiveness.
To see Spark’s full report on PLBY stock, click here.
More about PLBY Group
Playboy, Inc. is a global pleasure and leisure company known for its iconic brand, offering products, content, and experiences aimed at enhancing consumer lifestyles. With a presence in approximately 180 countries, Playboy focuses on promoting a culture of pleasure, equality, and freedom of expression, building on over 70 years of media and hospitality innovation.
Average Trading Volume: 350,891
Technical Sentiment Signal: Buy
Current Market Cap: $161.7M
See more insights into PLBY stock on TipRanks’ Stock Analysis page.