PROS Holdings Issues Convertible Senior Notes for Flexibility

An update from PROS Holdings ( (PRO) ) is now available.

On June 24, 2025, PROS Holdings, Inc. issued $235 million in Convertible Senior Notes due 2030, under an indenture with Wilmington Trust, National Association. The notes, which bear an interest rate of 2.50% per year, are convertible into cash, shares of the company’s common stock, or a combination thereof. This issuance, conducted under exemptions from the Securities Act, aims to provide financial flexibility and reduce potential stock dilution through capped call transactions. Additionally, an amendment to the company’s existing Credit Agreement was made to accommodate this issuance, reflecting strategic financial adjustments that could impact stakeholders by potentially enhancing the company’s market position and operational capabilities.

The most recent analyst rating on (PRO) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on PROS Holdings stock, see the PRO Stock Forecast page.

Spark’s Take on PRO Stock

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

The overall stock score reflects a mixed view. Strengths include robust revenue growth and positive sentiment from the recent earnings call and CEO appointment. However, these are offset by significant challenges in profitability, valuation concerns due to negative earnings, and bearish technical indicators.

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

More about PROS Holdings

PROS Holdings, Inc. operates in the technology industry, providing software solutions that enhance sales and pricing strategies for businesses. The company focuses on offering advanced pricing and revenue management solutions, primarily targeting sectors such as travel, retail, and manufacturing.

Average Trading Volume: 712,323

Technical Sentiment Signal: Sell

Current Market Cap: $673.8M

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