PROS Holdings Swaps Convertible Notes in Strategic Move

The latest announcement is out from PROS Holdings ( (PRO) ).

On June 12, 2025, PROS Holdings, Inc. entered into exchange agreements with institutional buyers to swap $186.9 million of its 2027 Convertible Senior Notes for $185 million of newly issued 2030 Notes, alongside cash for accrued interest. The 2030 Notes, maturing in July 2030, offer a 2.50% interest rate and are convertible into cash or stock. Additionally, PROS entered a Securities Purchase Agreement to sell $50 million of 2030 Notes to investors, with proceeds intended for capped calls and general corporate purposes. These financial maneuvers, including capped call transactions, aim to manage stock dilution and stabilize market impacts, potentially affecting the company’s stock price and stakeholder interests.

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.

PROS Holdings demonstrates strong operational performance and strategic leadership changes, offset by valuation concerns and financial leverage. The positive earnings call and corporate events highlight potential growth, but profitability challenges and macroeconomic uncertainties remain.

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

More about PROS Holdings

PROS Holdings, Inc. is a leading provider of AI-powered SaaS pricing and selling solutions. The company leverages its expertise in revenue and pricing science through the PROS Platform, which combines predictive AI, real-time analytics, and automation to enhance revenue growth and maximize profit. PROS offers solutions in pricing, revenue management, offer marketing, and CPQ, helping businesses optimize transactions across various channels.

Average Trading Volume: 555,899

Technical Sentiment Signal: Sell

Current Market Cap: $914.5M

Learn more about PRO stock on TipRanks’ Stock Analysis page.