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The latest announcement is out from RideNow Group ( (RDNW) ).
On August 25, 2025, RideNow Group, Inc. issued unsecured subordinated promissory notes totaling $10 million to Stone House Capital Management, LLC, Face Canyon LLC, and Mark Tkach. The funds were used to prepay loans under the company’s Senior Credit Agreement. These notes bear a 13% interest rate and mature in 2028. Additionally, on August 28, 2025, the company amended and restated warrants, adjusting the exercise price and extending the expiration date to August 10, 2030.
The most recent analyst rating on (RDNW) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on RideNow Group stock, see the RDNW Stock Forecast page.
Spark’s Take on RDNW Stock
According to Spark, TipRanks’ AI Analyst, RDNW is a Neutral.
RideNow Group’s overall stock score reflects significant financial challenges, with declining revenue and high leverage as primary concerns. While technical indicators show some bullish momentum, the negative valuation metrics and mixed earnings call results highlight ongoing struggles. The company needs to address its financial and operational inefficiencies to improve its outlook.
To see Spark’s full report on RDNW stock, click here.
More about RideNow Group
Average Trading Volume: 780,773
Technical Sentiment Signal: Sell
Current Market Cap: $132.4M
For an in-depth examination of RDNW stock, go to TipRanks’ Overview page.