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Tucows Extends Credit Agreement with Bank of Montreal

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Tucows Extends Credit Agreement with Bank of Montreal

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The latest announcement is out from Tucows ( (TCX) ).

On September 8, 2025, Tucows Inc. and its subsidiaries entered into a one-year Extension Agreement with the Bank of Montreal, extending their existing Credit Agreement until September 22, 2027. The agreement maintains the revolving credit facility terms, including a $240 million commitment and the potential for a $60 million increase, while amending certain definitions related to financial covenants.

The most recent analyst rating on (TCX) stock is a Hold with a $18.50 price target. To see the full list of analyst forecasts on Tucows stock, see the TCX Stock Forecast page.

Spark’s Take on TCX Stock

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

Tucows’ overall stock score is primarily impacted by its financial performance challenges, including negative profitability margins and high leverage. The earnings call provided some positive insights with strong revenue growth and strategic debt reduction, but these are offset by ongoing issues in certain business segments. Technical analysis and valuation also suggest caution, with mixed signals and a negative P/E ratio.

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

More about Tucows

Tucows Inc. operates in the internet services industry, offering domain registration, mobile services, and internet services through its subsidiaries such as Tucows.com Co., Ting Inc., and Wavelo, Inc.

Average Trading Volume: 25,271

Technical Sentiment Signal: Strong Sell

Current Market Cap: $192.5M

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

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