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Wag! Group ( (PET) ) has shared an update.
On July 8, 2025, Wag! Group Co. amended its financing agreement with Blue Torch Finance LLC and Retriever LLC, reducing the required liquidity covenant and imposing restrictions on liquidity usage. Despite ongoing negotiations with Retriever, the company has yet to secure a strategic transaction to meet its financial obligations, risking potential bankruptcy or asset liquidation if unresolved by August 2025.
The most recent analyst rating on (PET) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Wag! Group stock, see the PET Stock Forecast page.
Spark’s Take on PET Stock
According to Spark, TipRanks’ AI Analyst, PET is a Neutral.
The overall score is primarily impacted by weak financial performance due to declining revenue and high debt levels. Technical analysis shows some short-term strength, but valuation concerns persist with unprofitability. The earnings call reveals cost management improvements but ongoing revenue and profitability challenges.
To see Spark’s full report on PET stock, click here.
More about Wag! Group
Wag! Group Co. operates in the pet services industry, providing various services and solutions for pet owners. The company focuses on enhancing pet care experiences through innovative offerings and strategic partnerships.
Average Trading Volume: 9,208,022
Technical Sentiment Signal: Sell
Current Market Cap: $10.15M
For an in-depth examination of PET stock, go to TipRanks’ Overview page.