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Wag! Group ( (PET) ) has issued an update.
On July 21, 2025, Wag! Group Co. announced a comprehensive restructuring plan through a voluntary, pre-packaged Chapter 11 bankruptcy process, aiming to reduce debt and transition ownership to its primary secured lender, Retriever LLC. The plan, which has already been accepted by Retriever, is expected to be implemented swiftly, allowing Wag! to emerge from Chapter 11 within approximately 40 days, with continued operations and a focus on long-term growth under private ownership.
The most recent analyst rating on (PET) stock is a Buy with a $1.50 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 Underperform.
Wag! Group’s overall stock score is heavily influenced by its poor financial performance, weak technical indicators, and negative corporate events. Despite some improvements in cost management, the company’s financial instability and potential bankruptcy risks are major concerns.
To see Spark’s full report on PET stock, click here.
More about Wag! Group
Wag! Group Co. is a company focused on addressing the service, product, and wellness needs of modern U.S. pet households. It offers services such as on-demand dog walking, pet insurance comparison, pet food reviews, and pet content through various platforms.
Average Trading Volume: 9,811,925
Technical Sentiment Signal: Sell
Current Market Cap: $6.49M
For detailed information about PET stock, go to TipRanks’ Stock Analysis page.