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Katapult Holdings ( (KPLT) ) has shared an update.
On November 3, 2025, Katapult Holdings, Inc. entered into agreements for the issuance of Series A and Series B Convertible Preferred Stock, raising $65 million in total. The proceeds were used to repay loans and for corporate purposes. The transactions allow the purchaser, HHCF Series 21 Sub, LLC, to potentially own 54.5% of the common stock upon conversion, subject to stockholder approval to remove ownership limitations. Additionally, the company amended its loan agreement, waiving defaults and adjusting financial covenants, which could stabilize its financial position.
The most recent analyst rating on (KPLT) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Katapult Holdings stock, see the KPLT Stock Forecast page.
Spark’s Take on KPLT Stock
According to Spark, TipRanks’ AI Analyst, KPLT is a Neutral.
Katapult Holdings’ overall stock score is primarily impacted by its financial instability, with negative profitability and high leverage being major concerns. Despite strong growth and positive sentiment from the earnings call, the technical indicators and valuation metrics suggest caution.
To see Spark’s full report on KPLT stock, click here.
More about Katapult Holdings
Average Trading Volume: 80,626
Technical Sentiment Signal: Sell
Current Market Cap: $52.05M
Find detailed analytics on KPLT stock on TipRanks’ Stock Analysis page.