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Katapult Holdings Secures Waiver Amid Loan Agreement Default

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Katapult Holdings Secures Waiver Amid Loan Agreement Default

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An update from Katapult Holdings ( (KPLT) ) is now available.

On October 13, 2025, Katapult Holdings entered into a Third Limited Waiver to their Loan and Security Agreement due to failing to maintain required minimum originations for August and September 2025. This waiver temporarily addresses the default until October 20, 2025, allowing Class B Lenders the right to convert outstanding loan amounts into company stock, potentially impacting the company’s financial structure.

The most recent analyst rating on (KPLT) stock is a Hold with a $14.50 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 and negative valuation metrics. While the earnings call provided some positive insights into growth and operational improvements, the technical indicators suggest bearish momentum, and the lack of profitability remains a significant concern.

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

More about Katapult Holdings

Katapult Holdings, Inc. operates in the financial services industry, focusing on providing lease-to-own solutions for consumers and retailers. The company primarily offers innovative payment options to help customers access essential goods while supporting retail partners in expanding their market reach.

Average Trading Volume: 71,881

Technical Sentiment Signal: Buy

Current Market Cap: $65.8M

For a thorough assessment of KPLT stock, go to TipRanks’ Stock Analysis page.

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