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Vroom, Inc. Increases Credit Facility to $35 Million

Story Highlights
  • Vroom, Inc. amended its credit agreement, raising the facility amount to $35 million.
  • The amendment enhances Vroom’s borrowing capacity, with no funds drawn as of September 30, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vroom, Inc. Increases Credit Facility to $35 Million

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Vroom, Inc. ( (VRM) ) has issued an announcement.

On October 9, 2025, Vroom, Inc., along with United Auto Credit Corporation and Darkwater Funding LLC, amended their existing credit agreement with Mudrick Capital Management, increasing the maximum facility amount from $25 million to $35 million, effective September 30, 2025. This amendment, which did not alter other terms of the agreement, signifies an enhanced borrowing capacity for Vroom, although no funds have been drawn from the facility as of the effective date.

The most recent analyst rating on (VRM) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Vroom, Inc. stock, see the VRM Stock Forecast page.

Spark’s Take on VRM Stock

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

Vroom, Inc.’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and high leverage. While technical indicators show some positive momentum, the negative valuation metrics and lack of profitability weigh heavily. The recent corporate event involving convertible notes is a positive strategic move, but it is not enough to offset the financial challenges.

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

More about Vroom, Inc.

Vroom, Inc. operates in the automotive industry, focusing on providing online car buying and selling services. It is involved in the financing sector through its subsidiary United Auto Credit Corporation and indirect subsidiary Darkwater Funding LLC.

Average Trading Volume: 4,103

Technical Sentiment Signal: Strong Sell

Current Market Cap: $135.6M

See more insights into VRM stock on TipRanks’ Stock Analysis page.

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