Katapult (NASDAQ:KPLT) Announces Earnings Results

Katapult (NASDAQ:KPLT) issued its earnings results on Wednesday. The company reported ($0.94) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.72), FiscalAI reports. The business had revenue of $74.04 million for the quarter, compared to the consensus estimate of $74.55 million. Katapult updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Katapult Stock Performance

Shares of NASDAQ:KPLT opened at $6.30 on Thursday. The company has a market capitalization of $28.79 million, a PE ratio of -0.90 and a beta of 1.72. The company has a fifty day moving average of $14.61 and a 200-day moving average of $11.76. Katapult has a 52-week low of $5.08 and a 52-week high of $24.34.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on KPLT shares. Stephens raised their price target on Katapult from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Katapult in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $10.00.

Hedge Funds Weigh In On Katapult

A hedge fund recently raised its stake in Katapult stock. Vanguard Group Inc. increased its position in Katapult Holdings, Inc. (NASDAQ:KPLT) by 6.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,054 shares of the company’s stock after buying an additional 7,586 shares during the period. Vanguard Group Inc. owned 2.87% of Katapult worth $1,567,000 at the end of the most recent reporting period. 26.81% of the stock is owned by institutional investors.

About Katapult

Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.