Pattern Group Inc. (PTRN)Technology | Software - Application | Lehi, United States | NasdaqGS
28.44 USD
-0.51
(-1.762%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 28.02 -0.42 (-0.420%) ⇩ (July 13, 2026, 7:45 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:29 a.m. EDT
The immediate outlook is driven by a stark divergence between speculative positioning and corporate reality. While the options chain screams bullishness—particularly the heavy accumulation of deep-in-the-money calls expiring in September—the company is simultaneously executing a secondary stock offering that dilutes existing equity. This capital raise, priced around $19, suggests management believes the current market price is insufficient to fund operations or growth, yet the stock has rallied significantly since that level. The fundamental picture remains deeply flawed: the company is unprofitable with negative trailing EPS, generating minimal free cash flow relative to its size, and trading at a premium valuation despite a lack of sustained earnings growth. The recent price surge appears to be a speculative reaction to the options flow rather than a correction of the deteriorating business fundamentals. Investors should view the rally with caution, as the dilution from the offering and the persistent lack of profitability weigh heavily on the long-term thesis. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.379422 |
| AutoTheta | 0.384441 |
| AutoETS | 0.384497 |
| AutoARIMA | 0.385100 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 7.53 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.592 |
| Excess Kurtosis | -0.31 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 5.096 |
| Revenue per Share | 20.025 |
| Market Cap | 5,644,456,960 |
| Forward P/E | 39.48 |
| Profit Margins | 0.83% |
| Website | https://www.pattern.com |
As of July 11, 2026, 6:29 a.m. EDT: Speculators are overwhelmingly bullish on the immediate horizon, evidenced by massive open interest in deep-in-the-money calls (strikes 7.5 and 10.0) expiring in September, suggesting a belief in a significant gap up or recovery. Conversely, put activity is virtually non-existent across all expirations, indicating a lack of hedging against downside risk. However, the presence of a secondary stock offering diluting shareholders creates a ceiling on upside potential, creating a tension between the aggressive call positioning and the fundamental dilution.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.8522073 |
| Address1 | 1,441 West Innovation Way |
| Address2 | Suite 500 |
| All Time High | 29.63 |
| All Time Low | 8.92 |
| Ask | 36.35 |
| Ask Size | 2 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 3,207,090 |
| Average Daily Volume3 Month | 1,810,465 |
| Average Volume | 1,810,465 |
| Average Volume10Days | 3,207,090 |
| Bid | 20.88 |
| Bid Size | 2 |
| Book Value | 3.452 |
| City | Lehi |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 28.44 |
| Current Ratio | 2.451 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 29.5166 |
| Day Low | 28.12 |
| Debt To Equity | 5.096 |
| Display Name | Pattern |
| Earnings Call Timestamp End | 1,785,960,000 |
| Earnings Call Timestamp Start | 1,785,960,000 |
| Earnings Growth | -0.059 |
| Earnings Quarterly Growth | 0.281 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 53,742,000 |
| Ebitda Margins | 0.019650001 |
| Enterprise To Ebitda | 87.77 |
| Enterprise To Revenue | 1.725 |
| Enterprise Value | 4,716,920,320 |
| Eps Current Year | 0.5561 |
| Eps Forward | 0.72032 |
| Eps Trailing Twelve Months | -0.8 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.9846 |
| Fifty Day Average Change | 8.4554 |
| Fifty Day Average Change Percent | 0.4230958 |
| Fifty Two Week Change Percent | 85.22073 |
| Fifty Two Week High | 29.63 |
| Fifty Two Week High Change | -1.1899986 |
| Fifty Two Week High Change Percent | -0.040161952 |
| Fifty Two Week Low | 8.92 |
| Fifty Two Week Low Change | 19.52 |
| Fifty Two Week Low Change Percent | 2.188341 |
| Fifty Two Week Range | 8.92 - 29.63 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,758,288,600,000 |
| Float Shares | 45,587,233 |
| Forward Eps | 0.72032 |
| Forward P E | 39.482452 |
| Free Cashflow | 90,069,248 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,300 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.43694 |
| Gross Profits | 1,194,872,960 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.67420995 |
| Held Percent Institutions | 0.34833 |
| Implied Shares Outstanding | 198,468,941 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,025-09-19 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Pattern Group Inc. operates as an e-commerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and internationally. The company acquires inventory from brand partners to sell to consumers in various industries, including health and wellness; beauty and personal care; home and lifestyle; pet; sports and outdoors; and consumer electronics. The company was formerly known as Covalent Group, Inc. and changed its name to Pattern Group Inc. in November 2024. Pattern Group Inc. was incorporated in 2018 and is headquartered in Lehi, Utah. |
| Long Name | Pattern Group Inc. |
| Market | us_market |
| Market Cap | 5,644,456,960 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_206356509 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -143,040,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,117,388,176 |
| Number Of Analyst Opinions | 8 |
| Open | 29.1 |
| Operating Cashflow | 123,587,000 |
| Operating Margins | 0.05114 |
| Payout Ratio | 0.0 |
| Phone | 866 765 1355 |
| Post Market Change | -0.42000008 |
| Post Market Change Percent | -1.4767935 |
| Post Market Price | 28.02 |
| Post Market Time | 1,783,986,339 |
| Previous Close | 28.95 |
| Price Eps Current Year | 51.14188 |
| Price Hint | 2 |
| Price To Book | 8.238703 |
| Price To Sales Trailing12 Months | 2.0640614 |
| Profit Margins | 0.00829 |
| Quick Ratio | 1.473 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.22222 |
| Region | US |
| Regular Market Change | -0.51 |
| Regular Market Change Percent | -1.76166 |
| Regular Market Day High | 29.5166 |
| Regular Market Day Low | 28.12 |
| Regular Market Day Range | 28.12 - 29.5166 |
| Regular Market Open | 29.1 |
| Regular Market Previous Close | 28.95 |
| Regular Market Price | 28.44 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,156,365 |
| Return On Assets | 0.02717 |
| Return On Equity | 0.04479 |
| Revenue Growth | 0.432 |
| Revenue Per Share | 20.025 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 155,063,921 |
| Shares Percent Shares Out | 0.024400001 |
| Shares Short | 4,321,456 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 2,009,497 |
| Short Name | Pattern Group Inc. - Series A |
| Short Percent Of Float | 0.0842 |
| Short Ratio | 1.7 |
| Source Interval | 15 |
| State | UT |
| Symbol | PTRN |
| Target High Price | 27.0 |
| Target Low Price | 19.0 |
| Target Mean Price | 22.875 |
| Target Median Price | 22.5 |
| Total Cash | 344,222,016 |
| Total Cash Per Share | 1.946 |
| Total Debt | 31,071,000 |
| Total Revenue | 2,734,636,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.8 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.05695 |
| Two Hundred Day Average Change | 13.383051 |
| Two Hundred Day Average Change Percent | 0.8888288 |
| Type Disp | Equity |
| Volume | 1,156,365 |
| Website | https://www.pattern.com |
| Zip | 84,043 |