Sezzle Inc.

Sezzle entered into revised agreements with WebBank that expand the bank partnership program to include SezzleCash (cash advances) and Sezzle Send. WebBank will originate, fund and initially hold on its balance sheet loans for these products of up to $30 million (with a discretionary increase to up to $150 million). The covenants were tightened, including raising required tangible net worth from $12 million to $100 million, and new termination triggers were added for certain judgments and breaches. The term and the material economic terms for existing products remain essentially unchanged through Sept. 27, 2029, and Sezzle will continue to service the loans. » More on de.investing.com

Sezzle shares are recovering in premarket trading after TD Cowen upgraded the stock from Hold to Buy with a $165 price target. The upgrade follows strong Q2 results (revenue +51% to $149.7m; adjusted EPS $1.13), which had been followed by an almost 34% share decline due to tempered growth expectations for the second half. B. Riley raised its price target to $172, management increased adjusted full‑year 2026 profit to $185m and raised the EPS outlook to $5.25; new products such as SezzleCash and Sezzle Send were introduced. Investors remain cautious about credit risks and the sustainability of BNPL growth, while the stock trades well below its 52‑week high. » More on de.investing.com

Sezzle reported Q2 revenue up 51.7% year over year to $149.7 million, net income of $40.8 million and active subscribers up 76.4%, and raised full-year revenue guidance to 35% growth and adjusted EPS to $5.25. The stock fell about 33.9% after investors focused on the implied slower second-half pace (around 31% growth) versus the headline quarterly rate and a valuation repricing. At the post‑drop price the shares trade nearer 22x guided adjusted earnings versus roughly 34x before the decline. » More on finance.yahoo.com