Pattern Group Inc. Series A Common Stock

PTRN · NASDAQ

Market closed$28.11$-0.810000 (-2.80%)After hours $28.01 · -0.36%

Key statistics

Previous close$28.92
Open$28.19
Day high$28.97
Day low$27.85
52-week high$29.80
52-week low$8.92
Market cap4.36B
Volume1.84M
Average volume1.89M
P/E ratio-16.88
Forward P/E
EPS-1.67
Dividend yield0.00%

Market context

Why it moved

PTRN declined amid a broad market selloff driven by a sharp rotation out of technology and semiconductor stocks, fueled by growing concerns that AI spending momentum is slowing and that low-cost Chinese AI models could undermine pricing power across the sector.

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Pattern Group fell roughly 3% as the e-commerce accelerator faced a dual headwind: a recent Jefferies downgrade to Hold (July 14) citing stretched valuations after a ~150% YTD gain, and broader sector pressure from IBM's historic earnings miss, which has rattled software and application stocks all week. The Jefferies note flagged a ~100% valuation premium to the Internet sector on 2027 EV/EBITDA and warned that further outperformance depends on sustaining 30%-plus revenue growth as net revenue retention is expected to moderate from 127% in Q1 to 119% by Q4 2026.

-2.8008

July 17, 2026Pattern Group edged lower, closing near its 52-week high of $29.80, as a Jefferies downgrade from Buy to Hold — citing a ~150% year-to-date gain and a roughly 100% valuation premium to the Internet sector on 2027 EV/EBITDA — weighed on sentiment. The downgrade came despite Jefferies raising its price target to $30 from $21, and was compounded by broader software sector pressure following IBM's historic 25% plunge after flagging that clients are shifting IT budgets toward AI hardware infrastructure over software. In after-hours trading, shares ticked modestly higher to $29.07, supported by Pattern Group's strong fundamental backdrop including 43% Q1 revenue growth, a 127% Net Revenue Retention Rate, and ongoing analyst Buy consensus from firms including Goldman Sachs and JP Morgan.

-0.891

July 16, 2026Pattern Group shares rose nearly 4%, approaching their 52-week high, even as the broader software sector faced headwinds from IBM's historic earnings warning, which sparked fears about AI-driven budget reprioritization away from software. The stock's resilience comes despite a Jefferies downgrade to Hold (with a raised price target of $30 from $21), citing stretched valuations after a ~150% year-to-date gain and a roughly 100% valuation premium to the Internet sector on 2027 EV/EBITDA — with the firm noting further outperformance increasingly depends on sustaining 30%-plus revenue growth as net revenue retention is expected to moderate.

3.9174

July 15, 2026Pattern Group closed modestly lower as a Jefferies downgrade weighed on sentiment, even as the analyst raised its price target to $30 from $21 (up from a prior $21 Buy target), citing valuation after the stock's recent run-up. The downgrade comes alongside a Goldman Sachs price target hike to $27 (from $23) with a maintained Buy rating following Pattern Group's launch of Pattern Intelligence (Pi) at its eCommerce summit — highlighting a split view on Wall Street. The stock also faced broader software sector headwinds after IBM's shocking Q2 earnings miss triggered a sector-wide selloff, with investors reassessing software spending durability amid AI-driven hardware budget reprioritization.

-1.2658

July 14, 2026Pattern Group fell amid a broad market selloff triggered by renewed U.S.-Iran military tensions, which sent oil prices surging and weighed on tech and software stocks broadly. The decline came as the XLK technology ETF also slipped and the S&P 500 retreated roughly 0.3%, with investors rotating cautiously ahead of a pivotal Q2 earnings season. Despite the macro headwinds, Pattern Group retains strong analyst support—all six covering analysts rate it a Buy—following its blowout Q1 2026 results that included 43.2% revenue growth and a 127% Net Revenue Retention Rate, alongside the launch of its AI-powered Pattern Intelligence platform.

-1.7617

July 11, 2026Pattern Group Inc. closed modestly lower despite trading near its 52-week high, as the ecommerce marketplace software company faces overbought concerns flagged by momentum analysts. The company announced its Q2 2026 earnings call scheduled for August 5, drawing investor attention ahead of results, while after-hours activity saw shares rebound over 2% to $29.60, partially recovering the session's losses. Broader software sector headwinds — including geopolitical tensions tied to U.S.-Iran conflict and AI disruption fears weighing on SaaS names — provided a mixed backdrop for the recently public small-cap.

-1.5306

July 10, 2026Pattern Group Inc. surged roughly 6.5%, touching a new 52-week high, as investors responded to the company's announcement that it will report Q2 2026 earnings on August 5—its first major earnings event as a recently public company. The rally came amid a broader rotation back into software stocks, with chip stocks retreating and AI software names like Palantir rebounding, creating a favorable backdrop for newly listed application software plays. Some caution remains, as at least one analyst flagged Pattern as overbought in the consumer discretionary context, and shares edged slightly lower in after-hours trading.

6.4832

July 9, 2026Pattern Group Inc. shares fell amid a broad market risk-off session driven by President Trump declaring the U.S.-Iran ceasefire 'over,' which sent oil prices surging over 5% and rattled equity markets. Despite the macro headwinds, the application software space showed relative resilience versus semiconductors, and Pattern recovered in after-hours trading, gaining nearly 2%. Investors are also eyeing the company's scheduled August 5 Q2 earnings call and its recent inclusion in the Russell 2000 and Russell 3000 indexes, which could attract incremental institutional interest.

-2.4382

Business Wire · July 8, 2026Pattern to Report Second Quarter 2026 Financial ResultsInvesting.com · June 23, 2026Pattern Group added to Russell 3000 and Russell 2000 indexesInvesting.com · June 15, 2026Pattern Group stock tumbles on secondary offering announcementInvesting.com · June 15, 2026Pattern Group stockholder launches 8M share offeringBusiness Wire · May 6, 2026Pattern Reports Record First Quarter 2026 Financial Results
Benzinga · December 4, 2025Pattern Group shares are trading lower following a report from The Bear Cave.
Benzinga · December 4, 2025Pattern Group (PTRN) Stock Drops As Bear Cave Takes Aim: What To Know
Benzinga · December 4, 2025Watching Pattern Group; The Bear Cave Issues Report On Co Tilted "Problems at Pattern Group (PTRN)"
Mt Newswire · December 3, 2025Pattern Acquires Retail Media Platform ROI Hunter
Benzinga · December 3, 2025Pattern Group Acquires ROI Hunter a.s.; Financial Terms Not Disclosed
Mt Newswire · November 5, 2025-- GUIDANCE: (PTRN) Pattern Group Inc. Expects Q4 Revenue Range $680.0M - $700.0M
Mt Newswire · November 5, 2025-- Earnings Flash (PTRN) Pattern Group Inc. Reports Q3 Revenue $639.7M, vs. FactSet Est of $572.7M
Mt Newswire · October 14, 2025Pattern Group Delivers 'Best-In-Class' E-Commerce Acceleration Platform, KeyBanc Says

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