Pattern Group Inc. (PTRN)

NASDAQ: PTRN · Real-Time Price · USD
17.09
-1.10 (-6.05%)
At close: Nov 7, 2025, 4:00 PM EST
17.20
+0.11 (0.64%)
After-hours: Nov 7, 2025, 7:59 PM EST
-6.05%
Market Cap3.01B
Revenue (ttm)2.29B
Net Income (ttm)-173.67M
Shares Out 176.12M
EPS (ttm)-0.99
PE Ration/a
Forward PE32.40
Dividendn/a
Ex-Dividend Daten/a
Volume1,032,695
Open17.75
Previous Close18.19
Day's Range15.81 - 18.00
52-Week Range12.00 - 20.10
Betan/a
AnalystsStrong Buy
Price Target19.89 (+16.38%)
Earnings DateNov 5, 2025

About PTRN

Pattern Group Inc. accelerates various brands on ecommerce marketplaces using proprietary technology and AI. It 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. [Read more]

Sector Technology
IPO Date Sep 19, 2025
Employees 1,800
Stock Exchange NASDAQ
Ticker Symbol PTRN
Full Company Profile

Financial Performance

In 2024, Pattern Group's revenue was $1.80 billion, an increase of 31.45% compared to the previous year's $1.37 billion. Earnings were $42.49 million, an increase of 114.27%.

Financial numbers in USD Financial Statements

Analyst Summary

According to 10 analysts, the average rating for PTRN stock is "Strong Buy." The 12-month stock price target is $19.89, which is an increase of 16.38% from the latest price.

Price Target
$19.89
(16.38% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Pattern Group Inc. (PTRN) Q3 2025 Earnings Call Transcript

Pattern Group Inc. ( PTRN) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Hamish Chung David Wright - Co-Founder, President, CEO & Chairman Jason Beesley - Chief Financial Of...

3 hours ago - Seeking Alpha

Pattern Reports Third Quarter 2025 Financial Results

LEHI, Utah--(BUSINESS WIRE)--Pattern reports third quarter 2025 financial results, delivering record revenue of $640 million, up 46% year-over-year.

2 days ago - Business Wire

Pattern Group: Solid Tech Moat And Strong Secular Tailwinds

Pattern Group is well-positioned to capitalize on the rapid growth of global e-commerce marketplaces, leveraging its proprietary EXP platform. PTRN's data-driven moat, strong partner retention, and di...

22 days ago - Seeking Alpha

Pattern to Report Third Quarter 2025 Financial Results on November 5th, 2025

LEHI, Utah--(BUSINESS WIRE)--Pattern Group Inc. (Nasdaq: PTRN) (“Pattern”), a leader in accelerating brands on global ecommerce marketplaces leveraging proprietary technology and AI, announced today t...

4 weeks ago - Business Wire

Pattern Launches Free GEO Scorecard to Show Ecommerce Brands How They Rank Against Competitors on LLM Engines

LEHI, Utah--(BUSINESS WIRE)--Pattern launched a free GEO Scorecard tool showing brands how ChatGPT ranks them.

5 weeks ago - Business Wire

Pattern Announces Closing of Initial Public Offering

LEHI, Utah--(BUSINESS WIRE)--Pattern Group Inc. (Nasdaq: PTRN) (“Pattern”), a leader in accelerating brands on global ecommerce marketplaces leveraging proprietary technology and AI, announced today t...

6 weeks ago - Business Wire

U.S. IPO Weekly Recap: Large Listings Continue To Draw Interest In 6 IPO Week, As Pipeline Grows

Six IPOs debuted this week, raising a combined $2.7 billion; ten IPOs and six SPACs submitted initial filings. The IPO market is taking a breather, with no deals currently scheduled for the week ahead...

7 weeks ago - Seeking Alpha

Amazon Reseller Pattern Valued at $2.5 Billion in IPO

Amazon reseller Pattern reportedly raised $300 million Friday (Sept. 19) in its initial public offering and saw its shares close up 11%.

7 weeks ago - PYMNTS

E-commerce firm Pattern valued at $2.38 billion as shares fall in Nasdaq debut

Pattern Group's shares fell nearly 3.6% in their Nasdaq debut on Friday, valuing the e-commerce firm at $2.38 billion.

7 weeks ago - Reuters

Top Amazon reseller Pattern opens at $13.50 in Nasdaq debut after IPO raised $300 million

Pattern made its debut on the Nasdaq on Friday after raising $300 million for the company and its investors in an IPO. The Utah-based company is one of the top sellers on Amazon's third-party marketpl...

7 weeks ago - CNBC

Pattern CEO David Wright on IPO debut

Pattern CEO David Wright joins 'Squawk Box' to discuss the origins of the company, going public on the Nasdaq, company growth outlook, and more.

7 weeks ago - CNBC Television

E-commerce firm Pattern, shareholders raise $300 million in US IPO

Pattern and its existing shareholders raised $300 million in its U.S. initial public offering on Thursday, after the e-commerce firm priced its shares within the marketed range.

7 weeks ago - Reuters

Pattern Announces Pricing of Initial Public Offering

LEHI, Utah--(BUSINESS WIRE)--Pattern Group Inc. (“Pattern”), a leader in accelerating brands on global ecommerce marketplaces leveraging proprietary technology and AI, today announced the pricing of i...

7 weeks ago - Business Wire

Pattern Announces Launch of Initial Public Offering

LEHI, Utah--(BUSINESS WIRE)--Pattern Group Inc. today announced that it has launched the roadshow for its proposed initial public offering of Series A common stock.

2 months ago - Business Wire

Pattern Group Goes For US IPO On Strong Financial Results

Pattern Group is growing rapidly and profitably, and seeks a US IPO that will likely be in excess of $100 million. The company's platform accelerates brand ecommerce on marketplaces like Amazon, but 8...

2 months ago - Seeking Alpha

E-commerce firm Pattern reveals 35% revenue surge in US IPO filing

Pattern Group recorded a 35% jump in revenue in the first half of 2025, the e-commerce firm revealed on Friday in its U.S. initial public offering paperwork.

2 months ago - Reuters

Pattern Files Registration Statement for Proposed Initial Public Offering

LEHI, Utah--(BUSINESS WIRE)--Pattern Group Inc. (“Pattern”), a leader in accelerating brands on global ecommerce marketplaces leveraging proprietary technology and AI, today announced that it has file...

2 months ago - Business Wire

Pattern Group IPO Registration Document (S-1)

Pattern Group has filed to go public with an IPO on the NASDAQ.

2 months ago - SEC