Katapult(KPLT) ZACKS·2025-02-26 16:01Core Viewpoint - Katapult Holdings, Inc. (KPLT) has experienced a downtrend, losing 17.1% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging to counteract selling pressure [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, with reduced selling pressure, suggesting that bulls may be regaining control [2][4]. - A hammer pattern forms when there is a small candle body with a long lower wick, indicating that the stock opened lower, made a new low, but closed near or above the opening price, reflecting buying interest [3][4]. - This pattern can occur across various timeframes and is utilized by both short-term and long-term investors [4]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for KPLT, which is a bullish indicator, as it typically leads to price appreciation [6]. - The consensus EPS estimate for KPLT has increased by 11% over the last 30 days, indicating strong agreement among analysts regarding the company's potential for better earnings [7]. - KPLT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperform the market [8].