Zacks cuts PRA Group stock rating to Hold with USD 26.00 consensus

Published on 10/15/2026 at 19:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PRA Group revenue reached USD 372.17 million in the second quarter. PRA Group stock costs EUR 17.60 on October 15, 2026, down 0.25 percent on Nasdaq.

Rating and reporting date

Zacks Research moved PRA Group to Hold in a note dated October 8, 2026.
PRA Group revenue rose 29.00 percent to USD 372.17 million in the second quarter of 2026.
PRA Group stock traded at EUR 17.60 at Lang & Schwarz on October 15, 2026 at 7:06 p.m. CEST.
PRA Group will publish third-quarter 2026 results on November 5, 2026.

PRAA, US69354N1063, Illustration mit AI erstellt.

Zacks Research cut PRA Group's rating to Hold on October 8, 2026, according to MarketBeat. The report also cited a USD 26.00 average analyst target and a consensus Hold rating. PRA Group carries ISIN US69354N1063. At Lang & Schwarz, the euro quote was EUR 17.60 on October 15, 2026 at 7:06 p.m. CEST.

Second-quarter revenue reached USD 372.17 million

The latest reported operating figures remain the clearest counterweight to the rating change. PRA Group generated USD 372.17 million of revenue in the second quarter of 2026, up 29.00 percent from the year-earlier period, while diluted earnings per share reached USD 1.51 versus a USD 0.52 consensus estimate, according to MarketBeat. The comparison is material because revenue exceeded the cited estimate by USD 72.18 million.

A separate results account from ScanX News put second-quarter cash collections at USD 559 million, 4.00 percent above the year-earlier period. Estimated remaining collections reached USD 8.90 billion at quarter-end, up 7.00 percent.

Nasdaq price remains below the yearly high

The Nasdaq quote was USD 19.76 on October 15, 2026 at 1:12 p.m. ET, down 0.25 percent from the prior close. The same quote showed a 52-week range of USD 10.25 to USD 22.55, leaving the stock USD 2.79, or 12.37 percent, below its yearly high. Trading volume was 86,309 shares against an average of 411,770 shares.

Valuation and November 5 results

PRA Group's market capitalization was USD 743.9 million on October 15, 2026, and its trailing P/E ratio was minus 2.94. The company lists its primary exchange as Nasdaq. Its investor-relations page states that third-quarter 2026 results will be released after the market close on November 5, 2026, as reported by PRA Group.

Comparison with peers

PRAA (Nasdaq, USD): minus 0.25 percent, P/E minus 2.94, market capitalization USD 743.9 million
Encore Capital Group (Nasdaq, USD): plus 1.07 percent, P/E 7.73, market capitalization USD 2.2 billion
Credit Acceptance (Nasdaq, USD): plus 2.79 percent, P/E 12.03, market capitalization USD 5.7 billion

What the next report can clarify

The November 5 results date gives investors a defined checkpoint for collections, earnings and capital allocation. The current numbers show a wide gap between strong second-quarter revenue growth and a negative trailing P/E ratio, while the USD 26.00 consensus target remains materially above the Nasdaq quote. The rating change and the coming results therefore frame two separate signals: improved operating scale and continued scrutiny of profitability.

Market context: Market report Nasdaq Composite.