Oportun Financial Corporation (NASDAQ:OPRT) Stock Has Consensus Price Target of $7.33

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have received an average rating of “Hold” from the five analysts that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $7.33.

A number of research firms have commented on OPRT. Stephens raised their price objective on Oportun Financial from $7.00 to $8.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Weiss Ratings raised Oportun Financial from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, September 16th. Finally, Wall Street Zen raised Oportun Financial from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 8th.

Oportun Financial Trading Down 2.1%

OPRT stock opened at $8.30 on Friday. The business’s 50 day simple moving average is $7.18 and its 200 day simple moving average is $5.93. Oportun Financial has a 1-year low of $4.03 and a 1-year high of $8.55. The firm has a market capitalization of $381.72 million, a PE ratio of 20.75 and a beta of 1.24.

Oportun Financial (NASDAQ:OPRT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.09. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. The firm had revenue of $233.23 million during the quarter, compared to the consensus estimate of $230.68 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, sell-side analysts predict that Oportun Financial will post 1.32 EPS for the current fiscal year.

Insider Activity

In related news, insider Kathleen Layton sold 4,223 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $7.80, for a total transaction of $32,939.40. Following the completion of the transaction, the insider directly owned 292,006 shares in the company, valued at $2,277,646.80. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 7,082 shares of company stock worth $55,240. Insiders own 1.60% of the company’s stock.

Institutional Trading of Oportun Financial

Hedge funds and other institutional investors have recently modified their holdings of the stock. Squarepoint Ops LLC bought a new position in shares of Oportun Financial in the 2nd quarter valued at $112,000. AXQ Capital LP bought a new stake in Oportun Financial during the 2nd quarter worth $78,000. Empowered Funds LLC acquired a new position in Oportun Financial in the 2nd quarter worth about $1,162,000. Bank of America Corp DE acquired a new position in Oportun Financial in the 2nd quarter worth about $840,000. Finally, Man Group plc bought a new position in Oportun Financial in the second quarter valued at about $545,000. Institutional investors own 82.70% of the company’s stock.

About Oportun Financial

Oportun Financial Corporation is a financial technology company that provides credit and other financial services to consumers who may have limited access to traditional banking products. The company focuses on using technology and data-driven underwriting to offer more accessible and affordable financial solutions.

Oportun’s products have included unsecured personal loans, credit cards and savings services. Its personal loans are designed to provide borrowers with installment financing for needs such as debt consolidation, home expenses and unexpected costs.