Flywire (NASDAQ:FLYW) Reaches New 12-Month High on Analyst Upgrade

Flywire Corporation (NASDAQ:FLYW) shares hit a new 52-week high during mid-day trading on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $20.00 to $23.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Flywire traded as high as $22.22 and last traded at $21.3580, with a volume of 2,355 shares changing hands. The stock had previously closed at $21.81.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley lifted their target price on shares of Flywire from $24.00 to $26.00 and gave the stock an “overweight” rating in a research note on Wednesday. B. Riley Financial restated a “buy” rating and set a $25.00 price target (up from $24.00) on shares of Flywire in a research report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and set a $25.00 price objective on shares of Flywire in a research report on Wednesday, September 30th. Zacks Research downgraded shares of Flywire from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Finally, UBS Group lifted their price objective on Flywire from $19.00 to $21.50 and gave the company a “neutral” rating in a research report on Wednesday. Seven analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Flywire currently has a consensus rating of “Hold” and a consensus target price of $21.73.

Insider Buying and Selling

In other news, insider David R. King sold 55,325 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $20.05, for a total value of $1,109,266.25. Following the transaction, the insider owned 147,079 shares in the company, valued at approximately $2,948,933.95. This represents a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Voss Capital, Lp sold 172,973 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $19.19, for a total transaction of $3,319,351.87. Following the completion of the transaction, the insider directly owned 369,168 shares in the company, valued at $7,084,333.92. This represents a 31.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 647,943 shares of company stock worth $12,339,607. 5.00% of the stock is owned by corporate insiders.

Key Stories Impacting Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Flywire reported Q3 adjusted EPS of $0.57, beating the $0.31 consensus, and revenue of $250.3 million versus expectations of about $233.3 million. Revenue grew 25.1% year over year. Flywire Q3 results
• Positive Sentiment: The company raised its 2026 FX-neutral revenue-growth guidance, excluding ancillary services, to 25%–27% and increased its adjusted EBITDA margin-growth outlook. Management also set a 25% adjusted EBITDA margin target for 2027, reinforcing the case for continued growth and profitability improvement. Flywire growth and margin outlook
• Positive Sentiment: Analysts raised price targets after the results. B. Riley increased its target to $25 and maintained a Buy rating; BTIG raised its target to $22 and named Flywire a small-cap top pick. B. Riley target update
• Neutral Sentiment: Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027. That points to ongoing expansion, but at a slower pace than the company’s 2026 outlook. Morgan Stanley outlook
• Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct holding by 27.33%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which may make it a less meaningful signal about his near-term view of the business. SEC Form 4 filing

Institutional Investors Weigh In On Flywire

A number of large investors have recently modified their holdings of FLYW. Wellington Management Group LLP raised its position in shares of Flywire by 1.2% during the second quarter. Wellington Management Group LLP now owns 5,340,579 shares of the company’s stock worth $93,834,000 after purchasing an additional 64,998 shares during the period. Jennison Associates LLC lifted its stake in Flywire by 19.9% in the first quarter. Jennison Associates LLC now owns 5,298,881 shares of the company’s stock valued at $61,679,000 after acquiring an additional 878,248 shares during the last quarter. Wasatch Advisors LP acquired a new position in shares of Flywire during the 2nd quarter valued at about $44,026,000. Dimensional Fund Advisors LP grew its holdings in Flywire by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,886,865 shares of the company’s stock valued at $21,962,000 after buying an additional 295,960 shares during the last quarter. Finally, One Way Holdings LLC raised its stake in shares of Flywire by 7.2% in the third quarter. One Way Holdings LLC now owns 1,131,863 shares of the company’s stock valued at $19,808,000 after purchasing an additional 76,310 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Flywire Stock Down 4.1%

The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 35.60, a P/E/G ratio of 1.22 and a beta of 1.32. The business has a fifty day simple moving average of $18.34 and a two-hundred day simple moving average of $15.62.

Flywire (NASDAQ:FLYW) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.26. Flywire had a return on equity of 9.46% and a net margin of 10.34%. The business had revenue of $250.30 million for the quarter, compared to analyst estimates of $233.25 million. During the same period in the prior year, the company earned $0.23 EPS. Flywire’s revenue for the quarter was up 25.1% on a year-over-year basis. As a group, equities analysts predict that Flywire Corporation will post 0.40 earnings per share for the current fiscal year.

Flywire Company Profile

Flywire Corp. (NASDAQ: FLYW) is a global payments and software company that helps organizations receive and manage payments from customers and clients in multiple countries and currencies. Its platform is designed to simplify complex, cross-border transactions while providing payment tracking, reconciliation and related accounts-receivable capabilities.

The company serves several major verticals, including education, healthcare, travel and business-to-business payments. Its products and services include international and domestic payment processing, digital billing and invoicing, payment plans, embedded payment solutions and tools that help organizations automate reconciliation and improve the payment experience.

Flywire was founded in 2009 as peerTransfer and is headquartered in Boston, Massachusetts.