Flywire (NASDAQ:FLYW) Stock Gets Price Target Increase from Citigroup

Flywire (NASDAQ:FLYW) had its price target lifted by research analysts at Citigroup from $19.00 to $23.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup‘s price objective suggests a potential upside of 8.18% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of Flywire from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank Of Canada restated an “outperform” rating and issued a $25.00 price objective on shares of Flywire in a report on Wednesday, September 30th. Weiss Ratings raised shares of Flywire from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, September 1st. Zacks Research lowered shares of Flywire from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $22.00 price target on shares of Flywire in a research report on Monday, August 17th. Seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $22.27.

Flywire Stock Down 2.5%

Shares of NASDAQ FLYW traded down $0.55 during trading hours on Thursday, reaching $21.26. 4,828,058 shares of the stock traded hands, compared to its average volume of 1,878,693. The company has a market capitalization of $2.59 billion, a P/E ratio of 35.43, a price-to-earnings-growth ratio of 1.22 and a beta of 1.32. Flywire has a 52-week low of $10.55 and a 52-week high of $22.17. The company’s 50-day simple moving average is $18.34 and its two-hundred day simple moving average is $15.62.

Flywire (NASDAQ:FLYW) last issued its earnings results on Tuesday, November 3rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $233.25 million. During the same quarter in the prior year, the firm earned $0.23 earnings per share. Flywire’s revenue for the quarter was up 25.1% on a year-over-year basis. As a group, sell-side analysts forecast that Flywire will post 0.40 earnings per share for the current fiscal year.

Insider Activity

In related news, insider David King sold 55,325 shares of Flywire stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $20.05, for a total transaction of $1,109,266.25. Following the sale, the insider directly owned 147,079 shares in the company, valued at $2,948,933.95. The trade was a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Peter Butterfield sold 12,156 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $17.99, for a total value of $218,686.44. Following the completion of the sale, the general counsel directly owned 601,022 shares in the company, valued at approximately $10,812,385.78. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 647,943 shares of company stock worth $12,339,607 in the last quarter. 5.00% of the stock is owned by company insiders.

Institutional Trading of Flywire

Hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC increased its position in Flywire by 110.8% during the 1st quarter. Renaissance Technologies LLC now owns 887,200 shares of the company’s stock valued at $10,327,000 after buying an additional 466,300 shares in the last quarter. North Reef Capital Management LP boosted its stake in shares of Flywire by 83.3% in the first quarter. North Reef Capital Management LP now owns 1,100,000 shares of the company’s stock worth $12,804,000 after acquiring an additional 499,999 shares during the period. Squarepoint Ops LLC grew its position in shares of Flywire by 158.4% during the second quarter. Squarepoint Ops LLC now owns 539,307 shares of the company’s stock valued at $9,476,000 after purchasing an additional 330,622 shares in the last quarter. Roubaix Capital LLC bought a new stake in shares of Flywire in the 1st quarter worth about $2,685,000. Finally, Jennison Associates LLC raised its stake in shares of 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 period. Institutional investors own 95.90% of the company’s stock.

Key Headlines Impacting Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q3 revenue rose 25.1% year over year to $250.3 million, exceeding expectations of about $233.3 million. EPS was $0.57 versus the $0.31 consensus, reinforcing the company’s growth and profitability momentum. Flywire Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Flywire raised its 2026 foreign-exchange-neutral revenue growth outlook, excluding ancillary services, to 25%–27%, and lifted its adjusted EBITDA margin-growth outlook. Management also cited a target of a 25% adjusted EBITDA margin in 2027, supporting the case for continued growth with improving margins. Flywire 2026 outlook and 2027 margin target
• Positive Sentiment: Analysts raised targets after the earnings report. B. Riley increased its target to $25 and maintained Buy; BTIG raised its target to $22 and named Flywire a small-cap top pick. JPMorgan lifted its target to $23 but kept a Neutral rating. B. Riley raises Flywire price target
• Neutral Sentiment: Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027—continued expansion, but a slower pace than the company’s 2026 outlook. Morgan Stanley’s Flywire growth outlook
• Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct stake by 27.33%. The trade was made under a pre-arranged Rule 10b5-1 plan, which makes it a less direct signal about his near-term view of the business. SEC Form 4 filing

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.