Analysts Set Oportun Financial Corporation (NASDAQ:OPRT) PT at $8.17

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have been assigned an average rating of “Hold” from the six research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $8.00.

Several analysts have recently commented on OPRT shares. BTIG Research reissued a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research note on Friday, February 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a research note on Friday, March 27th. JPMorgan Chase & Co. lowered their price objective on Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Wall Street Zen downgraded Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th.

Oportun Financial Trading Up 1.4%

Oportun Financial stock opened at $4.91 on Wednesday. Oportun Financial has a 1-year low of $4.03 and a 1-year high of $7.97. The firm has a market capitalization of $218.50 million, a price-to-earnings ratio of 9.26 and a beta of 1.14. The firm’s fifty day moving average price is $4.94 and its two-hundred day moving average price is $5.21.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Oportun Financial had a net margin of 2.64% and a return on equity of 14.82%. The firm had revenue of $247.75 million for the quarter, compared to analyst estimates of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, research analysts forecast that Oportun Financial will post 0.94 EPS for the current year.

Insider Buying and Selling at Oportun Financial

In other news, insider Kathleen I. Layton sold 19,355 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total value of $94,839.50. Following the completion of the sale, the insider owned 225,872 shares in the company, valued at $1,106,772.80. This represents a 7.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Patrick Kirscht sold 54,299 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total transaction of $266,065.10. Following the completion of the sale, the insider owned 439,618 shares of the company’s stock, valued at approximately $2,154,128.20. The trade was a 10.99% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 9.30% of the company’s stock.

Hedge Funds Weigh In On Oportun Financial

A number of hedge funds and other institutional investors have recently modified their holdings of OPRT. Kemnay Advisory Services Inc. purchased a new stake in shares of Oportun Financial during the fourth quarter valued at approximately $28,000. Clearstead Advisors LLC increased its position in shares of Oportun Financial by 192.9% during the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock valued at $29,000 after acquiring an additional 3,671 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Oportun Financial during the fourth quarter valued at approximately $58,000. Virtu Financial LLC purchased a new stake in shares of Oportun Financial during the third quarter valued at approximately $64,000. Finally, PharVision Advisers LLC purchased a new stake in shares of Oportun Financial during the third quarter valued at approximately $77,000. Hedge funds and other institutional investors own 82.70% of the company’s stock.

Oportun Financial Company Profile

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.