Flywire (NASDAQ:FLYW) Shares Gap Up Following Better-Than-Expected Earnings

Flywire Corporation (NASDAQ:FLYW)’s stock price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $11.24, but opened at $12.24. Flywire shares last traded at $12.0360, with a volume of 1,381,353 shares.

The company reported $105.55 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $105.56. The company had revenue of $157.54 million for the quarter, compared to analyst estimates of $144.96 million. Flywire had a return on equity of 2.79% and a net margin of 2.17%.The business’s revenue for the quarter was up 34.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.12) EPS.

Flywire News Roundup

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q4 beat and raised outlook — Flywire reported Q4 revenue of $157.5M (+34% y/y) and an EPS surprise (reported $105.55 vs. consensus around a loss), and provided FY‑2026 and Q1 revenue ranges above Street expectations, supporting near-term revenue momentum and margin scaling. Flywire Reports Fourth-Quarter and Fiscal-Year 2025 Financial Results
• Positive Sentiment: RBC raises target and upgrades — Royal Bank of Canada bumped its price target to $20 and moved to an “outperform” view, signaling institutional confidence in Flywire’s growth trajectory and providing a bullish analyst counterweight. Benzinga
• Positive Sentiment: 2026 growth outlook — Management outlined FX‑neutral revenue growth of 15%–21% for 2026 while targeting scaled EBITDA margins, reinforcing that the company expects profitable growth beyond top-line momentum. Flywire outlines 15%-21% growth for 2026
• Neutral Sentiment: Investor outreach — Flywire said it will attend upcoming investor conferences, increasing management access for investors and analysts (could help transparency and liquidity). Flywire to Attend Upcoming Investor Conferences
• Neutral Sentiment: Full materials available — Earnings call transcript and slide deck are published for deeper diligence if you want details on product mix, unit economics and guidance assumptions. Q4 slide deck
• Negative Sentiment: Analysts cut price targets — UBS trimmed its target to $14 (neutral) and Goldman cut to $15 (neutral), which can cap upside and weigh on sentiment despite the earnings beat. Benzinga (UBS/Goldman notes)
• Negative Sentiment: Unusual put activity — Large block of put option purchases (3,805 contracts, ~+653% vs. average) suggests some traders are hedging or betting on near-term downside/volatility. This can raise implied volatility and pressure the stock if selling intensifies.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FLYW. Morgan Stanley initiated coverage on shares of Flywire in a research note on Tuesday. They set an “equal weight” rating and a $15.00 price objective for the company. Wolfe Research reaffirmed an “outperform” rating and set a $19.00 price target on shares of Flywire in a research report on Wednesday, November 5th. Truist Financial set a $17.00 price target on shares of Flywire in a research note on Tuesday, January 20th. Zacks Research raised shares of Flywire from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Finally, Wall Street Zen downgraded Flywire from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Flywire currently has an average rating of “Hold” and an average price target of $15.67.

Insider Activity

In related news, major shareholder Voss Capital, Lp acquired 181,121 shares of the business’s stock in a transaction on Tuesday, December 30th. The shares were bought at an average cost of $14.15 per share, with a total value of $2,562,862.15. Following the completion of the transaction, the insider directly owned 9,625,009 shares of the company’s stock, valued at $136,193,877.35. This trade represents a 1.92% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Peter Butterfield sold 13,327 shares of the company’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $15.01, for a total value of $200,038.27. Following the completion of the sale, the general counsel directly owned 374,933 shares of the company’s stock, valued at $5,627,744.33. The trade was a 3.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have acquired 251,112 shares of company stock valued at $3,477,834 and have sold 38,426 shares valued at $567,215. Insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Flywire

Hedge funds have recently modified their holdings of the stock. Voss Capital LP increased its stake in Flywire by 176.0% during the 2nd quarter. Voss Capital LP now owns 8,100,000 shares of the company’s stock worth $94,770,000 after buying an additional 5,165,014 shares during the period. Divisadero Street Capital Management LP grew its stake in shares of Flywire by 178.0% during the second quarter. Divisadero Street Capital Management LP now owns 4,784,654 shares of the company’s stock valued at $55,980,000 after acquiring an additional 3,063,518 shares in the last quarter. Mangrove Partners IM LLC purchased a new stake in shares of Flywire during the third quarter worth about $39,289,000. Azora Capital LP acquired a new position in shares of Flywire in the second quarter worth about $33,355,000. Finally, Wellington Management Group LLP lifted its stake in shares of Flywire by 173.3% in the third quarter. Wellington Management Group LLP now owns 3,358,186 shares of the company’s stock worth $45,470,000 after acquiring an additional 2,129,514 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Flywire Price Performance

The business has a fifty day moving average of $13.05 and a 200 day moving average of $13.23. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.53 and a quick ratio of 1.53. The stock has a market cap of $1.53 billion, a PE ratio of 125.21, a P/E/G ratio of 1.29 and a beta of 1.28.

About Flywire

Flywire Corp (NASDAQ: FLYW) is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire’s technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.

Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.