Oportun Financial Corporation (NASDAQ:OPRT) Receives $8.17 Consensus Target Price from Analysts

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have been assigned a consensus rating of “Hold” from the six research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $8.1667.

OPRT has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price for the company in a research note on Monday, January 12th. BTIG Research reissued a “buy” rating and set a $9.00 price target on shares of Oportun Financial in a research report on Friday, February 27th. Wall Street Zen lowered Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oportun Financial in a research report on Monday, December 29th.

Oportun Financial Trading Up 1.9%

NASDAQ:OPRT opened at $4.34 on Friday. The stock has a market capitalization of $193.13 million, a PE ratio of 8.19 and a beta of 1.18. Oportun Financial has a 1-year low of $4.05 and a 1-year high of $7.97. The firm has a fifty day simple moving average of $5.21 and a 200 day simple moving average of $5.47.

Oportun Financial (NASDAQ:OPRT) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 $247.80 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, equities analysts predict that Oportun Financial will post 0.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Oportun Financial

In other Oportun Financial news, insider Kathleen I. Layton sold 19,355 shares of the firm’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 $94,839.50. Following the completion of the sale, the insider owned 225,872 shares of the company’s stock, valued at $1,106,772.80. This trade represents a 7.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Patrick Kirscht sold 54,299 shares of Oportun Financial 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 transaction, the insider directly owned 439,618 shares of the company’s stock, valued at approximately $2,154,128.20. This trade represents a 10.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Cannell Capital LLC lifted its position in Oportun Financial by 7,067.0% during the second quarter. Cannell Capital LLC now owns 1,601,244 shares of the company’s stock worth $11,465,000 after acquiring an additional 1,578,902 shares during the last quarter. Simcoe Capital LLC acquired a new position in shares of Oportun Financial in the fourth quarter valued at approximately $4,208,000. Millennium Management LLC increased its stake in shares of Oportun Financial by 54.1% during the fourth quarter. Millennium Management LLC now owns 1,899,552 shares of the company’s stock worth $10,049,000 after purchasing an additional 667,271 shares during the period. Vanguard Group Inc. increased its stake in shares of Oportun Financial by 30.4% during the third quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company’s stock worth $12,998,000 after purchasing an additional 490,608 shares during the period. Finally, Segall Bryant & Hamill LLC lifted its holdings in Oportun Financial by 236.4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 651,582 shares of the company’s stock worth $3,447,000 after purchasing an additional 457,895 shares during the last quarter. 82.70% of the stock is owned by institutional investors.

About Oportun Financial

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.