JPMorgan Chase & Co. Lowers Oportun Financial (NASDAQ:OPRT) Price Target to $5.00

Oportun Financial (NASDAQ:OPRT) had its price objective cut by stock analysts at JPMorgan Chase & Co. from $6.00 to $5.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 3.89% from the company’s current price.

A number of other analysts also recently issued reports on OPRT. BTIG Research reiterated a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a report on Friday, February 27th. Wall Street Zen downgraded shares of Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a report on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Oportun Financial currently has an average rating of “Hold” and an average price target of $8.00.

Oportun Financial Price Performance

OPRT traded down $0.06 during trading on Thursday, reaching $4.81. The company had a trading volume of 117,558 shares, compared to its average volume of 566,965. Oportun Financial has a 12 month low of $4.03 and a 12 month high of $7.97. The business’s fifty day moving average price is $4.97 and its 200 day moving average price is $5.23. The company has a market cap of $214.18 million, a P/E ratio of 9.07 and a beta of 1.14.

Oportun Financial (NASDAQ:OPRT) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.27 earnings per share (EPS) 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 company had revenue of $247.75 million for the quarter, compared to the consensus estimate of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. As a group, sell-side analysts predict that Oportun Financial will post 0.94 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Kathleen I. Layton sold 19,355 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total transaction of $94,839.50. Following the transaction, the insider directly owned 225,872 shares in the company, valued at approximately $1,106,772.80. The trade was a 7.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Patrick Kirscht sold 54,299 shares of the business’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 transaction, the insider owned 439,618 shares in the company, valued at approximately $2,154,128.20. The trade was a 10.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 9.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oportun Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC boosted its position in Oportun Financial by 176.5% during the fourth quarter. Hsbc Holdings PLC now owns 58,980 shares of the company’s stock worth $314,000 after purchasing an additional 37,647 shares during the period. State of Tennessee Department of Treasury bought a new position in Oportun Financial during the fourth quarter worth $145,000. Mackenzie Financial Corp boosted its position in Oportun Financial by 21.1% during the fourth quarter. Mackenzie Financial Corp now owns 68,368 shares of the company’s stock worth $365,000 after purchasing an additional 11,891 shares during the period. Empowered Funds LLC boosted its position in Oportun Financial by 11.2% during the fourth quarter. Empowered Funds LLC now owns 172,033 shares of the company’s stock worth $910,000 after purchasing an additional 17,349 shares during the period. Finally, nVerses Capital LLC bought a new position in Oportun Financial during the fourth quarter worth $80,000. 82.70% of the stock is owned by institutional investors.

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.