Flywire (NASDAQ:FLYW) Price Target Raised to $16.00 at Citigroup

Flywire (NASDAQ:FLYW) had its target price increased by Citigroup from $13.00 to $16.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other analysts have also recently weighed in on FLYW. Raymond James Financial reaffirmed an “outperform” rating and issued a $21.00 price target on shares of Flywire in a report on Wednesday. Stephens raised Flywire from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $17.00 to $19.00 in a report on Friday, January 16th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 price target on shares of Flywire in a report on Wednesday. UBS Group raised their price target on Flywire from $14.00 to $18.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Royal Bank Of Canada raised their price target on Flywire from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Flywire currently has a consensus rating of “Moderate Buy” and an average target price of $18.17.

Flywire Price Performance

Shares of NASDAQ:FLYW opened at $17.73 on Thursday. The company has a market capitalization of $2.15 billion, a PE ratio of 77.09, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The business has a fifty day moving average price of $12.84 and a two-hundred day moving average price of $13.18. Flywire has a 1 year low of $9.97 and a 1 year high of $18.05.

Flywire (NASDAQ:FLYW) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.07. The company had revenue of $184.00 million during the quarter, compared to the consensus estimate of $170.24 million. Flywire had a return on equity of 3.82% and a net margin of 4.45%.The firm’s quarterly revenue was up 40.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.03) EPS. Sell-side analysts anticipate that Flywire will post 0.38 earnings per share for the current year.

Insider Buying and Selling at Flywire

In other news, major shareholder Voss Capital, Lp acquired 25,000 shares of Flywire stock in a transaction that occurred on Friday, February 13th. The stock was bought at an average price of $10.99 per share, for a total transaction of $274,750.00. Following the completion of the transaction, the insider owned 2,300,000 shares in the company, valued at $25,277,000. The trade was a 1.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Peter Butterfield sold 9,009 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $13.05, for a total value of $117,567.45. Following the sale, the general counsel owned 532,962 shares of the company’s stock, valued at approximately $6,955,154.10. This trade represents a 1.66% decrease in their position. The SEC filing for this sale provides additional information. 4.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Flywire

A number of hedge funds have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Flywire by 3.4% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 24,086 shares of the company’s stock valued at $326,000 after purchasing an additional 800 shares during the period. Royal Bank of Canada raised its position in Flywire by 13.6% during the fourth quarter. Royal Bank of Canada now owns 9,025 shares of the company’s stock valued at $128,000 after purchasing an additional 1,081 shares during the period. Covestor Ltd raised its position in Flywire by 217.9% during the third quarter. Covestor Ltd now owns 3,233 shares of the company’s stock valued at $43,000 after purchasing an additional 2,216 shares during the period. Global Retirement Partners LLC purchased a new stake in Flywire during the fourth quarter valued at approximately $32,000. Finally, Daiwa Securities Group Inc. raised its position in Flywire by 78.4% during the second quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock valued at $66,000 after purchasing an additional 2,497 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Key Flywire News

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q1 beat and strong topline growth — Flywire posted better-than-expected Q1 results (EPS $0.10 vs. $0.03 est.; revenue $184M vs. $170M est.; revenue +40.9% YoY), which investors are rewarding. Impressive Q1 article
• Positive Sentiment: Guidance and capital return — Management outlined 18%–24% FX‑neutral revenue growth and launched up to a $50M accelerated share repurchase, supporting upside as buybacks reduce float and signal confidence. Guidance & ASR article
• Positive Sentiment: Analyst upgrade from BTIG — BTIG raised its price target to $20 and maintained a Buy rating, which reinforces the bullish narrative and likely contributed to buying interest. BTIG PT raise
• Neutral Sentiment: Earnings call & transcripts available — Full Q1 and Q4 earnings/transcript deep dives are out for investors wanting detail on product traction, international expansion and margin progression; useful for assessing sustainability of growth. Q1 transcript Q4 transcript
• Neutral Sentiment: Analyses and metric breakdowns — Third‑party writeups (Zacks, Seeking Alpha, MSN deep dives) provide detail comparing results to estimates and highlighting growth drivers; helpful but incremental to the headline beat. Zacks analysis Seeking Alpha transcript
• Negative Sentiment: Citigroup remains cautious despite raising its target — Citigroup raised its target to $16 but kept a Neutral rating; that target implies downside relative to current levels and may cap upside until more durable margin/earnings progress is visible. Citigroup note

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.