Oportun Financial Corporation (NASDAQ:OPRT) Stock Has Average Price Target of $7.75

Oportun Financial Corporation (NASDAQ:OPRT) has been given a consensus recommendation of “Hold” by the five analysts that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $7.75.

A number of research firms recently issued reports on OPRT. Weiss Ratings upgraded shares of Oportun Financial from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Wall Street Zen lowered shares of Oportun Financial from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 26th. Jefferies Financial Group increased their price target on Oportun Financial from $6.00 to $9.00 and gave the stock a “hold” rating in a research report on Wednesday, October 7th. Finally, Stephens boosted their price objective on Oportun Financial from $7.00 to $8.00 and gave the company an “overweight” rating in a report on Thursday, August 6th.

Oportun Financial Stock Performance

Shares of OPRT stock opened at $8.85 on Tuesday. Oportun Financial has a fifty-two week low of $4.03 and a fifty-two week high of $9.35. The firm has a market capitalization of $407.01 million, a PE ratio of 22.13 and a beta of 1.25. The stock’s 50-day simple moving average is $8.03 and its 200-day simple moving average is $6.42.

Oportun Financial (NASDAQ:OPRT) last released its earnings results on Wednesday, August 5th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $233.23 million during the quarter, compared to the consensus estimate of $230.68 million. Oportun Financial had a return on equity of 13.41% and a net margin of 2.05%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Sell-side analysts forecast that Oportun Financial will post 1.28 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Kathleen Layton sold 4,223 shares of Oportun Financial stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $7.80, for a total value of $32,939.40. Following the completion of the transaction, the insider owned 292,006 shares in the company, valued at $2,277,646.80. The trade was a 1.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 7,082 shares of company stock valued at $55,240 over the last three months. 1.60% of the stock is currently owned by insiders.

Institutional Trading of Oportun Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Squarepoint Ops LLC purchased a new position in shares of Oportun Financial during the 2nd quarter valued at approximately $112,000. AXQ Capital LP acquired a new stake in Oportun Financial in the 2nd quarter valued at $78,000. Empowered Funds LLC acquired a new stake in Oportun Financial in the 2nd quarter valued at $1,162,000. Bank of America Corp DE acquired a new stake in Oportun Financial in the 2nd quarter valued at $840,000. Finally, Man Group plc purchased a new stake in Oportun Financial in the 2nd quarter worth $545,000. 82.70% of the stock is currently owned by hedge funds and other institutional investors.

Oportun Financial Company Profile

Oportun Financial Corporation is a financial technology company that provides responsible, affordable credit and other financial services to consumers in the United States. The company focuses primarily on serving Hispanic and Latino communities, as well as other consumers who may have limited or no traditional credit histories.

Oportun’s offerings have included unsecured personal loans, credit cards and related financial products designed to help customers manage expenses, consolidate debt and establish or build credit.