Flywire (NASDAQ:FLYW) Stock Price Target Raised at Citigroup

Key Points

• Citigroup raised its Flywire price target from $19 to $23, while maintaining a Neutral rating; the new target implies about 8.2% upside from the stock’s cited price.
• Flywire’s latest quarter beat expectations, with revenue up 25.1% year over year to $250.3 million and EPS of $0.57 versus the $0.31 consensus estimate.
• Analyst sentiment remains mixed: MarketBeat reports a consensus Hold rating and an average price target of $22.27, with seven Buy ratings and eight Hold ratings.

Flywire (NASDAQ:FLYW - Get Free Report) had its price target upped by equities researchers at Citigroup from $19.00 to $23.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Citigroup's target price suggests a potential upside of 8.18% from the company's current price.

A number of other brokerages have also recently commented on FLYW. Stephens assumed coverage on Flywire in a research note on Friday, October 16th. They issued an "equal weight" rating and a $20.00 price target for the company. Wolfe Research raised their target price on Flywire from $22.00 to $23.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 25th. Morgan Stanley increased their price target on Flywire from $24.00 to $26.00 and gave the stock an "overweight" rating in a report on Wednesday. Royal Bank Of Canada reiterated an "outperform" rating and set a $25.00 price target on shares of Flywire in a report on Wednesday, September 30th. Finally, Weiss Ratings raised Flywire from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, September 1st. Seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $22.27.

Flywire Trading Down 2.5%

Flywire stock traded down $0.55 during trading hours on Thursday, reaching $21.26. 4,828,058 shares of the stock were exchanged, compared to its average volume of 1,878,693. The company has a market cap of $2.59 billion, a P/E ratio of 35.43, a price-to-earnings-growth ratio of 1.22 and a beta of 1.32. Flywire has a twelve month low of $10.55 and a twelve month high of $22.17. The stock has a 50 day moving average of $18.34 and a two-hundred day moving average of $15.62.

Flywire (NASDAQ:FLYW - Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.31 by $0.26. Flywire had a net margin of 10.34% and a return on equity of 9.46%. The company had revenue of $250.30 million during the quarter, compared to analysts' expectations of $233.25 million. During the same period in the previous year, the company earned $0.23 EPS. The business's revenue for the quarter was up 25.1% compared to the same quarter last year. On average, analysts expect that Flywire will post 0.40 earnings per share for the current fiscal year.

Insider Buying and Selling at Flywire

In other news, General Counsel Peter Butterfield sold 12,156 shares of Flywire stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $17.99, for a total value of $218,686.44. Following the completion of the transaction, the general counsel directly owned 601,022 shares in the company, valued at approximately $10,812,385.78. The trade was a 1.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Voss Capital, Lp sold 44,768 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $18.78, for a total value of $840,743.04. Following the sale, the insider owned 11,069,321 shares in the company, valued at approximately $207,881,848.38. The trade was a 0.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 647,943 shares of company stock valued at $12,339,607 in the last 90 days. 5.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FLYW. Nisa Investment Advisors LLC grew its stake in Flywire by 30.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,986 shares of the company's stock worth $105,000 after buying an additional 1,403 shares in the last quarter. IFP Advisors Inc raised its position in shares of Flywire by 168.7% during the 3rd quarter. IFP Advisors Inc now owns 2,483 shares of the company's stock valued at $43,000 after buying an additional 1,559 shares in the last quarter. Essential Partners LLC raised its position in shares of Flywire by 219.1% during the 1st quarter. Essential Partners LLC now owns 2,288 shares of the company's stock valued at $27,000 after buying an additional 1,571 shares in the last quarter. Nykredit A S bought a new stake in shares of Flywire during the 2nd quarter worth $29,000. Finally, Allworth Financial LP lifted its holdings in shares of Flywire by 126.8% during the 2nd quarter. Allworth Financial LP now owns 4,022 shares of the company's stock worth $71,000 after acquiring an additional 2,249 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Key Stories Impacting Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q3 revenue rose 25.1% year over year to $250.3 million, exceeding expectations of about $233.3 million. EPS was $0.57 versus the $0.31 consensus, reinforcing the company’s growth and profitability momentum. Flywire Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Flywire raised its 2026 foreign-exchange-neutral revenue growth outlook, excluding ancillary services, to 25%–27%, and lifted its adjusted EBITDA margin-growth outlook. Management also cited a target of a 25% adjusted EBITDA margin in 2027, supporting the case for continued growth with improving margins. Flywire 2026 outlook and 2027 margin target
• Positive Sentiment: Analysts raised targets after the earnings report. B. Riley increased its target to $25 and maintained Buy; BTIG raised its target to $22 and named Flywire a small-cap top pick. JPMorgan lifted its target to $23 but kept a Neutral rating. B. Riley raises Flywire price target
• Neutral Sentiment: Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027—continued expansion, but a slower pace than the company’s 2026 outlook. Morgan Stanley’s Flywire growth outlook
• Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct stake by 27.33%. The trade was made under a pre-arranged Rule 10b5-1 plan, which makes it a less direct signal about his near-term view of the business. SEC Form 4 filing

Flywire Company Profile

Flywire Corp. NASDAQ: FLYW is a global payments and software company that helps organizations receive and manage payments from customers and clients in multiple countries and currencies. Its platform is designed to simplify complex, cross-border transactions while providing payment tracking, reconciliation and related accounts-receivable capabilities.

The company serves several major verticals, including education, healthcare, travel and business-to-business payments. Its products and services include international and domestic payment processing, digital billing and invoicing, payment plans, embedded payment solutions and tools that help organizations automate reconciliation and improve the payment experience.

Flywire was founded in 2009 as peerTransfer and is headquartered in Boston, Massachusetts.

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