Oportun Financial Corporation (NASDAQ:OPRT) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Analysts hold a mixed view of Oportun Financial, with one sell, two hold and two buy ratings, resulting in a consensus “Hold” recommendation. The average 12-month price target is $7.33.
• Oportun shares opened at $7.36, compared with a 52-week range of $4.03 to $8.30. The stock has a market capitalization of approximately $338.5 million.
• The company exceeded quarterly expectations, reporting adjusted EPS of $0.42 versus the $0.33 consensus estimate and revenue of $233.23 million. Institutional investors own approximately 82.7% of the outstanding shares.

Shares of Oportun Financial Corporation (NASDAQ:OPRT - Get Free Report) have been given an average rating of "Hold" by the five analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $7.3333.

OPRT has been the subject of a number of recent analyst reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Oportun Financial in a report on Wednesday, June 24th. Wall Street Zen raised shares of Oportun Financial from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Finally, Stephens boosted their target price on Oportun Financial from $7.00 to $8.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th.

Oportun Financial Price Performance

Shares of NASDAQ OPRT opened at $7.36 on Monday. The firm has a market capitalization of $338.49 million, a PE ratio of 18.40 and a beta of 1.22. Oportun Financial has a 1-year low of $4.03 and a 1-year high of $8.30. The business's fifty day moving average price is $6.38 and its two-hundred day moving average price is $5.57.

Oportun Financial (NASDAQ:OPRT - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The business had revenue of $233.23 million during the quarter, compared to analyst estimates of $230.68 million. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Equities research analysts expect that Oportun Financial will post 1.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers boosted its stake in shares of Oportun Financial by 5.8% during the 3rd quarter. Rhumbline Advisers now owns 51,467 shares of the company's stock worth $318,000 after acquiring an additional 2,817 shares in the last quarter. Flaharty Asset Management LLC boosted its stake in Oportun Financial by 23.1% during the 4th quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company's stock valued at $85,000 after purchasing an additional 3,000 shares during the period. Clearstead Advisors LLC boosted its position in shares of Oportun Financial by 192.9% in the fourth quarter. Clearstead Advisors LLC now owns 5,574 shares of the company's stock valued at $29,000 after acquiring an additional 3,671 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Oportun Financial during the 4th quarter valued at $28,000. Finally, Pinnacle Holdings LLC acquired a new position in shares of Oportun Financial during the second quarter valued at about $33,000. 82.70% of the stock is owned by hedge funds and other 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.

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