OppFi Inc. (NYSE:OPFI) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• OppFi has a consensus “Hold” rating among five brokerages, with three holds and two buys. The average 12-month price target is $10.25, though recent analysts lowered targets to $9.50 and $11.00.
• The stock opened at $7.00, near its 52-week low of $6.50, and trades at a P/E ratio of 3.70. OppFi’s latest quarterly results missed expectations, with EPS of $0.33 versus $0.44 forecast and revenue of $86.17 million versus $155.89 million expected.
• Insider activity was mixed: a director sold 28,485 shares while the CEO bought 3,500 shares; insiders collectively own 70.20% of the company. Institutional and hedge-fund ownership stands at 7.10%, with several firms recently increasing their positions.

OppFi Inc. (NYSE:OPFI - Get Free Report) has been assigned an average recommendation of "Hold" from the five brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $10.25.

Several analysts have recently commented on OPFI shares. Citigroup reiterated a "market outperform" rating on shares of OppFi in a report on Tuesday, August 11th. Citizens Jmp reduced their target price on OppFi from $15.00 to $11.00 and set a "market outperform" rating on the stock in a research report on Tuesday, August 11th. Stephens lowered their price target on OppFi from $11.00 to $9.50 and set an "equal weight" rating for the company in a report on Tuesday, August 11th. Zacks Research lowered OppFi from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen downgraded shares of OppFi from a "buy" rating to a "hold" rating in a report on Sunday, August 16th.

OppFi Stock Performance

NYSE:OPFI opened at $7.00 on Monday. OppFi has a fifty-two week low of $6.50 and a fifty-two week high of $12.45. The stock has a market capitalization of $596.47 million, a P/E ratio of 3.70 and a beta of 1.77. The company's 50-day simple moving average is $8.87 and its 200-day simple moving average is $8.71.

OppFi (NYSE:OPFI - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.11). OppFi had a return on equity of 30.89% and a net margin of 16.64%.The firm had revenue of $86.17 million during the quarter, compared to analysts' expectations of $155.89 million. OppFi has set its FY 2026 guidance at 1.340-1.510 EPS. On average, research analysts forecast that OppFi will post 1.4 EPS for the current year.

Insiders Place Their Bets

In other OppFi news, Director David Vennettilli sold 28,485 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $7.16, for a total transaction of $203,952.60. Following the sale, the director owned 154,434 shares of the company's stock, valued at approximately $1,105,747.44. The trade was a 15.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Todd G. Schwartz purchased 3,500 shares of the business's stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $7.16 per share, for a total transaction of $25,060.00. Following the purchase, the chief executive officer directly owned 584,283 shares in the company, valued at $4,183,466.28. This represents a 0.60% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 86,950 shares of company stock valued at $616,658. Insiders own 70.20% of the company's stock.

Hedge Funds Weigh In On OppFi

Several hedge funds have recently made changes to their positions in OPFI. Goldman Sachs Group Inc. lifted its position in OppFi by 191.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 189,961 shares of the company's stock worth $1,767,000 after acquiring an additional 124,744 shares during the period. Rhumbline Advisers increased its holdings in shares of OppFi by 23.3% in the first quarter. Rhumbline Advisers now owns 19,362 shares of the company's stock valued at $180,000 after purchasing an additional 3,662 shares during the period. Creative Planning acquired a new position in shares of OppFi in the second quarter valued at about $188,000. Cetera Investment Advisers purchased a new position in shares of OppFi in the second quarter worth about $206,000. Finally, JPMorgan Chase & Co. raised its stake in shares of OppFi by 3,200.3% in the second quarter. JPMorgan Chase & Co. now owns 296,399 shares of the company's stock worth $4,147,000 after purchasing an additional 287,418 shares during the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

About OppFi

OppFi NYSE: OPFI is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.

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