Flywire (FLYW) Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flywire in the last year. There are currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FLYW shares.
View FLYW analyst ratings or view top-rated stocks.

12 Wall Street analysts have issued 12 month price objectives for Flywire's shares. Their FLYW share price forecasts range from $25.00 to $44.00. On average, they predict the company's share price to reach $36.71 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for FLYW or view top-rated stocks among Wall Street analysts.

Flywire's stock was trading at $24.47 at the start of the year. Since then, FLYW stock has increased by 30.3% and is now trading at $31.89.
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Flywire saw a drop in short interest in September. As of September 15th, there was short interest totaling 3,410,000 shares, a drop of 11.0% from the August 31st total of 3,830,000 shares. Based on an average trading volume of 1,140,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.0% of the company's stock are sold short.
View Flywire's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our FLYW earnings forecast.

Flywire Co. (NASDAQ:FLYW) released its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.15) EPS for the quarter, hitting analysts' consensus estimates of ($0.15). The business had revenue of $84.87 million for the quarter, compared to analyst estimates of $73.53 million. Flywire had a negative trailing twelve-month return on equity of 5.35% and a negative net margin of 7.45%. Flywire's revenue for the quarter was up 50.1% on a year-over-year basis. During the same period last year, the business posted ($0.22) earnings per share.

ETFs with the largest weight of Flywire (NASDAQ:FLYW) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF), Alger Weatherbie Enduring Growth ETF (AWEG), Fidelity Crypto Industry and Digital Payments ETF (FDIG), ETFMG Prime Mobile Payments ETF (IPAY), Global X FinTech Thematic ETF (FINX), Innovator IBD 50 ETF (FFTY) and Invesco Raymond James SB-1 Equity ETF (RYJ).Franklin Disruptive Commerce ETF (BUYZ).

Flywire updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $372.00 million-$380.00 million, compared to the consensus revenue estimate of $376.09 million.

(FLYW) raised $200 million in an initial public offering on Wednesday, May 26th 2021. The company issued 8,700,000 shares at a price of $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup and BofA Securities served as the underwriters for the IPO and Raymond James, RBC Capital Markets, William Blair, Guggenheim Securities, Nomura, AmeriVet Securities, Ramirez & Co., Siebert Williams Shank and Telsey Advisory Group were co-managers.

Flywire trades on the NASDAQ under the ticker symbol "FLYW."

Shares of FLYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FLYW stock can currently be purchased for approximately $31.89.

Flywire (NASDAQ:FLYW) has a market capitalization of $3.58 billion and generates $289.38 million in revenue each year. The company earns $-39,350,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis.

The company employs 1,000 workers across the globe.

Flywire's mailing address is 141 TREMONT STREET SUITE 10, BOSTON MA, 02111. The official website for the company is www.flywire.com. The company can be reached via phone at 617-329-4524 or via email at flywireir@icrinc.com.