Oportun Financial (OPRT) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oportun Financial in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OPRT shares.
View OPRT analyst ratings or view top-rated stocks.

6 brokers have issued 1 year price targets for Oportun Financial's shares. Their OPRT share price forecasts range from $4.00 to $13.00. On average, they expect the company's stock price to reach $7.25 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for OPRT or view top-rated stocks among Wall Street analysts.

Oportun Financial's stock was trading at $5.51 at the beginning of the year. Since then, OPRT shares have increased by 24.5% and is now trading at $6.86.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our OPRT earnings forecast.

Oportun Financial Co. (NASDAQ:OPRT) issued its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.27. The business had revenue of $266.60 million for the quarter, compared to analyst estimates of $251.27 million. Oportun Financial had a negative net margin of 22.27% and a negative trailing twelve-month return on equity of 18.22%.

BlackRock Future Financial and Technology ETF holds 9,162 shares of OPRT stock, representing 1.16% of its portfolio.

Oportun Financial issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.00 million-$265.00 million, compared to the consensus revenue estimate of $243.14 million.

154 employees have rated Oportun Financial Chief Executive Officer Raul Vazquez on Glassdoor.com. Raul Vazquez has an approval rating of 98% among the company's employees. This puts Raul Vazquez in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oportun Financial investors own include Wynn Resorts (WYNN), Walt Disney (DIS), DocuSign (DOCU), Mastercard (MA), NVIDIA (NVDA), Boeing (BA), Cardtronics (CATM), Dynatrace (DT), Main Street Capital (MAIN) and Marriott International (MAR).

(OPRT) raised $101 million in an initial public offering on Thursday, September 26th 2019. The company issued 6,300,000 shares at $15.00-$17.00 per share. Barclays, J.P. Morgan, Jefferies and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and JMP Securities and BTIG were co-managers.

Oportun Financial trades on the NASDAQ under the ticker symbol "OPRT."

Shares of OPRT 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.
Compare Top Brokerages Here.

One share of OPRT stock can currently be purchased for approximately $6.86.

Oportun Financial (NASDAQ:OPRT) has a market capitalization of $233.51 million and generates $952.50 million in revenue each year. The company earns $-77,740,000.00 in net income (profit) each year or ($6.87) on an earnings per share basis.

The company employs 3,235 workers across the globe.

Oportun Financial's mailing address is 2 CIRCLE STAR WAY, SAN CARLOS CA, 94070. The official website for the company is www.oportun.com. The company can be reached via phone at 650-810-8823 or via email at nils.erdmann@oportun.com.