Oportun Financial (OPRT) Stock Forecast, Price & News

6 Wall Street 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 research analysts is that investors should "moderate buy" OPRT shares.
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6 equities research analysts have issued 1-year price targets for Oportun Financial's stock. Their OPRT share price forecasts range from $4.00 to $13.00. On average, they predict the company's stock price to reach $7.25 in the next year. This suggests that the stock has a possible downside of 2.7%.
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Oportun Financial's stock was trading at $5.51 at the beginning of the year. Since then, OPRT stock has increased by 35.2% and is now trading at $7.45.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
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Oportun Financial Co. (NASDAQ:OPRT) issued its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.32) by $0.27. The business had revenue of $266.60 million for the quarter, compared to analysts' expectations 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 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 (IPO) 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) served 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."

Oportun Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (6.36%), BlackRock Inc. (3.83%), Bank of Montreal Can (2.49%), Tejara Capital Ltd (1.41%), RBF Capital LLC (1.32%) and Dimensional Fund Advisors LP (1.01%). Insiders that own company stock include Aida Alvarez, David Anthony Needham, Greylock Xii Gp Llc, Joan Aristei, Jonathan Aaron Coblentz, Louis Miramontes and Patrick Kirscht.
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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.
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One share of OPRT stock can currently be purchased for approximately $7.45.

Oportun Financial (NASDAQ:OPRT) has a market capitalization of $253.63 million and generates $413.86 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.