TD Cowen Forecasts Strong Price Appreciation for Enova International (NYSE:ENVA) Stock

Enova International (NYSE:ENVA) had its target price upped by research analysts at TD Cowen from $220.00 to $224.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. TD Cowen‘s price objective suggests a potential upside of 27.26% from the company’s current price.

Several other equities research analysts have also recently issued reports on ENVA. Citizens Jmp raised their price objective on shares of Enova International from $215.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Thursday, October 15th. Stephens boosted their target price on shares of Enova International from $215.00 to $225.00 and gave the company an “overweight” rating in a report on Friday. BTIG Research raised their price target on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Enova International in a research report on Friday. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Enova International has a consensus rating of “Moderate Buy” and a consensus target price of $235.67.

Enova International Stock Down 2.2%

Shares of NYSE:ENVA opened at $176.02 on Friday. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35. The business has a fifty day moving average of $202.49 and a two-hundred day moving average of $199.36. The stock has a market cap of $4.38 billion, a P/E ratio of 13.05 and a beta of 1.28. Enova International has a 52-week low of $111.93 and a 52-week high of $267.45.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, October 22nd. The credit services provider reported $4.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.42 by $0.06. Enova International had a return on equity of 26.66% and a net margin of 10.31%. The business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the company earned $3.36 EPS. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. On average, research analysts expect that Enova International will post 16.33 earnings per share for the current year.

Insider Activity at Enova International

In related news, Chairman David Fisher sold 20,750 shares of Enova International stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $178.24, for a total value of $3,698,480.00. Following the completion of the sale, the chairman owned 306,444 shares in the company, valued at approximately $54,620,578.56. This trade represents a 6.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 39,319 shares of company stock valued at $8,185,473. Corporate insiders own 8.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in shares of Enova International in the second quarter valued at $38,453,000. Tieton Capital Management LLC acquired a new position in Enova International during the 2nd quarter worth about $26,577,000. Alyeska Investment Group L.P. purchased a new position in Enova International during the 2nd quarter valued at about $25,749,000. Amundi boosted its holdings in Enova International by 66.6% during the 2nd quarter. Amundi now owns 207,684 shares of the credit services provider’s stock valued at $49,996,000 after acquiring an additional 83,002 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in Enova International by 133.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 72,385 shares of the credit services provider’s stock valued at $12,096,000 after acquiring an additional 41,378 shares in the last quarter. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Enova International

Here are the key news stories impacting Enova International this week:

• Positive Sentiment: Enova delivered record quarterly revenue above $1 billion, up 25.7% year over year, while originations increased 31%. Adjusted EPS rose 33% to $4.48, exceeding analysts’ estimates near $4.42–$4.46. Enova Reports Third Quarter 2026 Results
• Positive Sentiment: Management highlighted broad portfolio growth and a record loan book, indicating continued demand for Enova’s online lending products. Revenue growth, higher originations and improved earnings support the company’s near-term operating momentum. Enova Tops $1 Billion Quarterly Revenue as Online Lending Surges
• Neutral Sentiment: The quarterly report showed diluted EPS of $4.06 and adjusted EPS of $4.48, with return on equity of 26.66% and a 10.31% net margin. Investors will likely focus on future credit performance and loan growth as the lending platform expands. Enova International Q3 Adjusted Earnings, Revenue Rise
• Negative Sentiment: Enova’s planned Grasshopper Bank transaction was terminated, removing a potential strategic benefit from the company’s plans and likely raising questions about its future funding and banking strategy. This setback may be overshadowing the earnings beat. Blue Tower on Enova International’s Grasshopper Bank Deal Termination

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.