Oportun Financial Corporation (OPRT) – What Are Researchers Saying About This Stock?

Oportun Financial Corporation (NASDAQ:OPRT) has been given an average rating of “Hold” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $7.75.

OPRT has been the topic of several research analyst reports. Wall Street Zen raised shares of Oportun Financial from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Jefferies Financial Group lifted their price target on Oportun Financial from $6.00 to $9.00 and gave the company a “hold” rating in a report on Wednesday, October 7th. Weiss Ratings upgraded shares of Oportun Financial from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, Stephens raised their price target on shares of Oportun Financial from $7.00 to $8.00 and gave the company an “overweight” rating in a report on Thursday, August 6th.

Insider Buying and Selling at Oportun Financial

In other news, insider Kathleen Layton sold 4,223 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $7.80, for a total transaction of $32,939.40. Following the transaction, the insider owned 292,006 shares of the company’s stock, valued at $2,277,646.80. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 7,082 shares of company stock worth $55,240 in the last ninety days. Insiders own 1.60% of the company’s stock.

Institutional Trading of Oportun Financial

Several institutional investors and hedge funds have recently made changes to their positions in OPRT. Squarepoint Ops LLC bought a new stake in Oportun Financial in the second quarter valued at approximately $112,000. AXQ Capital LP acquired a new position in Oportun Financial in the 2nd quarter worth $78,000. Empowered Funds LLC bought a new position in Oportun Financial during the 2nd quarter worth about $1,162,000. Bank of America Corp DE acquired a new position in shares of Oportun Financial during the second quarter worth about $840,000. Finally, Man Group plc acquired a new position in shares of Oportun Financial during the second quarter worth about $545,000. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Price Performance

OPRT opened at $9.37 on Tuesday. The company has a market capitalization of $430.93 million, a P/E ratio of 8.43 and a beta of 1.25. The firm’s fifty day moving average price is $8.16 and its two-hundred day moving average price is $6.10. Oportun Financial has a fifty-two week low of $4.03 and a fifty-two week high of $9.45.

Oportun Financial (NASDAQ:OPRT) last posted its earnings results on Wednesday, August 5th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The business had revenue of $233.23 million for the quarter, compared to analysts’ expectations of $230.68 million. Oportun Financial had a net margin of 2.05% and a return on equity of 13.41%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, equities research analysts expect that Oportun Financial will post 1.28 EPS for the current fiscal year.

About Oportun Financial

Oportun Financial Corp. is a financial technology company that provides credit products and related financial services to consumers in the United States, with a particular focus on serving Hispanic and other traditionally underserved communities. The company uses data-driven underwriting and digital tools to offer customers access to credit, including borrowers who may have limited credit histories.

Oportun’s primary products have included unsecured personal loans and credit cards. Through its digital platform and customer service channels, the company has also provided tools intended to help consumers manage borrowing, make payments and build or strengthen their credit profiles.

Founded in 2005 as Progreso Financiero, the company adopted the Oportun name in 2015 and became a publicly traded company in 2019.