Oportun Financial (NASDAQ:OPRT) Issues Quarterly Earnings Results

Oportun Financial (NASDAQ:OPRT) released its quarterly earnings results on Tuesday. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.09, Zacks reports. Oportun Financial had a negative net margin of 0.47% and a positive return on equity of 13.15%. Oportun Financial updated its Q4 2025 guidance to EPS and its FY 2025 guidance to 1.300-1.400 EPS.

Oportun Financial Stock Performance

OPRT stock traded down $0.23 on Tuesday, hitting $5.13. 987,433 shares of the company’s stock were exchanged, compared to its average volume of 541,353. The firm has a 50 day moving average price of $6.06 and a two-hundred day moving average price of $6.25. Oportun Financial has a 12-month low of $2.62 and a 12-month high of $9.24. The stock has a market cap of $225.77 million, a P/E ratio of 5.25 and a beta of 1.35.

Insider Activity at Oportun Financial

In other Oportun Financial news, insider Kathleen I. Layton sold 4,214 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $6.64, for a total transaction of $27,980.96. Following the transaction, the insider owned 159,184 shares in the company, valued at approximately $1,056,981.76. This represents a 2.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Cannell Capital LLC raised its position in shares of Oportun Financial by 7,067.0% during the 2nd quarter. Cannell Capital LLC now owns 1,601,244 shares of the company’s stock valued at $11,465,000 after buying an additional 1,578,902 shares during the period. Geode Capital Management LLC grew its position in shares of Oportun Financial by 131.6% during the second quarter. Geode Capital Management LLC now owns 776,844 shares of the company’s stock worth $5,563,000 after buying an additional 441,392 shares in the last quarter. Millennium Management LLC lifted its stake in Oportun Financial by 28.9% in the first quarter. Millennium Management LLC now owns 1,936,797 shares of the company’s stock worth $10,633,000 after acquiring an additional 433,827 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Oportun Financial by 246.5% in the 2nd quarter. Invesco Ltd. now owns 484,492 shares of the company’s stock valued at $3,469,000 after purchasing an additional 344,659 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Oportun Financial by 499.3% in the first quarter. Goldman Sachs Group Inc. now owns 313,446 shares of the company’s stock valued at $1,721,000 after buying an additional 261,147 shares during the last quarter. 82.70% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OPRT has been the topic of several analyst reports. Wall Street Zen raised Oportun Financial from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Zacks Research cut Oportun Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $6.00 price objective (down previously from $8.00) on shares of Oportun Financial in a research report on Tuesday, October 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Oportun Financial in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $8.67.

About Oportun Financial

Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California.