Oportun Financial Corporation (NASDAQ:OPRT) Receives Consensus Recommendation of “Hold” from Analysts

Oportun Financial Corporation (NASDAQ:OPRT) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $8.1667.

A number of research firms have issued reports on OPRT. JPMorgan Chase & Co. upgraded Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price for the company in a report on Monday, January 12th. Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a report on Monday, December 29th. Wall Street Zen cut Oportun Financial from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, BTIG Research reiterated a “buy” rating and set a $9.00 price objective on shares of Oportun Financial in a report on Friday, February 27th.

Insider Buying and Selling

In other Oportun Financial news, insider Patrick Kirscht sold 54,299 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total transaction of $266,065.10. Following the completion of the transaction, the insider owned 439,618 shares of the company’s stock, valued at $2,154,128.20. This represents a 10.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kathleen I. Layton sold 19,355 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total transaction of $94,839.50. Following the transaction, the insider directly owned 225,872 shares of the company’s stock, valued at $1,106,772.80. This represents a 7.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Cannell Capital LLC increased its stake in Oportun Financial by 7,067.0% in 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 last quarter. Simcoe Capital LLC bought a new position in shares of Oportun Financial in the 4th quarter valued at about $4,208,000. Millennium Management LLC increased its position in shares of Oportun Financial by 54.1% in the fourth quarter. Millennium Management LLC now owns 1,899,552 shares of the company’s stock valued at $10,049,000 after acquiring an additional 667,271 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Oportun Financial by 30.4% in the third quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company’s stock valued at $12,998,000 after acquiring an additional 490,608 shares during the last quarter. Finally, Segall Bryant & Hamill LLC raised its holdings in Oportun Financial by 236.4% during the fourth quarter. Segall Bryant & Hamill LLC now owns 651,582 shares of the company’s stock worth $3,447,000 after acquiring an additional 457,895 shares in the last quarter. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Stock Performance

Shares of OPRT opened at $4.26 on Friday. The stock has a 50 day simple moving average of $5.23 and a 200 day simple moving average of $5.50. Oportun Financial has a 52-week low of $4.05 and a 52-week high of $7.97. The firm has a market capitalization of $189.57 million, a PE ratio of 8.04 and a beta of 1.18.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. Oportun Financial had a net margin of 2.64% and a return on equity of 14.82%. The company had revenue of $247.80 million during the quarter, compared to analysts’ expectations of $243.48 million. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Equities research analysts predict that Oportun Financial will post 0.94 EPS for the current fiscal year.

About Oportun Financial

Oportun Financial Corporation (NASDAQ: OPRT) is a financial technology company that provides consumer lending products aimed at serving the underbanked and credit-invisible population in the United States. Headquartered in Redwood City, California, Oportun operates a digital platform that enables borrowers to access credit through unsecured personal installment loans, secured credit-builder loans and a proprietary mobile wallet. The company leverages machine learning and alternative data sources to assess creditworthiness, extending financial services to customers with limited or no traditional credit history.

The company’s core offerings include fixed-term installment loans designed to help individuals cover unexpected expenses, consolidate debt or build credit.