Oportun Financial (NASDAQ:OPRT) Shares Up 3.1% – Time to Buy?

Oportun Financial Corporation (NASDAQ:OPRT)’s share price traded up 3.1% on Thursday . The company traded as high as $5.66 and last traded at $5.63. Approximately 330,137 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 478,909 shares. The stock had previously closed at $5.46.

Analyst Ratings Changes

OPRT has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Oportun Financial in a report on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $7.00.

Oportun Financial Stock Up 3.1%

The stock has a market capitalization of $258.42 million, a P/E ratio of 15.22 and a beta of 1.23. The company has a 50-day moving average price of $5.41 and a two-hundred day moving average price of $5.25.

Oportun Financial (NASDAQ:OPRT) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. The company had revenue of $228.76 million during the quarter, compared to analyst estimates of $228.58 million. Oportun Financial had a net margin of 1.87% and a return on equity of 12.14%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, sell-side analysts expect that Oportun Financial Corporation will post 1.13 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Oportun Financial by 5.8% in the third quarter. Rhumbline Advisers now owns 51,467 shares of the company’s stock worth $318,000 after buying an additional 2,817 shares in the last quarter. Flaharty Asset Management LLC increased its stake in Oportun Financial by 23.1% in the 4th quarter. Flaharty Asset Management LLC now owns 16,000 shares of the company’s stock worth $85,000 after acquiring an additional 3,000 shares during the last quarter. Clearstead Advisors LLC raised its holdings in shares of Oportun Financial by 192.9% in the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock valued at $29,000 after acquiring an additional 3,671 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in shares of Oportun Financial in the 4th quarter valued at about $28,000. Finally, Mackenzie Financial Corp boosted its position in shares of Oportun Financial by 11.7% during the 3rd quarter. Mackenzie Financial Corp now owns 56,477 shares of the company’s stock valued at $348,000 after acquiring an additional 5,908 shares during the last quarter. Institutional investors own 82.70% of the company’s stock.

Oportun Financial Company Profile

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.