Oportun Financial Corporation (NASDAQ:OPRT) Receives $7.33 Average PT from Brokerages

Oportun Financial Corporation (NASDAQ:OPRT) has been assigned an average rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $7.3333.

OPRT has been the topic of a number of research analyst reports. Stephens lifted their price target on Oportun Financial from $7.00 to $8.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Wall Street Zen raised Oportun Financial from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a research report on Wednesday, June 24th.

Institutional Trading of Oportun Financial

A number of hedge funds have recently made changes to their positions in OPRT. Meros Investment Management LP acquired a new position in Oportun Financial in the 2nd quarter worth about $6,425,069. Simcoe Capital LLC acquired a new stake in shares of Oportun Financial during the 4th quarter valued at about $4,208,000. Dimensional Fund Advisors LP lifted its holdings in shares of Oportun Financial by 20.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,363,788 shares of the company’s stock valued at $6,287,000 after buying an additional 234,723 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Oportun Financial during the 1st quarter valued at about $1,268,000. Finally, Empowered Funds LLC bought a new stake in shares of Oportun Financial in the 2nd quarter valued at approximately $1,162,000. 82.70% of the stock is owned by hedge funds and other institutional investors.

Oportun Financial Stock Performance

Shares of NASDAQ:OPRT opened at $7.87 on Monday. The firm has a 50 day simple moving average of $6.56 and a 200 day simple moving average of $5.66. Oportun Financial has a 52 week low of $4.03 and a 52 week high of $8.30. The company has a market cap of $361.94 million, a PE ratio of 19.68 and a beta of 1.24.

Oportun Financial (NASDAQ:OPRT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. The firm 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 analysts predict that Oportun Financial will post 1.32 earnings per share for the current 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.