Flywire (NASDAQ:FLYW) Shares Gap Up After Better-Than-Expected Earnings

Flywire Corporation (NASDAQ:FLYW)’s stock price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $19.15, but opened at $20.90. Flywire shares last traded at $20.9070, with a volume of 766,813 shares trading hands.

The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.26. Flywire had a net margin of 4.77% and a return on equity of 4.08%. The firm had revenue of $250.30 million during the quarter, compared to analyst estimates of $233.25 million. During the same period in the previous year, the business posted $0.23 EPS. The business’s quarterly revenue was up 25.1% on a year-over-year basis.

Trending Headlines about Flywire

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q3 revenue rose 25.1% year over year to $250.3 million, ahead of analyst expectations of about $233.3 million. EPS was $0.57, versus a $0.31 consensus estimate, and $0.23 a year earlier. Flywire Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Flywire raised the midpoint of its 2026 FX-neutral revenue-growth guidance, excluding ancillary services, by two percentage points and lifted its adjusted EBITDA margin-growth outlook by 30 basis points. It also outlined a 25%–27% revenue-growth target for 2026 and a 25% adjusted EBITDA margin target for 2027. Flywire outlines growth and margin targets
• Positive Sentiment: B. Riley raised its price target on FLYW to $25, signaling a more favorable analyst valuation view. B. Riley raises Flywire price target
• Neutral Sentiment: Shares had rallied after the earnings beat and raised guidance, so some near-term pullback may reflect investors taking profits; the provided coverage does not identify a new fundamental setback. Flywire rally after earnings

Analysts Set New Price Targets

FLYW has been the subject of several analyst reports. Truist Financial upped their price target on shares of Flywire from $17.00 to $19.00 and gave the company a “hold” rating in a research report on Friday, August 14th. BTIG Research lifted their price objective on Flywire from $20.00 to $22.00 and gave the stock a “buy” rating in a report on Wednesday. Zacks Research downgraded Flywire from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. The Goldman Sachs Group reissued a “neutral” rating and issued a $22.00 target price on shares of Flywire in a research note on Wednesday, August 5th. Finally, Raymond James Financial restated an “outperform” rating and set a $24.00 target price on shares of Flywire in a report on Wednesday. Seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $21.19.

Insider Buying and Selling

In related news, General Counsel Peter Butterfield sold 12,156 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $17.99, for a total value of $218,686.44. Following the sale, the general counsel directly owned 601,022 shares of the company’s stock, valued at $10,812,385.78. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David King sold 36,900 shares of the business’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $18.32, for a total value of $676,008.00. Following the transaction, the insider owned 202,404 shares in the company, valued at approximately $3,708,041.28. This represents a 15.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 592,618 shares of company stock valued at $11,230,341 over the last ninety days. 5.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Flywire

Hedge funds have recently made changes to their positions in the business. Essential Partners LLC increased its position in Flywire by 219.1% during the 1st quarter. Essential Partners LLC now owns 2,288 shares of the company’s stock valued at $27,000 after purchasing an additional 1,571 shares during the period. Nykredit A S bought a new position in Flywire in the 2nd quarter worth $29,000. KBC Group NV purchased a new stake in shares of Flywire in the 1st quarter worth about $38,000. Leonteq Securities AG lifted its position in shares of Flywire by 267.6% in the 1st quarter. Leonteq Securities AG now owns 3,540 shares of the company’s stock worth $41,000 after purchasing an additional 2,577 shares during the period. Finally, IFP Advisors Inc lifted its position in shares of Flywire by 168.7% in the 3rd quarter. IFP Advisors Inc now owns 2,483 shares of the company’s stock worth $43,000 after purchasing an additional 1,559 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Flywire Trading Up 9.3%

The business’s 50 day moving average price is $18.29 and its two-hundred day moving average price is $15.58. The stock has a market cap of $2.55 billion, a P/E ratio of 80.49, a price-to-earnings-growth ratio of 1.24 and a beta of 1.32.

Flywire Company Profile

Flywire Corp. (NASDAQ: FLYW) is a global payments and software company that helps organizations receive and manage payments from customers and clients in multiple countries and currencies. Its platform is designed to simplify complex, cross-border transactions while providing payment tracking, reconciliation and related accounts-receivable capabilities.

The company serves several major verticals, including education, healthcare, travel and business-to-business payments. Its products and services include international and domestic payment processing, digital billing and invoicing, payment plans, embedded payment solutions and tools that help organizations automate reconciliation and improve the payment experience.

Flywire was founded in 2009 as peerTransfer and is headquartered in Boston, Massachusetts.