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

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have received a consensus rating of “Hold” from the five ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $8.00.

OPRT has been the subject of several recent analyst reports. BTIG Research restated a “buy” rating and issued a $9.00 price target on shares of Oportun Financial in a research note on Friday, February 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a research report on Friday, March 27th. Wall Street Zen cut Oportun Financial from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, JPMorgan Chase & Co. reduced their target price on Oportun Financial from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th.

Insider Buying and Selling at Oportun Financial

In related news, insider Patrick Kirscht sold 54,299 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $4.90, for a total value of $266,065.10. Following the completion of the sale, the insider owned 439,618 shares of the company’s stock, valued at approximately $2,154,128.20. The trade was a 10.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kathleen I. Layton sold 19,355 shares of the stock in a transaction on Tuesday, March 10th. The shares were 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 in the company, valued at approximately $1,106,772.80. The trade was a 7.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OPRT. Cannell Capital LLC boosted its holdings 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 worth $11,465,000 after buying an additional 1,578,902 shares during the last quarter. Simcoe Capital LLC acquired a new position in shares of Oportun Financial during the fourth quarter valued at approximately $4,208,000. Millennium Management LLC lifted 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 in the last quarter. Vanguard Group Inc. boosted its stake 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 worth $12,998,000 after acquiring an additional 490,608 shares during the last quarter. Finally, Segall Bryant & Hamill LLC boosted its stake in shares of Oportun Financial by 236.4% in 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 during the last quarter. 82.70% of the stock is owned by hedge funds and other institutional investors.

Oportun Financial Stock Down 5.9%

Shares of OPRT stock opened at $5.73 on Friday. The stock has a market cap of $254.99 million, a PE ratio of 10.81 and a beta of 1.30. The business has a 50-day simple moving average of $5.06 and a 200-day simple moving average of $5.18. Oportun Financial has a 52-week low of $4.03 and a 52-week high of $7.97.

Oportun Financial (NASDAQ:OPRT) last posted its earnings results on Thursday, February 26th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.24 by $0.03. The firm had revenue of $247.75 million for the quarter, compared to analyst estimates of $243.48 million. Oportun Financial had a return on equity of 14.82% and a net margin of 2.64%.Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. Sell-side analysts anticipate that Oportun Financial will post 1.2 earnings per share for the current fiscal year.

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.