Brokerages Set Oportun Financial Corporation (NASDAQ:OPRT) PT at $8.00

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have been assigned a consensus rating of “Hold” from the five brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $8.00.

Several research firms have commented on OPRT. Wall Street Zen downgraded Oportun Financial from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. JPMorgan Chase & Co. reduced their price objective on Oportun Financial from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a report on Friday, March 27th. Finally, BTIG Research restated 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 at Oportun Financial

In other Oportun Financial news, insider Kathleen I. Layton sold 19,355 shares of the firm’s stock in a transaction 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 in the company, valued at $1,106,772.80. This trade represents a 7.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Patrick Kirscht sold 54,299 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $4.90, for a total value of $266,065.10. Following the transaction, the insider owned 439,618 shares in the company, valued at $2,154,128.20. The trade was a 10.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Kemnay Advisory Services Inc. bought a new position in shares of Oportun Financial in the 4th quarter worth $28,000. Clearstead Advisors LLC grew its stake in Oportun Financial by 192.9% during the 4th quarter. Clearstead Advisors LLC now owns 5,574 shares of the company’s stock worth $29,000 after buying an additional 3,671 shares during the last quarter. Virtu Financial LLC purchased a new position in Oportun Financial during the 3rd quarter worth $64,000. State of Alaska Department of Revenue purchased a new position in Oportun Financial during the 4th quarter worth $58,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Oportun Financial during the 2nd quarter worth $85,000. 82.70% of the stock is owned by institutional investors.

Oportun Financial Stock Performance

Shares of OPRT stock opened at $5.25 on Thursday. Oportun Financial has a 52-week low of $4.03 and a 52-week high of $7.97. The firm has a market capitalization of $240.14 million, a P/E ratio of 14.19 and a beta of 1.25. The stock has a 50 day moving average price of $5.26 and a 200 day moving average price of $5.21.

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