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

Shares of Oportun Financial Corporation (NASDAQ:OPRT) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $8.1667.

A number of brokerages have commented on OPRT. Wall Street Zen cut shares of Oportun Financial from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings restated a “sell (d+)” rating on shares of Oportun Financial in a research note on Monday, December 29th. JPMorgan Chase & Co. raised shares of Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 target price on the stock in a report on Monday, January 12th. Finally, BTIG Research reiterated a “buy” rating and issued a $9.00 target price on shares of Oportun Financial in a research note on Friday, February 27th.

Insider Activity at Oportun Financial

In other news, insider Kathleen I. Layton sold 19,355 shares of Oportun Financial stock in a transaction that occurred 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 completion of 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Patrick Kirscht sold 54,299 shares of the business’s stock in a transaction that occurred 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 directly 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. 9.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Oportun Financial

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Oportun Financial by 30.4% during the third quarter. Vanguard Group Inc. now owns 2,106,640 shares of the company’s stock worth $12,998,000 after purchasing an additional 490,608 shares during the period. Millennium Management LLC raised its position in shares of Oportun Financial by 28.9% in the first quarter. Millennium Management LLC now owns 1,936,797 shares of the company’s stock valued at $10,633,000 after purchasing an additional 433,827 shares during the period. Cannell Capital LLC lifted its stake in shares of Oportun Financial by 7,067.0% during 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. Geode Capital Management LLC lifted its stake in shares of Oportun Financial by 7.6% during the 4th quarter. Geode Capital Management LLC now owns 1,266,447 shares of the company’s stock worth $6,701,000 after buying an additional 89,540 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Oportun Financial by 11.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,129,065 shares of the company’s stock worth $5,973,000 after buying an additional 116,951 shares during the period. Institutional investors and hedge funds own 82.70% of the company’s stock.

Oportun Financial Stock Down 7.0%

Shares of Oportun Financial stock opened at $4.26 on Friday. The stock has a market cap of $189.57 million, a P/E ratio of 8.04 and a beta of 1.18. Oportun Financial has a 12-month low of $4.05 and a 12-month high of $7.97. The business’s 50 day moving average is $5.23 and its 200-day moving average is $5.50.

Oportun Financial (NASDAQ:OPRT) last released its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.03. The business had revenue of $247.80 million during the quarter, compared to analysts’ expectations of $243.48 million. Oportun Financial had a net margin of 2.64% and a return on equity of 14.82%. Oportun Financial has set its FY 2026 guidance at 1.500-1.650 EPS. On average, sell-side analysts expect that Oportun Financial will post 0.94 EPS 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.