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

Oportun Financial Corporation (NASDAQ:OPRT) has earned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $8.1667.

OPRT has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded Oportun Financial from an “underweight” rating to a “neutral” rating and set a $5.50 price objective for the company in a research report on Monday, January 12th. Wall Street Zen cut Oportun Financial from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oportun Financial in a research report on Friday, March 27th. Finally, BTIG Research reiterated a “buy” rating and issued a $9.00 price objective on shares of Oportun Financial in a research report on Friday, February 27th.

Insider Activity 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 completion of the transaction, the insider owned 225,872 shares of the company’s stock, valued at approximately $1,106,772.80. This trade represents a 7.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 sale, the insider owned 439,618 shares in the company, valued at $2,154,128.20. This trade represents a 10.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 9.30% of the company’s stock.

Institutional Investors Weigh In On Oportun Financial

Several hedge funds have recently made changes to their positions in OPRT. Millennium Management LLC boosted its holdings in shares of Oportun Financial by 28.9% during the first quarter. Millennium Management LLC now owns 1,936,797 shares of the company’s stock worth $10,633,000 after purchasing an additional 433,827 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Oportun Financial during the first quarter worth $132,000. Goldman Sachs Group Inc. boosted its holdings in shares of Oportun Financial by 499.3% during the first quarter. Goldman Sachs Group Inc. now owns 313,446 shares of the company’s stock worth $1,721,000 after purchasing an additional 261,147 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Oportun Financial by 7.5% during the first quarter. Empowered Funds LLC now owns 124,980 shares of the company’s stock worth $686,000 after purchasing an additional 8,752 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Oportun Financial by 238.6% during the first quarter. Jane Street Group LLC now owns 191,066 shares of the company’s stock worth $1,049,000 after purchasing an additional 134,643 shares during the last quarter. Institutional investors and hedge funds own 82.70% of the company’s stock.

Oportun Financial Stock Up 0.8%

Shares of NASDAQ OPRT opened at $4.76 on Wednesday. The stock has a market cap of $211.82 million, a PE ratio of 8.98 and a beta of 1.14. Oportun Financial has a 52-week low of $4.03 and a 52-week high of $7.97. The business has a 50-day moving average price of $4.98 and a 200 day moving average price of $5.23.

Oportun Financial (NASDAQ:OPRT) last announced its earnings results on Thursday, February 26th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. The firm had revenue of $247.75 million during the quarter, compared to analysts’ expectations 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 0.94 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.