Flywire (NASDAQ:FLYW – Free Report) had its price objective lifted by JPMorgan Chase & Co. from $20.00 to $23.00 in a research report sent to investors on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.
FLYW has been the subject of a number of other research reports. Citigroup reissued a “neutral” rating on shares of Flywire in a report on Thursday, August 6th. B. Riley Financial reaffirmed a “buy” rating and issued a $25.00 price target (up from $24.00) on shares of Flywire in a research note on Wednesday. BTIG Research lifted their price target on Flywire from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings upgraded Flywire from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, September 1st. Finally, Zacks Research downgraded Flywire from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Flywire currently has a consensus rating of “Hold” and a consensus price target of $21.73.
Check Out Our Latest Research Report on FLYW
Flywire Stock Up 13.9%
FLYW stock opened at $21.81 on Wednesday. Flywire has a 52 week low of $10.55 and a 52 week high of $22.17. The firm has a 50-day simple moving average of $18.34 and a 200-day simple moving average of $15.62. The stock has a market capitalization of $2.65 billion, a P/E ratio of 36.35, a P/E/G ratio of 1.22 and a beta of 1.32.
Flywire (NASDAQ:FLYW – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.26. Flywire had a net margin of 10.34% and a return on equity of 9.46%. The firm had revenue of $250.30 million for the quarter, compared to analyst estimates of $233.25 million. During the same period last year, the company posted $0.23 EPS. Flywire’s quarterly revenue was up 25.1% compared to the same quarter last year. On average, analysts expect that Flywire will post 0.40 earnings per share for the current year.
Insider Buying and Selling
In other Flywire news, General Counsel Peter Butterfield sold 12,156 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $17.99, for a total value of $218,686.44. Following the completion of the sale, the general counsel owned 601,022 shares in the company, valued at approximately $10,812,385.78. This represents a 1.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Voss Capital, Lp sold 172,973 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $19.19, for a total transaction of $3,319,351.87. Following the completion of the sale, the insider owned 369,168 shares of the company’s stock, valued at approximately $7,084,333.92. The trade was a 31.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 647,943 shares of company stock worth $12,339,607. 5.00% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP boosted its stake in Flywire by 1.2% during the second quarter. Wellington Management Group LLP now owns 5,340,579 shares of the company’s stock worth $93,834,000 after buying an additional 64,998 shares during the last quarter. Jennison Associates LLC grew its holdings in Flywire by 19.9% in the 1st quarter. Jennison Associates LLC now owns 5,298,881 shares of the company’s stock valued at $61,679,000 after buying an additional 878,248 shares in the last quarter. Wasatch Advisors LP acquired a new stake in shares of Flywire in the 2nd quarter worth $44,026,000. Dimensional Fund Advisors LP increased its stake in shares of Flywire by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,886,865 shares of the company’s stock worth $21,962,000 after acquiring an additional 295,960 shares during the last quarter. Finally, One Way Holdings LLC increased its stake in shares of Flywire by 7.2% in the 3rd quarter. One Way Holdings LLC now owns 1,131,863 shares of the company’s stock worth $19,808,000 after acquiring an additional 76,310 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.
More Flywire News
Here are the key news stories impacting Flywire this week:
- Positive Sentiment: Flywire reported Q3 EPS of $0.57, above the $0.31 consensus, and revenue of $250.3 million, ahead of expectations of about $233.3 million. Revenue grew 25.1% year over year. Flywire Reports Third Quarter 2026 Financial Results
- Positive Sentiment: The company raised its 2026 FX-neutral revenue-growth outlook (excluding ancillary services) to 25%–27%, and increased its adjusted EBITDA margin-growth outlook. Management also outlined a target of a 25% adjusted EBITDA margin in 2027, supporting expectations for continued growth and improving profitability. Flywire outlines 2026 growth and 2027 margin targets
- Positive Sentiment: Several analysts raised their price targets after the results: B. Riley lifted its target to $25 and reaffirmed a Buy rating, while BTIG raised its target to $22 and named Flywire a small-cap top pick. JPMorgan raised its target to $23 but maintained a Neutral rating. B. Riley target update
- Neutral Sentiment: Morgan Stanley expects high-teens growth in revenue less ancillary services in 2027, suggesting analysts see continued expansion, though at a slower pace than the company’s 2026 outlook. Morgan Stanley growth outlook
- Negative Sentiment: Insider David King sold 55,325 shares, reducing his direct holdings by 27.33%. The sale was made under a pre-arranged Rule 10b5-1 plan, which somewhat limits its significance as a signal about near-term business prospects. SEC Form 4 filing
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.
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