OppFi rises after Q4 profit beats expectations
ReutersMar 5, 2025 6:06 PM
Shares of specialty finance firm OppFi OPFI.N jump as much as 20.6%; last up 5.6% at $9.87
OPFI reports Q4 profit above Wall Street expectations, beating estimates for the eighth straight quarter
Co also forecasts FY 2025 revenue and adjusted profit above expectations
Northland Securities raises PT to $13 from $10, a 39% upside to stock's last close
Says 2025 outlook reflects continued strong momentum for OPFI and a return to double-digit revenue growth
Brokerage says OPFI's focus on growing its customer base by new targeted credit and marketing initiatives continues to drive strong demand for loans
One of two brokerages rates the stock "buy" and one "hold"; median PT is $10 - LSEG-compiled data
OPFI stock up 30% YTD
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