OppFi rises after Q4 profit beats expectations

Oppfi

05/03/2025 18:06

** 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

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))