Enova International Simplifies Terms of Grasshopper Bancorp Merger

Enova International ( (ENVA) ) has shared an update.

On December 18, 2025, Enova International and Grasshopper Bancorp amended their previously announced December 10, 2025 merger agreement to simplify how Grasshopper shareholders are paid in the planned transaction. The amendment removes shareholders’ ability to elect either cash or stock and instead fixes the merger consideration at a uniform mix of 50% cash and 50% Enova stock for all Grasshopper investors, while keeping the overall aggregate consideration unchanged, which streamlines deal mechanics without altering the core terms of the merger and subsequent bank merger structure.

The most recent analyst rating on (ENVA) stock is a Buy with a $180.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Spark’s Take on ENVA Stock

According to Spark, TipRanks’ AI Analyst, ENVA is a Outperform.

Enova International’s overall stock score reflects strong financial performance and strategic corporate actions, such as acquisitions and share buybacks, which enhance growth prospects. However, technical indicators suggest caution due to overbought conditions, and the company’s high leverage requires careful management.

To see Spark’s full report on ENVA stock, click here.

More about Enova International

Enova International, Inc. is a Delaware-based financial services company that is pursuing the acquisition of Grasshopper Bancorp, Inc., the parent of Grasshopper Bank N.A., a national bank. Through this transaction, Enova is seeking to integrate insured bank functionality into its operations, signaling a strategic expansion into regulated banking services.

Average Trading Volume: 264,970

Technical Sentiment Signal: Buy

Current Market Cap: $3.92B

For an in-depth examination of ENVA stock, go to TipRanks’ Overview page.