Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
FlexShopper ( (FPAY) ) just unveiled an update.
On July 27, 2025, Denis Echtchenko resigned from the Board of Directors of FlexShopper, Inc., with the company disagreeing with his reasons for stepping down. Echtchenko’s resignation was followed by the appointment of Steven Varner, a seasoned executive with extensive experience in financial and operational roles, as his successor. Varner’s appointment aligns with the Investor Rights Agreement with B2 FIE, which allows them to nominate a director as long as they maintain a certain ownership percentage. This change in the board is expected to help FlexShopper navigate its current challenges.
The most recent analyst rating on (FPAY) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on FlexShopper stock, see the FPAY Stock Forecast page.
Spark’s Take on FPAY Stock
According to Spark, TipRanks’ AI Analyst, FPAY is a Neutral.
FlexShopper’s financial performance is the most significant concern, with high leverage and negative cash flow posing substantial risks. Technical analysis suggests potential stabilization, but valuation metrics are poor due to unprofitability. The positive corporate event offsets some financial concerns by enhancing operational capacity.
To see Spark’s full report on FPAY stock, click here.
More about FlexShopper
Average Trading Volume: 64,687
Technical Sentiment Signal: Sell
Current Market Cap: $27.69M
For detailed information about FPAY stock, go to TipRanks’ Stock Analysis page.