Oppenheimer Posts Record 2025 Earnings on Strong Markets and Deal Activity

An update from Oppenheimer Holdings ( (OPY) ) is now available.

Oppenheimer Holdings reported record results for the fourth quarter and full year 2025, with quarterly net income surging to $74.4 million from $10.7 million a year earlier and revenue rising 25.9% to $472.6 million. For the full year, net income more than doubled to $148.4 million on revenue of $1.64 billion, driven by broad-based strength across its core businesses, notably near-record Capital Markets revenue on strong investment banking activity and improved Wealth Management performance fueled by record retail commissions, record advisory fees and higher assets under management. Expenses climbed on higher production-related compensation, incentive accruals and increased underwriting and technology costs, but robust earnings pushed book value and tangible book value per share to record levels. The firm also returned capital to shareholders with a special $1.00 per share dividend and ongoing share repurchases, underscoring management’s confidence amid a favorable macro backdrop of rising equity markets, accommodative Federal Reserve policy and strong corporate earnings, including heightened interest in artificial intelligence–related investments.

The most recent analyst rating on (OPY) stock is a Hold with a $84.00 price target. To see the full list of analyst forecasts on Oppenheimer Holdings stock, see the OPY Stock Forecast page.

Spark’s Take on OPY Stock

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

Oppenheimer Holdings’ strong technical indicators and attractive valuation are the primary drivers of its overall score. The company’s solid financial performance is tempered by cash flow challenges, but the special dividend announcement highlights management’s confidence in future growth. The absence of earnings call data limits further insights into operational performance.

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

More about Oppenheimer Holdings

Oppenheimer Holdings Inc. is a New York–based financial services firm operating primarily through its Wealth Management and Capital Markets segments. The company provides investment banking, advisory, brokerage and asset management services, with a strong focus on retail and institutional clients, and generates significant revenue from commissions, advisory fees, underwriting and alternative investments across U.S. equity and capital markets.

Average Trading Volume: 41,182

Technical Sentiment Signal: Buy

Current Market Cap: $783.4M

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