International Money Express (IMXI) stock rocketed on Monday after the money remittance services company announced results from its Q2 2025 earnings report. This started with adjusted earnings per share of 51 cents, which was just above Wall Street’s estimate of 50 cents. However, it represented a 7.27% drop year-over-year from 55 cents.
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International Money Express reported revenue of $161.1 million in the second quarter of the year. That’s a miss compared to analysts’ estimate of $164.5 million for the quarter. The company’s revenue also fell 6.1% year-over-year from $171.5 million. This was mainly due to “a reduction in service fees from a lower number of transactions.”
International Money Express stock was up 60.88% in pre-market trading on Monday, following a 0.43% rally on Friday. The shares have fallen 55.45% year-to-date and 43.96% over the past 12 months. Today’s news saw some 700,000 shares traded, which is more than double its three-month daily average.
What’s Next for International Money Express Stock?
International Money Express didn’t provide a guidance update, but there’s a good reason for that. The company announced yesterday that it will be acquired by Western Union (WU) for $15 per share in cash. A closing period for the deal wasn’t revealed by International Money Express.
Is International Money Express Stock a Buy, Sell, or Hold?
Turning to Wall Street, coverage of International Money Express stock is thin. Fortunately, TipRanks’ AI analyst Spark has it covered. Spark rates IMXI stock a Neutral (67) with a $10.50 price target, representing a potential 13.15% upside for the shares. It cites “a stable financial position with strong growth potential, particularly in digital transactions” as reasons for this stance.
