William Blair analyst Christopher Kennedy has maintained their bullish stance on FLYW stock, giving a Buy rating on May 2.
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Christopher Kennedy has given his Buy rating due to a combination of factors including Flywire’s strong financial performance and strategic positioning. Despite a significant drop in share price year-to-date, Flywire’s recent financial results surpassed market expectations, with adjusted revenue and EBITDA exceeding consensus estimates. The company has reaffirmed its guidance for 2025, projecting solid growth in adjusted revenue and EBITDA margins, which suggests a positive outlook.
Additionally, Flywire’s valuation appears attractive when compared to recent fintech transactions, indicating potential upside. While there are uncertainties in the geopolitical landscape affecting international education, Flywire is well-positioned to capture growth opportunities in both international and domestic markets. The company’s initiatives to tap into nontraditional markets and the underpenetrated U.S. client base further support the Buy rating, as these efforts could drive future growth.
In another report released on May 2, B.Riley Financial also maintained a Buy rating on the stock with a $17.00 price target.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock.