H.C. Wainwright analyst Scott Buck maintained a Buy rating on Mogo Finance Technology today and set a price target of $4.00.
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Scott Buck’s rating is based on Mogo Finance Technology’s strong financial performance and strategic initiatives. The company reported third-quarter 2025 revenue of C$17.0 million, surpassing the forecast of C$16.1 million, indicating robust growth in its core payments and wealth business lines. Year-over-year increases of 11.0% and 27.0% in these segments demonstrate the company’s upward trajectory.
Furthermore, Mogo’s plans to launch a new wealth platform and integrate cryptocurrency trading by 2026 are expected to drive significant growth. The company’s exploration of stablecoins and potential acquisitions to scale operations further enhance its growth prospects. With a solid balance sheet and a unique position in the fintech space, Mogo is poised to capitalize on the growing demand for cryptocurrencies, justifying the Buy rating and recommendation for investors to accumulate shares at a discounted price.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MOGO in relation to earlier this year.