Mogo Finance Technology: Undervalued Growth Potential with Strategic Acquisition and Market Outperformance

In a report released today, Scott Buck from H.C. Wainwright reiterated a Buy rating on Mogo Finance Technology (MOGO – Research Report), with a price target of $4.00.

Scott Buck has given his Buy rating due to a combination of factors that highlight Mogo Finance Technology’s growth potential and current undervaluation. The recent acquisition of WonderFi significantly enhances Mogo’s financial position by providing growth capital and strengthening its balance sheet. This acquisition has already led to a substantial increase in Mogo’s share price, outperforming the broader market. The deal is expected to close in the third quarter of 2025, and it offers Mogo a considerable premium on its investment in WonderFi, which can be used to accelerate growth in its wealth and payment verticals.
Furthermore, Scott Buck notes that Mogo’s shares are currently trading at a significant discount compared to its fintech peers, which suggests a potential for share repurchases and further appreciation. The company’s ability to grow its wealth and payments sectors at impressive rates supports the possibility of expanding valuation multiples, aligning more closely with higher-valued fintech companies. Despite the risks associated with technology, partnerships, and economic conditions, the potential upside in Mogo’s share price, as reflected in the $4 price target, represents a notable opportunity for investors.

According to TipRanks, Buck is an analyst with an average return of -20.0% and a 25.05% success rate. Buck covers the Technology sector, focusing on stocks such as Veritone, Mogo Finance Technology, and Intrusion.