Enova International (ENVA) AI Stock Analysis

• Market Cap: $3.23B
• Dividend Yield: N/A
• Average Volume (3M): 236.04K
• Price to Earnings (P/E): 12.0
• Beta (1Y): 1.33
• Revenue Growth: 21.10%
• EPS Growth: 76.12%
• Country: US
• Employees: 1,787
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 3.36
• Shares Outstanding: 24,801,579
• 10 Day Avg. Volume: 164,104
• 30 Day Avg. Volume: 236,045
• PEG Ratio: 0.34
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 1.73
• Enterprise Value/Market Cap: 2.11
• Enterprise Value/Revenue: 2.24
• Enterprise Value/Gross Profit: 4.83
• Enterprise Value/Ebitda: 16.12
• 1Y Price Target: $145.75
• Price Target Upside: 11.35% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 12.74
• Revenue Forecast (FY): $3.15B

• Rating: 73 Outperform
• Price Target: $135.00 ▲(3.14% Upside)

Enova International's overall stock score reflects its strong financial performance and positive earnings call, which highlight significant growth and operational efficiency. The technical analysis and valuation suggest a stable but undervalued stock, with potential upside if market perceptions align with financial results. The main risk is the company's increasing leverage, which requires careful management.

Positive Factors

Revenue Growth

Consistent revenue growth reflects strong demand and effective market penetration, supporting long-term business expansion and stability.

Operational Efficiency

Improved EPS and operational efficiency indicate strong cost management and profitability, enhancing the company's competitive position.

Cash Generation

Robust cash generation supports strategic investments and operational resilience, ensuring financial flexibility and growth potential.

Negative Factors

High Leverage

Elevated leverage can increase financial risk, limiting flexibility and potentially impacting long-term financial stability in volatile markets.

Gross Margin Pressure

Decreasing gross margins suggest rising cost pressures, which could erode profitability if not managed effectively over the long term.

Consumer Credit Adjustment

Past credit quality issues in consumer products highlight potential risks in credit assessment, impacting future lending strategies and profitability.

Enova International Business Overview & Revenue Model

Company Description

Enova International (ENVA) is a leading technology and analytics company that specializes in providing online financial services to consumers and small businesses. Operating primarily in the fintech sector, Enova offers a range of products including personal loans, lines of credit, and small business financing solutions. The company leverages advanced data analytics and technology to assess credit risk and deliver tailored financial products to underserved markets, focusing on providing quick and accessible funding options via its various online platforms.

How the Company Makes Money

Enova generates revenue primarily through interest and fees associated with its lending products. The company offers a variety of personal loans and lines of credit, which are typically characterized by higher interest rates compared to traditional banking products, thus allowing for significant margins. In addition to interest income, Enova earns revenue from origination fees, late fees, and other service charges related to its loans. The company also benefits from partnerships with various online platforms and affiliates that help drive customer acquisition and expand its market reach. By utilizing advanced data analytics, Enova can optimize its underwriting processes, leading to lower default rates and higher profitability. Overall, Enova's revenue model is heavily reliant on the volume of loans issued and the effective management of credit risk.

Enova International Financial Statement Overview

Summary

Enova International demonstrates strong financial health with robust revenue growth and effective cash generation. The company shows solid profitability margins, although increased leverage poses a potential risk. Efficient cash flow generation positions Enova well for future growth.

Income Statement

Enova International has demonstrated strong revenue growth, increasing from $1,737 million in 2022 to $2,929 million TTM, showcasing a robust growth trajectory. The gross profit margin for TTM stands at 22.5%, with a net profit margin of 8.7%. While these margins indicate solid profitability, the gross profit margin has decreased compared to previous years, suggesting increased cost pressures. The EBIT margin of 22.7% and EBITDA margin of 10.4% reflect strong operational performance.

Balance Sheet

The company maintains a high debt-to-equity ratio of 3.23, indicating significant leverage, which poses potential risk in volatile economic conditions. However, Enova's return on equity (ROE) for TTM is a commendable 20.9%, reflecting efficient use of equity to generate profits. The equity ratio is 21.5%, suggesting a moderate proportion of assets financed by equity. Overall, while leverage is high, profitability and asset management remain strong.

Cash Flow

Enova's cash flow performance is impressive, with a significant operating cash flow to net income ratio of 6.51, indicating strong cash generation capabilities. The free cash flow has grown substantially, with a free cash flow to net income ratio of 6.33, highlighting effective cash management. The company has shown consistent free cash flow generation, supporting its capacity to fund operations and strategic initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.04B	2.66B	2.12B	1.74B	1.21B	1.08B
Gross Profit	1.41B	1.24B	1.04B	1.00B	947.75M	597.50M
EBITDA	423.67M	334.52M	265.51M	304.97M	371.93M	290.84M
Net Income	293.10M	209.45M	175.12M	207.42M	256.30M	377.84M
Balance Sheet
Total Assets	5.96B	5.27B	4.59B	3.78B	2.76B	2.11B
Cash, Cash Equivalents and Short-Term Investments	53.60M	73.91M	377.44M	100.17M	165.48M	297.27M
Total Debt	4.14B	3.60B	2.99B	2.29B	1.43B	1.01B
Total Liabilities	4.68B	4.07B	3.35B	2.59B	1.67B	1.19B
Stockholders Equity	1.28B	1.20B	1.24B	1.19B	1.09B	917.35M
Cash Flow
Free Cash Flow	1.71B	1.50B	1.12B	850.37M	442.19M	711.38M
Operating Cash Flow	1.75B	1.54B	1.17B	894.00M	471.87M	740.87M
Investing Cash Flow	-2.22B	-1.91B	-1.49B	-1.67B	-980.37M	83.58M
Financing Cash Flow	573.70M	318.88M	526.54M	724.87M	365.15M	-535.97M

Enova International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 130.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENVA, the sentiment is Positive. The current price of 130.89 is above the 20-day moving average (MA) of 126.04, above the 50-day MA of 119.43, and above the 200-day MA of 107.04, indicating a bullish trend. The MACD of 2.97 indicates Negative momentum. The RSI at 62.45 is Neutral, neither overbought nor oversold. The STOCH value of 86.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENVA.

Enova International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENVA	73 Outperform	$3.23B	11.96	23.81%	―	21.10%	76.12%
BFH	71 Outperform	$3.17B	7.06	14.81%	1.21%	-4.32%	58.34%
FINV	71 Outperform	$1.30B	3.50	17.76%	5.62%	9.32%	29.40%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
LC	66 Neutral	$2.12B	20.72	7.40%	―	9.68%	94.85%
WU	65 Neutral	$2.77B	3.78	97.70%	10.79%	-2.51%	17.47%
LU	52 Neutral	$2.43B	―	―	―	―	―

Enova International Corporate Events

Enova International’s Subsidiary Issues $261.4M in Notes

On November 13, 2025, Enova International‘s subsidiary, OnDeck Asset Securitization IV, LLC, issued $261.4 million in Fixed-Rate Asset Backed Notes as part of a securitization transaction. The proceeds from this transaction were used to purchase small business loans, which will serve as collateral for the notes. This move is expected to enhance Enova’s financial flexibility and strengthen its position in the small business lending market. The transaction involves various compliance requirements and covenants to ensure the stability and performance of the asset-backed securitization facility.

The most recent analyst rating on (ENVA) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Announces $400 Million Share Buyback

On November 12, 2025, Enova International announced that its Board of Directors authorized a new $400 million share repurchase program, replacing the existing $300 million program. This move, the largest in the company’s history, underscores Enova’s confidence in its business model and long-term growth prospects, while maintaining financial flexibility to enhance shareholder value through investments and share repurchases.

The most recent analyst rating on (ENVA) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Announces Asset-Backed Notes Offering

On October 30, 2025, Enova International, Inc. announced that its subsidiary, OnDeck Asset Securitization IV, LLC, plans to offer $261,434,000 in Series 2025-2 Fixed Rate Asset-Backed Notes in a private transaction. The proceeds will be used to purchase small business loans from OnDeck, which will serve as collateral for the notes. The transaction is expected to close around November 13, 2025, with the notes maturing on November 17, 2032. This move is part of Enova’s strategy to leverage its small business loan portfolio, although the notes will not be obligations of Enova or OnDeck, and are offered only to qualified institutional buyers.

The most recent analyst rating on (ENVA) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Reveals Loan Performance Data for Offering

Enova International announced a proposed private offering of $261,434,000 in Series 2025-2 Fixed Rate Asset-Backed Notes through its subsidiary OnDeck Asset Securitization IV, LLC. The proceeds will be used to purchase small business loans from OnDeck, which will serve as collateral for the notes. The offering targets qualified institutional buyers and is not registered under the Securities Act of 1933. On October 30, 2025, Enova disclosed supplemental historical loan performance data to potential purchasers, highlighting specific subsets of OnDeck’s U.S. term loans and lines of credit. This data, while not directly comparable to previous reports, provides insights into loan performance and delinquency rates, which could impact investor interest and pricing of the notes.

The most recent analyst rating on (ENVA) stock is a Buy with a $150.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International’s Earnings Call Highlights Robust Growth

Enova International Inc. recently held its earnings call, showcasing a strong financial performance with significant growth in originations and revenue, stable credit metrics, and operational efficiency. Despite these positive outcomes, there were concerns regarding a previous consumer credit adjustment and the company’s current market valuation.

Enova International Reports Strong Q3 2025 Growth

Enova International Inc. is a prominent online financial services company that caters to small businesses and consumers who are underserved by traditional banks, leveraging advanced analytics and machine learning to offer a diverse range of financial products.

Enova International Amends Credit Facility Agreement

On August 28, 2025, Enova International, Inc. and its subsidiaries amended their secured asset-backed revolving credit facility with Bank of Montreal, increasing the total commitment from $665 million to $825 million, extending the maturity date to August 28, 2029, and reducing interest rates. This amendment is expected to enhance Enova’s financial flexibility and operational capacity, potentially strengthening its market position and offering improved terms for stakeholders.

The most recent analyst rating on (ENVA) stock is a Buy with a $123.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.