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Money Forward, Inc. (JP:3994)
:3994
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Money Forward (3994) Price & Analysis

2 Followers

3994 Stock Chart & Stats

¥5000.00
-¥23.00(-0.47%)
At close: 4:00 PM EST
¥5000.00
-¥23.00(-0.47%)

Bulls Say, Bears Say

Bulls Say
Recurring SaaS Model & Data ConnectivityMoney Forward's core is a subscription-based SaaS stack (accounting, payroll, expense, invoicing) with a financial data aggregation layer. Recurring billing, per-user scaling and embedded data connectivity create sticky client relationships and cross-sell pathways, supporting durable revenue predictability and higher lifetime value.
Multi-year Revenue Growth And 2025 Profitability InflectionSustained top-line expansion and a clear 2025 shift to positive net income, EBITDA and free cash flow indicate the business can scale operationally. That inflection provides evidence of operating leverage and a pathway to durable profitability if the company sustains growth and controls structural costs over multiple quarters.
Improved Balance Sheet And Cash GenerationAn expanding equity base and improved leverage metrics give financial flexibility as the SaaS business scales. The turn to positive operating and free cash flow in 2025 reduces reliance on external financing, enabling the firm to invest in product, M&A or absorb shocks while pursuing long-term growth initiatives.
Bears Say
Operating Profit Still NegativeEven with net income and EBITDA turning positive, persistent operating losses point to structural expense pressure in core operations (sales, R&D, G&A). If operating expenses remain elevated relative to gross margins, sustainable operating profitability could lag, constraining long-term margin expansion.
Historical Cash Flow VolatilityThe company's cash conversion has been uneven, with prior years of negative OCF and deep negative FCF. This volatility signals sensitivity to growth investments and timing of collections, which raises risk that recent positive cash flow may reverse in slower demand periods or as investments reaccelerate.
High Absolute Debt LevelsAlthough debt-to-equity improved, total debt is still sizable and increased recently. High absolute debt creates fixed interest and principal obligations that can strain cash flow during hiccups, heighten refinancing risk and limit strategic optionality if operating performance weakens.

Money Forward News

3994 FAQ

What was Money Forward, Inc.’s price range in the past 12 months?
Money Forward, Inc. lowest stock price was ¥2750.50 and its highest was ¥6794.00 in the past 12 months.
    What is Money Forward, Inc.’s market cap?
    Money Forward, Inc.’s market cap is ¥223.39B.
      When is Money Forward, Inc.’s upcoming earnings report date?
      Money Forward, Inc.’s upcoming earnings report date is Jul 13, 2026 which is in 33 days.
        How were Money Forward, Inc.’s earnings last quarter?
        Money Forward, Inc. released its earnings results on Apr 14, 2026. The company reported ¥33.06 earnings per share for the quarter, beating the consensus estimate of ¥12.712 by ¥20.348.
          Is Money Forward, Inc. overvalued?
          According to Wall Street analysts Money Forward, Inc.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Money Forward, Inc. pay dividends?
            Money Forward, Inc. does not currently pay dividends.
            What is Money Forward, Inc.’s EPS estimate?
            Money Forward, Inc.’s EPS estimate is -7.16.
              How many shares outstanding does Money Forward, Inc. have?
              Money Forward, Inc. has 55,701,813 shares outstanding.
                What happened to Money Forward, Inc.’s price movement after its last earnings report?
                Money Forward, Inc. reported an EPS of ¥33.06 in its last earnings report, beating expectations of ¥12.712. Following the earnings report the stock price went up 7.694%.
                  Which hedge fund is a major shareholder of Money Forward, Inc.?
                  Currently, no hedge funds are holding shares in JP:3994
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Money Forward, Inc.

                    Money Forward, Inc. delivers a comprehensive range of financial solutions tailored for both individual and corporate clients. For personal users, offerings include Money Forward ME, an automated personal finance management service; MONEY PLUS, designed to enhance financial literacy; Money Forward Mall, a digital platform for comparing and applying for financial products such as credit cards and investment accounts; mirai talk, which provides channels for addressing financial concerns; and Tock pop, a dedicated coupon application. The company's extensive business services are largely centered around the Money Forward Cloud platform, encompassing solutions for Accounting, Final Report preparation, Invoice generation, Salary processing, Attendance tracking, My Number identification management, Expense reimbursement, and Fundraising, which facilitates the sharing of cloud data with financial institutions. Additional corporate tools include STREAMED, specializing in automating accounting ledger entries; Manageboard, a cloud service enabling business analysis through imported accounting data; MF KESSAI, an inter-company deferred payment system; BALES, offering inside sales outsourcing and consulting; BALES CLOUD, a cloud-based system for managing inside sales operations; BOXIL, a resource providing pricing, specifications, and user reviews for various Software-as-a-Service options; and Money Forward X, a division dedicated to collaborating with clients on custom service development. Founded in 2012 as Moneybook Co., the company officially adopted its current name, Money Forward, Inc., in December of the same year. Its operations are headquartered in Tokyo, Japan.

                    Money Forward (3994) Earnings & Revenues

                    3994 Stock 12 Month Forecast

                    Average Price Target

                    ¥3,750.00
                    ▼(-25.00% Downside)
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