OppFi (OPFI) AI Stock Analysis

• Market Cap: $701.51M
• Dividend Yield: N/A
• Average Volume (3M): 470.71K
• Price to Earnings (P/E): 0.5
• Beta (1Y): 1.53
• Revenue Growth: 9.63%
• EPS Growth: -112.71%
• Country: US
• Employees: 445
• Sector: Financial
• Sector Strength: 70
• Industry: Software - Application
• EPS (TTM): 0.30
• Shares Outstanding: 27,664,310
• 10 Day Avg. Volume: 580,635
• 30 Day Avg. Volume: 470,712
• PEG Ratio: 0.06
• Price to Book (P/B): 4.74
• Price to Sales (P/S): 0.46
• P/FCF Ratio: 0.73
• Enterprise Value/Market Cap: 1.39
• Enterprise Value/Revenue: 1.63
• Enterprise Value/Gross Profit: 1.71
• Enterprise Value/Ebitda: 4.85
• 1Y Price Target: $16.00
• Price Target Upside: 94.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 1.74
• Revenue Forecast (FY): $663.07M

• Rating: 70 Outperform
• Price Target: $9.00 ▲(9.22% Upside)
• Action: Upgraded Date: 03/13/26
• Date: Action: Upgraded 03/13/26

The score is driven primarily by strong cash flow generation and improved profitability, supported by very low valuation. These positives are tempered by weak technical trend/momentum (below major moving averages with negative MACD) and earnings-call risks tied to higher charge-offs/credit stress and macro sensitivity, despite upbeat 2026 guidance.

Positive Factors

Cash Generation

Very strong operating and free cash flow (~$401M) indicates durable cash conversion and earnings quality. This supports reinvestment in product development, opportunistic debt reduction or securitization, and capacity to fund growth initiatives without reliance on volatile external equity raises.

Profitability & Margins

A meaningful profit rebound with very high gross margins signals improved unit economics and pricing power. If sustained, these margins provide resilience through credit cycles, enable reinvestment in technology and marketing, and support higher returns even if revenue growth moderates.

Liquidity & Funding Capacity

Ample funding capacity and cash balances give OppFi structural flexibility to originate loans, absorb vintage volatility, and support new product launches (LOLA, LOC). Robust liquidity reduces refinancing risk and underpins partner programs and securitization activity over the medium term.

Negative Factors

Sizable Debt

Material outstanding debt and a history of thin/negative equity limit financial flexibility. Debt servicing and covenant risk can constrain strategic choices, make the company sensitive to higher rates, and reduce ability to absorb credit shocks or fund longer product rollouts without increased cost.

Top-line Trajectory

A weaker revenue trajectory, if persistent, undermines scalability of fixed-cost investments and risks relying on margin improvements to deliver profits. Sustained top-line pressure can force tighter underwriting, slow product expansion, and make partnership economics harder to maintain long term.

Credit Performance Risk

Elevated delinquencies and a recent spike in net charge-offs highlight ongoing credit sensitivity. Persistent or worsening vintage performance would erode yields and cash flow, raise funding costs, and could necessitate tighter underwriting that limits growth and stresses partner economics over several quarters.

OppFi Business Overview & Revenue Model

Company Description

OppFi Inc. operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the OppLoan, an installment loan product; SalaryTap, a payroll deduction secured installment loan product; and OppFi Card, a credit card product. The company is based in Chicago, Illinois.

How the Company Makes Money

OppFi generates revenue primarily from fees and interest-related economics associated with consumer credit products originated through its platform. Its core model is to use its proprietary underwriting, servicing, and analytics technology to help originate and manage installment loans for partner financial institutions; in these arrangements, OppFi typically earns program-related revenue tied to the loans it helps originate and service (for example, through servicing/technology fees and other contractually defined economics). OppFi may also purchase or hold interests in certain loans or residual cash flows depending on program structure; when it has economic exposure to loan performance, it can earn interest income and/or fair-value changes associated with those interests, and it bears related credit risk. In addition, the company’s earnings are influenced by loan origination volumes, credit performance (loss rates), funding and securitization structures used in its programs (where applicable), and the terms of its bank/financial-institution partnerships that enable product distribution and regulatory compliance.

OppFi Financial Statement Overview

Summary

Strong profitability rebound and very high cash generation (operating cash flow and free cash flow both ~$401M with solid cash conversion) support the score. Offsets include a weaker top-line trajectory in the provided financial statement notes and a balance sheet that, while improved, still carries sizable debt and a history of elevated leverage risk.

Income Statement

Profitability improved meaningfully in 2025 (annual), with net income rising sharply to $146.2M and net margin expanding to ~38% versus ~1% in 2024, alongside very strong gross margins (~83%). The main offset is growth: revenue declined ~34% in 2025 after modest growth in 2024, creating a weaker top-line trajectory despite the earnings rebound.

Balance Sheet

Leverage appears materially improved in 2025 (annual), with debt-to-equity moving to ~1.0x from very elevated levels in 2023–2024, and equity expanding to ~$308.9M. However, total debt remains sizable (~$321.4M), and the company’s balance sheet history shows periods of thin/negative equity and extreme leverage, which elevates risk relative to more consistently capitalized peers.

Cash Flow

Cash generation is a clear strength: operating cash flow increased to ~$401.3M in 2025 (annual) and free cash flow also reached ~$401.3M, up ~11% year over year. Free cash flow is closely aligned with reported earnings (free cash flow to net income ~1.0), signaling strong earnings quality and solid cash conversion.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	597.05M	525.96M	508.95M	452.86M	350.57M
Gross Profit	567.71M	420.78M	401.52M	357.72M	261.40M
EBITDA	200.66M	308.60M	290.51M	244.77M	100.53M
Net Income	26.33M	7.26M	-1.00M	7.10M	25.55M
Balance Sheet
Total Assets	754.09M	641.17M	601.54M	579.84M	502.11M
Cash, Cash Equivalents and Short-Term Investments	93.26M	61.34M	31.79M	16.24M	25.06M
Total Debt	339.29M	332.05M	349.18M	363.62M	274.02M
Total Liabilities	445.21M	406.96M	407.51M	420.69M	344.23M
Stockholders Equity	58.48M	32.77M	10.44M	-494.00K	-9.04M
Cash Flow
Free Cash Flow	382.19M	310.80M	287.15M	230.05M	152.97M
Operating Cash Flow	401.31M	323.81M	296.15M	243.30M	167.35M
Investing Cash Flow	-307.80M	-243.44M	-244.29M	-317.24M	-199.47M
Financing Cash Flow	-88.53M	-66.02M	-27.58M	61.26M	48.83M

OppFi Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OPFI, the sentiment is Negative. The current price of 8.24 is below the 20-day moving average (MA) of 8.92, below the 50-day MA of 9.34, and below the 200-day MA of 10.62, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 34.78 is Neutral, neither overbought nor oversold. The STOCH value of 19.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OPFI.

OppFi Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPFI	70 Outperform	$701.51M	0.51	73.23%	―	9.63%	-112.71%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ONTF	66 Neutral	$345.08M	-11.71	-20.20%	―	-6.23%	28.57%
BMBL	57 Neutral	$426.15M	-0.53	-106.91%	―	-7.43%	61.36%
MAPS	50 Neutral	$102.90M	-6.29	3.65%	―	0.59%	―

OppFi Corporate Events

OppFi Reports Record Q4 2025 Revenue and Profitability

On March 11, 2026, OppFi reported its fourth-quarter 2025 results, highlighting record performance across key metrics, including total revenue of $159.2 million, up 17.3% year over year. The company also set a new quarterly high in ending receivables at $493.1 million, reflecting 16.0% year-over-year growth and signaling continued expansion of its lending portfolio.

Net income surged 175.1% year over year to a fourth-quarter record of $38.4 million, with net income margin improving to 24.1% from 10.3%, indicating significantly enhanced profitability. Adjusted net income rose 27.2% to $25.8 million with a margin of 16.2%, while total expenses fell to 34.3% of total revenue and total net originations climbed 7.7% to a record $230.1 million, underscoring improved operating efficiency and stronger origination volumes for stakeholders.

The most recent analyst rating on (OPFI) stock is a Hold with a $9.50 price target. To see the full list of analyst forecasts on OppFi stock, see the OPFI Stock Forecast page.