OppFi (NYSE:OPFI) Issues Earnings Results, Misses Expectations By $0.11 EPS

OppFi (NYSE:OPFI) posted its quarterly earnings results on Monday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.11), Zacks reports. The business had revenue of $86.17 million during the quarter, compared to analyst estimates of $155.89 million. OppFi had a return on equity of 39.90% and a net margin of 10.86%. OppFi updated its FY 2026 guidance to 1.340-1.510 EPS.

Here are the key takeaways from OppFi’s conference call:

• 2026 guidance was reduced to revenue of $600 million–$625 million, adjusted net income of $115 million–$130 million, and adjusted EPS of $1.34–$1.51, following lower-than-expected originations and delays to growth initiatives.
• Q2 originations fell approximately 9% year over year to $212 million, while net charge-offs rose to about 52% of receivables from 43% a year earlier. Management attributed some of the increase to slower portfolio growth and highlighted improved recoveries, but said it tightened underwriting in lower-return segments.
• OppFi expects to launch its line-of-credit product in September, initially across three new geographies, after testing pricing, terms, conversion, and customer behavior. Management believes the product’s flexible draws and longer repayment structure can improve affordability and drive growth among new and existing customers.
• The LOLA modular technology platform is expected to accelerate product development and improve automation, servicing, and application-to-funding times. Management said the platform enabled the line-of-credit product to be developed in under six months and targets a 70% reduction in development cycle times over the next year.
• OppFi submitted regulatory applications for its proposed BNC National Bank acquisition and continues to target closing in Q4 2026. The company expects the combination to support geographic expansion, cross-selling, and significant revenue synergies beginning in 2027, while it also began repurchasing shares under its $40 million authorization.

OppFi Stock Down 6.7%

Shares of NYSE:OPFI opened at $8.77 on Tuesday. The firm has a fifty day moving average of $9.10 and a two-hundred day moving average of $8.88. The firm has a market capitalization of $748.87 million, a P/E ratio of 9.43 and a beta of 1.77. OppFi has a 12-month low of $7.36 and a 12-month high of $12.45.

Analyst Ratings Changes

OPFI has been the subject of several analyst reports. Citigroup reaffirmed a “market outperform” rating on shares of OppFi in a report on Tuesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of OppFi in a research note on Friday. Wall Street Zen cut shares of OppFi from a “strong-buy” rating to a “buy” rating in a report on Saturday. Citizens Jmp dropped their target price on shares of OppFi from $16.00 to $15.00 and set a “market outperform” rating on the stock in a research report on Friday, April 17th. Finally, Stephens boosted their target price on shares of OppFi from $9.00 to $11.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, OppFi currently has an average rating of “Hold” and an average price target of $13.00.

Insider Activity at OppFi

In related news, Director Christina M. Favilla sold 30,000 shares of OppFi stock in a transaction on Monday, June 8th. The stock was sold at an average price of $8.14, for a total transaction of $244,200.00. Following the completion of the sale, the director owned 156,737 shares of the company’s stock, valued at approximately $1,275,839.18. This trade represents a 16.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 70.20% of the stock is currently owned by corporate insiders.

Institutional Trading of OppFi

Large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in shares of OppFi by 191.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 189,961 shares of the company’s stock valued at $1,767,000 after purchasing an additional 124,744 shares during the last quarter. Rhumbline Advisers lifted its holdings in OppFi by 23.3% in the 1st quarter. Rhumbline Advisers now owns 19,362 shares of the company’s stock worth $180,000 after purchasing an additional 3,662 shares during the last quarter. Creative Planning bought a new stake in OppFi during the second quarter worth approximately $188,000. Cetera Investment Advisers bought a new stake in OppFi during the second quarter worth approximately $206,000. Finally, JPMorgan Chase & Co. boosted its position in OppFi by 3,200.3% during the second quarter. JPMorgan Chase & Co. now owns 296,399 shares of the company’s stock worth $4,147,000 after purchasing an additional 287,418 shares during the period. 7.10% of the stock is owned by institutional investors.

More OppFi News

Here are the key news stories impacting OppFi this week:

• Positive Sentiment: OppFi reported second-quarter revenue of $145.2 million, up 1.9% year over year and a company record for the period. Net income rose 36% to $15.6 million, suggesting continued profitability and operating resilience. OppFi Reports Second Quarter 2026 Results
• Positive Sentiment: The company’s Form 10-Q filing showed increased assets and reduced debt, which may support financial flexibility and strengthen the balance sheet. OppFi Q2 2026 Form 10-Q Filing
• Negative Sentiment: Adjusted earnings were $0.33 per share, below analyst expectations ranging from $0.44 to $0.48 and down from $0.45 a year earlier. The earnings miss indicates that revenue growth is not translating into profits at the pace investors expected. OppFi Q2 Earnings Miss Estimates
• Negative Sentiment: Lower loan originations weighed on quarterly earnings, raising concerns about demand, loan growth and future revenue momentum.
• Negative Sentiment: OppFi reduced its fiscal 2026 outlook to $1.34–$1.51 in EPS and $600–$625 million in revenue, below consensus estimates of $1.79 EPS and $658.3 million revenue. The guidance reduction is the primary catalyst for the stock’s decline and suggests analysts may need to lower forecasts further. OppFi Lower Originations and Guidance

OppFi Company Profile

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.