Oportun Financial Corporation provides financial services in the United States. It offers personal loans, auto loans, and credit cards. The company serves customers online and over-the-phone, as well as through retail locations. Oportun Financial Corporation was founded in 2005 and is headquartered in San Carlos, California.
IPO Year: 2019
Exchange: NASDAQ
Website: oportun.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/12/2025 | $10.00 | Overweight | Stephens |
| 3/5/2025 | $10.00 | Buy | BTIG Research |
| 3/15/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 3/14/2024 | $9.00 → $3.50 | Buy → Hold | Jefferies |
| 10/17/2023 | $7.00 → $8.00 | Overweight → Neutral | JP Morgan |
| 6/29/2023 | $9.00 | Buy | B. Riley Securities |
| 6/14/2023 | $7.00 | Buy | BTIG Research |
| 3/14/2023 | $9.00 → $4.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 1/6/2023 | $7.00 → $6.00 | Overweight → Equal Weight | Barclays |
| 3/14/2022 | $24.00 | Buy | Loop Capital |
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4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
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SCHEDULE 13D/A - Oportun Financial Corp (0001538716) (Subject)
Outlines proactive steps taken by Board and management to drive long-term stockholder value Urges stockholders to vote "FOR" Oportun's two nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 18, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today released an investor presentation in connection with the Company's upcoming Annual Meeting of Stockholders, scheduled to be held on July 18, 2025. The presentation and additional important information related to the Annual Meeting are available at VoteForOportun.com. Oportun's Board of Directors encourages stockholders to review the Company's proxy stat
NEW YORK, June 17, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun" or the "Company"), today issued the following statement: "While we have gone to great lengths to engage privately with the Board on ideas for creating value and a settlement, we have been met with sustained resistance. Oportun is wasting millions of stockholder dollars to fight one of its largest owners and prevent anyone with lending experience from serving in a Board leadership position – which is ironic and confusing because Oportun is a lending company. As recently as this p
Visit www.OpportunityAtOportun.com to Download the Presentation NEW YORK, June 16, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun" or the "Company"), today released an investor presentation highlighting the urgent need for additional independence and consumer finance industry expertise in the Company's boardroom. In the presentation, Findell outlines what it sees as the legacy Board of Directors' (the "Board") failure to effectively oversee management and instill accountability: CEO Raul Vazquez turned Oportun's simple lending business into a m
Highlights that the Improvement in the Company's OpEx per Loan Was Driven by Findell's Advocacy and its Identified Director Appointments – Not by Management or the Current Board Reiterates its Belief That Additional Independence and Consumer Finance Industry Expertise Is Urgently Needed in the Boardroom to Achieve Oportun's Full Potential NEW YORK, June 13, 2025 /PRNewswire/ -- Findell Capital Partners, LP today issued the below letter to its fellow stockholders of Oportun Financial Corporation (NADSAQ: OPRT) ("Oportun" or the "Company") to address the misleading statements included in Oportun's recent materials. *** Fellow Stockholders, Findell Capital Partners, LP (together with its affil
Highlights Board's proactive measures to increase long-term stockholder value and record of effective oversight Urges stockholders to vote "FOR" Oportun's two highly qualified nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today issued a letter to stockholders from Lead Independent Director Neil Williams detailing the actions that Oportun's Board of Directors has taken to drive improved financial performance and reposition the Company for future success. After nearly eight years of dedicated service to Oportun's Board, Mr. Williams plans to
SAN CARLOS, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun's Chief Executive Officer, Raul Vazquez, and Interim Chief Financial Officer, Paul Appleton, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 11th and can be accessed live at this link. A link to the presentation webcast will also be accessible in the "IR calendar" section of Oportun's Investor Relations website under "News & Events" at https://investor.oportun.com. A replay will be available fo
SAN CARLOS, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today announced the issuance of $439 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included five classes of fixed rate notes: Class A, Class B, Class C, Class D, and Class E. Fitch rated all classes of notes, assigning ratings of AAA, AA-, A-, BBB-, and BB-, respectively. Goldman Sachs & Co. LLC served as the sole structuring agent and co-lead, and Deutsche Bank Securities Inc., Jefferies and Natixis Corporate & Investment Banking also served as co-leads. The weighted aver
Points Out Lead Role of Ms. Lee in Removal of Highly Qualified and Independent Director Scott Parker and Holds Rest of Legacy Board Responsible Notes Ms. Lee and the Rest of the Legacy Directors Have Overseen Massive Value Destruction and Lack Lending Experience, Making Them Underqualified to Serve as Lead Independent Director Urges the Board to Reappoint Mr. Parker, Who Brought Necessary Expertise and Highly Relevant Expertise as a Former Public Company CFO and Consumer Lending Executive NEW YORK, June 5, 2025 /PRNewswire/ -- Findell Capital Partners, LP (together with its affiliates, "Findell," "we" or "us") recently filed its definitive proxy statement and yesterday sent a letter to its f
NEW YORK, June 3, 2025 /PRNewswire/ -- Findell Capital Management LLC (collectively with its affiliates, "Findell", "we" or "us"), one of the largest stockholders of Oportun Financial Corporation (NASDAQ:OPRT), today issued an open letter to its fellow stockholders. The full text of the letter can be found here: Findell Letter to OPRT Stockholders (June 3, 2025) We urge stockholders to vote on the enclosed WHITE proxy card to: Elect our highly qualified and independent candidate, Warren Wilcox, who is a seasoned director and executive with financial services expertise and fresh ideas for enhancing value.Reelect the newly appointed and highly qualified Carlos Minetti, who, while a minority i
Highlights strong momentum in driving profitable growth and delivering stockholder value Urges stockholders to vote "FOR" Oportun's two highly qualified nominees – Raul Vazquez and Carlos Minetti – on the GREEN proxy card Launches VoteForOportun.com, providing additional information for stockholders SAN CARLOS, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today issued a letter to stockholders detailing the progress Oportun's experienced management team and Board of Directors have made in driving financial and operational performance. The letter highlights information critical for stockholders to know ahead of Opo
4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
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4 - Oportun Financial Corp (0001538716) (Issuer)
4 - Oportun Financial Corp (0001538716) (Issuer)
Stephens initiated coverage of Oportun Financial with a rating of Overweight and set a new price target of $10.00
BTIG Research initiated coverage of Oportun Financial with a rating of Buy and set a new price target of $10.00
JMP Securities downgraded Oportun Financial from Mkt Outperform to Mkt Perform
Jefferies downgraded Oportun Financial from Buy to Hold and set a new price target of $3.50 from $9.00 previously
JP Morgan downgraded Oportun Financial from Overweight to Neutral and set a new price target of $8.00 from $7.00 previously
B. Riley Securities initiated coverage of Oportun Financial with a rating of Buy and set a new price target of $9.00
BTIG Research resumed coverage of Oportun Financial with a rating of Buy and set a new price target of $7.00
Keefe Bruyette downgraded Oportun Financial from Outperform to Mkt Perform and set a new price target of $4.00 from $9.00 previously
Barclays downgraded Oportun Financial from Overweight to Equal Weight and set a new price target of $6.00 from $7.00 previously
Loop Capital initiated coverage of Oportun Financial with a rating of Buy and set a new price target of $24.00
Visit www.OpportunityAtOportun.com to Download the Presentation NEW YORK, June 16, 2025 /PRNewswire/ -- Findell Capital Partners, LP, (together with its affiliates, "Findell," "we" or "us") one of the largest stockholders of Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun" or the "Company"), today released an investor presentation highlighting the urgent need for additional independence and consumer finance industry expertise in the Company's boardroom. In the presentation, Findell outlines what it sees as the legacy Board of Directors' (the "Board") failure to effectively oversee management and instill accountability: CEO Raul Vazquez turned Oportun's simple lending business into a m
Calls for Urgent Board Change Following Years of Strategic Missteps and Value Destruction Urges Stockholders to Elect Warren Wilcox, an Independent Director Candidate with Deep Consumer Finance Experience, to End Majority Control by Entrenched Legacy Board Members Believes Oportun Must Refocus on Lending and Improve Governance to Realize Full Potential Launches Campaign Website: www.OpportunityAtOportun.com NEW YORK, May 5, 2025 /PRNewswire/ -- Findell Capital Management LLC (collectively with its affiliates, "Findell" or "we"), which beneficially owns approximately 9.5% of the outstanding common stock of Oportun Financial Corporation (the "Company") (NASDAQ:OPRT), today issued a public let
SAN CARLOS, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, today confirmed receipt of a notice from Findell Capital Management LLC ("Findell") nominating two directors to stand for election to the Oportun Board of Directors (the "Board") at the Company's 2025 Annual Meeting of Shareholders. The Board issued the following statement in response: Over the past three years, the Oportun Board of Directors has overseen decisive and deliberate actions to put the company on a strong path for long-term profitable growth. These actions, which we summarized in our press release on March 20, 2025, have led to improved credit performance,
SAN CARLOS, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT) ("Oportun", or the "Company"), a mission-driven fintech, today announced the appointment of Scott Parker as a new independent director and Richard Tambor as an observer to Oportun's Board of Directors, each effective immediately. Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year. The appointments are in connection with a cooperation agreement (the "Agreement") the Company has entered into with Findell Capital Management LLC (together, with certain of its affiliates "Findell"). Findell is an investment firm that owns approximately 7.7% of Opo
SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT) today announced the addition of two new independent board members to its Board of Directors. Effective as of February 7, 2024, the appointments expand Oportun's board from seven to nine members with the additions of Carlos Minetti and Mohit Daswani. Carlos Minetti has more than 35 years of experience in consumer lending and credit risk. Most recently as President, Consumer Banking, at Discover Financial Services, a position he held from 2010 to 2023. Minetti led the company's diversification into Consumer Banking, which included personal loans, student loans, home loans and on-line banking. At Discover, he also pr
SAN CARLOS, Calif., April 18, 2022 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven fintech and digital banking platform, today announced that Dorian Hare has joined the company as its SVP of Investor Relations. Hare most recently led investor relations at Equifax and previously held a senior IR position at Moody's. "As the leading digital banking platform serving the financial needs of hardworking people, Oportun has many vectors for high levels of multi-year growth and how we communicate our expansive vision with analysts and investors is critical to driving shareholder value," said Raul Vazquez, CEO of Oportun. "Dorian has the experience and expertise to help us communicate
SAN CARLOS, Calif., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT), a financial services company and digital platform that provides hardworking people with access to responsible and affordable loans, today announced the addition of two new independent board members to its diverse Board of Directors. Effective as of September 1, 2021, the appointments expand Oportun's board from nine to eleven members with the additions of Roy Banks and Rick Welts. Roy Banks is the Chief Executive Officer of Weave Communications, Inc, an all-in-one customer communication and engagement platform for small businesses. With more than 20 years of experience in high-tech softwar
SAN CARLOS, Calif., July 12, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT), a financial services company and digital platform that provides hard working people with responsible, affordable, and credit-building alternatives to payday and auto-title loans, today announced the addition of two new independent board members to its Board of Directors. Effective as of September 1, 2021, the appointments expand Oportun's board from seven to nine members with the additions of Ginny Lee and Sandra Smith. Ms. Lee recently served as the President and Chief Operating Officer of Khan Academy, a globally-recognized non-profit online education technology organization with a mi
Highlights that the Improvement in the Company's OpEx per Loan Was Driven by Findell's Advocacy and its Identified Director Appointments – Not by Management or the Current Board Reiterates its Belief That Additional Independence and Consumer Finance Industry Expertise Is Urgently Needed in the Boardroom to Achieve Oportun's Full Potential NEW YORK, June 13, 2025 /PRNewswire/ -- Findell Capital Partners, LP today issued the below letter to its fellow stockholders of Oportun Financial Corporation (NADSAQ: OPRT) ("Oportun" or the "Company") to address the misleading statements included in Oportun's recent materials. *** Fellow Stockholders, Findell Capital Partners, LP (together with its affil
GAAP Net income of $9.8 million increased $36 million year-over-year GAAP EPS of $0.21 increased $0.89 year-over-year Adjusted EPS of $0.40 increased $0.31 year-over-year Operating expenses of $93 million reduced 15% year-over-year Reiterating full year 2025 credit performance and profit expectations SAN CARLOS, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun", or the "Company") today reported financial results for the first quarter ended March 31, 2025. "We started 2025 with a strong first quarter, building on the momentum from last year. I'm pleased to report our second consecutive quarter of GAAP profitability, with net
SAN CARLOS, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, will release financial results for its first quarter 2025 on Thursday, May 8, 2025, after market close. Oportun will host a conference call and earnings webcast to discuss results on Thursday, May 8, 2025, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun's investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-888-396-8049 (toll-free) or 1-416-764-8646 (international). Participants should call in 10 minutes prior to the sc
Returned to GAAP profitability with net income of $9 million in fourth quarter Adjusted EBITDA of $41 million, up 315% year-over-year Quarterly annualized net charge-off rate of 11.7%, lowest since third quarter of 2022 Total quarterly operating expenses of $89 million, reduced 31% year-over-year Raising full year 2025 expectations SAN CARLOS, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun", or the "Company") reported financial results today for the fourth quarter and full year ended December 31, 2024. "We finished the year stronger than anticipated and believe that we've turned the corner, well-poised to capitalize on our momentum a
SAN CARLOS, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, will release financial results for its fourth quarter 2024 on Wednesday, February 12, 2025, after market close. Oportun will host a conference call and earnings webcast to discuss results on Wednesday, February 12, 2025, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun's investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international). Participants should call in 10 minutes p
Met or outperformed each guidance metric Total operating expenses declined 17% year-over-year Credit card portfolio sale complete Corporate debt refinancing expected to close on November 14th SAN CARLOS, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun", or the "Company") today reported financial results for the third quarter ended September 30, 2024. "I'm pleased that our third quarter results met or exceeded our expectations on each of our guidance metrics," said Raul Vazquez, CEO of Oportun. "We generated total revenue of $250 million, while our Annualized Net Charge-Off Rate declined 40 basis points sequentially to 11.9% as we report
SAN CARLOS, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven financial services company, will release financial results for its third quarter 2024 on Tuesday, November 12, 2024, after market close. Oportun will host a conference call and earnings webcast to discuss results on Tuesday, November 12, 2024, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun's investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international). Participants should call in 10 minutes prior
Met or exceeded each guidance metric Total operating expenses declined 20% year-over-year New collaboration with Western Union to provide lending service Signed letter of intent to sell credit card portfolio $245M warehouse facility executed after quarter-end SAN CARLOS, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun", or the "Company") today reported financial results for the second quarter ended June 30, 2024. "Overall, I'm pleased with our second quarter results and the progress we are making towards our long-term profitability targets. In addition, we performed at the better end or outperformed each of, our guidance metrics as we
SAN CARLOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT), a mission-driven fintech, will release financial results for its second quarter 2024 on Thursday, August 8, 2024, after market close. Oportun will host a conference call and earnings webcast to discuss results on Thursday, August 8, 2024, at 5:00 pm ET / 2:00 pm PT. A live webcast of the call will be accessible from Oportun's investor relations website at investor.oportun.com, and a webcast replay of the call will be available for one year. The dial-in number for the conference call is 1-866-604-1698 (toll-free) or 1-201-389-0844 (international). Participants should call in 10 minutes prior to the scheduled start
Strong performance versus guidance Total operating expenses declined 15% sequentially and 25% year-over-year GAAP net loss sharply reduced by $76M year-over-year, returned to adjusted profitability Additional $150M whole loan sale agreement executed in May Raising full year 2024 Total Revenue and Adjusted EBITDA guidance SAN CARLOS, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (NASDAQ:OPRT) ("Oportun", or the "Company") today reported financial results for the first quarter ended March 31, 2024. "Our first quarter results reflect an important first step in our 2024 business recovery, as we sharply reduced our prior-year GAAP operating loss by $76 million w
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