OppFi Shares Surge on Analyst Confidence and Strategic Banking License Prospects

Market analysts are expressing renewed optimism for OppFi, driven by a pivotal strategic initiative and robust financial performance. The catalyst for this positive sentiment is the firm's pursuit of a national banking charter, a move seen as a fundamental growth lever.

The investment firm Citizens has reaffirmed its "Market Outperform" rating on OppFi, maintaining a price target of $14.00. Central to this bullish assessment is the expectation that OppFi will apply for and secure a national bank license. Citizens frames this not as a matter of "if," but "when." Analysts project that obtaining this charter would be transformative, enabling the company to diversify its product suite within the alternative credit space. Access to a broader range of deposit and lending products would allow OppFi to serve a more extensive customer base, a critical step for long-term scaling.

Strong Quarterly Performance Lifts Guidance

The company's operational strength was on full display in its Q3 2025 results, which exceeded market expectations and bolstered confidence:

• Earnings Per Share (EPS): Reported at $0.46, significantly surpassing the $0.30 estimate—a positive surprise of 53.3%.
• Revenue: Reached $155.09 million, above the anticipated $153.42 million and representing a 13.5% year-over-year increase.
• Net Income: Soared to $75.9 million, a massive 136.9% jump compared to the prior year.
• Adjusted Net Income: Stood at $40.7 million, marking a 41.4% increase.

Given this strong performance, management has raised its full-year outlook. Revenue is now projected to be between $590 million and $605 million, with adjusted net income forecast in the range of $137 million to $142 million.

Should investors sell immediately? Or is it worth buying OppFi?

Key Market Data and Reaction:
* Stock Performance: Shares have advanced 9.15% over the past week and have climbed 55.87% over the trailing twelve-month period.
* Current Trading Price: $11.09 per share.
* Analyst Consensus: The stock carries a "Moderate Buy" rating, based on the views of five covering analysts. The average price target is $13.63, with a range from $13.00 to $14.50. This implies a potential upside of approximately 22.5% from current levels.
* Financial Health: According to InvestingPro, OppFi's financial position is rated "GREAT," with liquidity comfortably exceeding short-term obligations.

Refinancing and Valuation Context

Adding to the positive fundamentals, OppFi strengthened its balance sheet in October 2025 by securing a new $150 million revolving credit facility. The funding is provided by vehicles managed by Castlelake L.P., carries a four-year term, and features a reduced interest rate—moving from SOFR +7.5% to SOFR +6.0%. This refinancing lowers the company's cost of capital and supports margin stability.

The valuation picture suggests room for growth, with analyst targets consistently above the current share price. The raised annual guidance further reinforces this positive dynamic. However, the key focus for investors remains the actual execution and timeline for the banking license application, alongside the ongoing performance of the credit portfolio. In the near term, updates on the licensing process and upcoming quarterly results will be primary drivers for the equity's direction.