Atlanticus Holdings: JMP Securities maintains Market Outperform, PT raised to $78.

Atlanticus Holdings: JMP Securities maintains Market Outperform, PT raised to $78.

Atlanticus Holdings Corp. (NASDAQ: ATLC) has received a favorable update from JMP Securities, which raised its price target to $78.00 from $75.00 while maintaining a Market Outperform rating. This move comes on the heels of the company's strong second-quarter 2025 results, which prompted JMP to update its forecast to reflect a faster pace of portfolio growth both this year and in 2026.

Atlanticus's impressive 26.2% revenue growth and robust 71.54% gross profit margin have supported this optimistic outlook. According to InvestingPro data, the company maintains a GREAT financial health score of 3.24. JMP noted that favorable macroeconomic trends for Atlanticus’s core consumer base are allowing the company to invest more aggressively in marketing spend, contributing to the improved outlook. The research firm also highlighted that Atlanticus has experienced a high volume of private label originations in the first half of 2025, with normal seasonal trends expected to drive quicker general-purpose growth in the second half.

JMP’s new $78 price target represents the application of a 10x multiple to the firm’s updated 2026 earnings per share estimate for Atlanticus. This increase reflects the company's strong financial performance and positive future prospects.

In other recent news, Atlanticus Holdings has reported the results of its Annual Meeting of Shareholders, where all seven director nominees were elected with a majority of votes in favor. In financial updates, Keefe, Bruyette & Woods analyst Tim Switzer raised the price target for Atlanticus Holdings to $60, citing the company’s first-quarter performance that exceeded expectations due to changes in the fair value line. Switzer noted strong underlying trends, particularly in receivables growth and positive credit trends, which suggest a moderation in risks related to inflation. Additionally, JMP Securities analyst David Scharf increased the price target to $72, maintaining an Outperform rating. Scharf’s analysis points to a faster rate of portfolio growth for Atlanticus Holdings this year, supported by macroeconomic stability and increased marketing efforts.

Atlanticus Holdings reported quarterly adjusted earnings of $1.51 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 99 cents. Revenue rose 24.7% to $394.16 million from a year ago, surpassing the consensus estimate of $357.51 million. The company reported quarterly net income of $28.35 million. Despite these strong earnings, Atlanticus shares had fallen by 8.9% this quarter and lost 10.6% so far this year.

The current average analyst rating on the shares is "buy," with a breakdown of recommendations as 5 "strong buy" or "buy," 1 "hold," and no "sell" or "strong sell." Wall Street's median 12-month price target for Atlanticus Holdings Corp is $70.00, about 29.1% above its last closing price of $49.61.

Atlanticus Holdings, a financial technology company, provides credit and related financial services and products to customers in the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general-purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties. The company has a market capitalization of $802.84 million, a price-to-earnings ratio of 10.26, and a beta of 1.93.

References:
[1] https://www.investing.com/news/analyst-ratings/atlanticus-stock-price-target-raised-to-78-from-75-at-jmp-93CH-4184796
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3U00SS:0-atlanticus-holdings-corp-reports-results-for-the-quarter-ended-june-30-earnings-summary/
[3] https://www.marketbeat.com/instant-alerts/atlanticus-nasdaqatlc-trading-up-99-following-strong-earnings-2025-08-08/