Oportun Financial shares surge 20.04% intraday after Q3 earnings beat and cost-cutting progress.

Oportun Financial surged 20.04% intraday after reporting third-quarter 2025 earnings that exceeded analyst expectations, with adjusted EPS of $0.39 versus $0.28 expected, and revenue of $239 million slightly above forecasts. The stock’s rally also followed a 48% projected decline in 2025 operating expenses compared to 2022 peaks, highlighted by Citizens in its "Market Perform" rating reiteration. JPMorgan further fueled optimism by upgrading the stock from "Underweight" to "Neutral" with a $5.50 price target, citing improved cost management and recent outperformance relative to the S&P Financials index. Despite leadership uncertainty following CEO Raul Vazquez’s planned 2026 exit, the earnings beat and cost-cutting progress drove immediate investor confidence.