Flexshopper:HC Wainwright Downgrades to Buy, PT $0.5 from $2.5

Flexshopper:HC Wainwright Downgrades to Buy, PT $0.5 from $2.5

FlexShopper Inc (FPAY) has seen a significant adjustment in its analyst rating, with Wainwright downgrading the stock from a Strong Buy to a Buy, and reducing the price target from $2.5 to $0.5. This move comes amidst a series of financial and operational developments at the company.

The stock has been trading at $0.564, with a market capitalization of $13.81 million, as of September 12, 2025. FlexShopper Inc operates an e-commerce marketplace for electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis, offering products from various brands such as LG, Samsung, Sony, and Apple.

The latest financial data indicates that the company's net income is expected to grow this year, with analysts forecasting a positive earnings surprise. However, the stock has been experiencing unusual trading volumes, which may suggest increased volatility and uncertainty among investors.

FlexShopper Inc has been actively managing its financial position, with recent amendments to its credit agreement to allow interim financing for working capital and extensions to its forbearance period. Additionally, the company has terminated its CEO and CFO, appointing a chief restructuring officer in their place.

The downgrade by Wainwright reflects a cautious outlook on the stock's potential, with the new price target suggesting a significant reduction in expected upside. Investors should closely monitor the company's financial performance and operational developments, as well as any further analyst coverage, to assess the potential impact on the stock's valuation.