Flywire's Q1 Revenue Rises 16.8% YoY, Price Target Boosted by Truist

Flywire (FLYW) received a boost in price target from Truist, increasing from $12 to $13 and maintaining a Buy rating. The firm is optimistic about the FinTech sector and believes current conditions are favorable for Flywire. Analysts forecast an average target price of $14.61 with a high estimate of $21.98 and a low estimate of $11.50. Flywire reported Q1 revenue of $128.7 million, a 16.8% YoY growth, and adjusted EBITDA of $21.6 million, a 56% YoY increase. The company signed 200 new clients in Q1 and maintains a low churn rate, reflecting strong client partnerships and satisfaction.

Flywire (FLYW) has received a notable boost in its price target from Truist, increasing from $12 to $13 while maintaining a Buy rating. The financial firm is optimistic about the FinTech sector and believes current conditions are favorable for Flywire. Analysts forecast an average target price of $14.61, with a high estimate of $21.98 and a low estimate of $11.50 [1].

In the first quarter of 2025, Flywire reported a significant performance, with Q1 revenue reaching $128.7 million, a 16.8% year-over-year (YoY) growth. The company also saw an adjusted EBITDA of $21.6 million, representing a 56% YoY increase. Additionally, Flywire signed 200 new clients in Q1, indicating strong client partnerships and satisfaction, as reflected by a low churn rate [1].

Truist Financial, one of Flywire's top analysts, reiterated its Buy rating with an increased price target of $13, citing the company's strong financial growth and strategic client acquisitions in the education and travel sectors. The firm's solid balance sheet and positive earnings call further bolster its position. However, high valuation metrics and ongoing EBIT losses present risks and areas for improvement [1].

The overall analyst sentiment for Flywire remains positive, with 11 Buy ratings, 8 Hold ratings, and 1 Sell rating in the current month. The average analyst price target in the past three months is $13.61, with a high forecast of $17.00 and a low forecast of $9.00. The average price target represents a 25.55% change from the last price of $10.84 [1].

Flywire's earnings forecast for the next quarter is -$0.07, with a range of -$0.11 to -$0.03. The previous quarter's EPS was -$0.03. The company has performed in-line with its overall industry over the past year, with a 0.00% EPS estimate beat rate and a 46.94% sales estimate beat rate [1].

In conclusion, Flywire's recent financial performance and analyst ratings indicate a favorable outlook for the company. Investors should closely monitor Flywire's progress and consider the risks associated with high valuation metrics and ongoing EBIT losses.

References:
[1] https://www.tipranks.com/stocks/flyw/forecast