Green Dot's 15min chart shows KDJ Golden Cross, bullish Marubozu signal.

Based on the 15-minute chart for Green Dot, a technical indicator has been triggered, indicating a bullish trend. Specifically, a golden cross and bullish marubozu pattern were observed on October 6, 2023 at 15:00. This suggests that the momentum of the stock price is shifting towards the upside, with potential for further increase. The dominance of buyers in the market and the likelihood of continued bullish momentum underscore the favorable market conditions.

Green Dot Corporation (NYSE: GDOT), a prominent fintech and payments company, has shown signs of a bullish trend in its stock price, as indicated by technical indicators observed on its 15-minute chart. On October 6, 2023, at 15:00, a golden cross and bullish marubozu pattern were noted, suggesting a shift in momentum towards the upside. This pattern is significant as it suggests that the dominance of buyers in the market is likely to continue, creating favorable conditions for further price appreciation.

Green Dot, founded in 1999, has been undergoing a strategic review since March 2025. The company has raised its revenue guidance for the past two quarters, projecting $2-$2.1 billion in revenue and $165 million in adjusted EBITDA for the year. This represents a 25% increase in top-line growth and flat EBITDA growth compared to 2024. Notably, Green Dot's EBITDA grew by 35% year-over-year in the last quarter, indicating strong earnings leverage.

The company has secured several high-profile partnerships, including Stripe, Workday, Crypto.com, Samsung, Credit Sesame, Marqeta, and extended its long-standing partnership with Walmart until 2033. Apple, a major banking-as-a-service partner, accounts for about 50% of Green Dot's B2B services revenue, contributing significantly to the company's financial performance.

Green Dot's strategic review process and recent financial performance have positioned the company as a potential acquisition target. The interim CEO, Bill Jacobs, is incentivized to complete a corporate transaction, with a $1.75 million cash bonus tied to such an event. Other members of the c-suite have also received retention bonuses for an M&A deal, with accelerated vesting if the deal is announced by year-end.

The company filed an S-3 on August 11, 2025, for $100 million, which became effective on August 19. The CFO stated that the filing was for "good housekeeping" purposes, but it remains to be seen whether it will be used for a share exchange with an acquiring entity, an all-cash deal, or to raise funds for growth initiatives as a standalone entity.

Green Dot's bank charter, valued at $4 billion in customer deposits, is strategically significant, particularly in the context of the GENIUS Act passed in July 2025. This allows the company to vertically integrate and manage stablecoins, a critical advantage in the fintech space.

Given the low valuation of Green Dot compared to its peers and the strategic review process, discerning investors may find it beneficial to monitor the company's progress closely. While the stock chart is basing above its 20, 50, and 200-day moving averages and below the declining 200-period moving average on the weekly time frame, the recent technical indicators suggest that Green Dot could experience significant growth in the near term.