Oportun Financial shares surge 13.43% after hours as JPMorgan upgrades rating to Neutral and cost-cutting efforts drive fair valuation.

Oportun Financial (NASDAQ:OPRT) surged 13.43% in after-hours trading following the release of third-quarter 2025 earnings that exceeded analyst expectations, with adjusted EPS of $0.39 (vs. $0.28 forecast) and revenue of $239 million (vs. $238.8 million). The results, combined with JPMorgan’s upgrade from Underweight to Neutral and a $5.50 price target, signaled improved confidence in the company’s cost-cutting progress and stable earnings trajectory. Additionally, BTIG analyst Vincent Caintic reiterated a Buy rating with a $9.00 price target, further bolstering sentiment. While Citizens reaffirmed a Market Perform rating citing valuation fairness and leadership uncertainty, the broader market reacted positively to the earnings beat and analyst upgrades. The CEO transition plan—announcing Raul Vazquez’s departure by April 2026—was framed as a managed process with continuity measures in place, mitigating near-term concerns. Collectively, these factors drove the sharp after-hours rally.