Oportun Financial shares surge 25.10% after-hours amid CEO transition and Q3 earnings beat, despite cost-cutting uncertainties.

Oportun Financial (OPRT) surged 25.10% in after-hours trading following the announcement of CEO Raul Vazquez’s 2026 exit and the release of Q4 2025 results that exceeded revenue and EBITDA guidance. The board initiated an external CEO search, with Vazquez remaining as an advisor until July 2026 to ensure a smooth transition. Q4 revenue of $246–248 million and a 12.3% net charge-off rate (below the 12.45% forecast) signaled improved cost control and operational efficiency. Additionally, JPMorgan upgraded OPRT from Underweight to Neutral with a $5.50 price target, citing the company’s strong execution on cost reduction and debt management. These developments, particularly the leadership transition and outperforming financial results, drove investor optimism, reflected in the significant after-hours price jump.