Optimizerx(OPRX) Shares Soar 19.67% on Strong Q1 Earnings

Optimizerx(OPRX) shares surged 19.67% today, reaching their highest level since May 2024, with an intraday gain of 38.91%.

The strategy of buying OPRX shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 28.77% gain. This suggests that the strategy can be effective for capturing short-term price movements, but it is important to note that past performance is not indicative of future results and that OPRX's volatility may not be suitable for all investors.

Optimizerx's stock price has seen a significant boost due to multiple factors. Several firms, including B. Riley and Stifel, have raised their price targets for OPRX following strong quarterly results. B. Riley increased its target from $13 to $18, while Stifel raised its target from $8 to $12.50, both maintaining a Buy rating.

The company reported a robust first quarter of 2025, with an 11% year-over-year revenue increase to $21.9 million. This performance was accompanied by significant EBITDA improvement and earnings per share of $0.08, which exceeded market expectations.

Additionally, Optimizerx has raised its 2025 revenue guidance to $101M-$106M, indicating expected growth between 10%-15%. This positive outlook further supports the increased stock price targets and potential upward movement of the Optimizerx stock.