B. Riley Lowers Flywire Price Target to $15, Keeps Buy Rating

Flywire's price target has been lowered to $15 from $17 at B. Riley, which maintains a Buy rating on the shares. The firm's estimates now include the impact of the acquisition of Sertifi, a software-as-a-service platform in the travel sector. Revenue forecasts are impacted by ongoing student visa issues in Canada and Australia, as well as elevated concerns for visa issuance in the US.

Flywire Corporation (NASDAQ:FLYW) has seen its price target lowered to $15 by B. Riley, maintaining a "Buy" rating on the shares. The revision reflects the impact of the recent acquisition of Sertifi, a software-as-a-service platform in the travel sector, as well as ongoing student visa issues in Canada and Australia, and elevated concerns for visa issuance in the US [1].

B. Riley's new estimates for Flywire's earnings per share (EPS) for the third quarter of 2025 are $0.26, down from the previous forecast of $0.28. The firm also adjusted its fourth-quarter 2025 EPS estimate to $0.08, and its fiscal year 2025 EPS estimate to $0.28. These changes reflect the expected impact of the Sertifi acquisition and visa-related challenges [2].

The latest update comes amidst a broader trend of analyst revisions. Citigroup, Raymond James Financial, Deutsche Bank Aktiengesellschaft, and Morgan Stanley have all lowered their price targets for Flywire, with the average target price across analysts now at $15.00 [1].

Flywire's stock has traded up 3.4% during recent sessions, reaching $11.40, with a trading volume of 4,917,750 shares. The company's market capitalization stands at $1.39 billion, with a price-to-earnings ratio of 285.00 and a debt-to-equity ratio of 0.08. Insiders own 4.40% of the company's stock, while institutional investors hold 95.90% [1].

Institutional investors have shown recent activity, with several hedge funds and investment firms adjusting their holdings in Flywire. Vanguard Group Inc., for instance, boosted its holdings by 6.9% in the fourth quarter, now owning 12,087,221 shares worth $249,238,000 [1].

Despite the recent downward revisions in price targets, Flywire's revenue growth and earnings performance have shown resilience. The company's latest quarterly earnings report revealed a 17.0% year-over-year increase in revenue to $128.70 million, with earnings per share (EPS) of $0.03, surpassing analyst expectations [1].

References:
[1] https://www.marketbeat.com/instant-alerts/b-riley-cuts-flywire-nasdaqflyw-price-target-to-1500-2025-06-23/
[2] https://www.marketbeat.com/instant-alerts/b-riley-issues-pessimistic-forecast-for-flywire-earnings-2025-06-25/