EXFYEXFYTechnology · Software - Application

EXFY Stock Forecast: Expensify, Inc. Price Predictions for 2026-2027

Last close, 6 Oct 2026
$2.23
−5.11% on the day

The 3 Wall Street analysts covering Expensify, Inc. hold a median 12-month price target of $3 — +34.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 88 of 100 as at 6 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$205.2M
Ticker Nerd rank
88 / 100
Median analyst target
$3.00
Analysts covering
3
Revenue$33.9M−5.3% y/y
Operating income−$2.9M
Net income−$3.9M
Free cash flow$7.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.4%
1M
−6.3%
YTD
+47.7%
1Y
+24.6%
From 52W high
−18.0%
From 52W low
+198.5%
$0.75
$2.72
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

EXFY stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Expensify, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 6 Oct 2026
88 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
94
Value
86
Revisions
76
Issuance
75
Momentum
68
Size
68
Quality
53
Volatility
41
Growth
25

Accruals (94): Reported profit is backed by cash, and the company is not expanding recklessly.

Growth (25): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

EXFY stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on EXFY, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$1.00$1.50$2.00$2.50$3.00Jan 26Apr 26Jul 26Oct 26EXFYHigh $3.00Median $3.00Low $2.50

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says3 analysts
1 Buy2 Hold0 Sell
Low $2.50Median $3.00High $3.00

The green dot is the last close — the median target sits +34.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
7 Aug 2026CitizensUpgradeMarket Outperform$3.00
9 May 2025Lake StreetMaintainsBuy—
9 May 2025Lake StreetMaintainsBuy$5.00 → $4.50
28 Feb 2025Lake StreetMaintainsBuy—
16 Dec 2024CitigroupMaintainsBuy—
25 Nov 2024JMP SecuritiesDowngradeMarket Perform—
9 Aug 2024JMP SecuritiesUpgradeMarket Outperform—
14 June 2024JMP SecuritiesReiteratesMarket Perform—
23 Apr 2024CitigroupMaintainsBuy—
23 Feb 2024Piper SandlerMaintainsNeutral—
2 Jan 2024Piper SandlerMaintainsNeutral—
8 Nov 2023Morgan StanleyMaintainsUnderweight—
8 Nov 2023Piper SandlerMaintainsNeutral—
23 Oct 2023Piper SandlerMaintainsNeutral—
15 Sept 2023JP MorganInitiatesUnderweight—
9 Aug 2023CitigroupMaintainsBuy—
9 Aug 2023JMP SecuritiesDowngradeMarket Perform—
9 Aug 2023Lake StreetMaintainsBuy—
9 Aug 2023Loop CapitalDowngradeHold—
9 Aug 2023Piper SandlerMaintainsNeutral—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. EXFY appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

EXFY vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 6 Oct 2026, Expensify, Inc. returned +24.6% against +17.3% for the S&P 500, dividends included.

EXFY vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140160Jan 26Apr 26Jul 26Oct 26EXFYS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

EXFY analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+38.5%
Analysts raising
1
Analysts cutting
0
Fundamentals

Expensify, Inc. (EXFY) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−10.2×

Cheaper than 93% of US stocks

Price / sales
1.5×

Cheaper than 58% of US stocks

Price / book
1.6×

Cheaper than 51% of US stocks

EV / EBITDA
−11.1×

Cheaper than 85% of US stocks

Growth & margins
Revenue growth (YoY)
−5.3%

Higher than 20% of US stocks

Earnings growth (YoY)
−5.3%

Higher than 30% of US stocks

Gross margin
48.2%

Higher than 59% of US stocks

Operating margin
−8.6%

Higher than 25% of US stocks

Net margin
−11.3%

Higher than 19% of US stocks

Returns & dividend
Return on equity
−11.7%

Higher than 35% of US stocks

Return on assets
−4.7%

Higher than 32% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Expensify, Inc. (EXFY) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Expensify, Inc. has a market value of $205.2M and an enterprise value of $144.8M.

  • Revenue in the twelve months to 30 June 2026: $138.1M. The latest quarter shrank 5.3% year on year.

  • Net income over the same four quarters: −$15.6M, a −11.3% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.17.

  • Free cash flow in the twelve months to 30 June 2026: $8.2M.

  • Shares outstanding: 91.9M.

  • Trailing P/E: −10.2×; forward P/E: 23.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Expensify, Inc. employs 117 people — $1.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 6 Oct 2026

Data provided by Twelve Data

Peers

EXFY vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application
CompanyMarket capTKN rank
EXFYExpensify, Inc.$205.2M
88
TONXTON Strategy Co.$202.4M
11
DHXDHI Group, Inc.$205.8M
100
KLTRKaltura, Inc.$200.1M
95
ASURAsure Software, Inc.$207.1M
80
PERFPerfect Corp.$194.5M
73
SMRTSmartRent, Inc.$231.4M
69

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Expensify, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest EXFY news & analysis

DualEntry Launches Native Two-Way Integration With Expensify

Business Wire · 6 Oct 2026positive

DualEntry launched a native two-way integration with Expensify, allowing finance teams to sync expenses, corporate card spend, reimbursements, and accounting data between the platforms. The integration also syncs DualEntry chart-of-accounts categories into Expensify.

Why it matters — EXFY watchers may note the integration adds a connected workflow for customers using both platforms, reducing the need for CSV exports and manual transaction entry.

Expensify Launches Native Integration with DualEntry, the AI-Native ERP Built for Mid-Market Companies

Business Wire · 28 Sept 2026positive

Expensify announced a direct, native integration with DualEntry, an AI-native ERP for multi-entity, multi-currency finance teams. The two-way sync lets DualEntry users connect Expensify in minutes, with DualEntry's chart of accounts, classifications, and tax rates mapping into Expensify as categories, tags, and tax setting.

Why it matters — Expanding its ecosystem through a direct integration with an AI-native ERP could broaden Expensify's appeal among mid-market, multi-entity finance teams.

Expensify Becomes One of the First Expense Management Tools Available in Claude for Small Business

Business Wire · 15 Sept 2026positive

Expensify announced an integration with Anthropic that makes it one of the first expense management tools available as a connector in the Claude for Small Business plugin. Expensify will also host a free, live webinar on the connector this fall as part of the partner webinar series.

Why it matters — This expands Expensify's reach into new small-business channels and could attract new customers through the Anthropic partnership.

Expensify Launches Native Integration with Rillet, the AI-Native ERP

Business Wire · 1 Sept 2026positive

Expensify announced a native integration with Rillet, the AI-native ERP, allowing Rillet businesses to connect to Expensify in minutes with automatic, two-way sync of categories, dimensions, tax rates, and vendor bills for company card and out-of-pocket expenses.

Why it matters — The integration expands Expensify's ecosystem and appeal to AI-native ERP customers, potentially broadening its business reach.

The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries

Business Wire · 17 Aug 2026positive

Expensify, Inc. announced the expanded availability of Expensify Card spend rules, which enable admins to set proactive, pre-transaction controls on how, where, and when corporate cards can be used, now offered to businesses across 14 countries. The feature is positioned as more advanced than traditional corporate cards.

Why it matters — This broadens Expensify's corporate card product to more international markets, potentially expanding its addressable customer base.

FAQ

Frequently asked questions about EXFY stock

What is the EXFY stock price forecast for 2026-2027?

The 3 Wall Street analysts covering Expensify, Inc. have a median 12-month price target of $3, with estimates ranging from $2.5 to $3. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is EXFY stock a buy right now?

Of the 3 analysts covering Expensify, Inc., 1 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Expensify, Inc. 88 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank EXFY?

As at 6 Oct 2026, Expensify, Inc. ranks 88 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (94 of 100).

Will EXFY stock go up?

No one can know that. What the data says: the median 12-month target from 3 analysts implies +34.5% from the last close, and Ticker Nerd's factor model ranks Expensify, Inc. 88 out of 100 as at 6 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the EXFY stock forecast for 2030?

No analyst covering Expensify, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for EXFY are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $2.5 to $3 over the next 12 months.

How has EXFY stock performed over the past year?

Expensify, Inc. returned +24.6% over the 12 months to 6 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Expensify, Inc. do?

Expensify Inc. Class A Common Stock represents ownership in Expensify, Inc., a software company that provides a cloud-based expense management platform for individuals and businesses.

What is the latest news on EXFY?

The most recent item we track (Business Wire, 6 Oct 2026): "DualEntry Launches Native Two-Way Integration With Expensify". DualEntry launched a native two-way integration with Expensify, allowing finance teams to sync expenses, corporate card spend, reimbursements, and accounting data between the platforms. The integration also syncs DualEntry chart-of-accounts categories into Expensify.

Company

About Expensify, Inc.

Expensify Inc. Class A Common Stock represents ownership in Expensify, Inc., a software company that provides a cloud-based expense management platform for individuals and businesses. Expensify’s products are designed to simplify everyday financial operations, including receipt scanning, expense tracking, corporate card management, bill payment, invoicing, reimbursements, and travel booking. The platform also includes integrations and related tools that support accounting and money management workflows across small businesses, midsized companies, and enterprises. Expensify serves customers in the United States and internationally, making it a broad-based financial software provider focused on automating administrative tasks and centralizing spending processes. Founded in 2008 and headquartered in San Francisco, California, Expensify plays a notable role in the business software market by offering a single environment for expense control, payments, and travel-related spending management.

CEO Mr. David Barrett · 117 employees · United States · https://www.expensify.com