12 Month Price Forecast For EXFY
Distance to EXFY Price Forecasts
EXFY Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 11:54 AM UTC
EXFY Analyst Ratings & Price Targets
Based on our analysis of 13 Wall Street analysts, EXFY has a consensus that is neutral. The median price target is $3.00, with forecasts ranging from $2.00 to $4.00. Currently, there are 2 Buy ratings, 3 Hold ratings, and 0 Sell ratings.
With EXFY currently trading at $4.02, the median price forecast suggests a -25.4% downside. The most optimistic forecast comes from Steven Enders at Citigroup, projecting a -0.5% downside, while Brent Bracelin at Piper Sandler provides the most conservative target, suggesting a -50.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
EXFY Analyst Consensus
EXFY Price Target Range
Latest EXFY Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for EXFY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 25, 2024 | JMP Securities | Aaron Kimson | Market Perform | Downgrade | $0.00 |
| Aug 9, 2024 | JMP Securities | Aaron Kimson | Market Outperform | Upgrade | $2.50 |
| Jun 14, 2024 | JMP Securities | Joe Goodwin | Market Perform | Reiterates | $0.00 |
| Apr 23, 2024 | Citigroup | Steven Enders | Buy | Maintains | $4.00 |
| Feb 23, 2024 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $2.00 |
| Jan 2, 2024 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $3.00 |
| Nov 8, 2023 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $2.00 |
| Nov 8, 2023 | Morgan Stanley | James Faucette | Underweight | Maintains | $2.00 |
| Oct 23, 2023 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $4.00 |
| Sep 15, 2023 | JP Morgan | Sterling Auty | Underweight | Initiates | $0.00 |
| Aug 9, 2023 | Lake Street | Eric Martinuzzi | Buy | Maintains | $7.00 |
| Aug 9, 2023 | Citigroup | Steven Enders | Buy | Maintains | $8.00 |
| Aug 9, 2023 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $7.00 |
| Aug 9, 2023 | JMP Securities | Joe Goodwin | Market Perform | Downgrade | $0.00 |
| Aug 9, 2023 | Loop Capital | Yun Kim | Hold | Downgrade | $6.00 |
| Jun 12, 2023 | Morgan Stanley | James Faucette | Underweight | Downgrade | $5.00 |
| May 10, 2023 | Piper Sandler | Brent Bracelin | Neutral | Maintains | $9.00 |
| May 10, 2023 | JMP Securities | Joe Goodwin | Outperform | Maintains | $12.00 |
| May 10, 2023 | BMO Capital | Daniel Jester | Market Perform | Downgrade | $8.50 |
| May 10, 2023 | Citigroup | Steven Enders | Buy | Maintains | $10.00 |
Expensify, Inc. (EXFY) Financial Data
Expensify, Inc. has a market capitalization of $305.14M with a P/E ratio of -7.9x. The company generates $137.44M in trailing twelve-month revenue with a -11.6% profit margin.
Revenue growth is -3.0% quarter-over-quarter, while maintaining an operating margin of +0.8% and return on equity of -14.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Expensify, Inc. (EXFY) Company Overview
About Expensify, Inc.
Cloud-based expense management software platform.
Expensify generates revenue through subscription fees from individuals and businesses using its expense management software. The platform offers various features such as managing corporate cards, invoicing, and travel booking, catering to a wide range of customers including small and midsized businesses, as well as enterprises.
Founded in 2008 and headquartered in Portland, Oregon, Expensify operates both in the United States and internationally, positioning itself to capture a diverse user base and adapt to the evolving needs of expense management in various markets.
Company Information
Sector
Technology
Industry
Software - Application
Employees
133
CEO
Mr. David Barrett
Country
United States
IPO Year
2021
Website
www.expensify.comExpensify, Inc. (EXFY) Latest News & Analysis
Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally
28 days agoOn Nov. 14, stocks paused, but the FinTech IPO Index showed an upward trend. Earnings reports highlighted the ongoing strength of the buy now, pay later sector.
The upward trend in the FinTech IPO Index and strong performance of BNPL signals growing investor confidence and potential for continued market expansion in the financial technology sector.
The Jury's Still Out On Expensify's Platform 2.0 Approach
1 month agoExpensify's Q3 2024 results indicate declining revenue but better free cash flow guidance. The expense management market is expected to grow, despite challenges in revenue growth.
Expensify's declining revenue raises concerns, but improved cash flow and a growing market signal potential for future recovery, influencing investment strategies.
Expensify, Inc. (EXFY) Q3 2024 Earnings Call Transcript
1 month agoExpensify, Inc. (NASDAQ:EXFY) will hold its Q3 2024 earnings call on November 7, 2024, at 5:00 PM ET, featuring insights from key executives. All information is unaudited.
Expensify's Q3 earnings call provides insights into financial performance and future outlook, crucial for assessing growth potential and investment decisions in the company.
Expensify Announces Q3 2024 Results
1 month agoExpensify, Inc. (Nasdaq: EXFY) reported strong Q3 2024 results, continuing the positive trend from prior quarters. A letter to shareholders was released by CEO David Barrett.
Expensify's strong Q3 results indicate robust growth, enhancing investor confidence and potentially driving stock value as the company continues to perform well in the payments sector.
Expensify to Announce Q3 Results
1 month agoExpensify, Inc. (Nasdaq: EXFY) will release its Q3 financial results on November 7, 2024, after market close, followed by a call at 2pm PT/5pm ET.
Expensify's upcoming Q3 financial results release could impact stock performance and investor sentiment, as earnings reports often influence market valuation and trading decisions.
Expensify Pays Down All Debt and Announces Share Repurchase
3 months agoExpensify, Inc. (Nasdaq: EXFY) has paid off $15 million of its revolving credit and a $7.6 million mortgage, and repurchased 645,938 shares from its founder, strengthening its financial position.
Expensify's debt reduction and share repurchase signal financial stability and a commitment to returning value to shareholders, which can boost investor confidence and stock performance.
Frequently Asked Questions About EXFY Stock
What is Expensify, Inc.'s (EXFY) stock forecast for 2025?
Based on our analysis of 13 Wall Street analysts, Expensify, Inc. (EXFY) has a median price target of $3.00. The highest price target is $4.00 and the lowest is $2.00.
Is EXFY stock a good investment in 2025?
According to current analyst ratings, EXFY has 2 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $4.02. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for EXFY stock?
Wall Street analysts predict EXFY stock could reach $3.00 in the next 12 months. This represents a -25.4% decrease from the current price of $4.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Expensify, Inc.'s business model?
Expensify generates revenue through subscription fees from individuals and businesses using its expense management software. The platform offers various features such as managing corporate cards, invoicing, and travel booking, catering to a wide range of customers including small and midsized businesses, as well as enterprises.
What is the highest forecasted price for EXFY Expensify, Inc.?
The highest price target for EXFY is $4.00 from Steven Enders at Citigroup, which represents a -0.5% decrease from the current price of $4.02.
What is the lowest forecasted price for EXFY Expensify, Inc.?
The lowest price target for EXFY is $2.00 from Brent Bracelin at Piper Sandler, which represents a -50.2% decrease from the current price of $4.02.
What is the overall EXFY consensus from analysts for Expensify, Inc.?
The overall analyst consensus for EXFY is neutral. Out of 13 Wall Street analysts, 2 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $3.00.
How accurate are EXFY stock price projections?
Stock price projections, including those for Expensify, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
