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Expensify, Inc. (EXFY) Stock Forecast & Price Prediction

Live EXFY Stock Price & Analysis

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$4.02

+0.17 (4.42%)

12 Month Price Forecast For EXFY

$4.02
Current Price
$305.14M
Market Cap
5 Ratings
Buy 2
Hold 3
Sell 0
Wall St Analyst Ratings

Distance to EXFY Price Forecasts

-0.5%
To High Target of $4.00
-25.4%
To Median Target of $3.00
-50.2%
To Low Target of $2.00

EXFY Price Momentum

+9.2%
1 Week Change
+43.1%
1 Month Change
+64.1%
1 Year Change
+62.8%
Year-to-Date Change
-2.7%
From 52W High of $4.13
+224.2%
From 52W Low of $1.24

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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

2
Buy
3
Hold
0
Sell

EXFY Price Target Range

Low
$2.00
Average
$3.00
High
$4.00
Current: $4.02

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

Market Cap $305.14M
Enterprise Value $267.07M
P/E Ratio -7.9x
PEG Ratio 13.2x
Price/Sales 2.2x

Growth & Margins

Revenue Growth (YoY) -3.0%
Gross Margin +51.6%
Operating Margin +0.8%
Net Margin -11.6%
EPS Growth N/A

Financial Health

Cash/Price Ratio +10.9%
Current Ratio 2.9x
Debt/Equity 5.5x
ROE -14.8%
ROA -2.3%

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Expensify, Inc. logo

Expensify, Inc. (EXFY) Company Overview

About Expensify, Inc.

What They Do

Cloud-based expense management software platform.

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.

Additional Information

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

Expensify, Inc. (EXFY) Latest News & Analysis

EXFY stock latest news image

Sezzle and Expensify Jump After Earnings to Spur 4.3% FinTech IPO Index Rally

28 days ago
Quick Summary

On 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.

Why It Matters

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.

Source: PYMNTS
Market Sentiment: Positive
EXFY stock latest news image

The Jury's Still Out On Expensify's Platform 2.0 Approach

1 month ago
Quick Summary

Expensify'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.

Why It Matters

Expensify's declining revenue raises concerns, but improved cash flow and a growing market signal potential for future recovery, influencing investment strategies.

Source: Seeking Alpha
Market Sentiment: Positive
EXFY stock latest news image

Expensify, Inc. (EXFY) Q3 2024 Earnings Call Transcript

1 month ago
Quick Summary

Expensify, 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.

Why It Matters

Expensify's Q3 earnings call provides insights into financial performance and future outlook, crucial for assessing growth potential and investment decisions in the company.

Source: Seeking Alpha
Market Sentiment: Neutral
EXFY stock latest news image

Expensify Announces Q3 2024 Results

1 month ago
Quick Summary

Expensify, 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.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
EXFY stock latest news image

Expensify to Announce Q3 Results

1 month ago
Quick Summary

Expensify, 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.

Why It Matters

Expensify's upcoming Q3 financial results release could impact stock performance and investor sentiment, as earnings reports often influence market valuation and trading decisions.

Source: Business Wire
Market Sentiment: Neutral
EXFY stock latest news image

Expensify Pays Down All Debt and Announces Share Repurchase

3 months ago
Quick Summary

Expensify, 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.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral

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.