OppFi (OPFI) Stock Forecast & Price Target

OppFi is viewed favorably because the pending BNCCorp acquisition could materially improve earnings power through lower funding costs, geographic and product expansion, and a path to becoming a nationally chartered bank holding company, with the deal expected to close in 4Q26. Management has reiterated that the transaction should be 25% accretive to Adjusted EPS in 2027, 40% in 2028, and 50% in 2029, supporting a target of about $3.00 of run-rate EPS by the end of 2028. Even though core triple-digit APR installment growth faces competition from EWA and other LOC products, the shares trade at only about 4.5x to 4.6x 2027E earnings, leaving room for upside if the new product mix and acquisition benefits are realized.

OppFi is facing a deteriorating growth profile, with 2Q originations down more than 9% year over year after a 7% decline in 1Q, as its core short-term installment product loses share to EWA, longer-term loans, and lines of credit with lower monthly payments. The company’s 2Q adjusted EPS of $0.33 missed expectations, revenues of $145M were below estimates, and management cut full-year guidance to $600M-$625M of revenue and $1.34-$1.51 of adjusted EPS, signaling weaker operating leverage and less visibility. Execution risk is rising as new product rollouts are delayed and adoption is unproven, while elevated regulatory, referral-partner, and model-risk exposures could further pressure originations, margins, and profitability.