Flywire (NASDAQ:FLYW – Get Free Report) was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Flywire’s Q3 2025 earnings at $0.22 EPS, Q3 2026 earnings at $0.26 EPS and FY2026 earnings at $0.44 EPS.
FLYW has been the topic of a number of other reports. B. Riley restated a “buy” rating and set a $30.00 price objective on shares of Flywire in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Flywire from $23.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Wells Fargo & Company lowered shares of Flywire from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $20.00 to $18.00 in a research note on Friday, October 11th. Morgan Stanley raised their price objective on shares of Flywire from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group boosted their target price on Flywire from $22.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $25.36.
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Flywire Price Performance
Institutional Investors Weigh In On Flywire
A number of institutional investors and hedge funds have recently modified their holdings of the stock. FMR LLC raised its position in shares of Flywire by 3.6% during the third quarter. FMR LLC now owns 9,408,098 shares of the company’s stock worth $154,199,000 after purchasing an additional 326,120 shares during the period. Westfield Capital Management Co. LP increased its stake in Flywire by 19.3% in the 3rd quarter. Westfield Capital Management Co. LP now owns 6,226,912 shares of the company’s stock worth $102,059,000 after purchasing an additional 1,006,516 shares in the last quarter. State Street Corp raised its holdings in Flywire by 5.2% during the 3rd quarter. State Street Corp now owns 2,930,906 shares of the company’s stock worth $48,038,000 after buying an additional 145,894 shares during the period. Geode Capital Management LLC lifted its stake in Flywire by 0.6% during the third quarter. Geode Capital Management LLC now owns 2,799,486 shares of the company’s stock valued at $45,892,000 after buying an additional 17,062 shares in the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of Flywire by 5.3% in the third quarter. Jennison Associates LLC now owns 2,226,750 shares of the company’s stock worth $36,496,000 after buying an additional 112,218 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.
Flywire Company Profile
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly.
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