Andrew Bauch, an analyst from Wells Fargo, maintained the Hold rating on Flywire (FLYW – Research Report). The associated price target is $20.00.
Andrew Bauch’s rating is based on Flywire’s recent financial performance and future guidance, which have raised several concerns. The company reported fourth-quarter results that fell short of expectations, with net revenue and adjusted gross profit both coming in below the anticipated figures. Additionally, Flywire’s guidance for fiscal year 2025 indicates growth rates and margin expansions that are significantly lower than what the market had projected.
Moreover, Flywire is undergoing an operational and business portfolio review, which includes a reduction in workforce by approximately 10%. This strategic shift introduces uncertainty about the company’s future performance. While there are potential growth opportunities, such as the acquisition of Sertifi, the overall outlook remains cautious, prompting Bauch to issue a Hold rating as investors await more clarity on the company’s strategic direction and ability to overcome current headwinds.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FLYW in relation to earlier this year.