OppFi (OPFI) Stock Forecast & Price Target

OppFi is viewed favorably because its core installment lending business occupies a differentiated niche in deep subprime credit, with a 132% average yield in 2Q26, a $1,950 average loan size, and an 11-month contractual maturity in 2025, positioning it apart from both EWA/payday and NetCredit. Its outlook is further strengthened by the expanding EWA market, which is estimated at ~$30B in 2025 and could grow another 300% by 2034, while OppFi’s bank acquisition should lower funding costs and expand product and geographic reach. Management also expects the $131M acquisition to be highly accretive, with 25% adjusted EPS accretion in year one, 40% in year two, and 50% in year three, supporting a path toward ~ $3 run-rate EPS by the end of 2028.

OppFi is facing weakening fundamentals as 2Q originations fell over 9% year over year, revenue missed estimates at $145M, and adjusted EPS of $0.33 trailed expectations amid a 52% net charge-off rate and a lower 107.6% fair value mark. The core short-term installment product is losing share to EWA, longer-duration loans, and lines of credit with smaller monthly payments, while the delayed rollout of its own LOC adds execution risk and reduces visibility into growth. Management also cut 2026 guidance to $600M-$625M of revenue and $1.34-$1.51 of adjusted EPS, highlighting competitive pressure, heavy dependence on FinWise and other bank partners, and meaningful regulatory and model-risk exposure.