Flywire Reports First Quarter 2024 Financial Results

Go back to Flywire Reports First Quarter 2024 Financial Results

Flywire (FLYW) PT Lowered to $25 at Deutsche Bank

May 8, 2024 6:54 AM UTC

Deutsche Bank analyst Nate Svensson lowered the price target on Flywire (NASDAQ: FLYW) to $25.00 (from $35.00) while maintaining a Buy rating.+

The analyst comments "FLYW reported 1Q24 revenue less ancillary services right in line with our est. at ~ $110m (~24% Y/Y growth) while beating on adj. EBITDA at ~$13m (~12% margins). When we put out our earnings preview... More

Flywire (FLYW) PT Lowered to $34 at RBC Capital

May 8, 2024 6:25 AM UTC

RBC Capital analyst Daniel Perlin lowered the price target on Flywire (NASDAQ: FLYW) to $34.00 (from $41.00) while maintaining a Outperform rating.

The analyst comments "1Q24 print and guidance change illustrate the combination of FX headwinds and rolling ramp in its Canadian education business. Despite... More

Citi Positive on Flywire (FLYW)

May 8, 2024 5:04 AM UTC

Citi analyst Ashwin Shirvaikar reiterated a Buy rating and $36.00 price target on Flywire (NASDAQ: FLYW).

The analyst comments "Flywire posted a top- and bottom-line beat versus our estimates/consensus for the Mar-24 quarter, driven by U.K. higher education clients and travel... More