24/7 Market News Snapshot 05 March, 2025 – OppFi Inc. (NYSE:OPFI)

March 5, 2025

DENVER, Colo., 05 March, 2025 (247marketnews.com) – (NYSE:OPFI) are discussed in this article.
OppFi Inc. (OPFI) has demonstrated considerable market activity, opening today at $11.25 and experiencing a noteworthy bullish uptick of approximately 9.95%. However, the stock is currently trading at $10.28, indicating a pullback in momentum. Trading volume reached 3.78 million, reflecting increased investor interest. Analysts identify support levels around $10, while resistance aligns with the opening price of $11.25. Should the price continue to decline, it may indicate a bearish trend, whereas a rebound could suggest a renewal of bullish activity. Investors are encouraged to monitor key technical indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), to assess potential entry points and overall market sentiment.

In conjunction with the stock performance, OppFi has also reported robust financial results for the fourth quarter and full year ended December 31, 2024. The company achieved a quarterly revenue of $135.7 million, reflecting a 2.1% increase year-over-year, while net income surged significantly by 619.7% to $14.0 million, driven by a reduction in credit loss provisions. For the complete year, OppFi’s revenue totaled $526.0 million, a 3.3% rise, with net income reaching $83.8 million—a 112.4% increase. This performance underscores the effectiveness of the company’s strategic focus on innovation and enhancing customer service.

Looking ahead to 2025, OppFi projects revenue to increase between $563 million and $594 million, representing a growth trajectory of 7% to 13% year-over-year, along with an anticipated adjusted net income of $95 million to $97 million. The firm remains dedicated to empowering underserved consumers through innovative financial solutions, positioning itself for sustained growth and value creation for shareholders in the future.

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