Flywire Targets Raised to $17 and $19 Signal 58%-76% Upside
Truist raised Flywire’s price target from $16 to $17 on January 20 for a 58% upside, and Stephens lifted its target to $19 on January 16 for a 76% upside. Analysts cite Flywire’s low valuation and favorable higher education payment trends as growth drivers.
1. Price Target Increases
On January 20 Truist increased its Flywire price target from $16 to $17, projecting 58% potential upside, while Stephens upgraded the stock to Overweight on January 16 and raised its target from $17 to $19 for a 76% upside.
2. Analyst Rationales
Both analysts highlighted Flywire’s low current valuation, recent outperformance streak and a conducive higher education payments environment as key factors supporting the upward revisions.
3. Business Model and Growth Drivers
Flywire provides vertical-specific software enabling streamlined cross-border and domestic payments for B2B clients across multiple currencies and payment types, positioning it to benefit from continued digitalization of education and healthcare payments.