Expensify Inc (NASDAQ:EXFY) Drops -3.66% In One Week: What’s Boosting Its Stock?

In last trading session, Expensify Inc (NASDAQ:EXFY) saw 0.44 million shares changing hands with its beta currently measuring 1.81. Company’s recent per share price level of $3.42 trading at $0.14 or 4.27% at ring of the bell on the day assigns it a market valuation of $312.63M. That closing price of EXFY’s stock is at a discount of -20.76% from its 52-week high price of $4.13 and is indicating a premium of 63.74% from its 52-week low price of $1.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 436.18K if we extend that period to 3-months.

For Expensify Inc (EXFY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.06 in the current quarter.

Expensify Inc (NASDAQ:EXFY) trade information

Upright in the green during last session for gaining 4.27%, in the last five days EXFY remained trading in the red while hitting it’s week-highest on Friday, 03/14/25 when the stock touched $3.42 price level, adding 3.39% to its value on the day. Expensify Inc’s shares saw a change of 2.09% in year-to-date performance and have moved -3.66% in past 5-day. Expensify Inc (NASDAQ:EXFY) showed a performance of -10.70% in past 30-days. Number of shares sold short was 0.68 million shares which calculate 1.53 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13.75 to the stock, which implies a rise of 75.13% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would jump 26.9% in reaching the projected high whereas dropping to the targeted low would mean a gain of 26.9% for stock’s current value.

Expensify Inc (EXFY) estimates and forecasts

This year revenue growth is estimated to rise 6.85% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 36.41M for the same. And 4 analysts are in estimates of company making revenue of 36.96M in the next quarter. Company posted 33.53M and 33.29M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around -12.44% while estimates for its earnings growth in next 5 years are of 9.41%.

Expensify Inc (NASDAQ:EXFY)’s Major holders

Insiders are in possession of 30.11% of company’s total shares while institution are holding 37.73 percent of that, with stock having share float percentage of 53.99%. Investors also watch the number of corporate investors in a company very closely, which is 37.73% institutions for Expensify Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at EXFY for having 3.15 million shares of worth $4.69 million. And as of 2024-06-30, it was holding 3.6948 of the company’s outstanding shares.

The second largest institutional holder is D. E. SHAW & CO., INC., which was holding about 2.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.1716 of outstanding shares, having a total worth of $4.02 million.

On the other hand, Vanguard Total Stock Market Index Fund and Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.58 shares of worth $5.41 million or 1.99% of the total outstanding shares. The later fund manager was in possession of 1.46 shares on Oct 31, 2024 , making its stake of worth around $4.99 million in the company or a holder of 1.83% of company’s stock.