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EXFY
Volume: 24
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Expensify (EXFY) Stock Forecast & Price Target

Expensify (EXFY) Analyst Ratings

Based on 9 analyst ratings
Buy
Strong Buy 33%
Buy 22%
Hold 33%
Sell 11%
Strong Sell 0%

Bulls say

Expensify Inc. demonstrated promising financial performance, with transaction revenue from interchange growing 7% in 2023, totaling $11.1 million, highlighting the company's effective monetization strategy despite this revenue channel only comprising 7% of the overall business. Additionally, the company provided an optimistic free cash flow guidance for 2024, initially set at $10.0 million to $12.0 million, which was subsequently raised to $11.0 million to $13.0 million, indicating strong cash generation potential and better operational efficiency. The implementation of cost-cutting measures and the expected 20% increase in interchange from new card offerings suggest improved margins, further supporting a favorable financial outlook for Expensify's future growth.

Bears say

Expensify Inc. has reported a continued decline in revenue for four consecutive quarters, with Q4 revenue falling to $35.2 million, demonstrating a lack of growth and overall stagnation since 2021. The company has experienced a significant drop in paid subscribers, down 23,000 quarter-over-quarter to 719,000, alongside a troubling decline in average revenue per user (ARPU), which affects future financial prospects. Additionally, the erosion of the EBITDA margin from 25% in 2022 to just 9% in 2023 underscores the challenges posed by increasing investments and a deteriorating growth environment, raising concerns about the company's financial sustainability.

Expensify (EXFY) has been analyzed by 9 analysts, with a consensus rating of Buy. 33% of analysts recommend a Strong Buy, 22% recommend Buy, 33% suggest Holding, 11% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Expensify and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Expensify (EXFY) Forecast

Analysts have given Expensify (EXFY) a Buy based on their latest research and market trends.

According to 9 analysts, Expensify (EXFY) has a Buy consensus rating as of Jun 16, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $9.50, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $9.50, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Expensify (EXFY)

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