Goldman Sachs Downgrades Flywire (FLYW) to Neutral

Goldman Sachs analyst Will Nance downgraded Flywire (NASDAQ: FLYW) from Buy to Neutral with a price target of $15.00.

The analyst comments "FLYW reported 4Q24 earnings and provided 2025 guidance. FLYW’s guidance was disappointing, with the company guiding roughly 10% below consensus at the midpoint, excluding the acquisition of Sertifi (closed) and including a 10% headcount reduction. While we had expected weaker than consensus guidance as a function of FX, the company is now anticipating a 30% decline in CAD/AUS cross border education revenues in 2026, from its prior expectation of flat Canada, and is also baking in incremental pressure in the U.S. following a decline in student visa issuance more recently. Overall, we believe investors were looking for a stabilization in some of these trends, and were not expecting new issues in the U.S., given student immigration has not been a major point of policy discussion in the new administration. Please see inside for details on the quarter and our updated expectations."

For an analyst ratings summary and ratings history on Flywire click here. For more ratings news on Flywire click here.

Shares of Flywire closed at $17.64 yesterday.

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