Aug. 31 at 7:43 PM
$FLYW Dan Perlin from RBC is among the better analysts in the space. Just raised his year end target on Flywire to
$25. This time next year it will likely be at
$35 as the company is producing strong growth with rising margins, always a good combination. Looking out to 2028, on consensus numbers that appear way too low, the stock is at 7.4x EV/EBITDA. The market overall tends to be at 13x on a NTM forward basis. With this company being higher growth than the market and also being a potential M&A target, it ought to be above the market's multiple not almost half of it. Investors can be very short sighted sometimes, but that's the opportunity.
