A wide economic moat, a near-perfect financial health score of 9 out of 9, exceptional free-cash-flow conversion at 532% of net income, and 41% revenue growth make the business a high-quality franchise among its peers, but at the current price only 8% of headroom remains to the analyst consensus target against approximately 10% of downside — a thin geometry that warrants holding existing positions but not adding until either a price pullback or an upward analyst revision restores a more attractive entry.
Thesis pillars
- Revenue Growth Leadership→Stable
- Wide Moat Exceptional Cash Conversion→Stable
- Thin Upside Asymmetry Failure→Stable
- +1 more pillar — see the Why tab for full reasoning
Flywire Corporation - Voting (FLYW) Stock Analysis
Technology · Software - Infrastructure
Wait for pullback to $17.87. Insider activity concern — blocks BUY_NOW at $19.00. Engine's entry $17.87 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (0.9% away).
Flywire is a global payments enablement and software company serving education, healthcare, travel, and B2B clients, providing invoicing, cross-border payment processing, and reconciliation software across roughly 5,000 clients including more than 3,200 educational institutions... Read more
Wait for pullback to $17.87. Insider activity concern — blocks BUY_NOW at $19.00. Engine's entry $17.87 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (0.9% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.2/10, moderate confidence.
Passes 6/8 gates (positive momentum, no SEC red flags, news boost analyst 0.40, earnings proximity 79d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Flywire Corporation - Voting
About Flywire Corporation - Voting
Flywire enabled more than $37.6 billion in total payment volume in 2025, up from $29.7 billion in 2024, generating revenue of $623.0 million across roughly 5,000 clients spanning education, healthcare, travel, and B2B verticals. The company serves more than 3,200 educational institutions and over 150 healthcare systems, including four of the ten largest U.S. hospital systems by size, while net income reached $13.5 million for the year.
Flywire earns revenue primarily by processing cross-border and in-country domestic payments for its clients' customers -- students, patients, travelers, and businesses -- monetizing the spread between currency conversion, transaction fees, and payment-method costs, supplemented by platform and software fees from its Invoiced and Sertifi acquisitions. The company distributes through channel partnerships with Bank of America, China UnionPay, and Adyen, and integrates with core systems such as Ellucian in education and Cerner in healthcare. Client contracts typically run an initial three-year term and auto-renew annually. Annual net dollar-based retention has declined for three straight years, to 110% in 2025 from 114% in 2024 and 125% in 2023, and the company implemented a restructuring plan in February 2025, including a workforce reduction, to align costs with its current business needs.
Show full overview
Beyond payment economics, Flywire's business model depends on continued access to banking rails: the company discloses that volatility in the banking and financial services sector could impair its bank partnerships, and that its management of both its own operating funds and client funds relies on a limited number of banking partners and financial institutions. Flywire is also regulated as a money services business and is subject to anti-money-laundering, countering-the-financing-of-terrorism, and economic-sanctions requirements across the more than 240 countries and territories where it settles payments, a compliance footprint that scales with -- and could constrain -- its cross-border growth.
See also: Technology · Software - Infrastructure
From Flywire Corporation - Voting's most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-08-16Recent Developments — Flywire Corporation - Voting
Latest news
- NEWS Flywire Q1 2026 Earnings: Strong EPS Beat Drives Positive Stock Reaction - Earnings Surprise Report - dars.gov.et — dars.gov.et positive
- NEWS Flywire Corp (FLYW) Stock Down 5.3% -- Now Undervalued? GF Score: 80/100 - GuruFocus — GuruFocus neutral
- NEWS Flywire (FLYW) Slides 3% as Support Levels Loom – Can the Stock Find a Floor? - Smart Money Flow Stocks - dars.gov.et — dars.gov.et negative
- NEWS Flywire (FLYW) Slides 3% as Support Levels Loom – Can the Stock Find a Floor? - IV Percentile - dars.gov.et — dars.gov.et negative
- NEWS Flywire (FLYW) Slides 3% as Support Levels Loom – Can the Stock Find a Floor? - Short Setup Alerts - dars.gov.et — dars.gov.et negative
Generated 2026-08-16T18:22:05Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $17.87. Insider activity concern — blocks BUY_NOW at $19.00. Engine's entry $17.87 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (0.9% away). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $21.63 (+13.8%), stop $16.37 (−16.1%), A.R:R -0.3:1. Score 6.2/10, moderate confidence.
Take-profit target: $21.63 (-5.0% upside). Target $21.63 (+13.8%), stop $16.37 (−16.1%), A.R:R -0.3:1. Stop-loss: $16.37.
Analyst target reached - limited upside remaining; Near 52-week high (0.9% away); Value-trap signals (2/5): Margin compression (op margin -1.4%), Material insider selling (12 sells, 0.35% of cap).
Flywire Corporation - Voting trades at a P/E of 69.7 (forward 14.0). TrendMatrix value score: 5.7/10. Verdict: Buy (Wait for Entry).
21 analysts cover FLYW with a consensus score of 3.9/5. Average price target: $21.
What does Flywire Corporation - Voting do?Flywire is a global payments enablement and software company serving education, healthcare, travel, and B2B clients,...
Flywire is a global payments enablement and software company serving education, healthcare, travel, and B2B clients, providing invoicing, cross-border payment processing, and reconciliation software across roughly 5,000 clients including more than 3,200 educational institutions and over 150 healthcare systems. The company generated $623.0 million in revenue in 2025, up from $492.1 million in 2024, enabling more than $37.6 billion in total payment volume, and reported net income of $13.5 million for the year.