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Investing.com - JMP Securities raised its price target on Atlanticus Holdings Corp. (NASDAQ:ATLC) to $78.00 from $75.00 on Tuesday, while maintaining a Market Outperform rating on the stock. The stock, currently trading at $59.52, has shown remarkable strength with a 90.77% return over the past year. According to InvestingPro data, the company maintains a GREAT financial health score of 3.24.
The price target increase follows Atlanticus’s strong second-quarter 2025 results, which prompted JMP to update its forecast to reflect a faster pace of portfolio growth both this year and in 2026. The company’s impressive 26.2% revenue growth and robust 71.54% gross profit margin support this optimistic outlook. InvestingPro subscribers can access 11 additional key insights about ATLC’s growth potential and financial health.
JMP noted that favorable macroeconomic trends for Atlanticus’s core consumer base are allowing the company to invest more aggressively in marketing spend, contributing to the improved outlook.
The research firm also highlighted that Atlanticus has experienced a high volume of private label originations in the first half of 2025, with normal seasonal trends expected to drive quicker general-purpose growth in the second half.
JMP’s new $78 price target represents the application of a 10x multiple to the firm’s updated 2026 earnings per share estimate for Atlanticus.
In other recent news, Atlanticus Holdings has reported the results of its Annual Meeting of Shareholders, where all seven director nominees were elected with a majority of votes in favor. In financial updates, Keefe, Bruyette & Woods analyst Tim Switzer raised the price target for Atlanticus Holdings to $60, citing the company’s first-quarter performance that exceeded expectations due to changes in the fair value line. Switzer noted strong underlying trends, particularly in receivables growth and positive credit trends, which suggest a moderation in risks related to inflation. Additionally, JMP Securities analyst David Scharf increased the price target to $72, maintaining an Outperform rating. Scharf’s analysis points to a faster rate of portfolio growth for Atlanticus Holdings this year, supported by macroeconomic stability and increased marketing efforts. These developments reflect a positive outlook from analysts following Atlanticus’s recent financial performance and strategic initiatives.
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