Expensify Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Expensify stock has a consensus rating of "Hold" and an average price target of $1.13. The average 1-year stock price forecast is 1.74% lower than the current stock price, while the lowest is $1.00 (-13.04%) and the highest is $1.25 (+8.70%).

Price Target: $1.13 (-1.74%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$1.00	$1.13	$1.13	$1.25
Change	-13.04%	-1.74%	-1.74%	+8.70%

* Price targets were last updated on Apr 24, 2026.

Analyst Ratings

The average analyst rating for Expensify stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Jester BMO Capital	BMO Capital	Hold Maintains $1.5 → $1.25	Hold	Maintains	$1.5 → $1.25	+8.70%	Apr 24, 2026
Steve Enders Citi	Citi	Buy Maintains $5	Buy	Maintains	$5	+334.78%	Dec 19, 2025

Financial Forecast

Revenue This Year

135.36M

from 142.10M

-4.75%

from 142.10M

Revenue Next Year

134.80M

from 135.36M

-0.41%

from 135.36M

EPS This Year

0.09

from 0.06

54.13%

from 0.06

EPS Next Year

0.07

from 0.09

-19.23%

from 0.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	142.84M	169.50M	150.69M	139.24M	142.10M	135.36M
Revenue Growth	62.18%	18.67%	-11.10%	-7.60%	2.06%	-4.75%
Gross Profit	89.14M	106.83M	83.80M	75.00M	71.53M	73.68M
Gross Margin	62.41%	63.03%	55.61%	53.86%	50.34%	54.43%
Operating Income	-10.25M	-15.23M	-33.15M	-820.00K	-18.02M	13.70M
Net Income	-13.56M	-27.01M	-41.46M	-10.06M	-21.39M	-14.15M
EPS	-	-	-	-	0.06	0.09
EPS Growth	-	-	-	-	-79.07%	54.13%
Forward PE	135.64	31.95	-	13.85	8.56	13.27
Free Cash Flow	-10.07M	26.11M	9.69M	25.67M	26.91M	7.55M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	138.0M
Avg	135.4M
Low	133.7M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-2.9%
Avg	-4.7%
Low	-5.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.09
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	54.1%
Low	-