Flywire Corp’s stock reached a 52-week high of $18.99 on Wednesday, trading at $18.97 with a market capitalization of $2.29 billion. The gain extends a 54.34% increase over the past year and a 62.5% rise over the last six months.
The company reported second-quarter 2026 revenue of $164 million, exceeding the $156.9 million consensus estimate. Adjusted EBITDA totaled $24 million, while the adjusted EBITDA margin expanded to 14.6% from the prior year. Transaction revenue rose 35% to $135.9 million, and transaction payment volume increased 43%.
B.Riley raised its price target on Flywire to $24 from $22, maintaining a Buy rating. The upgrade follows eight analyst upgrades for the upcoming period, with seven additional exclusive earnings revisions available to subscribers. Analysts cited strong performance in travel, education and hospitality as key drivers behind the growth.
Flywire attributed its performance to consistent operational execution, new client acquisitions and the adoption of artificial intelligence tools. The company’s shares have gained momentum in 2026, outperforming broader market benchmarks amid rising demand for digital payment solutions in high-growth sectors.
