# Expensify (EXFY) — Analyst Forecast

EXFY · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/exfy/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Aug 7, 2026 | Citizens | Upgraded | Market Perform → Market Outperform | $3.00 |
| May 9, 2025 | Lake Street | Maintained | Buy | $4.50 |
| Feb 28, 2025 | Lake Street | Maintained | Buy | $5.00 |
| Dec 16, 2024 | Citigroup | Maintained | Buy | $5.00 |
| Nov 25, 2024 | JMP Securities | Downgraded | Market Outperform → Market Perform | — |
| Aug 9, 2024 | JMP Securities | Upgraded | Market Perform → Market Outperform | $2.50 |
| Jun 14, 2024 | JMP Securities | Maintained | Market Perform | — |
| Apr 23, 2024 | Citigroup | Maintained | Buy | $4.00 |
| Feb 23, 2024 | Piper Sandler | Maintained | Neutral | $2.00 |
| Jan 2, 2024 | Piper Sandler | Maintained | Neutral | $3.00 |
| Nov 8, 2023 | Piper Sandler | Maintained | Neutral | $2.00 |
| Nov 8, 2023 | Morgan Stanley | Maintained | Underweight | $2.00 |
| Oct 23, 2023 | Piper Sandler | Maintained | Neutral | $4.00 |
| Sep 15, 2023 | JP Morgan | Initiated Coverage | Underweight | — |
| Aug 9, 2023 | Citigroup | Maintained | Buy | $8.00 |
| Aug 9, 2023 | JMP Securities | Downgraded | Market Outperform → Market Perform | — |
| Aug 9, 2023 | Loop Capital | Downgraded | Buy → Hold | $6.00 |
| Aug 9, 2023 | Lake Street | Maintained | Buy | $7.00 |
| Aug 9, 2023 | Piper Sandler | Maintained | Neutral | $7.00 |
| Jun 12, 2023 | Morgan Stanley | Downgraded | Equal-Weight → Underweight | $5.00 |

## Frequently Asked Questions

### What is the latest analyst rating on EXFY?

On Aug 7, 2026, Citizens upgraded Expensify to Market Outperform with a price target of $3.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).