SEZL Stock Analysis: Sezzle | NASDAQ
Credit Services | NASDAQ, USA | Market Cap: 3.951m USD | 12M Return: 26.7% | US78435P1057 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.3M
EPS Trend: -20.5%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality
Sezzle Inc. is a technology-enabled payments company operating in the United States and Canada, offering a Buy Now, Pay Later (BNPL) platform that allows consumers to receive merchandise at the time of sale and pay in installments over time. Its core offerings include Pay-in-Four (the industry-standard four-installment structure over six weeks), Pay-in-Five, Pay-in-Two, and Pay-in-Full options, catering to a range of consumer credit preferences at the point of sale.
Beyond direct merchant integrations, Sezzle extends its platform through the Sezzle Virtual Card and subscription-based services such as Sezzle Anywhere and Sezzle Premium, enabling consumers to use the platform at non-integrated online and in-store merchants. The company also offers Sezzle Balance (a stored-value product), Sezzle Up (an opt-in feature), and Long-Term Lending through partnerships with third-party lenders, broadening its consumer finance footprint.
Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle has been publicly traded on NASDAQ since August 2023. Operating within the transaction and payment processing segment of the financials sector, the company participates in the rapidly growing BNPL market, which has gained traction as an alternative to traditional credit cards by offering simpler, interest-free short-term installment plans.
- GMV growth accelerates as Pay-in-Four adoption expands
- Credit losses rise as consumer delinquencies pressure margins
- CFPB BNPL regulation increases compliance and capital costs
| Net Income: 161.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.72 > 0.02 and ΔFCF/TA 61.85 > 1.0 |
| NWC/Revenue: 57.66% < 20% (prev 59.89%; Δ -2.22% < -1%) |
| CFO/TA 0.72 > 3% & CFO 328.6m > Net Income 161.4m |
| Net Debt (38.1m) to EBITDA (212.6m): 0.18 < 3 |
| Current Ratio: 4.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.8m) vs 12m ago -3.71% < -2% |
| Gross Margin: 90.80% > 18% (prev 69.57%; Δ 21.23% > 0.5%) |
| Asset Turnover: 131.8% > 50% (prev 106.1%; Δ 25.75% > 0%) |
| Interest Coverage Ratio: 15.20 > 6 (EBIT TTM 210.9m / Interest Expense TTM 13.9m) |
| A: 0.67 (Total Current Assets 408.4m - Total Current Liabilities 101.7m) / Total Assets 456.5m |
| B: 0.15 (Retained Earnings 66.2m / Total Assets 456.5m) |
| C: 0.52 (EBIT TTM 210.9m / Avg Total Assets 403.5m) |
| D: 1.04 (Book Value of Equity 233.0m / Total Liabilities 223.5m) |
| Altman-Z'' = 9.49 = AAA |
| DSRI: 1.15 (Receivables 310.2m/189.0m, Revenue 531.9m/371.8m) |
| GMI: 0.77 (GM 69.57% / 90.80%) |
| AQI: 0.95 (AQ_t 0.10 / AQ_t-1 0.11) |
| SGI: 1.43 (Revenue 531.9m / 371.8m) |
| TATA: -0.37 (NI 161.4m - CFO 328.6m) / TA 456.5m) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of September 22, 2026, the stock is trading at USD 116.55 with a total of 731,718 shares traded. Over the past week, the price has changed by -4.13%, over one month by -2.15%, over three months by -25.51% and over the past year by +26.71%.
Current recommended Stop Loss: 106.60 (which is 8.5% or 1.5 ATR below the current price).
Sezzle has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy SEZL.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 168 | 44.1% |
P/E Trailing = 26.1292
P/E Forward = 19.0114
P/S = 7.4278
P/B = 17.2239
P/EG = 0.0717
Revenue TTM = 531.9m USD
EBIT TTM = 210.9m USD
EBITDA TTM = 212.6m USD
Long Term Debt = 121.5m USD (from longTermDebt, last quarter)
Short Term Debt = 281k USD (from shortTermDebt, last quarter)
Debt = 122.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 593k
Net Debt = 38.1m USD (calculated: Debt 122.4m - CCE 84.3m)
Enterprise Value = 3.99b USD (3.95b + Debt 122.4m - CCE 84.3m)
Interest Coverage Ratio = 15.20 (Ebit TTM 210.9m / Interest Expense TTM 13.9m)
EV/FCF = 12.22x (Enterprise Value 3.99b / FCF TTM 326.5m)
FCF Yield = 8.18% (FCF TTM 326.5m / Enterprise Value 3.99b)
FCF Margin = 61.38% (FCF TTM 326.5m / Revenue TTM 531.9m)
Net Margin = 30.35% (Net Income TTM 161.4m / Revenue TTM 531.9m)
Gross Margin = 90.80% ((Revenue TTM 531.9m - Cost of Revenue TTM 48.9m) / Revenue TTM)
Gross Margin QoQ = 86.15% (prev 86.34%)
Tobins Q-Ratio = 8.74 (Enterprise Value 3.99b / Total Assets 456.5m)
Interest Expense / Debt = 11.33% (Interest Expense 13.9m / Debt 122.4m)
Taxrate = 19.65% (39.5m / 200.9m)
NOPAT = 169.4m (EBIT 210.9m * (1 - 19.65%))
Current Ratio = 4.02 (Total Current Assets 408.4m / Total Current Liabilities 101.7m)
Debt / Equity = 0.53 (Debt 122.4m / totalStockholderEquity, last quarter 233.0m)
Debt / EBITDA = 0.18 (Net Debt 38.1m / EBITDA 212.6m)
Debt / FCF = 0.12 (Net Debt 38.1m / FCF TTM 326.5m)
Total Stockholder Equity = 188.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 40.01% (Net Income 161.4m / Total Assets 456.5m)
RoE = 85.55% (Net Income TTM 161.4m / Total Stockholder Equity 188.7m)
RoCE = 67.98% (EBIT 210.9m / Capital Employed (Equity 188.7m + L.T.Debt 121.5m))
RoIC = 51.58% (NOPAT 169.4m / Invested Capital 328.5m)
WACC = 15.89% (E(3.95b)/V(4.07b) * Re(16.10%) + D(122.4m)/V(4.07b) * Rd(11.33%) * (1-Tc(0.20)))
Discount Rate = 16.10% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 32.53 | Cagr: -1.17%
[DCF] Terminal Value 57.42% ; FCFF base≈209.5m ; Y1≈240.1m ; Y5≈353.4m
[DCF] Fair Price = 65.79 (EV 2.25b - Net Debt 38.1m = Equity 2.22b / Shares 33.7m; r=15.89% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -20.54 | EPS CAGR: -12.41% | SUE: 0.41 | # QB: 0
Revenue Correlation: 99.14 | Revenue CAGR: 66.22% | SUE: 1.17 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.28 | Chg30d=+3.13% | Revisions=+62% | Analysts=6
EPS current Year (2026-12-31): EPS=5.26 | Chg30d=+2.67% | Revisions=+67% | GrowthEPS=+46.5% | GrowthRev=+35.2%
EPS next Year (2027-12-31): EPS=6.65 | Chg30d=+1.61% | Revisions=+22% | GrowthEPS=+26.4% | GrowthRev=+24.3%
[Analyst] Revisions Ratio: +65% (up=15, down=2)