Oppenheimer Holdings Inc. Class A Common Stock (DE) (OPY)

FairStock Score: 88/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Oppenheimer is a 3,062-employee middle-market investment bank and broker-dealer. That is a cyclical, capital-intensive, people-driven business, and its moat is narrow at best. At the 2026-10-13 close of $106.95, FairStock calculations put the market cap near $1.2B, P/E at 11.87, P/B at 1.16, ROE at 10.82%, ROCE at 2.59%, and PEG at 0.45. The price is moderate: below 12 times earnings and only a little above book, with a 0.69% dividend yield and beta of 1.09. But the Piotroski F-score of 3/9 and D/E of 1.48 warn that this is not a fortress balance sheet. Filed results are volatile: in fiscal Q1 2026, the quarter ended 2026-03-31, Oppenheimer lost $20.6M and diluted EPS was -$1.93; in fiscal Q2 2026, the quarter ended 2026-06-30, net income was $27.4M and diluted EPS was $2.38 on revenue of $389.4M. For fiscal year 2025, the year ended 2025-12-31, filed figures show revenue of $1.4B, net income of $148.4M and diluted EPS of $13.04, up sharply from fiscal year 2024's $71.6M and $6.37. Yet FairStock's Lynch rule calls it a slow grower because five-year profit growth was only 3.8% a year and revenue 4.8%. That fits: good years can be followed by losses. The PEG of 0.45 and FairStock score of 88/100 look attractive, but quality is uneven. CET1, NIM and combined ratio are not in the data, so I cannot judge regulatory capital, net interest margin or underwriting risk. I would call it a fair-to-cheap, second-tier financial with cyclical upside and real earnings risk.

In plain English: Oppenheimer Holdings is a middle-market investment bank and full-service broker-dealer. It earns money from brokerage, wealth planning, asset management and trading. The business looks reasonably profitable, but profits swing a lot and it uses significant debt; the share price looks fair to cheap compared with earnings and net assets.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer