BUZZ-Green Dot gains after raising annual profit forecast

Reuters

2025/08/12

BUZZ-<a href="https://laohu8.com/S/GDOT">Green Dot</a> gains after raising annual profit forecast

** Digital bank Green Dot's GDOT.N shares jump 18.8% to $11.80 premarket

** GDOT raised annual adjusted profit forecast on Monday, betting on increasing demand for banking as a service (BaaS) with its new and expanding partnerships

** GDOT is continuing to pick up traction and build on momentum, says Northland Capital analyst Mike Grondahl

** Brokerage raises PT to $16 from $14, implying a 61% upside to stock's last close

** Two of 3 brokerages rate the stock "buy" and 1 "hold"; median PT is $14 - data compiled by LSEG

** As of last close, GDOT shares down 6.7% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

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median PT is $14 - data compiled by LSEG</p><p>** As of last close, GDOT shares down 6.7% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Green Dot gains after raising annual profit forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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median PT is $14 - data compiled by LSEG</p><p>** As of last close, GDOT shares down 6.7% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDOT","symbol_name":"Green Dot","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250812:nL6N3U40FZ:1","article_id":"2558649743","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558649743","pubTimestamp":1754997355,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Green Dot gains after raising annual profit forecast** Digital bank Green Dot's GDOT.N shares jump 18.8% to $11.80 premarket** GDOT raised annual adjusted profit forecast on Monday, betting on increasing demand for banking as a service  with its new and expanding partnerships** GDOT is continuing to pick up traction and build on momentum, says Northland Capital analyst Mike Grondahl** Brokerage raises PT to $16 from $14, implying a 61% upside to stock's last close** Two of 3 brokerages rate the stock \"buy\" and 1 \"hold\"; 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