Earnest Operations
Earnest Operations is a fintech company providing student loans and refinancing with flexible payments and no fees on its products.
Secondary Market Price
How Earnest Operations Measures Up
To help you manage your Earnest Operations equity, Prospect has run the company through our machine learning model.
Prospect Rating
This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
--
Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
Secondary Market Price Chart
Create a free account to unlock real-time secondary market prices and future projections of Earnest Operations's value.
Sign up to Unlock the Latest DataData will be available soon.
Sign up to receive notifications when it is available.
Prospect Projected Future Earnest Operations Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Earnest Operations's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Earnest Operations LLC is a financial services company specializing in student loans and student loan refinancing. The company's current activities include offering student loans for college, providing options for cosigning, and refinancing both federal and private student loans into a single payment. Earnest emphasizes its lack of fees, including for late payments, and provides a "Payoff Path" tool to help clients manage repayment. To date, the company has refinanced over $24 billion in student loans and served more than 420,000 clients. Its loans are made by Earnest Operations LLC or FinWise Bank and serviced by the Higher Education Loan Authority of the State of Missouri (MOHELA).
In a recent announcement, Earnest stated it is offering its lowest refinance rates in three years, a promotional period that is set to end on January 13, 2026. The company was also recognized by CNBC in 2024 as one of the "World’s Top Fintech Companies." While specific future plans are not detailed, the company's materials indicate an ongoing focus on providing flexible refinancing options to accommodate changes in clients' financial circumstances over time.
- Battery Ventures
- Adams Street Partners
- Maveron LLC
- Co-Founder, Louis Beryl
- Co-Founder, Ben Hutchinson
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Earnest Operations worth joining?
Deciding whether to join a private company like Earnest Operations involves carefully evaluating your compensation package, especially the equity component. Tools like Prospect can help you understand the potential value of your stock options and make a more informed career decision.
What should I do with my Earnest Operations stock?
The optimal strategy for your Earnest Operations stock depends on your personal financial goals, risk tolerance, and tax situation. Platforms like Prospect provide personalized guidance and tax-optimization tools to help you decide when to exercise options or sell shares to maximize your returns.
Can you sell Earnest Operations stock?
Selling stock in a private company like Earnest Operations is typically possible through company-approved tender offers or on secondary markets, though it's less straightforward than with public companies. Tools like Prospect can help you navigate these sales and identify tax-optimal shares to sell.
How can I find the value of my Earnest Operations stock?
Valuing stock in a private company is challenging as it isn't traded on public exchanges, but it's often based on the company's latest 409A valuation. For a more sophisticated forecast, Prospect uses proprietary predictive models to help you project the future value of your equity.
What is Earnest Operations's equity worth?
The total equity worth of a private company like Earnest Operations is determined by its most recent valuation, often established during funding rounds. To understand what your specific equity holdings could be worth after taxes, you can use platforms like Prospect to model different scenarios.
What is Earnest Operations's stock ticker symbol?
As a private company, Earnest Operations does not have a stock ticker symbol because its shares are not traded on a public stock exchange. Ticker symbols are assigned to companies only when they go public through an Initial Public Offering (IPO).
Can I buy or sell Earnest Operations stock?
Selling private stock is often possible through tender offers or secondary markets, while buying is typically restricted to accredited investors or employees exercising their options. Platforms like Prospect offer tools to help employees manage the sale of their shares in a tax-efficient way.
What is the criteria to buy or invest in Earnest Operations stock?
Investing in a private company like Earnest Operations is typically limited to accredited investors participating in organized funding rounds or employees receiving equity as compensation. The general public cannot usually buy shares until the company goes public.
