OneSpan (OSPN) Stock Overview
Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
OSPN Community Fair Values
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Analyst Price Targets
OneSpan Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.85 |
| 52 Week High | US$18.48 |
| 52 Week Low | US$10.07 |
| Beta | 1.57 |
| 1 Month Change | 3.12% |
| 3 Month Change | 18.41% |
| 1 Year Change | 9.92% |
| 3 Year Change | 47.81% |
| 5 Year Change | -14.34% |
| Change since IPO | 180.83% |
Recent News & Updates
Narrative Update • Sep 03
OSPN: Future Returns Will Hinge On 2026 Profitability Delivery And Buybacks
Analysts have raised their fair value estimate for OneSpan from $12 to $16, citing higher long term revenue growth assumptions and updated Street price targets of $16 and $18 following recent guidance changes on profitability and revenue. Analyst Commentary on OneSpan Recent research updates on OneSpan show a split in tone between higher price targets and more measured ratings.
Narrative Update • Aug 17
OSPN: Profitability Progress And 2026 Guidance Will Shape Measured Upside Potential
Analysts have raised their price target on OneSpan from $16.25 to $18.00, citing updated expectations for revenue growth, profitability and valuation, supported by recent upward revisions to long term revenue and adjusted EBITDA forecasts. Analyst Commentary Recent research on OneSpan highlights a mix of optimism and caution as analysts revisit their models following updated guidance and recent results.Recent updates
Narrative Update • Sep 03
OSPN: Future Returns Will Hinge On 2026 Profitability Delivery And Buybacks
Analysts have raised their fair value estimate for OneSpan from $12 to $16, citing higher long term revenue growth assumptions and updated Street price targets of $16 and $18 following recent guidance changes on profitability and revenue. Analyst Commentary on OneSpan Recent research updates on OneSpan show a split in tone between higher price targets and more measured ratings.Narrative Update • Aug 17
OSPN: Profitability Progress And 2026 Guidance Will Shape Measured Upside Potential
Analysts have raised their price target on OneSpan from $16.25 to $18.00, citing updated expectations for revenue growth, profitability and valuation, supported by recent upward revisions to long term revenue and adjusted EBITDA forecasts. Analyst Commentary Recent research on OneSpan highlights a mix of optimism and caution as analysts revisit their models following updated guidance and recent results.Narrative Update • Aug 03
OSPN: Future Returns Will Depend On Buybacks As Regulatory Timelines Approach
Analysts now hold their OneSpan price target steady at $12.00, citing slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E that refine rather than overhaul their prior view. What’s in the News for OneSpan OneSpan showcased its latest digital identity and authentication offerings at Identiverse 2026 in Las Vegas, including an early access digital credentials solution aimed at simplifying how organizations issue, manage, and verify identities across digital wallets.Seeking Alpha • Jul 28
OneSpan: Discounted Price Does Not Mean Great Value
Summary OneSpan trades at a low valuation, but fundamentals remain weak with only 4% YoY revenue growth and contracting EBIT. Issuing a sell rating ahead of earnings, citing historical sharp declines on weak reports and deteriorating operating leverage. OSPN's Cybersecurity segment faces disruption from passwordless competitors, while the Digital Agreements segment underperforms the market's 28.3% CAGR. Declining deferred revenues and negative operating leverage signal slowing subscription growth and questionable capital allocation despite recent acquisitions. Read the full article on Seeking AlphaNarrative Update • Jun 16
OSPN: Share Repurchases And EU Digital Identity Shift Will Support Upside
Analysts are keeping their OneSpan price target steady at $16.25, as updated assumptions show a lower revenue growth outlook, a reduced profit margin profile, and a higher future P/E multiple. Together, these factors offset changes in the discount rate.Narrative Update • Jun 01
OSPN: Future Returns Will Rely On Buybacks Despite Overvaluation Risk
Analysts are maintaining their $12.00 price target for OneSpan. Slight adjustments to assumptions for the discount rate, revenue growth, profit margins and future P/E are viewed as offsetting each other overall.Narrative Update • May 10
OSPN: Future Stability Will Depend On Automation, Capital Returns And M&A Options
Analysts have maintained their $12.00 price target on OneSpan, citing slightly higher assumed discount rates and profit margins, as well as a lower future P/E. Taken together, these factors leave their overall valuation view unchanged for now.Analysis Article • May 08
Additional Considerations Required While Assessing OneSpan's (NASDAQ:OSPN) Strong Earnings
Despite posting some strong earnings, the market for OneSpan Inc.'s ( NASDAQ:OSPN ) stock hasn't moved much. Our...Analysis Article • May 03
Results: OneSpan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, OneSpan Inc. ( NASDAQ:OSPN ) just kicked off its latest first-quarter results with some very strong...Narrative Update • Apr 21
OSPN: Dividend And Buybacks Will Support Future Share Price Gains
Analysts have adjusted their price target on OneSpan to $16.25, reflecting updated views on a slightly higher discount rate, modestly lower projected revenue growth and profit margins, and a higher assumed future P/E multiple. What's in the News Launch of OneSpan Sign Integration for Workato, giving customers low-code tools to automate secure eSignature workflows across CRM, ERP, storage, and collaboration platforms without custom development.Narrative Update • Apr 07
OSPN: Stable Outlook Will Rely On Automation Initiatives And Dividend Support
Analysts have maintained their $12.00 price target on OneSpan, citing only minor adjustments in the discount rate, revenue growth, profit margin, and future P/E assumptions as the basis for keeping their view unchanged. What's in the News OneSpan launched its OneSpan Sign Integration for Workato, giving enterprises a low-code way to automate secure eSignature workflows across CRM, ERP, collaboration tools, and storage systems such as SharePoint, OneDrive, Google Drive, Dropbox, and Box (Client Announcements).Narrative Update • Mar 16
OSPN: Higher Revenue Outlook And Dividend Growth Will Support Upside Potential
Analysts have trimmed their price target on OneSpan from $13.00 to $12.00 per share, citing revised assumptions that combine higher revenue growth expectations with lower projected profit margins and a higher future P/E multiple. What's in the News OneSpan issued financial guidance for full year 2026, with total revenue expected in a range of $244 million to $249 million and annual recurring revenue projected between $192 million and $196 million (company guidance).Narrative Update • Mar 02
OSPN: M&A And Dividend Policy Will Support Future Share Gains
Analysts have reduced their OneSpan price target slightly from $16.50 to $16.25, reflecting updated views on growth, margins, and the P/E ratio they consider appropriate for the stock. What's in the News OneSpan is exploring mergers and acquisitions.Narrative Update • Feb 16
OSPN: Stable Assumptions And Steady Outlook Will Support Upside Potential
Analysts have maintained their $13.00 price target for OneSpan, citing only small adjustments to assumptions such as the discount rate, revenue growth, profit margins, and future P/E. Taken together, these revisions keep their overall valuation view essentially unchanged.Narrative Update • Feb 02
OSPN: Mobile Security Wins And Stable Outlook Will Support Balanced Prospects
Narrative Update on OneSpan Analysts have kept their price target for OneSpan steady at US$13.00. They cite only modest refinements to assumptions for discount rate, revenue growth, profit margin, and future P/E rather than a change in their overall view of the stock.Narrative Update • Jan 19
OSPN: Revised Outlook Will Balance Slower Sales With Higher Margins
Analysts have reduced their price target on OneSpan from US$15.00 to US$13.00 as they incorporate updated assumptions that combine more modest revenue growth expectations, higher projected profit margins, and a lower future P/E multiple. What's in the News Sumitomo Mitsui Trust Bank, described as Japan's largest trust bank, selected SCSK Corporation and OneSpan to strengthen mobile banking security using OneSpan's cloud-based FIDO authentication.Narrative Update • Jan 04
OSPN: Expanding Phishing-Resistant Authentication In Banking Will Drive Future Share Gains
Analysts have slightly raised their price target on OneSpan to approximately $16.50 per share, reflecting modest improvements in discount rate assumptions, long term revenue growth, and expected profit margins that support a marginally higher future P E multiple. What's in the News Sumitomo Mitsui Trust Bank selected OneSpan and SCSK to deploy Japan's first cloud based FIDO authentication for mobile banking, targeting growing phishing and account takeover fraud and meeting stricter FSA multi factor rules (client announcement).Narrative Update • Dec 17
OSPN: Rising Adoption Of Phishing-Resistant Authentication Will Drive Future Share Gains
Analysts have made no changes to their fair value estimate for OneSpan, maintaining the target at $16.50 per share. They view the minor adjustments in discount rate, revenue growth, profit margin, and future P/E assumptions as too small to alter their overall outlook.Narrative Update • Dec 03
OSPN: Rising Demand For Phishing-Resistant Authentication Will Drive Shares Higher
Analysts have modestly raised their price target on OneSpan to 16.50 dollars, reflecting slightly higher long term valuation assumptions, driven by stable growth expectations, resilient profit margins and a marginally higher discount rate. What's in the News Sumitomo Mitsui Trust Bank selects OneSpan and SCSK for Japan's first cloud based FIDO authentication deployment in mobile banking, targeting phishing and account takeover fraud amid stricter FSA mandates for phishing resistant authentication (Key Developments) OneSpan's OneSpan Cloud Authentication platform underpins SuMiTB's plan to embed FIDO directly into mobile transactions to create one of Japan's most advanced security frameworks and enhance regulatory compliance (Key Developments) OneSpan completes a buyback tranche, repurchasing 447,743 shares, or 1.17 percent of shares, for 6.3 million dollars under its May 2024 authorization (Key Developments) The company lowers full year 2025 revenue guidance to 239 million to 241 million dollars, down from the prior range of 245 million to 251 million dollars, with both software and hardware outlooks trimmed (Key Developments) OneSpan makes a strategic investment in and partnership with ThreatFabric to integrate mobile threat intelligence, malware risk detection, and behavioral risk evaluation, enhancing its fraud prevention capabilities for financial institutions facing rising APP fraud and hybrid cyber threats (Key Developments) Valuation Changes Fair value estimate remains unchanged at 16.50 dollars per share, indicating stable long term intrinsic valuation.Narrative Update • Nov 19
OSPN: Growing Demand for Multi-Factor Authentication Will Drive Shares Higher
Analysts have slightly reduced their price target for OneSpan from $16.75 to $16.50. They cite continued optimism around the company's blue-chip customer base and growing demand for multi-factor authentication, while also moderating expectations amid evolving market dynamics.Narrative Update • Nov 03
OSPN: Broader AI Integration Will Drive Demand in Secure Banking Transactions
The analyst price target for OneSpan has been lowered from $19.50 to $16.75 per share, as analysts cite slower revenue growth despite improved profit margins. There is continued optimism following recent positive coverage highlighting the company’s multi-factor authentication offerings and expanding AI opportunities.Analysis Article • Nov 02
Earnings Working Against OneSpan Inc.'s (NASDAQ:OSPN) Share Price Following 28% Dive
OneSpan Inc. ( NASDAQ:OSPN ) shareholders won't be pleased to see that the share price has had a very rough month...Analysis Article • Aug 13
We Think That There Are Some Issues For OneSpan (NASDAQ:OSPN) Beyond Its Promising Earnings
The market shrugged off OneSpan Inc.'s ( NASDAQ:OSPN ) solid earnings report. We think that investors might be worried...Narrative Update • Aug 07
Digital Banking Trends Will Reshape Cybersecurity Amid Integration Risks
With analyst reasoning not provided, both revenue growth forecasts (4.5% per annum) and the discount rate (8.44%) for OneSpan remained unchanged, resulting in no adjustment to the consensus price target, which holds steady at $18.33. What's in the News OneSpan updated full-year 2025 financial guidance, expecting revenue between $245 million and $251 million, and annual recurring revenue of $180 million to $186 million.Analysis Article • Jul 15
There Is A Reason OneSpan Inc.'s (NASDAQ:OSPN) Price Is Undemanding
With a price-to-sales (or "P/S") ratio of 2.5x OneSpan Inc. ( NASDAQ:OSPN ) may be sending very bullish signals at the...Analysis Article • Jun 27
Calculating The Intrinsic Value Of OneSpan Inc. (NASDAQ:OSPN)
Key Insights Using the 2 Stage Free Cash Flow to Equity, OneSpan fair value estimate is US$20.53 OneSpan's US$16.76...Analysis Article • Apr 28
Is OneSpan Inc. (NASDAQ:OSPN) Potentially Undervalued?
OneSpan Inc. ( NASDAQ:OSPN ), might not be a large cap stock, but it saw a decent share price growth of 14% on the...Analysis Article • Apr 05
Shareholders Would Enjoy A Repeat Of OneSpan's (NASDAQ:OSPN) Recent Growth In Returns
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Mar 02
OneSpan Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next
Shareholders might have noticed that OneSpan Inc. ( NASDAQ:OSPN ) filed its yearly result this time last week. The...Shareholder Returns
| OSPN | US Software | US Market | |
|---|---|---|---|
| 7D | 0.9% | -2.1% | -0.9% |
| 1Y | 9.9% | -9.3% | 14.2% |
Return vs Industry: OSPN exceeded the US Software industry which returned -9% over the past year.
Return vs Market: OSPN underperformed the US Market which returned 14.1% over the past year.
Price Volatility
| OSPN volatility | |
|---|---|
| OSPN Average Weekly Movement | 4.9% |
| Software Industry Average Movement | 9.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: OSPN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: OSPN's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 509 | Victor Limongelli | www.onespan.com |
OneSpan Inc., together with its subsidiaries, provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. It operates through Cybersecurity and Digital Agreements segments. The company offers Cloud Authentication, a cloud-based multifactor authentication solution; Mobile Security Suite, a software development kit that protects mobile transactions; Mobile Application Shielding that protects mobile applications from attacks by malware allowing secure usage of mobile applications even in hostile environments; and authentication servers that securely authenticate users and transactions.
OneSpan Inc. Fundamentals Summary
| OSPN fundamental statistics | |
|---|---|
| Market cap | US$620.96m |
| Earnings (TTM) | US$68.40m |
| Revenue (TTM) | US$246.38m |
9.1x
P/E Ratio2.5x
P/S RatioIs OSPN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OSPN income statement (TTM) | |
|---|---|
| Revenue | US$246.38m |
| Cost of Revenue | US$64.36m |
| Gross Profit | US$182.03m |
| Other Expenses | US$113.63m |
| Earnings | US$68.40m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.86 |
| Gross Margin | 73.88% |
| Net Profit Margin | 27.76% |
| Debt/Equity Ratio | 1.8% |
How did OSPN perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield28%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 02:17 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
OneSpan Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Joel Fishbein | Brean Capital Historical (Janney Montgomery) |
| Erik Suppiger | B. Riley Securities, Inc. |