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OneSpan Inc.NasdaqCM:OSPN Stock Report

Market Cap US$429.3m
Share Price
US$11.54
US$23
49.8% undervalued intrinsic discount
1Y-23.3%
7D1.8%
Portfolio Value
View

OneSpan Inc.

NasdaqCM:OSPN Stock Report

Market Cap: US$429.3m

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

OSPN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

OSPN Community Fair Values

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Community Contributor
US$6.85FV 64.1% undervalued intrinsic discount
73.0%Revenue growth p.a.
3.1k
7
0
74
1mo ago

OneSpan Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for OneSpan
Historical stock prices
Current Share PriceUS$11.54
52 Week HighUS$18.13
52 Week LowUS$10.07
Beta1.51
1 Month Change8.77%
3 Month Change-2.04%
1 Year Change-23.32%
3 Year Change-12.71%
5 Year Change-55.06%
Change since IPO92.33%

Recent News & Updates

Recent updates

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.

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).

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).

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.

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.

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.

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.

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).

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.

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.

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.

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.

Earnings Working Against OneSpan Inc.'s (NASDAQ:OSPN) Share Price Following 28% Dive

Nov 02
Earnings Working Against OneSpan Inc.'s (NASDAQ:OSPN) Share Price Following 28% Dive

We Think That There Are Some Issues For OneSpan (NASDAQ:OSPN) Beyond Its Promising Earnings

Aug 13
We Think That There Are Some Issues For OneSpan (NASDAQ:OSPN) Beyond Its Promising Earnings

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.

There Is A Reason OneSpan Inc.'s (NASDAQ:OSPN) Price Is Undemanding

Jul 15
There Is A Reason OneSpan Inc.'s (NASDAQ:OSPN) Price Is Undemanding

Calculating The Intrinsic Value Of OneSpan Inc. (NASDAQ:OSPN)

Jun 27
Calculating The Intrinsic Value Of OneSpan Inc. (NASDAQ:OSPN)

Is OneSpan Inc. (NASDAQ:OSPN) Potentially Undervalued?

Apr 28
Is OneSpan Inc. (NASDAQ:OSPN) Potentially Undervalued?

Shareholders Would Enjoy A Repeat Of OneSpan's (NASDAQ:OSPN) Recent Growth In Returns

Apr 05
Shareholders Would Enjoy A Repeat Of OneSpan's (NASDAQ:OSPN) Recent Growth In Returns

OneSpan Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 02
OneSpan Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next

OneSpan Inc. (NASDAQ:OSPN) Shares Fly 27% But Investors Aren't Buying For Growth

Nov 26
OneSpan Inc. (NASDAQ:OSPN) Shares Fly 27% But Investors Aren't Buying For Growth

OneSpan Continues To Perform, But The Price Has Become Speculative

Oct 31
User avatar

Shifting To High-Margin Software And Services Fuels Growth And Shareholder Value

Shift towards higher-margin software revenue and strong ARR growth indicates a robust pipeline for future revenue and earnings enhancement.

OneSpan: Good H1'24, H2'24 Will Be Likely Muted, And The Stock Is Still Fairly Valued

Aug 28

Investors Don't See Light At End Of OneSpan Inc.'s (NASDAQ:OSPN) Tunnel

Jul 27
Investors Don't See Light At End Of OneSpan Inc.'s (NASDAQ:OSPN) Tunnel

OneSpan: Fairly Valued After Its Impressive Cost Cuts, But Is Not An Opportunity Yet

May 10

OneSpan Reaches Profitability But Growth Is Slowing

Apr 29

The Market Doesn't Like What It Sees From OneSpan Inc.'s (NASDAQ:OSPN) Revenues Yet

Apr 15
The Market Doesn't Like What It Sees From OneSpan Inc.'s (NASDAQ:OSPN) Revenues Yet

Shareholder Returns

OSPNUS SoftwareUS Market
7D1.8%-0.6%0.8%
1Y-23.3%-8.3%27.7%

Return vs Industry: OSPN underperformed the US Software industry which returned -9.8% over the past year.

Return vs Market: OSPN underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is OSPN's price volatile compared to industry and market?
OSPN volatility
OSPN Average Weekly Movement5.4%
Software Industry Average Movement10.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

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

FoundedEmployeesCEOWebsite
1991602Victor Limongelliwww.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

How do OneSpan's earnings and revenue compare to its market cap?
OSPN fundamental statistics
Market capUS$429.29m
Earnings (TTM)US$69.96m
Revenue (TTM)US$245.76m
6.1x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSPN income statement (TTM)
RevenueUS$245.76m
Cost of RevenueUS$64.18m
Gross ProfitUS$181.58m
Other ExpensesUS$111.61m
EarningsUS$69.96m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.89
Gross Margin73.88%
Net Profit Margin28.47%
Debt/Equity Ratio0%

How did OSPN perform over the long term?

See historical performance and comparison

Dividends

4.5%
Current Dividend Yield
20%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 05:09
End of Day Share Price 2026/05/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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.

AnalystInstitution
null nullArgus Research Company
Joel FishbeinBrean Capital Historical (Janney Montgomery)
Erik SuppigerB. Riley Securities, Inc.