Euronet Worldwide (NASDAQ:EEFT) Price Target Raised to $90.00

Euronet Worldwide (NASDAQ:EEFT) had its price objective lifted by Needham & Company LLC from $85.00 to $90.00 in a research report released on Thursday,Benzinga reports. The firm currently has a buy rating on the business services provider’s stock.

Several other analysts have also recently commented on EEFT. Weiss Ratings upgraded Euronet Worldwide from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. DA Davidson reissued a “buy” rating and issued a $102.00 price objective on shares of Euronet Worldwide in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Euronet Worldwide has an average rating of “Hold” and a consensus target price of $96.00.

Euronet Worldwide Stock Down 7.0%

Shares of NASDAQ EEFT opened at $71.33 on Thursday. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 0.56 and a beta of 0.83. The company has a current ratio of 1.37, a quick ratio of 1.28 and a debt-to-equity ratio of 1.47. Euronet Worldwide has a 12 month low of $62.50 and a 12 month high of $105.86. The stock has a 50-day moving average price of $72.80 and a two-hundred day moving average price of $71.57.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.93 by ($0.11). The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.14 billion. Euronet Worldwide had a return on equity of 28.60% and a net margin of 6.63%.The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the company posted $2.56 earnings per share. As a group, analysts forecast that Euronet Worldwide will post 9.83 earnings per share for the current fiscal year.

Insider Transactions at Euronet Worldwide

In other news, Director Thomas A. Mcdonnell bought 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of $66.87 per share, with a total value of $200,610.00. Following the completion of the transaction, the director directly owned 100,219 shares of the company’s stock, valued at $6,701,644.53. This represents a 3.09% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 12.19% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Euronet Worldwide

Several hedge funds have recently made changes to their positions in the stock. Wedge Capital Management L L P NC lifted its holdings in Euronet Worldwide by 42.9% during the 2nd quarter. Wedge Capital Management L L P NC now owns 53,878 shares of the business services provider’s stock worth $3,943,000 after purchasing an additional 16,169 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in Euronet Worldwide by 3.8% in the 2nd quarter. Handelsbanken Fonder AB now owns 10,830 shares of the business services provider’s stock worth $793,000 after purchasing an additional 400 shares in the last quarter. Reinhart Partners LLC. boosted its holdings in Euronet Worldwide by 9.2% in the 2nd quarter. Reinhart Partners LLC. now owns 1,627,141 shares of the business services provider’s stock valued at $119,091,000 after purchasing an additional 136,613 shares during the period. CX Institutional grew its position in shares of Euronet Worldwide by 10.7% during the 2nd quarter. CX Institutional now owns 86,453 shares of the business services provider’s stock valued at $6,327,000 after purchasing an additional 8,360 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Euronet Worldwide by 23.6% during the 1st quarter. Parallel Advisors LLC now owns 775 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 148 shares in the last quarter. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Euronet Worldwide News Summary

Here are the key news stories impacting Euronet Worldwide this week:

• Positive Sentiment: Adjusted EPS rose 10% year over year to $2.82, while revenue increased 3% to $1.108 billion. Euronet also reiterated its outlook for 10%–15% full-year adjusted EPS growth. Euronet Worldwide Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Digital accelerator revenue grew 31% and represented 26% of quarterly revenue. New agreements with Unibanca, Capcom and six Dandelion partners, including Mastercard Move, support Euronet’s longer-term expansion. Euronet Worldwide Second Quarter Results
• Positive Sentiment: Payments Infrastructure revenue and adjusted EBITDA increased 11% and 7%, respectively, while epay revenue, operating income and adjusted EBITDA each grew 5%. Euronet also repurchased approximately $50 million of stock.
• Positive Sentiment: Needham raised its price target for EEFT to $90 from $85 and maintained a Buy rating, implying substantial upside based on the referenced share price. Euronet Price Target Raised by Needham
• Neutral Sentiment: Management attributed the Cross-Border Payments weakness partly to U.S. immigration-policy changes, a contraction in outbound remittances and difficult comparisons with one-time benefits in the prior-year period. Digital transactions in the segment still grew 33%.
• Negative Sentiment: Second-quarter adjusted EPS of $2.82 missed the $2.97 consensus estimate, and revenue of $1.108 billion fell short of analysts’ $1.14 billion forecast. Euronet Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: Cross-Border Payments revenue declined 4%, while operating income plunged 34% and adjusted EBITDA fell 31%. The segment’s weakness drove consolidated operating income down 14% and adjusted EBITDA down 6%.
• Negative Sentiment: GAAP net income attributable to Euronet fell 21% to $77.4 million, or $1.71 per diluted share, from $97.6 million, or $2.27, a decline likely to reinforce investor concerns about near-term profitability.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.