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Evertec ( (EVTC) ) has provided an announcement.
On August 21, 2025, Evertec, Inc. announced a definitive agreement to acquire a 75% controlling stake in Tecnobank Tecnologia Bancária S.A., a fintech company in Brazil’s digital vehicle financing contract registration sector, through its subsidiary Evertec Brasil Informática S.A. The transaction, valued at approximately USD $144 million, aims to expand EVERTEC’s product offerings in Brazil and is expected to close in the fourth quarter of 2025, pending regulatory approval from Brazil’s Administrative Council for Economic Defense (CADE).
The most recent analyst rating on (EVTC) stock is a Buy with a $41.00 price target. To see the full list of analyst forecasts on Evertec stock, see the EVTC Stock Forecast page.
Spark’s Take on EVTC Stock
According to Spark, TipRanks’ AI Analyst, EVTC is a Outperform.
Evertec’s overall stock score is driven by strong financial performance and a positive earnings call, indicating robust growth and effective management. Technical analysis shows a mixed trend, but the company’s valuation remains reasonable. The share repurchase program further supports confidence in future performance.
To see Spark’s full report on EVTC stock, click here.
More about Evertec
EVERTEC, Inc. is a leading full-service transaction processor and financial technology provider in Latin America, Puerto Rico, and the Caribbean. The company offers a broad range of services including merchant acquiring, payment services, and business process management. EVERTEC operates the ATH® network, a prominent PIN debit network in Latin America, and provides electronic payment networks and core banking services. Based in Puerto Rico, EVERTEC serves a diverse customer base across 26 Latin American countries.
Average Trading Volume: 320,267
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.37B
For an in-depth examination of EVTC stock, go to TipRanks’ Overview page.