Needham analyst Mayank Tandon has maintained their bullish stance on EEFT stock, giving a Buy rating today.
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Mayank Tandon has given his Buy rating due to a combination of factors including Euronet Worldwide’s ability to deliver earnings per share slightly above expectations, despite mixed third-quarter results where revenue and EBITDA fell short. The company’s commitment to maintaining its fiscal year 2025 EPS growth outlook of 12–16% year-over-year, even amidst economic and political challenges, is a positive indicator.
Furthermore, Tandon views the current valuation as attractive, with shares trading at approximately eight times the fiscal year 2026 EPS estimate. This is supported by Euronet’s diverse and innovative payment solutions, alongside its strategy of returning capital to shareholders through share buybacks and strategic acquisitions. Despite lowering the price target to $100 to account for economic uncertainties, the overall risk-reward profile remains favorable, justifying the Buy rating.