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Evertec: Attractive Valuation and Latin American Growth Underpin Buy Rating and Earnings Upside Potential

Evertec: Attractive Valuation and Latin American Growth Underpin Buy Rating and Earnings Upside Potential

William Blair analyst Christopher Kennedy has reiterated their bullish stance on EVTC stock, giving a Buy rating today.

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Christopher Kennedy has given his Buy rating due to a combination of factors, starting with Evertec’s stronger-than-expected quarter and initial 2026 outlook that surpassed his prior projections. He lifted his 2026 EPS forecast and introduced a 2027 estimate that he still considers cautious, as they exclude the sizable Dimensa acquisition and thus leave room for upside.

He also views the valuation as attractive, with shares trading at a modest multiple of anticipated 2026 EBITDA relative to fintech peers and recent M&A deal metrics. In his view, the company’s accelerating Latin American momentum, particularly in Brazil, plus a disciplined M&A strategy that broadens its geographic footprint and enhances profitability, supports both earnings growth and potential multiple expansion.

In another report released today, TipRanks – Google also reiterated a Buy rating on the stock with a $30.00 price target.

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