Education
About Us
Working with TipRanks
Follow Us
Euronet Worldwide (EEFT)
NASDAQ:EEFT
Top Page
Euronet Worldwide
(NASDAQ:EEFT)
Select Model
Select Model
Rating:66Neutral
Price Target:
$79.00
▲(8.97% Upside)
Action:ReiteratedDate:11/05/25
Euronet Worldwide's overall stock score reflects strong financial performance and resilience in earnings growth despite external challenges. However, technical indicators suggest bearish momentum, and high leverage poses a risk. The company's undervaluation presents a potential opportunity for long-term growth.
Positive Factors
Revenue Growth
Consistent revenue growth indicates robust market demand and effective business strategies, supporting long-term financial stability.
Technological Advancements
Investments in technology and partnerships enhance competitive advantage and position Euronet for future growth in digital payments.
Digital Transaction Growth
Significant growth in digital transactions reflects strong adaptation to digital trends, expanding Euronet's reach and customer base.
Negative Factors
High Leverage
High leverage can limit financial flexibility and increase risk, especially in volatile economic conditions, impacting long-term stability.
Declining Free Cash Flow
Decreasing free cash flow growth may constrain future investments and operational flexibility, affecting long-term growth prospects.
Revenue Growth Below Expectations
Underperformance in revenue growth due to external factors highlights vulnerability to macroeconomic changes, impacting future earnings potential.
Euronet Worldwide (EEFT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.99B
Dividend YieldN/A
Average Volume (3M)660.41K
Price to Earnings (P/E)10.2
Beta (1Y)0.91
Revenue Growth7.25%
EPS Growth-1.12%
CountryUS
Employees10,600
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)2.39
Shares Outstanding42,044,680
10 Day Avg. Volume831,038
30 Day Avg. Volume660,409
Financial Highlights & Ratios
PEG Ratio-12.80
Price to Book (P/B)2.63
Price to Sales (P/S)0.82
P/FCF Ratio0.00
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue0.83
Enterprise Value/Gross Profit1.50
Enterprise Value/Ebitda5.17
Forecast
1Y Price Target
$92.29Price Target Upside27.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Euronet Worldwide Business Overview & Revenue Model
Company DescriptionEuronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions, as well as delivers non-cash products. This segment operates a network of 42,713 ATMs and approximately 438,000 POS terminals. Its epay segment distributes and processed prepaid mobile airtime and other electronic payment products; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 775,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders and prepaid debit cards. This segment operates a network of approximately 510,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.
How the Company Makes MoneyEuronet Worldwide generates revenue through multiple streams primarily derived from transaction fees, service fees, and foreign exchange spreads. The EFT Processing segment earns income from processing ATM and POS transactions, charging fees for each transaction processed. The International Money Transfer segment makes money by charging customers fees for sending and receiving money internationally, along with earning fees from currency conversion. Additionally, Euronet’s Mobile Money segment also contributes to revenue through transaction fees and partnerships with mobile operators. Significant partnerships with banks, financial institutions, and retail networks enhance its service offerings and expand its reach, thereby driving revenue growth.
Euronet Worldwide Key Performance Indicators (KPIs)
Euronet Worldwide Earnings Call Summary
Earnings Call Date:Feb 12, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 29, 2026
Earnings Call Sentiment Positive
The call reflects a company with strong underlying earnings durability and strategic momentum—notably double-digit full-year adjusted EPS growth, EFT and merchant-acquiring strength, rapid digital growth in Ria, and accretive acquisitions—while acknowledging meaningful near-term headwinds concentrated in Money Transfer and epay driven by macroeconomic and immigration-related pressures. Management has initiated optimization actions (one-time $20M charge; ~$40M run-rate benefit expected) and reiterates 10%–15% adjusted EPS growth guidance for 2026. Overall, the positive operational and strategic developments and multi-year secular initiatives slightly outweigh the near-term softness and one-time costs, but the outlook retains some caution due to external factors affecting remittance frequency.Q4-2025 Updates
Positive Updates
Sustained Double-Digit EPS Growth
Delivered adjusted EPS of $9.61 for the full year (FY2025) and $2.39 in the fourth quarter, representing the fifth consecutive year of double-digit adjusted EPS growth; company targets adjusted EPS growth of 10% to 15% for 2026.
Solid Full-Year Financials
Full-year revenue of $4.2 billion, adjusted operating income of $550 million, and adjusted EBITDA of $743 million; consolidated operating margins expanded ~30 basis points year over year.
EFT Segment Strength and Margin Expansion
EFT Q4 revenue grew 8% year over year, adjusted operating income increased 12%, and adjusted EBITDA grew 13%; EFT operating margin sits just north of ~20% with infrastructure/issuing products targeted to lift margins further.
Merchant Acquiring Momentum
Merchant acquiring businesses delivered robust growth (Greek Money Merchant Services adjusted EBITDA up 32% YoY); combined merchant acquiring EBITDA across epay and EFT is roughly $90M and Credia tuck-in will add ~20,000 merchants (~10% increase to acquiring portfolio).
Digital Growth in Money Transfer (Ria) and Network Scale
Ria digital has historically delivered ~30% growth; in Q4 the global digital channel delivered 31% transaction growth and 33% revenue growth (including 33% new customer acquisitions in December); company network now reaches ~4.1 billion bank accounts, ~3.7 billion wallets, and ~4.0 billion cards across 200 countries.
epay Digital & Merchant Processing Gains
epay expanded digital distribution (Revolut now in 20 countries), broadened merchant relationships (Lidl in Italy & France), and grew merchant payments processing revenue +21% for the full year; gaming-branded payments remain a large profitable component (37% of branded payments margin).
Strategic Acquisitions & Early Wins (CoreCard, Kyodai, Credia)
Completed CoreCard acquisition (partial-quarter contribution of ~$10–$12M in Q4), acquired Kyodai in Money Transfer, and announced Credia merchant acquiring tuck-in—management cites early customer momentum and pipeline expansion for CoreCard and expects CoreCard to drive international issuance/processing growth.
Capital Allocation & Shareholder Returns
Returned ~$388 million to shareholders via share repurchases in 2025 (excluding 2.6M shares repurchased for CoreCard consideration); ended quarter with $1.0 billion unrestricted cash and a focus on maintaining investment-grade leverage.
Negative Updates
Challenging Macro & Policy Environment
Leadership described Q4 as one of the more challenging operating environments due to immigration policy uncertainty and economic stress among lower-income consumers, which pressured growth particularly in Money Transfer and epay.
Money Transfer Near-Term Weakness
Money Transfer Q4 revenue declined ~1% YoY, adjusted operating income fell ~6%, and adjusted EBITDA declined ~5%; remittances into Mexico were down ~2% in Q4 and ~5% for the full year, with corridor declines as sharp as ~16% in mid-2025.
epay Revenue and Margin Pressures in Q4
epay Q4 revenue declined ~2% YoY, adjusted operating income decreased ~7%, and adjusted EBITDA declined ~8%, attributed to product mix shifts, macro pressure, and investments in proprietary offerings.
Consolidated Operating Income Softness
On a constant-currency basis in Q4 consolidated revenue rose only ~1% YoY while adjusted operating income declined ~6% and adjusted EBITDA was flat, reflecting offsetting segment performance.
Restructuring Charge and Optimization Costs
Recorded a $20 million charge related to the Money Transfer optimization program; company expects the initiative to generate approximately $40 million in annual run-rate benefit, with an expected 50–75 basis point operating margin improvement for Money Transfer in 2026.
Cash Reduction from Buybacks and Acquisitions
Unrestricted cash declined to ~$1.0 billion during the period due in part to $388 million in share repurchases and acquisition-related outflows; total debt stands at ~$2.0 billion.
Pressure Concentrated Among Lower-Income Remitters
Management noted that inflation and household financial strain reduced transaction frequency among lower-income remitters (majority of remittance customers), translating to fewer transactions even as average ticket size rose ~7–8% YoY in Q4.
Near-Term Visibility & Uncertain Rebound
Management stated January trends showed some improvement but cautioned that short-term data are not definitive given ongoing policy and macro uncertainty, leaving near-term recovery timing unclear.
Company Guidance
Management guided adjusted EPS growth of 10%–15% for 2026, supported by a 2025 baseline of adjusted EPS $9.61 (Q4 adjusted EPS $2.39) on full-year revenue of $4.2 billion, adjusted operating income $550 million and adjusted EBITDA $743 million; consolidated operating margins expanded ~30 basis points year‑over‑year and are expected to continue improving. They expect free cash flow to rise in line with the EPS outlook, finished the quarter with $1.0 billion of unrestricted cash and $2.0 billion of debt, returned ~$388 million to shareholders via buybacks in 2025, and flagged a $20 million charge tied to a Money Transfer optimization that should drive roughly $40 million of annual run‑rate benefit and expand Money Transfer operating margins by ~50–75 basis points in 2026. Segment dynamics cited as tailwinds include EFT Q4 revenue +8% / adjusted operating income +12% / adjusted EBITDA +13% (merchant acquiring adjusted EBITDA +32%), Money Transfer Q4 revenue -1% / adj. operating income -6% / adj. EBITDA -5% but Ria digital with 31% transaction growth, 33% revenue growth and 33% new customers in December, and epay merchant payment processing revenue +21% for the year (epay Q4 revenue -2% / adj. operating income -7% / adj. EBITDA -8%; gaming branded payments = 37% of branded payments margin); management also cited network scale (4.1B bank accounts, 3.7B wallets, 4.0B cards across 200 countries) and early CoreCard contribution of ~$10–12 million in the partial quarter.Euronet Worldwide Financial Statement Overview
Summary
Euronet Worldwide shows strong revenue growth and profitability with efficient operational management. However, high leverage and declining free cash flow growth present potential risks. The company should focus on improving cash conversion and managing its debt levels.Income Statement
Euronet Worldwide has demonstrated strong revenue growth with a TTM increase of 12.2% and consistent profitability, evidenced by a solid gross profit margin of 46.99% and a net profit margin of 7.28%. The EBIT and EBITDA margins are healthy at 12.53% and 15.72% respectively, indicating efficient operational management. However, the slight decline in net profit margin from the previous year suggests room for improvement in cost management.85
Very Positive
Balance Sheet
The company's balance sheet shows a high debt-to-equity ratio of 1.92, indicating significant leverage, which could pose risks if not managed carefully. However, the return on equity is strong at 23.58%, reflecting effective use of equity to generate profits. The equity ratio stands at 20.38%, suggesting a balanced asset structure but highlighting the need for cautious debt management.70
Positive
Cash Flow
Euronet Worldwide's cash flow analysis reveals a concerning decline in free cash flow growth by 43.75% TTM, which could impact future investments. The operating cash flow to net income ratio is relatively low at 0.19, indicating potential challenges in converting income into cash. However, the free cash flow to net income ratio remains robust at 0.84, suggesting that the company still maintains a healthy cash generation capability relative to its earnings.60
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.24B | 3.99B | 3.69B | 3.36B | 3.00B |
| Gross Profit | 3.53B | 950.30M | 862.30M | 806.40M | 1.10B |
| EBITDA | 664.20M | 635.00M | 565.50M | 521.30M | 358.40M |
| Net Income | 309.50M | 306.00M | 279.70M | 231.00M | 70.70M |
Balance Sheet | |||||
| Total Assets | 6.49B | 5.83B | 5.89B | 5.40B | 4.74B |
| Cash, Cash Equivalents and Short-Term Investments | 1.71B | 1.92B | 1.78B | 1.65B | 1.80B |
| Total Debt | 2.28B | 2.08B | 2.01B | 1.77B | 1.59B |
| Total Liabilities | 5.17B | 4.61B | 4.64B | 4.16B | 3.49B |
| Stockholders Equity | 1.32B | 1.23B | 1.25B | 1.24B | 1.26B |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 615.60M | 548.70M | 644.03M | 314.37M |
| Operating Cash Flow | 0.00 | 732.80M | 643.10M | 748.29M | 406.58M |
| Investing Cash Flow | 0.00 | -223.30M | -157.60M | -453.78M | -98.11M |
| Financing Cash Flow | 0.00 | -135.70M | -143.20M | -1.15M | -212.24M |
Euronet Worldwide Technical Analysis
Neutral
72.50
Price Trends
74.12
Negative
76.41
Negative
88.37
Negative
Market Momentum
-0.85
Negative
50.73
Neutral
67.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EEFT, the sentiment is Neutral. The current price of 72.5 is above the 20-day moving average (MA) of 71.76, below the 50-day MA of 74.12, and below the 200-day MA of 88.37, indicating a neutral trend. The MACD of -0.85 indicates Negative momentum. The RSI at 50.73 is Neutral, neither overbought nor oversold. The STOCH value of 67.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EEFT.
Euronet Worldwide Risk Analysis
Euronet Worldwide disclosed 28 risk factors in its most recent earnings report. Euronet Worldwide reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Euronet Worldwide Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $2.20B | 23.79 | 10.21% | ― | 19.28% | 6.16% | |
67 Neutral | $1.97B | 28.57 | 9.79% | ― | 10.58% | -45.52% | |
66 Neutral | $2.99B | 10.22 | 24.39% | ― | 7.25% | -1.12% | |
65 Neutral | $2.85B | 54.64 | 8.86% | ― | 31.27% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | $45.92M | -94.50 | -5.30% | ― | 20.68% | 84.51% | |
48 Neutral | $30.97M | -1.11 | ― | ― | 16.56% | 28.25% |
* Technology Sector Average
EEFT
Euronet Worldwide
72.50
-29.31
-28.79%
SPSC
SPS Commerce
57.95
-80.10
-58.02%
JG
Aurora Mobile
8.09
-2.91
-26.43%
KPLT
Katapult Holdings
6.39
-2.97
-31.73%
PAYO
Payoneer
5.41
-4.47
-45.24%
RELY
Remitly Global
17.15
-7.57
-30.62%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.