OneSpan Inc (OSPN)
NASDAQ:OSPN
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OSPN Stock Chart & Stats
$11.49
-$0.31(-1.68%)
At close: 4:00 PM EST
$11.49
-$0.31(-1.68%)
Day’s Range― - ―
52-Week Range$10.07 - $18.13
Previous CloseN/A
Volume49.97K
Average Volume (3M)625.13K
Market Cap
$453.40M
Enterprise Value$411.60M
Total Cash (Recent Filing)$49.75M
Total Debt (Recent Filing)$7.96M
Price to Earnings (P/E)8.6
Beta1.05
Next Earnings
Aug 05, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield3.75%
Share Statistics
EPS (TTM)1.85
Shares Outstanding37,072,850
10 Day Avg. Volume490,803
30 Day Avg. Volume625,133
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)1.79
Price to Sales (P/S)2.00
P/FCF Ratio9.64
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit2.37
Enterprise Value/Ebitda6.82
Forecast
1Y Price Target
$13.50Price Target Upside17.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.23
Revenue Forecast (FY)$246.31M
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet / Low LeverageVery low long-term debt (~2% of equity) and no long-term debt at quarter end give the company durable financial flexibility to fund R&D, M&A, and buybacks without stressing liquidity. This reduces solvency risk and supports multi-quarter strategic choices during industry cycles.
Recurring Revenue And ARR MomentumA high and growing ARR base, strong net retention (105%), and an 80% subscription mix provide predictable, recurring cash flows. This structural shift toward SaaS reduces revenue volatility, improves customer lifetime value, and underpins multi-quarter revenue visibility and planning.
Robust Margins And Cash GenerationSustained high gross margins (~70%+) and healthy adjusted EBITDA margin indicate strong unit economics in software and services. Coupled with positive operating cash flow and FCF in recent periods, this supports reinvestment, shareholder returns, and resilience to moderate revenue softness over the medium term.
Bears Say
Modest Headline Revenue GrowthDespite margin strength, top-line growth remains muted, limiting operating leverage and long-term scale benefits. Modest organic revenue expansion increases dependence on acquisitions and cross-sell to drive ARR, slowing sustainable earnings and cash-flow compounding over multiple quarters.
Margin Compression From Integration And Investment CostsAcquisition and integration costs have reduced adjusted margins and GAAP profits. If acquisitions remain necessary to offset hardware decline, ongoing integration expense and incremental operating investments could pressure medium-term profitability and cash conversion until cross-sell synergies materialize.
Product Migration, Hardware Decline, And ARR Timing RiskA secular slide in hardware and a recent Q2 ARR headwind (~$3M from two non‑renewals) create both structural and timing risks. Success depends on converting customers to software/passwordless offerings and on back-ended ARR bookings; execution delays concentrate risk into later quarters.
OneSpan News
OSPN FAQ
What was OneSpan Inc’s price range in the past 12 months?
OneSpan Inc lowest stock price was $10.07 and its highest was $18.13 in the past 12 months.
What is OneSpan Inc’s market cap?
OneSpan Inc’s market cap is $453.40M.
When is OneSpan Inc’s upcoming earnings report date?
OneSpan Inc’s upcoming earnings report date is Aug 05, 2026 which is in 87 days.
How were OneSpan Inc’s earnings last quarter?
OneSpan Inc released its earnings results on Apr 30, 2026. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.346 by $0.044.
Is OneSpan Inc overvalued?
According to Wall Street analysts OneSpan Inc’s price is currently Undervalued.
Does OneSpan Inc pay dividends?
OneSpan Inc pays a Quarterly dividend of $0.12 which represents an annual dividend yield of 3.75%. See more information on OneSpan Inc dividends here
What is OneSpan Inc’s EPS estimate?
OneSpan Inc’s EPS estimate is 0.23.
How many shares outstanding does OneSpan Inc have?
OneSpan Inc has 37,072,850 shares outstanding.
What happened to OneSpan Inc’s price movement after its last earnings report?
OneSpan Inc reported an EPS of $0.39 in its last earnings report, beating expectations of $0.346. Following the earnings report the stock price went down -0.345%.
Which hedge fund is a major shareholder of OneSpan Inc?
Currently, no hedge funds are holding shares in OSPN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
OneSpan Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.50 (17.49% Upside)
$13.50 (17.49% Upside)
Blogger Sentiment
Neutral
OSPN Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 46.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $120.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.82%
12-Months-Change
Fundamentals
Return on Equity
27.31%
Trailing 12-Months
Asset Growth
14.78%
Trailing 12-Months
Company Description
OneSpan Inc
OneSpan Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, security, and business productivity worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data signing, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services. It also provides Mobile Security Suite, a software development kit; Mobile Authenticator Studio, a mobile authenticator that operates as a discrete mobile application; and authentication servers, which enables customers to administer a high level of access control. In addition, it offers Trusted Identity Platform, a cloud platform that simplify and secure user journeys; Intelligent Adaptive Authentication; and Risk Analytics, a comprehensive anti-fraud solution. It sells its solutions through its direct sales force, as well as through distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Chicago, Illinois. OneSpan Inc. was a former subsidiary of Guidewire Software, Inc.
OSPN Company Deck
OSPN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized meaningful progress: solid ARR growth (+14.1% YoY), increased subscription mix (80% of revenue), strong segment performance in digital agreements (+11.2% revenue) and continued cybersecurity subscription growth, plus strategic acquisitions (Build 38, Nok Nok) that broaden product capabilities. These positives were tempered by near-term pressures: lower GAAP operating income and EPS, a decline in adjusted EBITDA margin versus prior year, a modest Q2 ARR headwind (~$3M) from non-renewals, continued secular decline in hardware (now 16% of revenue), and a reduced cash balance following acquisition and capital returns. Management reaffirmed revenue and EBITDA guidance and raised ARR guidance, signaling confidence in medium-term growth while acknowledging short-term cost and timing impacts.View all OSPN earnings summariesOSPN Stock 12 Month Forecast
Average Price Target
$13.50
▲(17.49% Upside)
Technical Analysis
Ownership Overview
1.99% Insiders
17.50% Mutual Funds
2.49% Other Institutional Investors
35.82% Public Companies and
Individual Investors