Euronet Worldwide (NASDAQ:EEFT) Given New $90.00 Price Target at Needham & Company LLC

Euronet Worldwide (NASDAQ:EEFT) had its target price upped by analysts at Needham & Company LLC from $85.00 to $90.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 16.46% from the stock’s current price.

Several other equities research analysts have also issued reports on EEFT. Weiss Ratings raised Euronet Worldwide from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. DA Davidson reaffirmed a “buy” rating and issued a $102.00 price objective on shares of Euronet Worldwide in a report on Friday, July 10th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $96.00.

Euronet Worldwide Stock Down 7.6%

NASDAQ:EEFT traded down $6.39 during mid-day trading on Thursday, reaching $77.28. The stock had a trading volume of 1,141,853 shares, compared to its average volume of 699,246. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.15, a price-to-earnings-growth ratio of 0.65 and a beta of 0.83. Euronet Worldwide has a 1-year low of $62.50 and a 1-year high of $105.86. The stock’s 50 day simple moving average is $72.49 and its two-hundred day simple moving average is $71.56. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Thursday, July 30th. The business services provider reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.97 by ($0.15). Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the company earned $2.56 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities analysts anticipate that Euronet Worldwide will post 9.83 EPS for the current year.

Insider Buying and Selling at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the transaction, the director owned 100,219 shares of the company’s stock, valued at $6,701,644.53. This trade represents a 3.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 12.19% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in EEFT. Weitz Investment Management Inc. bought a new position in shares of Euronet Worldwide during the fourth quarter worth about $12,178,000. Rock Creek Group LP lifted its position in Euronet Worldwide by 233.3% in the 4th quarter. Rock Creek Group LP now owns 100,000 shares of the business services provider’s stock valued at $7,611,000 after purchasing an additional 70,000 shares during the last quarter. New Age Alpha Advisors LLC lifted its position in Euronet Worldwide by 102.6% in the 4th quarter. New Age Alpha Advisors LLC now owns 34,932 shares of the business services provider’s stock valued at $2,659,000 after purchasing an additional 17,690 shares during the last quarter. Reinhart Partners LLC. boosted its stake in Euronet Worldwide by 24.9% during the 4th quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock valued at $102,623,000 after purchasing an additional 268,542 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Euronet Worldwide by 141.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 42,799 shares of the business services provider’s stock valued at $3,252,000 after purchasing an additional 25,085 shares during the period. 91.60% of the stock is currently owned by institutional investors.

More Euronet Worldwide News

Here are the key news stories impacting Euronet Worldwide this week:

• Positive Sentiment: Adjusted EPS rose 10% year over year to $2.82, while revenue increased 3% to $1.108 billion. Management reiterated its outlook for 10%–15% adjusted EPS growth in 2026. Euronet Worldwide Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Digital accelerator revenue grew 31% year over year and represented 26% of quarterly revenue. Euronet also added digital partnerships with Unibanca, Capcom and six Dandelion partners, including Mastercard Move. Euronet Worldwide Reports Second Quarter 2026 Results
• Positive Sentiment: The Payments Infrastructure and epay segments delivered profitable growth, with revenue rising 11% and 5%, respectively. The company also repurchased approximately $50 million of stock during the quarter.
• Neutral Sentiment: Management described the platform as resilient, but European travel softness affected Payments Infrastructure. Net debt increased during the quarter, partly because of higher ATM cash balances and the share repurchase program.
• Negative Sentiment: Adjusted EPS missed the $2.97 analyst consensus by $0.15, and revenue fell short of the $1.14 billion estimate. Euronet Worldwide Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: GAAP operating income declined 14%, adjusted EBITDA fell 6%, and net income attributable to Euronet dropped 21% to $77.4 million. Reported diluted EPS declined to $1.71 from $2.27 a year earlier.
• Negative Sentiment: Cross-Border Payments was the primary weakness: revenue decreased 4%, operating income plunged 34%, and adjusted EBITDA fell 31%. Management cited weaker U.S. outbound remittances, immigration-policy effects and the absence of favorable prior-year items.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.