Latest news with #OneSpan
Yahoo
11 hours ago
- Business
- Yahoo
OneSpan (OSPN) Outperforms Broader Market: What You Need to Know
In the latest trading session, OneSpan (OSPN) closed at $15.82, marking a +1.87% move from the previous day. This change outpaced the S&P 500's 1.11% gain on the day. At the same time, the Dow added 1.19%, and the tech-heavy Nasdaq gained 1.43%. Coming into today, shares of the internet security company had lost 1.74% in the past month. In that same time, the Computer and Technology sector gained 5.67%, while the S&P 500 gained 3.92%. Market participants will be closely following the financial results of OneSpan in its upcoming release. The company is predicted to post an EPS of $0.27, indicating a 12.9% decline compared to the equivalent quarter last year. OSPN's full-year Zacks Consensus Estimates are calling for earnings of $1.45 per share and revenue of $0 million. These results would represent year-over-year changes of +9.85% and 0%, respectively. It's also important for investors to be aware of any recent modifications to analyst estimates for OneSpan. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. OneSpan is currently sporting a Zacks Rank of #2 (Buy). Looking at valuation, OneSpan is presently trading at a Forward P/E ratio of 10.71. This signifies a discount in comparison to the average Forward P/E of 28 for its industry. The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 46, putting it in the top 19% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow OSPN in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONESPAN INC (OSPN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-06-2025
- Business
- Yahoo
OneSpan (OSPN) Declines More Than Market: Some Information for Investors
OneSpan (OSPN) closed at $15.49 in the latest trading session, marking a -4.68% move from the prior day. This change lagged the S&P 500's 1.13% loss on the day. Elsewhere, the Dow lost 1.79%, while the tech-heavy Nasdaq lost 1.3%. The stock of internet security company has risen by 0.37% in the past month, lagging the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 3.55%. The investment community will be paying close attention to the earnings performance of OneSpan in its upcoming release. The company is predicted to post an EPS of $0.27, indicating a 12.9% decline compared to the equivalent quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.45 per share and revenue of $0 million. These totals would mark changes of +9.85% and 0%, respectively, from last year. Investors should also pay attention to any latest changes in analyst estimates for OneSpan. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. OneSpan is currently sporting a Zacks Rank of #2 (Buy). From a valuation perspective, OneSpan is currently exchanging hands at a Forward P/E ratio of 11.21. This denotes a discount relative to the industry average Forward P/E of 28.14. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 53, placing it within the top 22% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONESPAN INC (OSPN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Finextra
06-06-2025
- Business
- Finextra
OneSpan acquires Fido passwordless software authentication solution provider Nok Nok Labs
OneSpan Inc. today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Combined with OneSpan's recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry's most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs. 'This is more than an acquisition — it's a bold step toward providing customers with maximum choice in authentication,' said Victor Limongelli, CEO at OneSpan. 'We're evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok's world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.' As a founding member of the FIDO Alliance, Nok Nok has been at the forefront of advancing passwordless authentication standards globally. With a customer base spanning the US, Asia, and Europe, Nok Nok delivers robust, standards-based security solutions trusted by leading enterprises. The company's strong authentication platform ensures seamless integration and scalability, supporting UAF and FIDO2 protocols to meet diverse regulatory and business requirements. Nok Nok leads the industry with innovative solutions that simplify secure user experiences across digital channels. 'Joining OneSpan marks an exciting new chapter for our team and our technology,' said Phillip Dunkelberger, President & CEO at Nok Nok. 'We've always believed that open standards like FIDO are an important part of the future of authentication, and with OneSpan's global reach and innovation engine, we're now poised to bring our vision to an even broader audience.' 'This is an exciting combination for the FIDO Alliance and the authentication market in general,' said Andrew Shikiar, Executive Director & CEO of the FIDO Alliance. 'Nok Nok has been a trailblazer in the FIDO ecosystem, and we're thrilled to see their innovation carried forward through OneSpan's global reach and resources.' With this acquisition, OneSpan plans to integrate the strengths of both companies into a unified, more powerful portfolio that delivers greater value to banking and enterprise customers.
Business Wire
05-06-2025
- Business
- Business Wire
OneSpan Accelerates FIDO Leadership With Acquisition Of Nok Nok Labs
BOSTON & SAN JOSE, Calif.--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options. Combined with OneSpan's recently launched FIDO2 security keys, this strategic acquisition enables the Company to provide customers worldwide with the industry's most innovative, comprehensive, and future-ready authentication portfolio. Whether on-premises or in the cloud, OTP or FIDO, software or hardware—including Digipass, FIDO2 protocols, and Cronto solutions for transaction signing—OneSpan now offers customers maximum flexibility to meet their authentication needs. 'This is more than an acquisition — it's a bold step toward providing customers with maximum choice in authentication,' said Victor Limongelli, CEO at OneSpan. 'We're evolving our entire authentication platform to include FIDO standards because we believe passwordless is an important part of the future. With Nok Nok's world-class technology and FIDO expertise, we now offer the most comprehensive and versatile customer authentication solution on the market.' As a founding member of the FIDO Alliance, Nok Nok has been at the forefront of advancing passwordless authentication standards globally. With a customer base spanning the US, Asia, and Europe, Nok Nok delivers robust, standards-based security solutions trusted by leading enterprises. The company's strong authentication platform ensures seamless integration and scalability, supporting UAF and FIDO2 protocols to meet diverse regulatory and business requirements. Nok Nok leads the industry with innovative solutions that simplify secure user experiences across digital channels. 'Joining OneSpan marks an exciting new chapter for our team and our technology,' said Phillip Dunkelberger, President & CEO at Nok Nok. 'We've always believed that open standards like FIDO are an important part of the future of authentication, and with OneSpan's global reach and innovation engine, we're now poised to bring our vision to an even broader audience.' 'This is an exciting combination for the FIDO Alliance and the authentication market in general,' said Andrew Shikiar, Executive Director & CEO of the FIDO Alliance. 'Nok Nok has been a trailblazer in the FIDO ecosystem, and we're thrilled to see their innovation carried forward through OneSpan's global reach and resources.' With this acquisition, OneSpan plans to integrate the strengths of both companies into a unified, more powerful portfolio that delivers greater value to banking and enterprise customers. About OneSpan OneSpan provides secure authentication, identity, electronic signature and digital workflow solutions that protect and facilitate digital transactions and agreements. The Company delivers products and services that automate and secure customer-facing and revenue-generating business processes for use cases ranging from simple transactions to workflows that are complex or require higher levels of security. Trusted by global blue-chip enterprises, including more than 60% of the world's 100 largest banks, OneSpan processes millions of digital agreements and billions of multi-factor authentication transactions in 100+ countries annually. For more information, go to You can also follow @OneSpan on X (Twitter) or visit us on LinkedIn and Facebook. Forward-Looking Statements This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding: our beliefs and expectations about the future of authentication, including passwordless authentication and FIDO standards; our plans regarding Nok Nok Labs, Inc. technology and its integration with OneSpan solutions; and the general impact of, and outcomes from, the acquisition of Nok Nok Labs, Inc. Forward-looking statements may be identified by words or phrases such as "seek", "believe", "plan", "estimate", "anticipate", 'expect", "intend", "continue", "outlook", "may", "will", "should", "could", or "might" and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the 'Risk Factors' section of our Annual Report on Form 10-K, as updated by the 'Risk Factors' section of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. Our filings with the Securities and Exchange Commission (the 'SEC') and other important information can be found in the Investor Relations section of our website at We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law. Unless otherwise noted, references in this press release to 'OneSpan', 'Company', 'we', 'our', and 'us' refer to OneSpan Inc. and its subsidiaries.
Yahoo
02-06-2025
- Business
- Yahoo
Should You Invest in OneSpan (OSPN) Based on Bullish Wall Street Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about OneSpan (OSPN). OneSpan currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by four brokerage firms. An ABR of 2.00 indicates Buy. Of the four recommendations that derive the current ABR, two are Strong Buy, representing 50% of all recommendations. Check price target & stock forecast for OneSpan here>>>The ABR suggests buying OneSpan, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation. Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision. In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. In terms of earnings estimate revisions for OneSpan, the Zacks Consensus Estimate for the current year has increased 5.4% over the past month to $1.45. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for OneSpan. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Therefore, the Buy-equivalent ABR for OneSpan may serve as a useful guide for investors. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ONESPAN INC (OSPN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
