LIVE

OSPN

OneSpan Inc.

OSPN

NASDAQ·Technology·Software - Infrastructure·Mkt cap $546.5M

$14.44

-2.04%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$10.07 - $18.13

P/E

7.93

Fwd P/E

11.88

Beta

1.53

Div Yield

3.39%

Avg Vol

516.9K

Shares Out

38.0M

Mkt Cap

$546.5M

Price action

Price chart

Down 14.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

6 reasons

  • 30+ years of expertise in digital security and authentication since 1991
  • Comprehensive integrated platform combining e-signature, authentication, and identity verification
  • Strong enterprise customer base in highly regulated financial services sector
  • Cloud-native architecture supporting scalability for high-volume transaction processing
  • Advanced biometric and adaptive authentication capabilities reducing fraud risk
  • Global distribution network through direct sales and strategic partnerships

Bear Case

1 risk

  • Above-average volatility (beta 1.5).

Growth

Stable outlook

Accelerating digital transformation in banking and financial services post-pandemic

Value

Undervalued - trading well below Cybersecurity Software peers

Momentum

Hot

+37.9% over 3m

Quality

Excellent

Excellent business quality

Dividend

Solid

3.39% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 29, 2026

Q2 26 RECAP

APR 30, 2026

Reported EPS of $0.39 vs $0.36 consensus (+8.3% surprise). Revenue of $65.9M vs $62.4M expected (+5.7%). Beat on both top and bottom lines.

EPS beat +8.3%
Rev beat +5.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+8.3%

Next: Apr 29, 2026

Revenue trend · last 8Q

-3%

-2%

-2%

+1%

+3%

+4%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$60.9M

$56.2M

$61.2M

$63.4M

$59.8M

$57.1M

$62.9M

$65.9M

Margins · last 8Q

Gross

Operating

Profit

17.5%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: DA Davidson · Feb 27, 2026

vs Industry

How OSPN stacks vs Software - Infrastructure

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.