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OSPN logo OSPN
Upturn stock rating
OSPN logo

OneSpan Inc (OSPN)

Upturn stock rating
$15.45
Last Close (24-hour delay)
Profit since last BUY0.26%
upturn advisory
WEAK BUY
BUY since 25 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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  • WEEK

Upturn Advisory Summary

10/15/2025: OSPN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $19.5

1 Year Target Price $19.5

Analysts Price Target For last 52 week
$19.5 Target price
52w Low $12.4
Current$15.45
52w High $20.04

Analysis of Past Performance

Type Stock
Historic Profit -31.72%
Avg. Invested days 33
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 576.40M USD
Price to earnings Ratio 9.83
1Y Target Price 19.5
Price to earnings Ratio 9.83
1Y Target Price 19.5
Volume (30-day avg) 4
Beta 1.32
52 Weeks Range 12.40 - 20.04
Updated Date 10/17/2025
52 Weeks Range 12.40 - 20.04
Updated Date 10/17/2025
Dividends yield (FY) 2.34%
Basic EPS (TTM) 1.53

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 24.9%
Operating Margin (TTM) 17.64%

Management Effectiveness

Return on Assets (TTM) 10.34%
Return on Equity (TTM) 28.45%

Valuation

Trailing PE 9.83
Forward PE -
Enterprise Value 513621610
Price to Sales(TTM) 2.4
Enterprise Value 513621610
Price to Sales(TTM) 2.4
Enterprise Value to Revenue 2.13
Enterprise Value to EBITDA 8.38
Shares Outstanding 38324622
Shares Floating 37560812
Shares Outstanding 38324622
Shares Floating 37560812
Percent Insiders 5.52
Percent Institutions 98.11

ai summary icon Upturn AI SWOT

OneSpan Inc

stock logo

Company Overview

overview logo History and Background

OneSpan Inc. (formerly Vasco Data Security) was founded in 1991. Initially focused on security hardware, it evolved into a digital identity and security solutions provider. Key milestones include strategic acquisitions and a shift towards software-based solutions for banking and other industries.

business area logo Core Business Areas

  • Digital Agreements: Provides secure and compliant digital agreements, including e-signatures, workflow automation, and identity verification. This supports secure online transactions and document management.
  • Trusted Identity: Offers solutions for secure authentication, fraud mitigation, and identity management. This includes multi-factor authentication (MFA), mobile security, and risk analytics.

leadership logo Leadership and Structure

The leadership team includes Matt Moynahan (CEO) and other executives in finance, technology, and sales. The organizational structure is functional, with departments focusing on product development, marketing, sales, and operations.

Top Products and Market Share

overview logo Key Offerings

  • SigniFlow: A secure electronic signature solution that enables organizations to digitize their agreement processes. Market share is estimated to be in the single-digit percentages. Competitors include DocuSign, Adobe Sign, and HelloSign.
  • Mobile Security Suite: Provides a comprehensive suite of tools to secure mobile applications and transactions, including app shielding, authentication, and fraud prevention. Market share data is not readily available. Competitors include Entrust, Thales Group, and ForgeRock.

Market Dynamics

industry overview logo Industry Overview

The digital identity and security market is growing rapidly, driven by increasing cybersecurity threats, digital transformation initiatives, and regulatory compliance requirements. Key trends include the adoption of cloud-based solutions and the rise of mobile security.

Positioning

OneSpan Inc. is positioned as a provider of secure digital identity and transaction solutions, primarily targeting financial institutions and regulated industries. Competitive advantages include its strong expertise in security and compliance, as well as its focus on customer experience.

Total Addressable Market (TAM)

The total addressable market (TAM) for digital identity and security is estimated to be several billion dollars annually and is expected to grow. OneSpan Inc. is positioned to capture a portion of this market by offering secure and compliant solutions. A specific TAM is difficult to pin down, estimates for digital identity market reach upwards of $70 Billion by 2027.

Upturn SWOT Analysis

Strengths

  • Strong expertise in security and compliance
  • Focus on financial institutions and regulated industries
  • Comprehensive suite of digital identity and transaction solutions
  • Established customer base

Weaknesses

  • Smaller scale compared to larger competitors
  • Dependence on specific industries (financial services)
  • Historically slower growth compared to pure SaaS players
  • Past financial performance volatility

Opportunities

  • Expanding into new markets and industries
  • Developing new and innovative solutions
  • Leveraging partnerships and alliances
  • Increased demand for digital security solutions

Threats

  • Intense competition from larger players
  • Rapid technological changes
  • Evolving regulatory landscape
  • Economic downturns

Competitors and Market Share

competitor logo Key Competitors

  • DOCU
  • ADBE
  • ENTU

Competitive Landscape

OneSpan Inc. faces intense competition from larger and more established players in the digital identity and security market. It needs to differentiate itself through innovation, customer service, and strategic partnerships.

Major Acquisitions

DealFlo

  • Year: 2018
  • Acquisition Price (USD millions): 51.6
  • Strategic Rationale: DealFlou2019s cloud-based customer onboarding and loan origination solutions were acquired to expand the OneSpan Inc. platform for digital transformation.

Growth Trajectory and Initiatives

Historical Growth: OneSpan Inc.'s historical growth has been mixed, with periods of rapid growth followed by slower growth or declines. Please refer to financial statements for specific data.

Future Projections: Future growth projections for OneSpan Inc. require access to analyst estimates. These estimates can be found on financial websites.

Recent Initiatives: Recent initiatives could include new product launches, strategic partnerships, and acquisitions. Information about these initiatives can be found in press releases and investor presentations.

Summary

OneSpan Inc. is a niche player in the growing digital identity and security market, with a focus on financial institutions. While its expertise and established customer base are strengths, it faces intense competition from larger players. Strategic acquisitions and partnerships will be crucial for future growth. OneSpan Inc. needs to keep innovating and adapting to changing technology.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Industry reports
  • Financial news sources

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It is not financial advice and should not be used as the sole basis for investment decisions.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About OneSpan Inc

Exchange NASDAQ
Headquaters Boston, MA, United States
IPO Launch date 1998-03-23
CEO & President Mr. Victor T. Limongelli Esq.
Sector Technology
Industry Software - Infrastructure
Full time employees 471
Full time employees 471

OneSpan Inc., together with its subsidiaries, provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Cloud Authentication, a cloud-based multifactor authentication solution that supports various authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; Mobile Security Suite, a software development kit that protects mobile transactions; Mobile Application Shielding that protects mobile applications from attacks by malware allowing secure usage of mobile applications even in hostile environments; authentication servers that provides various authentication utilities and solutions designed to allow organizations to securely authenticate users and transactions; Authentication Suite, a solution to protect organizations from cyber threats; and Digipass Authenticators, consisting of various authentication devices. It also provides OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Notary, an online notary solution developed for organizations with in-house notaries; OneSpan Identity Verification that enables banks and financial institutions identity verification services; and OneSpan Integration Platform, a platform that enables organizations to easily integrate e-signatures powered by OneSpan Sign into well-known applications, such as Microsoft Apps, Google Workspace, Salesforce, and Workday. It sells its solutions through its direct sales force, 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 Boston, Massachusetts.