Formula Growth Ltd. Acquires Shares of 13,000 Euronet Worldwide, Inc. $EEFT

Formula Growth Ltd. bought a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,000 shares of the business services provider’s stock, valued at approximately $951,000.

A number of other large investors have also recently modified their holdings of the business. Johnson Financial Group Inc. bought a new position in shares of Euronet Worldwide in the 3rd quarter valued at $26,000. Danske Bank A S acquired a new position in shares of Euronet Worldwide during the 3rd quarter worth $26,000. Geneos Wealth Management Inc. raised its holdings in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after buying an additional 109 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Euronet Worldwide during the 4th quarter worth $38,000. Finally, PenderFund Capital Management Ltd. bought a new stake in shares of Euronet Worldwide during the 2nd quarter worth $42,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Wall Street Analyst Weigh In

EEFT has been the topic of a number of recent analyst reports. Needham & Company LLC lifted their target price on Euronet Worldwide from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. DA Davidson reissued a “buy” rating and set a $102.00 target price on shares of Euronet Worldwide in a research note on Friday, July 10th. Weiss Ratings cut shares of Euronet Worldwide from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Finally, Wolfe Research reduced their price target on shares of Euronet Worldwide from $75.00 to $70.00 and set an “underperform” rating on the stock in a research note on Tuesday. Three 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 MarketBeat.com, Euronet Worldwide presently has an average rating of “Hold” and an average target price of $94.00.

Euronet Worldwide Stock Down 2.9%

Shares of NASDAQ:EEFT opened at $68.53 on Friday. Euronet Worldwide, Inc. has a 52-week low of $62.50 and a 52-week high of $94.90. The company has a market capitalization of $2.61 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 0.57 and a beta of 0.82. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.37 and a current ratio of 1.37. The company has a fifty day moving average of $74.06 and a 200-day moving average of $71.35.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings data on Thursday, July 30th. The business services provider reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.93 by ($0.11). Euronet Worldwide had a net margin of 6.63% and a return on equity of 28.60%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $2.56 EPS. On average, equities analysts predict that Euronet Worldwide, Inc. will post 9.55 EPS for the current fiscal year.

Key Stories Impacting Euronet Worldwide

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

• Positive Sentiment: Northland Securities raised its Q4 2026 EPS forecast to $2.20 from $2.10 and projects FY2027 EPS of $10.62, above the current-year consensus estimate of $9.55. This points to potential earnings acceleration beyond 2026. Northland Securities Euronet earnings estimates
• Positive Sentiment: Coverage has highlighted Euronet’s payment growth prospects, suggesting that expanding electronic payments and transaction volumes remain important potential catalysts for the business. Euronet Worldwide Puts Payment Growth in Focus
• Neutral Sentiment: Analysts maintain a consensus “Hold” rating, indicating limited conviction that the shares will outperform in the near term. Euronet Worldwide Receives Consensus Hold Rating
• Negative Sentiment: Wolfe Research lowered its expectations for Euronet’s stock price, adding valuation pressure. Northland also reduced its Q3 2026 EPS forecast to $3.45 from $3.55, signaling softer near-term earnings expectations. The caution is notable following Euronet’s most recent quarterly EPS miss, when results came in at $2.82 versus the $2.93 consensus, although revenue still grew 3.2% year over year. Wolfe Research Lowers Euronet Worldwide Stock Price Expectations

Euronet Worldwide Company Profile

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.