BlackRock Inc. Buys New Position in Euronet Worldwide, Inc. $EEFT

BlackRock Inc. bought a new stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,343,707 shares of the business services provider’s stock, valued at approximately $244,726,000. BlackRock Inc. owned about 0.09% of Euronet Worldwide at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EEFT. Bank of Montreal Can increased its holdings in shares of Euronet Worldwide by 933.8% in the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after buying an additional 1,800,837 shares during the last quarter. AQR Capital Management LLC raised its position in Euronet Worldwide by 131.9% during the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after purchasing an additional 744,040 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its stake in Euronet Worldwide by 44.9% during the first quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock worth $122,588,000 after purchasing an additional 572,194 shares during the last quarter. Brown Advisory Inc. bought a new stake in Euronet Worldwide during the fourth quarter worth about $37,523,000. Finally, Norges Bank purchased a new position in shares of Euronet Worldwide in the 4th quarter worth about $34,345,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Analysts Set New Price Targets

EEFT has been the topic of several recent research reports. Weiss Ratings lowered Euronet Worldwide from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Wolfe Research dropped their target price on Euronet Worldwide from $75.00 to $70.00 and set an “underperform” rating for the company in a research report on Tuesday. Needham & Company LLC upped their target price on Euronet Worldwide from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, DA Davidson reiterated a “buy” rating and set a $102.00 price target on shares of Euronet Worldwide in a research report on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Euronet Worldwide has an average rating of “Hold” and an average price target of $94.00.

Euronet Worldwide Price Performance

EEFT opened at $70.55 on Thursday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.37 and a quick ratio of 1.37. The stock’s 50 day simple moving average is $74.01 and its 200 day simple moving average is $71.39. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 11.08, a PEG ratio of 0.57 and a beta of 0.82. Euronet Worldwide, Inc. has a 1 year low of $62.50 and a 1 year high of $95.78.

Euronet Worldwide (NASDAQ:EEFT) last announced 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 firm’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.56 earnings per share. As a group, analysts predict that Euronet Worldwide, Inc. will post 9.55 earnings per share for the current year.

More Euronet Worldwide News

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

• Positive Sentiment: Northland raised its Q4 2026 EPS forecast to $2.20 from $2.10 and projects FY2027 EPS of $10.62, above the current full-year consensus estimate of $9.55. The forecasts imply potential earnings growth into 2027.
• Positive Sentiment: Payment growth remains a key potential catalyst. Recent coverage highlighted Euronet’s payment-related growth opportunities, which could support transaction volumes and future revenue if execution remains strong. Euronet Worldwide Puts Payment Growth In Focus
• Neutral Sentiment: Northland’s broader estimates are mixed. The firm forecasts EPS of $3.45 for Q3 2026, $1.34 for Q1 2027, $2.70 for Q2 2027, $3.96 for Q3 2027 and $2.62 for Q4 2027. The projections provide a longer-term earnings framework but do not represent a formal rating change.
• Neutral Sentiment: Analyst consensus remains “Hold.” The rating suggests Wall Street sees limited near-term conviction, leaving EEFT sensitive to earnings results, payment-volume trends and execution. Euronet Worldwide Receives Consensus Rating of Hold
• Negative Sentiment: Wolfe Research lowered its price target to $70 from $75 and maintained an “Underperform” rating. The revised target signals limited upside and reinforces concerns about near-term operating performance.
• Negative Sentiment: Northland reduced its Q3 2026 EPS forecast to $3.45 from $3.55. This near-term estimate cut may be contributing to pressure on the stock, particularly after Euronet’s latest quarterly EPS missed analyst expectations despite modest revenue growth.

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.