Wall Street Analysts Think OneSpan (OSPN) Could Surge 27.42%: Read This Before Placing a Bet

Core Viewpoint - OneSpan (OSPN) shares have increased by 11.8% in the past four weeks, closing at $15.17, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $19.33, representing a 27.4% upside [1] Price Targets and Estimates - The average price targets range from a low of $15 to a high of $23, with a standard deviation of $4.04, indicating variability among analysts [2] - The lowest estimate suggests a decline of 1.1%, while the highest estimate indicates a potential upside of 51.6% [2] - Analysts' consensus on price targets should be approached with caution, as their ability to set unbiased targets has been questioned [3][7] Earnings Estimates and Analyst Agreement - Analysts are optimistic about OSPN's earnings prospects, with a strong agreement in revising EPS estimates higher, which correlates with potential stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 5.4%, with one estimate moving higher and no negative revisions [12] Zacks Rank and Investment Implications - OSPN holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not reliably indicate the extent of potential gains, they can provide guidance on the direction of price movement [13]