Core Insights - Euronet Worldwide, Inc. (NASDAQ:EEFT) is currently viewed as one of the most undervalued fintech stocks, despite recent downgrades from analysts [1] - Wolfe Research downgraded the stock from Peer perform to Underperform with a price target of $80, citing structural pressures limiting revenue growth for payment service providers [2] - Monness also downgraded the stock from Buy to Hold, highlighting competitive pressures from independent channels that may affect long-term growth rates [3] Company Challenges - The company faces challenges in its European ATM business due to a rising trend in cash-to-card conversions [2] - Immigration headwinds are posing a threat to Euronet's retail remittance business, raising concerns about its growth prospects [2] - Competitive pressures from independent channels are also a concern for the company's long-term growth [3] Business Segments - Euronet Worldwide operates in three segments: Electronic Funds Transfer (EFT), epay, and Money Transfer, providing a range of payment solutions globally [3]
Here’s What Wall Street Thinks About Euronet Worldwide, Inc. (EEFT)