multifactor authentication (MFA)
Search documents
B.Riley Initiates ‘Buy’ rating on OneSpan Inc. (OSPN) on Strong Solutions Demand
Yahoo Finance· 2025-09-10 11:35
Core Viewpoint - OneSpan Inc. is highlighted as a strong investment opportunity in the cybersecurity sector, with a 'Buy' rating and a price target of $23 initiated by B.Riley due to strong demand for its solutions [1][2]. Group 1: Company Overview - OneSpan Inc. (NASDAQ:OSPN) specializes in cybersecurity, offering a wide range of digital identity, transaction, and mobile security solutions, including multifactor authentication, electronic signatures, and identity verification [4]. Group 2: Market Demand and Growth Opportunities - The company has a competitive advantage due to its robust blue-chip customer base and is experiencing strong demand for its authentication services, which is expected to grow with the increasing adoption of AI technologies [2]. - OneSpan's eSignature technology is anticipated to see continued demand in the financial sector, driven by its high-end security capabilities and compliance with stringent standards [3]. Group 3: Stock Performance and Investment Perspective - Despite a nearly 20% decline in market value year to date, B.Riley considers OneSpan a fundamentally attractive investment opportunity [3].