Euronet Worldwide, Inc. (EEFT): A Bull Case Theory

We came across a bullish thesis on Euronet Worldwide, Inc. (EEFT) on Value Investing Subreddit Page by wallstreetdata. In this article, we will summarize the bulls’ thesis on EEFT. Euronet Worldwide, Inc. (EEFT)’s share was trading at $99.40 as of March 12th. EEFT’s trailing and forward P/E were 15.41 and 10.08 respectively according to Yahoo Finance.

A close-up of a hand withdrawing cash from an ATM, symbolizing the company’s deposit products.

Euronet Worldwide (EEFT) is significantly undervalued, trading at just 5.4x 2026 EBITDA and 9x 2026 earnings, despite consistent execution and an expected growth reacceleration. The company’s ATM business is seeing improved take rates with over 50% incremental EBITDA margins, while growth in Merchant Services, REN, and Dandelion is effectively offsetting ATM declines. Management has guided for 12-16% EPS growth in 2025, implying 14-15% EBITDA growth and 10% revenue growth. The base case valuation assumes a 9x EV/EBITDA multiple and 13x earnings, while the bull case targets $170 per share at 15x P/E, representing 116% upside. The key risk remains potential immigration policy changes that could impact the money transfer segment. However, with strong execution, diversified revenue streams, and an attractive valuation, EEFT presents a compelling investment opportunity with a favorable risk/reward profile.

Euronet Worldwide, Inc. (EEFT) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held EEFT at the end of the fourth quarter which was 33 in the previous quarter. While we acknowledge the risk and potential of EEFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than EEFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.