Street Calls of the Week
BOSTON - OneSpan Inc. (NASDAQ:OSPN), a cybersecurity company with a "GREAT" financial health score according to InvestingPro, announced Monday a strategic investment in and partnership with ThreatFabric, a provider of proactive fraud detection and malware defense solutions.
The partnership aims to enhance OneSpan’s cyber fraud prevention capabilities for the financial services industry, which has seen a rise in Authorized Push Payment (APP) fraud. By integrating mobile threat intelligence, malware risk detection, and behavioral risk evaluation technologies, OneSpan plans to offer additional defenses against evolving digital threats. The company maintains a strong financial position, with InvestingPro data showing it holds more cash than debt on its balance sheet and maintains healthy liquidity ratios.
As part of the investment, OneSpan will join ThreatFabric’s board of directors and participate in the newly formed ThreatFabric Strategic Advisory Board.
"Mobile devices are the dominant access point for consumer financial services, leading to the rise in device compromise, malware, and cyberfraud," said Victor Limongelli, CEO of OneSpan, in a press release statement.
Founded in Amsterdam in 2015, ThreatFabric provides layered fraud prevention solutions including behavioral analytics, device intelligence, and real-time threat intelligence. The company currently protects over 60 million banking customers worldwide.
ThreatFabric’s existing investors include Rabo Investments, Motive Ventures, 10x Founders, and 14Peaks Capital.
The financial terms of the investment were not disclosed.
OneSpan, which processes billions of multi-factor authentication transactions annually, serves more than 60% of the world’s 100 largest banks, according to the company. With a P/E ratio of 10.3 and strong free cash flow yield, InvestingPro analysis indicates the stock is currently undervalued. Get access to the complete OneSpan financial analysis and 12 additional ProTips with an InvestingPro subscription, including detailed valuation metrics and growth forecasts.
In other recent news, OneSpan Inc. reported impressive financial results for the second quarter of 2025. The company exceeded earnings expectations with an earnings per share (EPS) of $0.34, compared to the anticipated $0.29. Additionally, OneSpan’s revenue surpassed forecasts, reaching $59.8 million against an expected $59.03 million. On the analyst front, B.Riley initiated coverage on OneSpan with a Buy rating, citing the company’s strong position in the multi-factor authentication market and setting a price target of $23.00. They highlighted the growing demand for authentication services and the potential impact of artificial intelligence on future demand. Meanwhile, DA Davidson added OneSpan to its STAMPEDE list under the "E - Excess Cash" category, maintaining a Neutral rating with a $15.00 price target. DA Davidson noted OneSpan’s success in reducing costs and improving free cash flow, emphasizing the company’s return of excess cash to shareholders. These recent developments reflect a positive outlook for OneSpan among analysts and investors.
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