--- title: "Results: OneSpan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts" type: "News" locale: "en" url: "https://longbridge.com/en/news/284997232.md" description: "OneSpan Inc. (NASDAQ:OSPN) reported strong first-quarter results, beating revenue estimates with US$66m and EPS of US$0.30, exceeding expectations by 40%. Analysts forecast 2026 revenues at US$246.4m, consistent with previous estimates, but EPS is expected to drop 49% to US$0.96. Despite the positive sentiment reflected in the EPS upgrade, the consensus price target remains unchanged at US$16.25, indicating limited long-term valuation impact. OneSpan's growth is projected to lag behind industry averages, with a forecasted annual growth rate of only 0.3% until 2026, compared to 16% for the industry." datetime: "2026-05-03T14:00:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284997232.md) - [en](https://longbridge.com/en/news/284997232.md) - [zh-HK](https://longbridge.com/zh-HK/news/284997232.md) --- # Results: OneSpan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts As you might know, **OneSpan Inc.** (NASDAQ:OSPN) just kicked off its latest first-quarter results with some very strong numbers. The company beat forecasts, with revenue of US$66m, some 7.6% above estimates, and statutory earnings per share (EPS) coming in at US$0.30, 40% ahead of expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following last week's earnings report, OneSpan's five analysts are forecasting 2026 revenues to be US$246.4m, approximately in line with the last 12 months. Statutory earnings per share are forecast to plummet 49% to US$0.96 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$246.1m and earnings per share (EPS) of US$0.81 in 2026. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the solid gain to earnings per share expectations following these results. See our latest analysis for OneSpan There's been no major changes to the consensus price target of US$16.25, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on OneSpan, with the most bullish analyst valuing it at US$22.00 and the most bearish at US$12.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that OneSpan's revenue growth is expected to slow, with the forecast 0.3% annualised growth rate until the end of 2026 being well below the historical 3.7% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 16% annually. Factoring in the forecast slowdown in growth, it seems obvious that OneSpan is also expected to grow slower than other industry participants. ## The Bottom Line The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around OneSpan's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple OneSpan analysts - going out to 2027, and you can see them free on our platform here. And what about risks? Every company has them, and we've spotted **2 warning signs for OneSpan** (of which 1 is concerning!) you should know about. ### Related Stocks - [OSPN.US](https://longbridge.com/en/quote/OSPN.US.md) ## Related News & Research - [Onespan’s Latest Filing Flags No New Risks, Keeping Existing 10-K Vulnerabilities in Focus](https://longbridge.com/en/news/295061823.md) - [OneSpan beats Q2 revenue, profit estimates on subscription growth](https://longbridge.com/en/news/294864057.md) - [OSPN: Q2 2026 saw 1% revenue growth, 28% EBITDA margin, and a dividend hike to $0.52 per share](https://longbridge.com/en/news/294863673.md) - [Onespan Earnings Call Highlights Subscription‑Driven Momentum](https://longbridge.com/en/news/295346356.md) - [Ares Capital earned $0.50 a share and is paying out $0.48. How thin is that dividend cushion?](https://longbridge.com/en/news/295325595.md)