10 Best SaaS Stocks Trading at a Discount

6. Euronet Worldwide, Inc. (NASDAQ:EEFT)

Number of Hedge Fund Holdings: 30

Euronet Worldwide, Inc. (NASDAQ:EEFT) is a payments and transaction processing firm that also operates in the SaaS sector via its Ren payments platform. On December 12th, Oppenheimer kept a Buy rating on the shares with a $109 share price target, TipRanks reported. The research firm had previously set a $133 share price target for Euronet Worldwide, Inc. (NASDAQ:EEFT) in October after it had lowered it to $133 from $134. The latest action from Oppenheimer came after its virtual meeting with the firm on December 11th.

Euronet Worldwide, Inc. (NASDAQ:EEFT) reported its third-quarter earnings on October 23rd. The results saw it report $1.1 billion in revenue and $3.62 in adjusted earnings per share. Euronet Worldwide, Inc. (NASDAQ:EEFT)’s revenue grew by 4% annually during the third quarter while its earnings marked a 19% jump. As part of the release, management commented that the firm’s global expansion is serving it well on the revenue front. CEO Michael J. Brown added that Euronet Worldwide, Inc. (NASDAQ:EEFT) is also streamlining its network capabilities with stablecoins to enable efficient conversion between fiat and stablecoins. The CEO also noted that his firm’s revenue might have grown faster had it not been for “economic and immigration pressure across the globe.” Euronet Worldwide, Inc. (NASDAQ:EEFT) expects 2025 EPS to grow between 12% to 16%.