Keefe Bruyette cut target for Evertec stock from USD 40.00 to USD 38.00

Published on 10/08/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 274.82 million, 4.80 percent above consensus. Evertec stock costs EUR 25.80 on October 8, 2026 after EUR 25.80.

EVTC, PR30040P1032, Illustration mit AI erstellt.

Evertec (PR30040P1032) stock was at EUR 25.80 at Lang & Schwarz on October 8, 2026 at 10:33 a.m. CEST, unchanged from EUR 25.80. As Markets Insider reported on October 5, 2026, Keefe Bruyette cut its target for Evertec stock from USD 40.00 to USD 38.00. The company provides transaction processing and financial technology services across Latin America, Puerto Rico and the Caribbean, according to Stock Analysis.

Target cut puts valuation in view

The USD 2.00 reduction leaves the Keefe Bruyette target 46.36 percent above the EUR reference price only if currencies are converted, so that comparison is excluded from the valuation read-through. The cleaner signal is the direction of the analyst action: the target moved from USD 40.00 to USD 38.00 while the rating remained Outperform, as reported by Markets Insider on October 5, 2026.

For investors, the target cut adds a counterweight to the company growth story. Evertec operates merchant acquiring, payment networks and business solutions, with the ATH network among its core assets, according to Stock Analysis.

Revenue beat came with earnings strain

Evertec generated USD 274.82 million of revenue in the second quarter of 2026, up 19.70 percent from the year-ago quarter and 4.80 percent above the USD 262.24 million consensus estimate, according to MarketBeat.

GAAP net income was USD 6.88 million in the second quarter, while the net profit margin was 3.00 percent. The reported quarter also included higher expenses and acquisition-related effects, making revenue growth a stronger result than the bottom-line figure.

Higher outlook meets execution risk

Management now expects full-year 2026 revenue of USD 1.085 billion to USD 1.095 billion, representing reported growth of 15.40 percent to 17.50 percent, as Yahoo Finance reported on October 7, 2026.

The upside case depends on Latin American expansion and continued payment volume growth. Simply Wall St also identified revenue softness in Business Solutions and cybersecurity exposure as risks to the valuation narrative on October 7, 2026, keeping execution central after the guidance increase.

Evertec stock stays unchanged

Evertec stock was trading at EUR 25.80 at Lang & Schwarz on October 8, 2026 at 10:33 a.m. CEST, unchanged versus the prior close of EUR 25.80 on October 7, 2026. The reference quote remains separate from the NYSE context, where Evertec is listed in USD.

The further course of trading is shown by the continuously updated real-time quote of Evertec stock.