OSPN — OneSpan Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About OneSpan Inc

OneSpan Inc., together with its subsidiaries, provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. It operates through Cybersecurity and Digital Agreements segments. The company offers Cloud Authentication, a cloud-based multifactor authentication solution; Mobile Security Suite, a software development … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$13.71
Market Cap$477M
Float36.1M
Shares Outstanding37.1M
P/E (Forward)9.53
P/E (TTM)7.12
Price/Sales (TTM)1.94
vs. Analyst Target+18.5% to analyst PT
Profit Margin28.47%
Operating Margin (TTM)22.90%
Revenue (TTM)$246M
Earnings Growth (YoY)-18.90%
Dividend Rate0.5%
Analyst Target Price$16.25 (4 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $216M -$5.5M $152M $7.6M
2021 $214M -$30.6M $143M -$17.2M
2022 $219M -$14.4M $149M -$6.7M
2023 $235M -$29.8M $158M -$5.1M
2024 $243M $57.1M $175M $57.6M
2025 $243M $72.9M $172M $64.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $59.8M $8.3M
Sep 2025 $57.1M $6.5M
Dec 2025 $62.9M $43.5M
Mar 2026 $65.9M $11.6M

Ownership & Float

Insider Ownership2.0%
Institutional Ownership94.3%
Short Float6.6%
% of All Funds Holding2.13%
Number of Funds Holding175

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$11.71Near-term / short-term trend
Weekly40-Week SMA$12.64Medium-term trend
Weekly80-Week SMA$14.59Cyclical trend (business cycle)
Weekly200-Week SMA$13.47Secular trend (multi-year)
Monthly10-Month SMA$12.61Near-term monthly trend
Monthly20-Month SMA$14.61Medium-term monthly trend
Monthly40-Month SMA$13.73Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$16.50 resistance 1.03x 9 months ago
$9.70 support 1.82x 25 months ago

Historical Earnings Reactions (110 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.55% 0.00% 44.55% 26.76% -29.46%
1 Day -0.96% 0.00% 49.09% 23.07% -39.62%
1 Week -0.84% 0.11% 50.00% 29.81% -34.23%
2 Weeks -1.36% -2.39% 42.73% 39.53% -30.12%
1 Month 1.17% -0.75% 46.79% 82.39% -40.96%

Next earnings: April 30, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan7.1%57.1%28
Feb1.4%39.3%28
Mar6.1%60.7%28
Apr1.3%50.0%28
May2.8%44.4%27
Jun-1.0%35.7%28
Jul-0.4%46.4%28
Aug-2.3%50.0%28
Sep-1.7%42.9%28
Oct4.0%60.7%28
Nov3.6%60.7%28
Dec4.7%46.4%28

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.11% 46.2% 1322
Tuesday 0.25% 48.5% 1446
Wednesday 0.08% 48.5% 1446
Thursday 0.10% 46.7% 1418
Friday 0.21% 47.4% 1412

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 94.3%

Insider Transactions — Smart Summary

Total insider ownership: 2.0%

12-Month Insider Activity Summary

Total Filings7
Net Value-$284,671.5
Net Shares Change34,500
% of Float0.1%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
McConnell Michael J +$598,000 1 1 buy
Martell Jorge Garcia Chief Financial Officer -$284,671.5 2 2 sell
Zenner Marc +$87,201.8 3 3 buy
Capers Garry L +$26,138.8 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-04 Zenner Marc +$34,782 Transaction at $10.54, now +30.1%
2026-03-17 Martell Jorge Garcia Chief Financial Officer -$154,996.5 Transaction at $10.33, now +32.7%
2025-12-12 Martell Jorge Garcia Chief Financial Officer -$129,675 Transaction at $12.97, now +5.7%
2025-11-05 McConnell Michael J +$598,000 Transaction at $11.96, now +14.6%
2025-08-08 Capers Garry L +$26,138.8 Transaction at $13.07, now +4.9%
2025-11-05 Zenner Marc +$24,259.8 Transaction at $12.13, now +13.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for OneSpan Inc (OSPN) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for OSPN on Trend Edge →