Can Strong Recurring Revenue Growth Push SPNS Stock Higher in 2025?
From Nasdaq: 2025-04-17 10:50:00
Sapiens International (SPNS) has shown resilience in 2025, with shares down only 2.3% year to date, outperforming the broader Computer & Technology sector’s decline of 14%. Recurring revenues from software products and services increased by 14.1% in 2024 to $390 million, accounting for 72% of revenues.
SPNS benefits from a rich partner base, with collaborations with key players like Microsoft, Deloitte, and Cognizant. Recent partnerships include Universal Life in Cyprus and Hiscox UK, resulting in modernization of core insurance systems and operational performance improvements.
For fiscal 2025, SPNS projects revenues between $553 million and $558 million, with a Zacks Consensus Estimate for earnings at $1.46 per share. The Zacks Consensus Estimate for first-quarter 2025 revenues is $136.51 million, with earnings estimated at 35 cents per share.
SPNS currently carries a Zacks Rank #3 (Hold) and offers various portfolio services like Surprise Trader and Technology Innovators. You can access all picks for just $1 for 30 days, with no obligation to spend more. Thousands have already taken advantage of this opportunity.
Read more at Nasdaq: Can Strong Recurring Revenue Growth Push SPNS Stock Higher in 2025?