Jefferies initiated coverage on ACI Worldwide with a new price target
$ACIW
Computer Software: Prepackaged Software
Technology
Jefferies initiated coverage of ACI Worldwide with a rating of Buy and set a new price target of $38.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $57.00 → $60.00 | Buy → Neutral | DA Davidson |
| 10/18/2024 | Overweight → Equal-Weight | Stephens | |
| 3/8/2024 | $38.00 | Buy | Jefferies |
| 11/21/2023 | $31.00 | Buy | Seaport Research Partners |
| 11/2/2022 | Buy → Hold | Needham | |
| 7/15/2022 | $31.00 | Overweight | Stephens |
10-Q - ACI WORLDWIDE, INC. (0000935036) (Filer)
8-K - ACI WORLDWIDE, INC. (0000935036) (Filer)
8-K - ACI WORLDWIDE, INC. (0000935036) (Filer)
Q3 2024 HIGHLIGHTS Revenue up 24% versus Q3 2023 Net income up 115% versus Q3 2023 Adjusted EBITDA up 61% versus Q3 2023 Cash flow from operating activities up 114% versus Q3 2023 Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, announced financial results today for the quarter ended September 30, 2024. "We are very pleased with our third quarter results and the continued positive momentum in the business. We saw particular strength within our Bank and Merchant segments and are once again raising our full-year outlook," said Thomas Warsop, president and CEO of ACI Worldwide. "This year the team has done
Conference Call Scheduled for Thursday, November 7, 2024, at 8:30 a.m. ET ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today that it will report its financial results for the third quarter 2024 on Thursday, November 7, 2024. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ or use the following number for dial-in participation: toll-free (888) 660-6377. Please provide your name, the conference name of ACI Worldwide, Inc. and conference ID 3153574. About ACI Worldwide ACI Worldwide is a g
Q2 2024 HIGHLIGHTS Revenue up 16% versus Q2 2023 Net income of $31 million, up $38 million from Q2 2023 Adjusted EBITDA up 62% versus Q2 2023 Cash flow from operating activities of $55 million, up 215% versus Q2 2023 Announced $400 million share repurchase authorization Repurchased 1.7 million shares for $57 million Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced financial results today for the quarter ended June 30, 2024. "We are pleased to report another quarter of strong growth in revenue and adjusted EBITDA, with both exceeding our financial guidance. Year-to-date
Losses to APP scams are expected to record an average CAGR of 12% from 2023-2028. Real-time payment APP scam losses are expected to grow to $6.1 billion by 2028, comprising 80% of total APP scam values. One in four scam victims will leave their current financial institution, underscoring the critical need for FIs to protect customers and maintain trust. Authorized push payment (APP) scam losses are on the rise, expected to climb to $7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, in partner
Zimswitch will utilize ACI Fraud Management and Payments Intelligence to combat fraud in Zimbabwe ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, today announced that Zimswitch, Zimbabwe's national electronic payments switch and a leading payments technology company, has chosen ACI's Fraud Management and Payments Intelligence solution to enhance its fraud prevention and management capabilities. Through this implementation, Zimswitch aims to bolster the security of Zimbabwe's digital payment infrastructure and provide an elevated level of protection and security for financial institutions and consumers. This press release features multimedia. View the ful
Q3 2024 HIGHLIGHTS Revenue up 24% versus Q3 2023 Net income up 115% versus Q3 2023 Adjusted EBITDA up 61% versus Q3 2023 Cash flow from operating activities up 114% versus Q3 2023 Raising guidance range for full-year 2024 ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, announced financial results today for the quarter ended September 30, 2024. "We are very pleased with our third quarter results and the continued positive momentum in the business. We saw particular strength within our Bank and Merchant segments and are once again raising our full-year outlook," said Thomas Warsop, president and CEO of ACI Worldwide. "This year the team has done
DA Davidson downgraded ACI Worldwide from Buy to Neutral and set a new price target of $60.00 from $57.00 previously
Stephens downgraded ACI Worldwide from Overweight to Equal-Weight
Jefferies initiated coverage of ACI Worldwide with a rating of Buy and set a new price target of $38.00
4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
4 - ACI WORLDWIDE, INC. (0000935036) (Issuer)
ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best of ACI's and RS2's acquiring and issuing capabilities, supporting financial institutions, integrated software vendors, payment facilitators, independent sales organizations and payment processors on their digital transformation and modernization journey. It brings the global expertise and technology of both companies to the Brazilian market jointly for the first time. The combined new cloud-enabled technology platform
50 million instant cross-border payments were processed by STET and ACI Worldwide in the last 12 months STET's CSM platform leverages ACI technology to offer interoperability with the other major European instant payment scheme
SC 13G/A - ACI WORLDWIDE, INC. (0000935036) (Subject)
SC 13G/A - ACI WORLDWIDE, INC. (0000935036) (Subject)
SC 13G/A - ACI WORLDWIDE, INC. (0000935036) (Subject)
New offering combines the best of ACI's and RS2's acquiring and issuing capabilities to launch a joint solution for the Brazilian market Cloud-enabled platform allows payment companies to launch new products and services quickly ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the best of ACI's and RS2's acquiring and issuing capabilities, supporting financial institutions, integrated software vendors, payment facilitators, independent sales organizations and payment p
ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments software, announced today the appointment of two new independent directors, Katrinka McCallum and Juan Benitez, to the company's Board of Directors. Katrinka McCallum most recently served as Vice President of Customer and Product Experience at Red Hat, having held various leadership roles within Red Hat's Products & Technologies organization for more than a decade. Throughout her career, spanning more than two decades in enterprise software, Ms. McCallum has led business units, sales and marketing organizations as well as engineering and operations teams. Ms. McCallum is a member of the board at Rimini St
Technology industry leader to drive innovation and product roadmap for leading real-time payments solution provider ACI Worldwide (NASDAQ:ACIW), a global leader in mission-critical, real-time payments solutions, today announced the appointment of Abe Kuruvilla as chief technology officer. In this role, Kuruvilla will lead ACI's innovation agenda, optimizing the way the company develops and delivers its industry-leading software solutions globally to banks, merchants and billers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231030539904/en/(Photo: Business Wire) "Abe's appointment comes at a pivotal time for the industry and