Long Cast Advisers Updates on CoreCard Corporation's All-Stock Deal with Euronet Worldwide

Long Cast Advisers highlighted CoreCard Corporation (NYSE:CCRD) in its second-quarter 2025 investor letter, citing its intention to sell itself to Euronet Worldwide in an all-stock deal valued at $30/share. The firm's returns were enhanced by doubling the position size when the stock declined in late '23 and early '24. CoreCard Corporation (NYSE:CCRD) shares gained 90.62% over the last 52 weeks and closed at $27.03 per share on September 02, 2025, with a market capitalization of $210.628 million.

CoreCard Corporation (CCRD) has experienced a significant surge in its stock price over the past year, with shares gaining 90.62% over the last 52 weeks and closing at $27.03 per share on September 2, 2025. The stock's performance has been bolstered by several factors, including bullish technical indicators and rumors of an acquisition by Euronet Worldwide.

A recent analysis of CoreCard's 15-minute chart revealed a KDJ Golden Cross, a bullish signal that indicates a potential reversal in the stock price [1]. This crossover was accompanied by a bullish Marubozu pattern, which further suggests that buyers are in control and that the stock price is likely to continue rising. The dominance of buyers in the market, as indicated by the bullish Marubozu pattern, is a strong indication of bullish momentum that is likely to persist.

In addition to these technical indicators, CoreCard's financial performance has been robust. The company reported strong Q2 2025 financial results, with total revenues of $17.6 million, up from $13.8 million in Q2 2024. Key financial metrics include operating income of $2.7 million (up from $1.1 million), net income of $2.0 million (up from $0.9 million), and earnings per diluted share of $0.24 (up from $0.11). The company's adjusted EBITDA reached $4.2 million, compared to $2.5 million in the prior year quarter [2].

Rumors of an acquisition by Euronet Worldwide, valued at $30 per share, could potentially boost future prospects for CoreCard. This acquisition is expected to be completed by late 2025, subject to shareholder approval and regulatory conditions [3]. The acquisition could provide a stable financial foundation for CoreCard and enable the company to scale its digital payments business.

In conclusion, CoreCard's recent performance, including bullish technical indicators and rumors of an acquisition, suggests a positive outlook for the stock. Investors should continue to monitor CoreCard's progress and consider both technical and fundamental factors in their investment decisions.

References:
[1] https://www.ainvest.com/news/corecard-15min-chart-triggers-kdj-golden-cross-bullish-marubozu-formation-2508-48/
[2] https://www.stocktitan.net/news/CCRD/
[3] https://www.fintechfutures.com/m-a/euronet-acquires-corecard