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Allpoint Deposit Deal With Knoxville TVA Might Change The Case For Investing In NCR Atleos (NATL)

Simply Wall St · 1d ago
  • In December 2025, NCR Atleos announced that Knoxville TVA Employees Credit Union, a US$5.00 billion-asset institution, will offer its members nationwide cash deposit access through the Allpoint Network, including 3,500 enabled ATMs and 26 branded deposit locations across Tennessee.
  • This move makes Knoxville TVA Employees Credit Union the first in Tennessee to offer Allpoint cash deposits and NCR Atleos the first non-bank ATM operator in the state to accept deposits, underscoring how outsourced networks can extend branchless cash services and brand reach for regional institutions.
  • Next, we’ll examine how becoming Tennessee’s first non-bank ATM deposit operator through this Allpoint expansion could influence NCR Atleos’ investment narrative.

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NCR Atleos Investment Narrative Recap

To own NCR Atleos, you need to believe outsourced ATM and cash networks can remain relevant as banks digitize, while the company converts that role into higher margin, recurring ATM‑as‑a‑Service revenue. The Knoxville TVA Employees Credit Union deposit deal supports the near term hardware and services catalyst by adding branded, deposit‑taking endpoints, but it does not materially alter the key risk that a long run shift away from cash could pressure the installed base.

The Knoxville TVA partnership fits alongside recent client wins such as Kuwait Finance House’s AI powered kiosk deployment, which together illustrate how Atleos is trying to layer software, services, and branding onto its cash infrastructure. For investors watching the hardware refresh cycle and ATM‑as‑a‑Service backlog, each new network use case helps clarify whether the company can offset slower cash growth with deeper wallet share per endpoint.

Yet, against these expansions, the long term risk that accelerating digital and contactless payments chip away at the very cash volumes Atleos depends on is something investors should be aware of...

Read the full narrative on NCR Atleos (it's free!)

NCR Atleos' narrative projects $4.9 billion revenue and $376.6 million earnings by 2028. This requires 4.4% yearly revenue growth and an earnings increase of about $248.6 million from $128.0 million today.

Uncover how NCR Atleos' forecasts yield a $44.67 fair value, a 21% upside to its current price.

Exploring Other Perspectives

NATL Community Fair Values as at Dec 2025
NATL Community Fair Values as at Dec 2025

Four Simply Wall St Community fair value estimates span roughly US$16.90 to US$45.17 per share, underscoring how far apart individual views can be. When you weigh those opinions against the risk that structural declines in cash usage could pressure Atleos’ ATM centric model, it becomes clear why exploring several alternative viewpoints on the stock’s future is essential.

Explore 4 other fair value estimates on NCR Atleos - why the stock might be worth less than half the current price!

Build Your Own NCR Atleos Narrative

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.