Top Wall Street Forecasters Revamp Paymentus Price Expectations Ahead Of Q4 Earnings

Paymentus Holdings, Inc. PAY will release its fourth-quarter financial results, after the closing bell, on Monday, March 10.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 12 cents per share, up from 9 cents per share in the year-ago period. Paymentus projects quarterly revenue of $222.06 million, compared to $164.8 million a year earlier, according to data from Benzinga Pro.

On Nov. 12, 2024, Paymentus reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.

Paymentus shares fell 0.2% to close at $25.95 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Wells Fargo analyst Andrew Bauch maintained an Equal-Weight rating and increased the price target from $27 to $33 on Jan. 16, 2025. This analyst has an accuracy rate of 60%.
Baird analyst David Koning maintained an Outperform rating and boosted the price target from $25 to $36 on Nov. 13, 2024. This analyst has an accuracy rate of 76%.
JP Morgan analyst Tien-Tsin Huang maintained a Neutral rating and increased the price target from $21 to $26 on Aug. 20, 2024. This analyst has an accuracy rate of 66%.

Considering buying PAY stock? Here’s what analysts think: