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Benzinga
165 days

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

1. PAY to release Q4 results on March 10, earnings expected at 12 cents. 2. Projected Q4 revenue is $222.06 million, up from $164.8 million last year. 3. Wells Fargo raised PAY price target to $33; Baird to $36. 4. Recent stock price closed at $25.95, dropped 0.2% on Thursday. 5. Analysts maintain mostly positive ratings with several increased price targets.

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FAQ

Why Bullish?

The expected earnings increase and revenue growth suggest positive sentiment toward PAY. Strong price target increases from analysts reinforce bullish outlook.

How important is it?

The article focuses on upcoming earnings, projected growth, and analyst ratings, directly influencing investor decisions. The information is timely and fundamental to PAY’s stock price movements.

Why Short Term?

Upcoming Q4 results will have immediate market impact based on earnings performance. Historical trends show immediate reactions to financial reports can influence stock prices significantly.

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