Top Wall Street Forecasters Revamp Paymentus Price Expectations Ahead Of Q4 Earnings
The expected earnings increase and revenue growth suggest positive sentiment toward PAY. Strong price target increases from analysts reinforce bullish outlook.
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The expected earnings increase and revenue growth suggest positive sentiment toward PAY. Strong price target increases from analysts reinforce bullish outlook.
What happened, with direct paths to the underlying reporting
PAY to release Q4 results on March 10, earnings expected at 12 cents. Projected Q4 revenue is $222.06 million, up from $164.8 million last year. Wells Fargo raised PAY price target to $33; Baird to $36. Recent stock price closed at $25.95, dropped 0.2% on Thursday. Analysts maintain mostly positive ratings with several increased price targets.
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