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Paymentus (PAY) Stock Forecast & Price Target

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$32.02 -0.53 (-1.63%)
(As of 10:30 AM ET)

Paymentus - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
2

Based on 8 Wall Street analysts who have issued ratings for Paymentus in the last 12 months, the stock has a consensus rating of "Hold." Out of the 8 analysts, 6 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for PAY.

Consensus Price Target

$28.80
-10.06% Downside
According to the 8 analysts' twelve-month price targets for Paymentus, the average price target is $28.80. The highest price target for PAY is $36.00, while the lowest price target for PAY is $22.00. The average price target represents a forecasted downside of -10.06% from the current price of $32.02.
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PAY Analyst Ratings Over Time

TypeCurrent Forecast
11/16/23 to 11/15/24
1 Month Ago
10/17/23 to 10/16/24
3 Months Ago
8/18/23 to 8/17/24
1 Year Ago
11/16/22 to 11/16/23
Strong Buy
1 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$28.80$20.31$19.31$14.78
Forecasted Upside-10.06% Downside-20.50% Downside-18.31% Downside-10.92% Downside
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Hold

PAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Paymentus Stock vs. The Competition

TypePaymentusComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.38
2.67
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-17.36% Downside564.68% Upside8.88% Upside
News Sentiment Rating
Positive News

See Recent PAY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$23.50 ➝ $33.00+2.87%
11/13/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$21.00 ➝ $27.00-26.23%
11/13/2024Robert W. Baird
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$25.00 ➝ $36.00+35.01%
11/11/2024Canaccord Genuity Group
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J. Vafi
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DowngradeStrong-Buy ➝ Hold
8/20/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$21.00 ➝ $26.00+12.90%
7/10/2024Baird R W
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D. Koning
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UpgradeHold ➝ Strong-Buy
5/7/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$20.00 ➝ $22.00+18.98%
3/14/2024Raymond James
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 DowngradeOutperform ➝ Market Perform
11/7/2023Wedbush
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 Boost TargetNeutral ➝ Neutral$11.00 ➝ $16.00+6.03%
4/20/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:51 AM ET.


PAY Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Paymentus is $28.80, with a high forecast of $36.00 and a low forecast of $22.00.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paymentus in the last year. There are currently 6 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PAY, but not buy additional shares or sell existing shares.

According to analysts, Paymentus's stock has a predicted downside of -10.06% based on their 12-month stock forecasts.

Over the previous 90 days, Paymentus's stock had 1 downgrade by analysts.

Paymentus has been rated by research analysts at Canaccord Genuity Group, JPMorgan Chase & Co., Robert W. Baird, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Analysts like Paymentus less than other "computer and technology" companies. The consensus rating for Paymentus is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how PAY compares to other companies.


This page (NYSE:PAY) was last updated on 11/15/2024 by MarketBeat.com Staff
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