Brokerages Set Paymentus Holdings, Inc. (NYSE:PAY) Price Target at $38.67

Posted by Francis Steltz on Aug 31st, 2026

Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) has received an average rating of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $38.6667.

Several research analysts have commented on the company. Weiss Ratings lowered Paymentus from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, August 19th. Wolfe Research downgraded Paymentus from an “outperform” rating to a “peer perform” rating in a report on Tuesday, August 25th. Robert W. Baird raised their target price on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group lifted their target price on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a report on Tuesday, August 4th. Finally, Wedbush upped their price target on shares of Paymentus from $32.00 to $36.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th.

Read Our Latest Analysis on Paymentus

Insider Buying and Selling at Paymentus

In other Paymentus news, Director Gary Trainor sold 80,000 shares of Paymentus stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $40.79, for a total value of $3,263,200.00. Following the transaction, the director directly owned 509,888 shares in the company, valued at approximately $20,798,331.52. The trade was a 13.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Sanjay Kalra sold 25,000 shares of Paymentus stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $41.21, for a total transaction of $1,030,250.00. Following the completion of the transaction, the chief financial officer owned 508,506 shares in the company, valued at approximately $20,955,532.26. This represents a 4.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 147,909 shares of company stock worth $5,735,337 over the last three months. 55.75% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Paymentus

Several institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in Paymentus by 26.8% during the 1st quarter. Royal Bank of Canada now owns 183,144 shares of the business services provider’s stock worth $4,780,000 after acquiring an additional 38,731 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Paymentus by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,295 shares of the business services provider’s stock valued at $425,000 after purchasing an additional 683 shares during the period. Millennium Management LLC increased its holdings in shares of Paymentus by 4.2% in the first quarter. Millennium Management LLC now owns 243,860 shares of the business services provider’s stock valued at $6,365,000 after purchasing an additional 9,890 shares during the period. Goldman Sachs Group Inc. raised its position in Paymentus by 275.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 571,917 shares of the business services provider’s stock worth $14,927,000 after buying an additional 419,736 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in Paymentus by 34.7% during the second quarter. Legal & General Group Plc now owns 25,668 shares of the business services provider’s stock worth $841,000 after purchasing an additional 6,616 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Paymentus Price Performance

Shares of NYSE:PAY opened at $36.08 on Monday. Paymentus has a 12 month low of $20.11 and a 12 month high of $45.31. The firm has a market capitalization of $4.54 billion, a P/E ratio of 54.67 and a beta of 1.28. The company’s fifty day moving average price is $32.56 and its 200 day moving average price is $27.46.

Paymentus (NYSE:PAY – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $360.74 million during the quarter, compared to the consensus estimate of $345.44 million. Paymentus had a net margin of 6.24% and a return on equity of 15.26%. Paymentus’s revenue for the quarter was up 28.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 earnings per share. On average, sell-side analysts anticipate that Paymentus will post 0.77 EPS for the current year.

About Paymentus

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Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions. Its platform enables businesses and government entities to manage the entire payment lifecycle, from electronic bill presentment and real-time payment processing to reconciliation and reporting. Through web portals, mobile applications, interactive voice response (IVR) systems and in-person channels, Paymentus helps clients streamline accounts receivable operations, enhance customer engagement and reduce operational costs.

Founded in 2004 and headquartered in Wilmington, Delaware, Paymentus has built a modular suite of services that can be tailored to the needs of various industries.