Paymentus (NYSE:PAY) Stock Price Down 9.3% – Here’s Why

Posted by Brenda Bartman on Nov 3rd, 2026

Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report)’s stock price was down 9.3% during mid-day trading on Tuesday. The stock traded as low as $30.24 and last traded at $31.7790. Approximately 125,761 shares traded hands during trading, a decline of 86% from the average session volume of 903,095 shares. The stock had previously closed at $35.05.

Key Paymentus News

Here are the key news stories impacting Paymentus this week:

Positive Sentiment: Paymentus reported third-quarter revenue of $372.2 million, up 19.8% year over year, while adjusted EBITDA increased 38.6% to $49.7 million. Earnings of $0.25 per share also exceeded consensus estimates of approximately $0.21-$0.22. Paymentus Reports Third Quarter 2026 Financial Results
Positive Sentiment: Management maintained a constructive long-term outlook, pointing to approximately $2 billion in potential revenue and backlog opportunities over the next 18 to 24 months. Paymentus Revenue Outlook and Backlog Potential
Positive Sentiment: Paymentus was named a best-in-class billing and payments solution provider in Datos Insights’ 2026 market evaluation, supporting the company’s competitive positioning. Paymentus Named Best-in-Class Provider
Neutral Sentiment: Paymentus issued fourth-quarter revenue guidance of $373 million to $378 million, with a midpoint of $375.5 million, broadly matching the $374.4 million consensus estimate. Full-year 2026 revenue guidance of approximately $1.5 billion also was essentially in line with expectations. Paymentus Q3 2026 Earnings Call Transcript
Negative Sentiment: Although results beat estimates, investors may view the outlook as insufficiently aggressive, particularly given Paymentus’ premium valuation. Commentary highlighting a potential slowdown in growth appears to have outweighed the earnings and EBITDA beats. Paymentus Growth Outlook Analysis

Analyst Ratings Changes

A number of brokerages have recently issued reports on PAY. Weiss Ratings lowered shares of Paymentus from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Freedom Broker raised Paymentus to a “strong-buy” rating in a research report on Tuesday, September 15th. Seaport Research Partners assumed coverage on Paymentus in a research report on Thursday, September 17th. They set a “buy” rating and a $42.00 price target on the stock. Yorkville Ives initiated coverage on Paymentus in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $40.00 price objective for the company. Finally, The Goldman Sachs Group boosted their target price on Paymentus from $32.00 to $40.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $38.86.

Check Out Our Latest Analysis on Paymentus

Paymentus Trading Down 10.3%

The company has a market cap of $3.96 billion, a price-to-earnings ratio of 47.75 and a beta of 1.34. The business has a fifty day moving average of $33.63 and a two-hundred day moving average of $28.84.

Paymentus (NYSE:PAY – Get Free Report) last posted its quarterly earnings data on Monday, November 2nd. The business services provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The business had revenue of $372.18 million during the quarter, compared to analysts’ expectations of $358.87 million. Paymentus had a return on equity of 15.26% and a net margin of 6.24%. The business’s revenue was up 19.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 earnings per share. On average, research analysts forecast that Paymentus Holdings, Inc. will post 0.77 EPS for the current fiscal year.

Insider Activity

In other news, CFO Sanjay Kalra sold 2,909 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $40.25, for a total transaction of $117,087.25. Following the completion of the sale, the chief financial officer owned 505,597 shares of the company’s stock, valued at $20,350,279.25. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 55.75% of the stock is owned by insiders.

Institutional Trading of Paymentus

Several large investors have recently bought and sold shares of PAY. Signaturefd LLC grew its holdings in shares of Paymentus by 50.8% in the third quarter. Signaturefd LLC now owns 1,624 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 547 shares during the period. Nisa Investment Advisors LLC raised its stake in Paymentus by 71.9% during the third quarter. Nisa Investment Advisors LLC now owns 1,435 shares of the business services provider’s stock worth $44,000 after purchasing an additional 600 shares during the period. The Manufacturers Life Insurance Company raised its stake in Paymentus by 7.2% during the first quarter. The Manufacturers Life Insurance Company now owns 9,943 shares of the business services provider’s stock worth $253,000 after purchasing an additional 665 shares during the period. LVZ Inc. raised its stake in Paymentus by 5.5% during the first quarter. LVZ Inc. now owns 13,760 shares of the business services provider’s stock worth $350,000 after purchasing an additional 713 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Paymentus by 3.5% in the 1st quarter. Bank of New York Mellon Corp now owns 43,292 shares of the business services provider’s stock valued at $1,100,000 after purchasing an additional 1,468 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

About Paymentus

(Get Free Report)

Paymentus Holdings, Inc is a technology company that provides cloud-based bill payment and electronic billing solutions. Its platform enables organizations to present bills, collect payments and communicate with customers through digital channels, including web and mobile applications, text messaging, interactive voice response, payment kiosks and customer service representatives.

The company primarily serves billers in industries such as utilities, financial services, government, telecommunications, insurance and other recurring-payment sectors.