Paymentus (NYSE:PAY) Sets New 12-Month Low – What’s Next?

Posted by Stanley Muller on Jun 24th, 2026

Shares of Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $20.27 and last traded at $20.33, with a volume of 118559 shares. The stock had previously closed at $21.07.

Analysts Set New Price Targets

A number of brokerages have recently commented on PAY. The Goldman Sachs Group cut their price objective on shares of Paymentus from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 24th. Wedbush raised their target price 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. Weiss Ratings lowered shares of Paymentus from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Robert W. Baird boosted their price target on shares of Paymentus from $30.00 to $34.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $36.00 price objective on shares of Paymentus in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $35.20.

Get Our Latest Stock Report on PAY

Paymentus Trading Up 2.0%

The firm’s 50 day moving average price is $24.41 and its two-hundred day moving average price is $26.43. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 36.56 and a beta of 1.33.

Paymentus (NYSE:PAY – Get Free Report) last issued its earnings results on Monday, May 4th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The business had revenue of $358.44 million during the quarter, compared to the consensus estimate of $335.45 million. Paymentus had a net margin of 5.78% and a return on equity of 13.75%. Paymentus’s revenue was up 30.2% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. As a group, equities research analysts predict that Paymentus Holdings, Inc. will post 0.65 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. lifted its stake in Paymentus by 0.7% in the 2nd quarter. Raymond James Financial Inc. now owns 55,991 shares of the business services provider’s stock valued at $1,834,000 after purchasing an additional 413 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in Paymentus by 7.2% in the 1st quarter. The Manufacturers Life Insurance Company now owns 9,943 shares of the business services provider’s stock valued at $253,000 after buying an additional 665 shares during the last quarter. Hamilton Lane Advisors LLC boosted its position in Paymentus by 7.8% during the 4th quarter. Hamilton Lane Advisors LLC now owns 9,303 shares of the business services provider’s stock worth $294,000 after buying an additional 676 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Paymentus by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,295 shares of the business services provider’s stock worth $425,000 after acquiring an additional 683 shares during the last quarter. Finally, LVZ Inc. increased its position in Paymentus by 5.5% in the 1st quarter. LVZ Inc. now owns 13,760 shares of the business services provider’s stock valued at $350,000 after acquiring an additional 713 shares during the period. Institutional investors and hedge funds own 78.38% of the company’s stock.

About Paymentus

(Get Free Report)

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.