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

Shares of Paymentus Holdings, Inc. (NYSE:PAY) traded down 9.3% during trading on Tuesday. The stock traded as low as $30.24 and last traded at $31.7790. Approximately 125,761 shares were traded during trading, a decline of 86% from the average session volume of 903,095 shares. The stock had previously closed at $35.05.

More 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

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Seaport Research Partners started coverage on Paymentus in a research report on Thursday, September 17th. They issued a “buy” rating and a $42.00 target price on the stock. Wolfe Research cut Paymentus from an “outperform” rating to a “peer perform” rating in a report on Tuesday, August 25th. Robert W. Baird raised their price objective on 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 boosted their price objective 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, Wall Street Zen cut shares of Paymentus from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $38.86.

Paymentus Trading Down 10.3%

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

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

Insider Activity at Paymentus

In other news, CFO Sanjay Kalra sold 2,909 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $40.25, for a total value of $117,087.25. Following the sale, the chief financial officer directly owned 505,597 shares in the company, valued at approximately $20,350,279.25. This trade represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 55.75% of the company’s stock.

Hedge Funds Weigh In On Paymentus

A number of institutional investors and hedge funds have recently modified their holdings of the company. Signaturefd LLC raised its stake in 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 buying an additional 547 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Paymentus by 71.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,435 shares of the business services provider’s stock worth $44,000 after buying an additional 600 shares during the last quarter. The Manufacturers Life Insurance Company lifted 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 last quarter. LVZ Inc. grew its position in shares of 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 buying an additional 713 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Paymentus by 3.5% during the first quarter. Bank of New York Mellon Corp now owns 43,292 shares of the business services provider’s stock worth $1,100,000 after purchasing an additional 1,468 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

About Paymentus

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.