Paymentus Holdings, Inc. (PAY) experienced a sharp pre-market plunge of 7.34% on Tuesday, extending losses from the previous after-hours session.
The decline follows the company's release of its fourth-quarter and full-year 2025 financial results, which included forward-looking revenue guidance for fiscal year 2026 that fell short of analyst expectations. While Paymentus reported strong Q4 performance that beat estimates, its projection of $1.39 billion to $1.41 billion in FY2026 revenue disappointed investors who had anticipated approximately $1.43 billion.
Adding to the negative sentiment, multiple analysts adjusted their price targets downward in response. Wedbush reduced its target to $32 from $40, while JP Morgan cut its target more significantly to $27 from $38, though Wedbush maintained its outperform rating on the stock.
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