Intel stock extends gains after report of possible U.S. government stake
Investing.com - DA Davidson has lowered its price target on Repay (NASDAQ:RPAY) to $10.00 from $12.00 while maintaining a Buy rating on the payment processing company’s stock. According to InvestingPro data, analysts’ targets for RPAY range from $4.50 to $12.00, with the stock currently appearing undervalued based on Fair Value analysis.
The price target reduction follows Repay’s second-quarter results, which showed revenue and adjusted EBITDA exceeding DA Davidson’s forecasts. The company reported revenue of $310.37 million and maintains a healthy gross profit margin of 76.4%.
With the second-quarter 2025 results, Repay management affirmed the limited 2025 guidance commentary they had previously provided with first-quarter results.
Following the company update, DA Davidson has fine-tuned its forecasts, modestly raising its 2025 and 2026 revenue forecasts by an average of 2% each.
The research firm reported making only modest changes to its adjusted EBITDA forecasts for the payment technology provider.
In other recent news, Repay Holdings Corp reported its second-quarter 2025 earnings, which showed a notable miss on earnings per share (EPS) expectations. The actual EPS was -$1.15, falling short of the forecasted $0.20. However, the company’s revenue slightly exceeded expectations, reaching $75.62 million compared to the anticipated $73.57 million. DA Davidson maintained its Buy rating on Repay, keeping the price target at $12.00 following the company’s second-quarter performance. This decision was based on the company’s revenue and adjusted EBITDA surpassing the research firm’s forecasts. These developments reflect the latest financial activities and analyst perspectives on Repay Holdings.
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