Gold prices dip as December rate cut bets wane; economic data in focus
Investing.com - DA Davidson has reiterated its Buy rating and $9.00 price target on Paysign Inc. (NASDAQ:PAYS) following the company’s strong third-quarter results.
Paysign reported 42% year-over-year revenue growth and 78% year-over-year growth in adjusted EBITDA for the third quarter, exceeding the firm’s forecasts by 7% and 10%, respectively.
Following these results, Paysign management raised the midpoints of their previous guidance ranges, increasing total revenue guidance by 5% and adjusted EBITDA guidance by 3%.
DA Davidson maintained its Buy rating on the payment solutions provider, keeping its $9 price target unchanged despite the positive quarterly performance.
The firm’s analysis focused solely on Paysign’s financial performance and management’s updated guidance, with no changes to its existing investment recommendation.
In other recent news, Paysign Inc. reported strong financial results for the third quarter of 2025. The company achieved earnings per share of $0.04, exceeding the forecasted $0.03 by 33.33%. Revenue reached $21.6 million, surpassing the expected $19.92 million, representing an 8.43% surprise. These results highlight Paysign’s ability to outperform market expectations. Additionally, Paysign’s stock experienced a notable rise following the announcement of these results. Investors may find these developments encouraging as they reflect the company’s robust financial performance. The positive earnings report could also attract attention from analysts and investors alike. These recent developments underscore Paysign’s strong position in the market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.