Barclays Issues Pessimistic Forecast for Nayax (NASDAQ:NYAX) Stock Price

Key Points

• Barclays cut Nayax’s price target from $68 to $60 and maintained an “equal weight” rating; the new target implies 15.5% upside from the share price cited in the report.
• Analyst views remain mixed, but MarketBeat gives Nayax an overall “Moderate Buy” rating with an average price target of $71.06.
• Nayax’s quarterly EPS of $0.34 beat the $0.15 estimate, while revenue of $128.04 million fell short of the $134.35 million forecast. Its full-year revenue guidance was also below analyst consensus.

Nayax (NASDAQ:NYAX - Get Free Report) had its target price reduced by analysts at Barclays from $68.00 to $60.00 in a research report issued on Thursday, Benzinga reports. The firm presently has an "equal weight" rating on the stock. Barclays's price objective would indicate a potential upside of 15.50% from the company's current price.

A number of other research firms have also recently commented on NYAX. UBS Group dropped their target price on Nayax from $70.00 to $66.00 and set a "neutral" rating on the stock in a research report on Thursday. Keefe, Bruyette & Woods upgraded Nayax from a "market perform" rating to an "outperform" rating and set a $75.00 price target on the stock in a research report on Friday, August 14th. Jefferies Financial Group started coverage on Nayax in a report on Wednesday, October 7th. They issued a "buy" rating and a $68.30 price objective on the stock. Finally, Weiss Ratings cut Nayax from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Nayax currently has an average rating of "Moderate Buy" and an average target price of $71.06.

Nayax Stock Performance

NASDAQ NYAX traded down $1.05 during mid-day trading on Thursday, reaching $51.95. 20,192 shares of the stock were exchanged, compared to its average volume of 21,221. The business's 50 day moving average is $47.43 and its 200-day moving average is $58.08. Nayax has a 1 year low of $39.17 and a 1 year high of $76.86. The company has a market capitalization of $1.90 billion, a P/E ratio of 248.49 and a beta of 0.46. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.03 and a current ratio of 2.12.

Nayax (NASDAQ:NYAX - Get Free Report) last released its quarterly earnings data on Wednesday, November 11th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.19. The company had revenue of $128.04 million during the quarter, compared to analysts' expectations of $134.35 million. Nayax had a net margin of 1.74% and a return on equity of 10.45%. On average, equities research analysts forecast that Nayax will post 0.75 EPS for the current fiscal year.

Insider Transactions at Nayax

In related news, insider Gal Omer sold 1,500 shares of the company's stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $45.17, for a total transaction of $67,755.00. Following the completion of the transaction, the insider owned 18,539 shares in the company, valued at $837,406.63. This represents a 7.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Ben-Avi purchased 700 shares of the firm's stock in a transaction that occurred on Wednesday, September 23rd. The stock was bought at an average cost of $43.07 per share, for a total transaction of $30,149.00. Following the completion of the purchase, the insider directly owned 6,592,402 shares in the company, valued at $283,934,754.14. This represents a 0.01% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders purchased 198,962 shares of company stock valued at $8,972,432 and sold 3,141 shares valued at $145,536.

Institutional Trading of Nayax

Several large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio purchased a new position in Nayax in the 2nd quarter valued at $239,000. Bank of America Corp DE grew its holdings in shares of Nayax by 1,607.2% during the first quarter. Bank of America Corp DE now owns 9,270 shares of the company's stock worth $519,000 after buying an additional 8,727 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Nayax in the second quarter valued at about $650,000. Finally, Altshuler Shaham Ltd raised its position in shares of Nayax by 5.0% in the first quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company's stock valued at $2,026,000 after buying an additional 1,731 shares during the last quarter. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Nayax

These are some of the NYAX headlines that stood out recently:

• Positive Sentiment: Third-quarter adjusted EPS was $0.34, more than double the $0.15 consensus and up from $0.09 a year earlier. Revenue grew 23% to $128 million, while adjusted net income reached $14.1 million, adjusted EBITDA was $24.2 million with a 19% margin, and free cash flow totaled $10 million. Nayax reports third-quarter results
• Neutral Sentiment: Nayax reaffirmed its full-year 2026 guidance, including the IPS Group acquisition. The company’s $510 million–$520 million revenue range is below the $536.5 million analyst consensus, however. Nayax reports third-quarter results
• Negative Sentiment: Quarterly revenue of $128.04 million missed the $134.35 million estimate, and the company reported a $1.1 million net loss on a GAAP basis. UBS Group also cut its price target from $70 to $66 and kept a neutral rating, though its new target still implies potential upside from the then-current share price. UBS Group recommendations

Nayax Company Profile

Nayax Ltd. is a financial technology and commerce platform company focused on unattended and self-service retail. Its offerings combine cashless payment processing with business management and consumer-engagement tools. The company provides payment devices and software that support cashless transactions, remote monitoring, sales reporting and loyalty programs. Its solutions serve operators in markets such as vending, self-service laundries, micro markets and other unattended retail settings. Founded in 2005 and headquartered in Israel, Nayax serves merchants and operators in markets around the world.

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