Payoneer Global (PAYO) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Payoneer Global in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PAYO shares.
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7 brokerages have issued 12 month target prices for Payoneer Global's stock. Their PAYO share price forecasts range from $7.00 to $10.00. On average, they expect the company's stock price to reach $8.25 in the next year. This suggests a possible upside of 36.4% from the stock's current price.
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Payoneer Global's stock was trading at $5.47 on January 1st, 2023. Since then, PAYO shares have increased by 10.6% and is now trading at $6.05.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
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Payoneer Global Inc. (NASDAQ:PAYO) announced its earnings results on Tuesday, August, 8th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.03 by $0.09. The company had revenue of $206.70 million for the quarter, compared to analysts' expectations of $197.24 million. Payoneer Global had a trailing twelve-month return on equity of 4.36% and a net margin of 2.28%. The firm's quarterly revenue was up 39.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.02) EPS.

ETFs with the largest weight of Payoneer Global (NASDAQ:PAYO) stock in their portfolio include BlackRock Future Financial and Technology ETF (BPAY), ETFMG Prime Mobile Payments ETF (IPAY), Fidelity Crypto Industry and Digital Payments ETF (FDIG), BlueStar Israel Technology ETF (ITEQ), Harbor Corporate Culture Small Cap ETF (HAPS) and Global X FinTech Thematic ETF (FINX).VanEck Israel ETF (ISRA).

Payoneer Global updated its FY 2023 earnings guidance on Wednesday, September, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $822.19 million-$822.19 million, compared to the consensus revenue estimate of $829.46 million.

Payoneer Global trades on the NASDAQ under the ticker symbol "PAYO."

Payoneer Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.43%), State Street Corp (2.30%), Victory Capital Management Inc. (1.63%), Geode Capital Management LLC (1.36%), Ibex Investors LLC (1.12%) and Renaissance Technologies LLC (1.11%). Insiders that own company stock include Arnon Kraft, Avi Zeevi, Itai Perry, Michael G Levine, Robert Kl Clarkson, Scott H Galit and Tsafi Goldman.
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Shares of PAYO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PAYO stock can currently be purchased for approximately $6.05.

Payoneer Global (NASDAQ:PAYO) has a market capitalization of $2.17 billion and generates $627.62 million in revenue each year. The company earns $-11,970,000.00 in net income (profit) each year or $0.03 on an earnings per share basis.

The company employs 2,336 workers across the globe.

Payoneer Global's mailing address is 2929 ARCH STREET STE 1703, PHILADELPHIA PA, 19104. The official website for the company is www.payoneer.com. The company can be reached via phone at 212-600-9272 or via email at investor@payoneer.com.