Paysafe (PSFE) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paysafe in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PSFE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSFE, but not buy additional shares or sell existing shares.
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5 equities research analysts have issued 12 month price objectives for Paysafe's shares. Their PSFE share price forecasts range from $13.70 to $80.00. On average, they expect the company's share price to reach $29.62 in the next twelve months. This suggests a possible upside of 203.8% from the stock's current price.
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Paysafe's stock was trading at $13.89 at the beginning of the year. Since then, PSFE stock has decreased by 29.8% and is now trading at $9.75.
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Paysafe saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,620,000 shares, an increase of 19.1% from the March 31st total of 1,360,000 shares. Based on an average trading volume of 358,500 shares, the short-interest ratio is presently 4.5 days. Currently, 6.1% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our PSFE earnings forecast.

Paysafe Limited (NYSE:PSFE) issued its quarterly earnings data on Tuesday, May, 16th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.46. The firm earned $387.80 million during the quarter, compared to analysts' expectations of $377.60 million. Paysafe had a positive trailing twelve-month return on equity of 15.32% and a negative net margin of 44.06%. The firm's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS.

ETFs with the largest weight of Paysafe (NYSE:PSFE) stock in their portfolio include Gabelli Financial Services Opportunities ETF (GABF), ETFMG Prime Mobile Payments ETF (IPAY), Global X FinTech Thematic ETF (FINX), Principal Millennial Global Growth ETF (GENY),

Paysafe shares reverse split on Tuesday, December 13th 2022. The 1-12 reverse split was announced on Tuesday, December 13th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, December 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Paysafe updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.58 billion-$1.60 billion, compared to the consensus revenue estimate of $1.59 billion.

Paysafe trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSFE."

Paysafe's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.81%), Dimensional Fund Advisors LP (1.24%), State Street Corp (1.08%), Renaissance Technologies LLC (0.86%), Charles Schwab Investment Management Inc. (0.67%) and Great Lakes Advisors LLC (0.54%).

Shares of PSFE 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 PSFE stock can currently be purchased for approximately $9.75.

Paysafe (NYSE:PSFE) has a market capitalization of $592.70 million and generates $1.50 billion in revenue each year. The company earns $-1,862,660,000.00 in net income (profit) each year or ($11.0640) on an earnings per share basis.

The company employs 3,300 workers across the globe.

Paysafe's mailing address is 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV, 89134. The official website for the company is www.foleytrasimene2.com. The company can be reached via phone at 44-20-7608-8460 or via email at investorrelations@paysafe.com.