Paysafe (PSFE) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paysafe in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokerages have issued 12-month price targets for Paysafe's shares. Their PSFE share price forecasts range from $13.70 to $80.00. On average, they anticipate the company's share price to reach $29.62 in the next year. This suggests a possible upside of 214.1% from the stock's current price.
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Paysafe's stock was trading at $13.89 at the start of the year. Since then, PSFE stock has decreased by 32.1% and is now trading at $9.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
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Paysafe Limited (NYSE:PSFE) posted its quarterly earnings results on Tuesday, May, 16th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.46. The business had revenue of $387.80 million for the quarter, compared to the consensus estimate of $377.60 million. Paysafe had a negative net margin of 44.06% and a positive trailing twelve-month return on equity of 15.32%. The company's revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company earned $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 earnings per share 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 many different institutional and retail 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 $9.43.

Paysafe (NYSE:PSFE) has a market capitalization of $573.25 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.