Nayax (NASDAQ:NYAX) Stock Price Target Lowered at Barclays

Nayax (NASDAQ:NYAX) had its price objective reduced by analysts at Barclays from $68.00 to $60.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s target price indicates a potential upside of 15.50% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. UBS Group cut their price objective on shares of Nayax from $70.00 to $66.00 and set a “neutral” rating for the company in a research report on Thursday. Keefe, Bruyette & Woods raised shares of Nayax from a “market perform” rating to an “outperform” rating and set a $75.00 price target for the company in a research note on Friday, August 14th. Jefferies Financial Group initiated coverage on shares of Nayax in a report on Wednesday, October 7th. They set a “buy” rating and a $68.30 price target for the company. Finally, Weiss Ratings lowered shares of Nayax from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $71.06.

Nayax Price Performance

Shares of NYAX stock traded down $1.05 during trading hours on Thursday, reaching $51.95. The company had a trading volume of 20,192 shares, compared to its average volume of 21,221. Nayax has a 12-month low of $39.17 and a 12-month high of $76.86. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 248.49 and a beta of 0.46. The stock has a fifty day moving average of $47.43 and a 200-day moving average of $58.08. 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) last posted its quarterly earnings results on Wednesday, November 11th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.15 by $0.19. The business had revenue of $128.04 million for the quarter, compared to analyst estimates of $134.35 million. Nayax had a return on equity of 10.45% and a net margin of 1.74%. On average, equities analysts anticipate that Nayax will post 0.75 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider David Ben-Avi bought 1,554 shares of the stock in a transaction on Tuesday, September 22nd. The stock was bought at an average price of $43.18 per share, with a total value of $67,101.72. Following the completion of the purchase, the insider directly owned 6,591,702 shares in the company, valued at $284,629,692.36. This represents a 0.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Gal Omer sold 1,500 shares of Nayax 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 sale, the insider owned 18,539 shares of the company’s stock, valued at approximately $837,406.63. This represents a 7.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio acquired a new position in Nayax during the second quarter worth $239,000. Bank of America Corp DE boosted its position 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 during the period. Tidal Investments LLC acquired a new stake in shares of Nayax in the second quarter valued at $650,000. Finally, Altshuler Shaham Ltd grew its stake 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 in the last quarter. Hedge funds and other institutional investors own 34.87% of the company’s stock.

More Nayax News

Investors following NYAX have been watching these news items:

• 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

About Nayax

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.