B. Riley cuts target to USD 8.05 for Priority Technology stock

Published on 10/17/2026 at 18:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

2026 revenue guidance is USD 1.01-1.04 billion. Priority Technology stock last traded at USD 7.82 on October 16, 2026, in Nasdaq trading.

Analyst target and guidance

B. Riley cut its Priority Technology target to USD 8.05 on October 2, 2026.
Priority maintained 2026 revenue guidance of USD 1.01 billion to USD 1.04 billion.
Priority Technology stock was last at USD 7.82 on October 16, 2026 at 4:00 p.m. ET.
Priority Technology had a P/E ratio of 11.50 and a market capitalization of USD 644.9 million as of October 16, 2026.

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B. Riley downgraded Priority Technology from Buy to Neutral on October 2, 2026, and cut its price target from USD 11.00 to USD 8.05, according to Markets Insider. The target stood 2.94 percent above Priority's last USD 7.82 price on October 16, 2026.

Guidance stays above USD 1 billion

Priority maintained full-year 2026 revenue guidance of USD 1.01 billion to USD 1.04 billion and expected to reach the higher end of that range, Benzinga reported from the second-quarter earnings call dated October 9, 2026. Management also maintained adjusted gross profit guidance of USD 405 million to USD 425 million and adjusted EBITDA guidance of USD 230 million to USD 245 million.

Stock near the yearly high

Priority Technology's last USD 7.82 quote on October 16, 2026 at 4:00 p.m. ET stood 0.64 percent below the one-year high of USD 7.87. The one-year low was USD 4.44, while the same quote carried a P/E ratio of 11.50 and a market capitalization of USD 644.9 million.

The valuation sits against a business that generated second-quarter 2026 revenue of USD 262.26 million, up 9.40 percent from the year-earlier quarter. The figure exceeded the USD 257.81 million consensus estimate, while adjusted earnings per share reached USD 0.29 against a USD 0.26 estimate, according to MarketBeat.

Comparison with peers

Priority Technology (Nasdaq, USD): P/E 11.50, market capitalization USD 644.9 million

Fidelity National Information Services (NYSE, USD): minus 0.33 percent, P/E 5.51, market capitalization USD 18.6 billion

Global Payments (NYSE, USD): minus 0.59 percent, P/E minus 21.51, market capitalization USD 22.1 billion

Price stays close to the offer level

Priority Technology's last quote of USD 7.82 on October 16, 2026 at 4:00 p.m. ET remained below the USD 8.05 transaction price cited in the October 2, 2026 analyst note. The next investor focus is the balance between revenue growth and the margin pressure described in the second-quarter call.