Goldman Sachs keeps USD 40.00 target for Paymentus stock
Published on 10/16/2026 at 03:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst stance meets operating growth
- Goldman Sachs maintained its Hold rating and set a USD 40.00 target on October 13, 2026.
- Second-quarter revenue reached USD 360.74 million, up 28.80 percent year over year.
- Paymentus is scheduled to report third-quarter results on November 2, 2026.
Paymentus Holdings (ISIN US70439P1084) carries a USD 40.00 price target from Goldman Sachs, which maintained its Hold rating on October 13, 2026, according to Markets Insider. The analyst action follows a second quarter in which revenue rose 28.80 percent year over year to USD 360.74 million.
Goldman keeps a cautious rating
Goldman Sachs analyst Will Nance maintained the Hold assessment and set the USD 40.00 target in the October 13, 2026 report. The target is above the latest reported NYSE price of USD 32.13, while the company continues to post double-digit revenue growth.
What does growth mean for margins?
Paymentus generated USD 25.56 million in net profit during the second quarter of 2026, compared with USD 14.71 million in the year-earlier quarter, Markets Insider reported. The combination of higher revenue and profit gives investors a concrete operating measure alongside the unchanged rating.
Three dated milestones
On August 3, 2026, Paymentus reported second-quarter revenue of USD 360.74 million, according to Paymentus. On September 29, 2026, the company announced that it had achieved Premier Level in the Guidewire PartnerConnect Program, according to Paymentus. On October 13, 2026, Goldman Sachs maintained its Hold rating and set a USD 40.00 target, as Markets Insider reported.
Next reporting date
Paymentus is scheduled to report third-quarter 2026 results on November 2, 2026, after the market closes, with a conference call scheduled for 5:00 p.m. ET, according to MarketBeat. That date gives the USD 40.00 target its next scheduled fundamental checkpoint.
Stock context before the next report
Paymentus was last quoted at USD 32.13 on the NYSE on October 15, 2026, at 4:00 p.m. ET. The stock's 52-week range was USD 20.11 to USD 45.31, and its market capitalization was USD 4.0 billion on the same date.
Paymentus Holdings stock facts
- Company: Paymentus Holdings, Inc.
- ISIN: US70439P1084
- Ticker: PAY
- Primary exchange: NYSE
- Market capitalization: USD 4.0 billion (as of October 15, 2026)
- 52-week range: USD 20.11-45.31 (as of October 15, 2026)
- Sector / Industry: Financial services / cloud-based bill payment technology
Market context: Market report S&P 500.
