Stephens Lowers PAR Technology (NYSE:PAR) Price Target to $45.00

PAR Technology (NYSE:PAR) had its target price reduced by investment analysts at Stephens from $60.00 to $45.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the software maker’s stock. Stephens’ target price suggests a potential upside of 178.00% from the company’s current price.

Several other brokerages have also recently weighed in on PAR. BTIG Research dropped their price objective on shares of PAR Technology from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of PAR Technology in a report on Monday, December 29th. Finally, Needham & Company LLC reduced their price target on PAR Technology from $55.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

PAR Technology Stock Performance

NYSE PAR traded down $6.27 on Friday, reaching $16.19. The stock had a trading volume of 2,366,695 shares, compared to its average volume of 1,253,622. PAR Technology has a 1-year low of $16.00 and a 1-year high of $72.15. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.70 and a quick ratio of 1.51. The company has a market cap of $657.03 million, a P/E ratio of -7.52 and a beta of 1.35. The firm has a fifty day moving average of $30.07 and a two-hundred day moving average of $36.78.

Insider Activity

In related news, major shareholder Voss Capital, Lp purchased 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were bought at an average cost of $34.56 per share, with a total value of $864,000.00. Following the acquisition, the insider owned 3,613,898 shares of the company’s stock, valued at $124,896,314.88. This trade represents a 0.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Bryan A. Menar sold 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $35.53, for a total transaction of $230,945.00. Following the transaction, the chief financial officer owned 71,481 shares of the company’s stock, valued at approximately $2,539,719.93. This represents a 8.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders purchased 196,035 shares of company stock worth $7,103,730 over the last ninety days. 3.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. grew its position in PAR Technology by 3.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,916,459 shares of the software maker’s stock worth $214,650,000 after acquiring an additional 201,782 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of PAR Technology by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 3,304,052 shares of the software maker’s stock valued at $119,871,000 after purchasing an additional 12,250 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of PAR Technology by 17.3% during the third quarter. Capital Research Global Investors now owns 3,237,004 shares of the software maker’s stock worth $128,121,000 after purchasing an additional 476,839 shares during the last quarter. Progeny 3 Inc. increased its stake in shares of PAR Technology by 18.7% in the fourth quarter. Progeny 3 Inc. now owns 2,056,308 shares of the software maker’s stock valued at $74,603,000 after buying an additional 323,990 shares during the period. Finally, Invesco Ltd. raised its holdings in PAR Technology by 24.1% in the 2nd quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock valued at $130,224,000 after buying an additional 364,892 shares during the last quarter.

Key Headlines Impacting PAR Technology

Here are the key news stories impacting PAR Technology this week:

• Positive Sentiment: Revenue and ARR momentum — PAR reported Q4 revenue of $120.1M (up ~14% YoY) and management said the company added “meaningfully more ARR than any moment in our history,” signaling continued subscription/recurring revenue strength. PAR Technology Corporation Announces Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Earnings beat on top line / mixed per-share results — Several reports note revenue came in above consensus and MarketBeat flagged an EPS beat in one summary, supporting the view that sales traction is real even as profitability is uneven. PAR Technology: Q4 results (MarketBeat)
• Neutral Sentiment: Earnings call transcript available — The Q4 2025 earnings call transcript provides management commentary and color on AI strategy and guidance that investors will parse for signs of margin improvement and ARR cadence. PAR Q4 2025 Earnings Call Transcript
• Negative Sentiment: Analysts cut price targets — BTIG trimmed its target from $60 to $45 (still a Buy) and Needham cut its target from $55 to $30 (still a Buy). Lower targets, even with buy ratings, reduce upside expectations and likely weighed on the share price. BTIG price target cut (TickerReport) Analyst coverage (Benzinga)
• Negative Sentiment: Profitability & cash-flow concerns — Third‑party summaries highlight an operating loss (~$18.1M), net loss (~$20.9M), a significant operating cash outflow and lower cash balances year‑over‑year, which increase near-term risk despite revenue growth. Investors often sell on mixed cost/earnings signals even after a top-line beat. PAR Stock Falls on Q4 2025 Earnings (Quiver)
• Negative Sentiment: Market reaction & headlines — Multiple outlets note the stock dropped despite “strong” revenue, reflecting investor focus on margins, cash and revised analyst expectations. PAR delivers strong Q4 but stock drops (MSN)

PAR Technology Company Profile

PAR Technology Corp is a provider of enterprise software and hardware solutions for the hospitality, foodservice and retail industries. The company’s platforms are designed to streamline front- and back-of-house operations, covering point-of-sale (POS) systems, kitchen display and dispatch, inventory and labor management, and reporting tools. PAR’s integrated approach enables operators of full-service restaurants, quick-service chains, bars, hotels, casinos and retail outlets to centralize data and automate workflows across multiple sites.

Key offerings include PAR Brink, a cloud-native POS application that supports touchscreen, mobile and tablet devices; PAR Cloud Services, which delivers software updates, reporting and analytics through a subscription model; and hardware solutions such as payment terminals, handheld devices and self-service kiosks.