PAR Technology (NYSE:PAR – Free Report) had its target price lifted by JPMorgan Chase & Co. from $17.00 to $18.00 in a research note released on Friday,Benzinga reports. They currently have a neutral rating on the software maker’s stock.
Several other research firms have also recently issued reports on PAR. Royal Bank Of Canada set a $16.00 price target on PAR Technology in a report on Tuesday, June 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of PAR Technology in a research note on Friday, July 10th. BTIG Research decreased their target price on PAR Technology from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Friday. Jefferies Financial Group set a $18.00 target price on PAR Technology in a research report on Saturday, May 9th. Finally, UBS Group set a $16.00 target price on PAR Technology in a research report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.61.
View Our Latest Analysis on PAR
PAR Technology Stock Performance
PAR Technology (NYSE:PAR – Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The business had revenue of $123.97 million for the quarter, compared to the consensus estimate of $116.88 million. PAR Technology had a negative net margin of 14.52% and a negative return on equity of 1.61%. The business’s revenue for the quarter was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) EPS. Analysts forecast that PAR Technology will post -0.16 earnings per share for the current fiscal year.
Insider Activity at PAR Technology
In related news, insider Cathy A. King sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $15.38, for a total value of $307,600.00. Following the completion of the transaction, the insider owned 122,919 shares of the company’s stock, valued at approximately $1,890,494.22. This trade represents a 13.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Voss Capital, Lp acquired 156,249 shares of the stock in a transaction on Friday, June 12th. The shares were purchased at an average price of $14.85 per share, for a total transaction of $2,320,297.65. Following the completion of the transaction, the insider owned 5,125,000 shares in the company, valued at approximately $76,106,250. This represents a 3.14% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders purchased 1,069,900 shares of company stock valued at $15,568,965. 2.30% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. State of Wyoming acquired a new stake in PAR Technology during the 4th quarter worth about $34,000. Kestra Advisory Services LLC purchased a new stake in shares of PAR Technology in the fourth quarter worth approximately $35,000. Tower Research Capital LLC TRC lifted its position in shares of PAR Technology by 278.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,115 shares of the software maker’s stock worth $216,000 after purchasing an additional 2,291 shares in the last quarter. MidFirst Bank acquired a new stake in shares of PAR Technology during the fourth quarter worth approximately $113,000. Finally, AQR Capital Management LLC purchased a new position in PAR Technology during the first quarter valued at approximately $309,000.
Key Stories Impacting PAR Technology
Here are the key news stories impacting PAR Technology this week:
- Positive Sentiment: Q2 earnings beat expectations: PAR reported adjusted earnings of $0.18 per share, versus the $0.11 consensus estimate and $0.03 a year earlier. Revenue rose 18.7% year over year to $133.41 million, exceeding estimates of $124.66 million. PAR Technology Q2 earnings report
- Positive Sentiment: Full-year outlook topped analyst expectations: PAR projected 2026 revenue of $516 million to $523 million, above the $509.5 million consensus estimate, and forecast adjusted EBITDA of $50 million to $53 million. Management is also targeting 50,000 live PAR Intelligence sites, suggesting continued expansion of its restaurant-technology platform. PAR 2026 revenue and EBITDA outlook
- Positive Sentiment: Near-term revenue guidance was broadly favorable: Third-quarter revenue guidance of $128 million to $132 million brackets the $128.4 million consensus estimate, while the company’s full-year forecast indicates confidence in sustained growth.
- Neutral Sentiment: JPMorgan raised its price target from $17 to $18 but maintained a Neutral rating, implying limited upside from the recently quoted trading level. The target increase reflects improved expectations but does not represent a bullish rating change. JPMorgan price-target update
- Negative Sentiment: PAR remains unprofitable on a reported basis, with a negative net margin and negative return on equity. These losses could temper enthusiasm despite the quarterly earnings beat and stronger outlook.
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.
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