PAR Technology Shares Soar 2.41% on Bullish Analyst Ratings

PAR Technology (PAR) shares surged 2.41% today, marking the fifth consecutive day of gains, with a 10.78% increase over the past five days. The stock price reached its highest level since March 2025, with an intraday gain of 4.26%.

The strategy of buying PAR shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.5% annualized return and a 37.5% overall return. However, the strategy underperformed the market, as evidenced by the 9.5% annualized return and 48.5% overall return of the S&P 500 index over the same period. The Sharpe ratio was 0.6, indicating a reasonable risk-adjusted return. The strategy's beta was 1.2, suggesting slightly higher volatility compared to the market. Overall, while the strategy provided positive returns, it was outperformed by the broader market and had moderate risk-adjusted returns.

Analysts have been bullish on PAR Technology, with Jefferies analyst Samad Samana maintaining a Buy rating on May 9, 2025. Samana highlighted the company's resilience in achieving in-line annual recurring revenue growth despite foreign exchange challenges. Additionally, positive developments in the Burger King rollout and strategic growth initiatives have contributed to the positive outlook. The company's strong execution in securing new deals with Tier 1 brands and focus on operational efficiency further support the Buy rating.

On May 12, 2025, Needham analyst Mayank Tandon reiterated a Buy rating, expressing confidence in PAR Technology's stock performance. This reiteration underscores the company's growth potential, strategic diversification, and operational strengths, which have positively influenced analyst ratings and potentially impacted the stock price.