AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Par Technology Upgraded to Buy with $65 PT at BTIG
ByAinvest
Saturday, Aug 16, 2025 9:15 am ET1min read
BTIG upgraded Par Technology to Buy from Neutral with a $65 price target, citing the company's $100M sales pipeline and potential for 15%-plus growth over the next few years. The analyst believes Par is the "premiere" enterprise restaurant tech solution and deserves a premium multiple. Par is competing for three "megadeals" with top-20 restaurant brands, which could push growth to 20%.
Shares of PAR Technology, a leading provider of restaurant technology solutions, surged by 3.6% on July 2, 2025, following a significant upgrade in its analyst rating from BTIG. The brokerage firm revised the rating from 'Neutral' to 'Buy', setting a price target of $65.00 USD [1]. This upgrade comes on the heels of positive sentiments from other analysts, including Needham, which has maintained a 'Buy' rating with a price target of $90.00 USD [1].The upgrade by BTIG is based on the company's robust sales pipeline and potential to secure large enterprise deals. The brokerage estimates that PAR's $100 million sales pipeline, with a historical win rate of 60%, could translate into $60 million in contracts over the next year [3]. Additionally, PAR is competing for three major deals with top global restaurant chains, which could significantly boost growth [3].
Despite missing earnings per share (EPS) estimates, PAR Technology reported a 43.8% year-over-year (YoY) revenue growth for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.14% [2]. The company's quarterly earnings came in at $0.03 per share, which was below the Zacks Consensus Estimate of $0.04 per share but marked an improvement from the previous year's loss of $0.23 per share [2].
The upgrade from BTIG, coupled with the company's strong revenue growth and promising pipeline, indicates a positive outlook for PAR Technology. Investors may want to keep an eye on the company's earnings call for further insights into the sustainability of its recent performance and future growth prospects.
References:
[1] https://www.gurufocus.com/news/3064454/par-technology-par-receives-upgrade-to-buy-from-btig-analyst-par-stock-news
[2] https://www.sharewise.com/us/news_articles/PAR_Technology_PAR_Q2_Earnings_Lag_Estimates_Zacks_20250808_1445
[3] https://www.investing.com/news/stock-market-news/btig-upgrades-par-technology-on-strong-pipeline-and-longterm-growth-potential-4195509
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet