PaySign, Inc. (PAYS) AI Stock Analysis

PaySign, Inc. specializes in prepaid card products and transaction processing services under its proprietary PaySign brand. Its platform provides transaction processing, cardholder enrollment, value loading, account management, reporting, and customer service. The company designs customized prepaid programs for corporate incentives and rewards, consumer rebates, donor compensation, healthcare reimbursement, and pharmaceutical payment assistance. It also provides payroll cards, general purpose reloadable cards, gift cards, and Per Diem and Corporate Expense Payments solutions. Additionally, PaySign offers payment claims processing, medical claims administration, pharmacy vouchers, and copay programs across the United States and Mexico.

Revenue increased at a five-year compound annual growth rate of 27.7% from FY2020 to FY2025. Annual revenue rose from $29.5M in FY2021 to $58.4M in FY2024, reaching $82.0M in FY2025 on 40.5% annual growth. Net income shifted from -$2.7M in FY2021 to $7.6M in FY2025, lifting diluted earnings per share from -$0.06 to $0.13. Operating margin improved from -9.3% in FY2021 to 8.8% in FY2025. Over the trailing twelve months, revenue totaled $100.6M with diluted earnings per share of $0.27. In the latest quarter ended June 30, 2026, quarterly revenue increased 48.1% year-over-year, while quarterly earnings grew 450.0%.

As of June 30, 2026, PaySign held $27.4M in cash and short-term investments against $5.7M in total debt, providing a net cash balance of $21.7M. The company reported a debt-to-equity ratio of 0.09, a current ratio of 1.14, and shareholders' equity of $60.2M out of $317.0M in total assets. In FY2025, operating cash flow stood at $52.5M and free cash flow reached $51.2M. Capital expenditures totaled $1.2M and share buybacks were $375,786 in FY2025, while the share count expanded 18.4% over five years.

At a last close of $14.80, PaySign has a market capitalization of $835.6M and an enterprise value of $693.7M. The stock trades at a trailing price-to-earnings multiple of 54.8x and a forward price-to-earnings ratio of 29.6x, compared to the median of its US-listed Technology peers of 28.1x and 18.8x, respectively. Its price-to-sales ratio stands at 8.3x versus the peer median of 2.8x, and its enterprise value-to-EBITDA multiple is 25.6x against the peer median of 16.6x. Over the past year, PaySign returned 168.1%, outperforming the S&P 500 (SPY) return of 16.8%.

Covering analysts assign PaySign 3 Strong Buy and 2 Buy ratings, with 0 Hold or Sell ratings. The mean price target of $14.10 represents a 4.7% discount to the last close of $14.80. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $114.7M and earnings per share of $0.49, reflecting 276.9% earnings growth. For the subsequent fiscal year, 2 analysts project revenue of $133.7M and earnings per share of $0.61. PaySign exceeded earnings per share estimates in 1 of the last 4 quarters, and its next earnings date is November 9, 2026.

This page is an AI-written research summary of PaySign, Inc. (PAYS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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