Stephens Issues Pessimistic Forecast for PAR Technology (NYSE:PAR) Stock Price

PAR Technology (NYSE:PAR) had its price objective reduced by investment analysts at Stephens from $60.00 to $45.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the software maker’s stock. Stephens’ target price indicates a potential upside of 178.00% from the company’s previous close.

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

PAR Technology Trading Down 27.9%

Shares of NYSE:PAR traded down $6.27 during trading on Friday, hitting $16.19. 2,366,695 shares of the company’s stock were exchanged, compared to its average volume of 1,253,622. The company has a current ratio of 1.70, a quick ratio of 1.51 and a debt-to-equity ratio of 0.45. The firm 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 50-day moving average price of $30.07 and a two-hundred day moving average price of $36.78. PAR Technology has a 1-year low of $16.00 and a 1-year high of $72.15.

Insider Activity at PAR Technology

In related news, major shareholder Voss Capital, Lp acquired 146,789 shares of the stock in a transaction dated Tuesday, December 30th. The stock was bought at an average price of $36.51 per share, with a total value of $5,359,266.39. Following the completion of the transaction, the insider directly owned 3,564,652 shares of the company’s stock, valued at approximately $130,145,444.52. The trade was a 4.29% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bryan A. Menar sold 6,500 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $35.53, for a total transaction of $230,945.00. Following the completion of the sale, the chief financial officer directly owned 71,481 shares in the company, valued at $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 bought 196,035 shares of company stock valued at $7,103,730 in the last quarter. Corporate insiders own 3.70% of the company’s stock.

Hedge Funds Weigh In On PAR Technology

Institutional investors have recently added to or reduced their stakes in the company. Stephens Investment Management Group LLC grew its holdings in PAR Technology by 54.4% during the third quarter. Stephens Investment Management Group LLC now owns 158,959 shares of the software maker’s stock worth $6,292,000 after purchasing an additional 56,036 shares during the period. Geode Capital Management LLC boosted its stake in shares of PAR Technology by 13.2% during the 2nd quarter. Geode Capital Management LLC now owns 942,503 shares of the software maker’s stock worth $65,389,000 after acquiring an additional 110,160 shares during the period. Invesco Ltd. increased its holdings in shares of PAR Technology by 24.1% during the 2nd quarter. Invesco Ltd. now owns 1,877,239 shares of the software maker’s stock worth $130,224,000 after acquiring an additional 364,892 shares during the last quarter. Bamco Inc. NY boosted its position in PAR Technology by 8.5% during the second quarter. Bamco Inc. NY now owns 1,751,387 shares of the software maker’s stock worth $121,494,000 after purchasing an additional 137,434 shares during the period. Finally, AXA S.A. raised its position in shares of PAR Technology by 360.1% in the second quarter. AXA S.A. now owns 298,985 shares of the software maker’s stock valued at $20,741,000 after purchasing an additional 234,009 shares during the period.

PAR Technology News Summary

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)

About PAR Technology

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.