Nayax (NASDAQ:NYAX) Earns “Buy” Rating from B. Riley

Nayax (NASDAQ:NYAX)‘s stock had its “buy” rating reissued by investment analysts at B. Riley in a research report issued on Wednesday,Benzinga reports. They presently have a $44.00 price target on the stock, up from their previous price target of $42.00. B. Riley’s price target points to a potential upside of 26.98% from the stock’s previous close. B. Riley also issued estimates for Nayax’s Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.23 EPS, FY2025 earnings at $0.70 EPS and FY2026 earnings at $1.42 EPS.

Separately, Keefe, Bruyette & Woods lifted their price target on shares of Nayax from $28.00 to $30.00 and gave the stock a “market perform” rating in a research note on Monday, December 9th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Nayax currently has an average rating of “Hold” and an average target price of $34.75.

Nayax Price Performance

Shares of NASDAQ NYAX opened at $34.65 on Wednesday. The firm has a market capitalization of $1.23 billion, a PE ratio of -111.77 and a beta of 0.02. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.16 and a current ratio of 1.25. Nayax has a fifty-two week low of $20.31 and a fifty-two week high of $40.70. The stock’s 50-day simple moving average is $35.96 and its 200-day simple moving average is $29.81.

Institutional Investors Weigh In On Nayax

Large investors have recently modified their holdings of the company. Bank of America Corp DE increased its position in Nayax by 920.4% in the 4th quarter. Bank of America Corp DE now owns 1,500 shares of the company’s stock valued at $44,000 after acquiring an additional 1,353 shares during the period. Barclays PLC increased its holdings in Nayax by 5,526.8% during the 3rd quarter. Barclays PLC now owns 2,307 shares of the company’s stock valued at $58,000 after acquiring an additional 2,266 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Nayax in the 3rd quarter valued at approximately $69,000. Citadel Advisors LLC acquired a new stake in shares of Nayax during the fourth quarter valued at $217,000. Finally, Verdence Capital Advisors LLC purchased a new stake in shares of Nayax during the fourth quarter worth about $326,000. 34.87% of the stock is owned by institutional investors and hedge funds.

About Nayax

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.