10:42 AM EDT, 03/12/2025 (MT Newswires) -- Paymentus Holdings ( PAY ) is building further momentum with solid 2025 guidance after posting strong Q4 results, Wedbush said in a Wednesday note.

"This was a strong quarter by PAY," Wedbush analysts said.

Paymentus ( PAY ) gave 2025 guidance that was also above consensus, they said. The company continues to benefit from "a large cohort of large clients that signed up in Q3 which were anticipated to sign up in 2025," the analysts said.

The management also noted that its $200 million cash balance can be used for M&A and other inorganic growth opportunities to help meet its long-term growth target, they said.

Wedbush kept its outperform rating and price target of $38.

Price: 28.47, Change: -2.28, Percent Change: -7.41