10:56 AM EDT, 08/12/2025 (MT Newswires) -- Repay's (RPAY) Q2 growth was still being impacted by isolated client losses, but a reiteration of 2025 guidance implies acceleration in H2 and stability in the company's underlying business, analysts at Morgan Stanley said Tuesday.

For the quarter ended June 30, Repay posted revenue of $75.6 million, up from $74.9 million a year earlier. Analysts polled by FactSet expected $73.3 million.

The company reaffirmed that for 2025, it expects a sequential quarterly acceleration of normalized gross profit growth.

Repay's expected H2 acceleration is supported by strategic growth initiatives, like the TotalPay migration, strength in core bookings, a healthy sales pipeline, and fewer headwinds from the previously mentioned client losses, Morgan Stanley said.

Morgan Stanley raised the stock's price target to $5 from $4.5, and retained an equal-weight rating.

Price: 5.30, Change: -0.06, Percent Change: -1.12