PAYS Stock Analysis: Paysign | NASDAQ

Software - Infrastructure | NASDAQ, USA | Market Cap: 536m USD | 12M Return: 137.6% | US70451A1043 | Charts, Fundamentals & Technical Analysis

Prepaid Cards, Digital Banking, Payment Processing, Healthcare Payments
Total Rating 65
Safety 65
Buy Signal 2.20
Software - Infrastructure
Industry Rotation: +1.9
Market Cap: 536M
Avg Turnover: 4.44M
Risk 3d forecast
Volatility159%
VaR 5th Pctl25.3%
VaR vs Median-3.48%
Reward TTM
Sharpe Ratio1.49
Rel. Str. IBD99
Rel. Str. Peer Group97.4
Character TTM
Beta1.795
Beta Downside1.187
Hurst Exponent0.537
Drawdowns 3y
Max DD64.60%
CAGR/Max DD1.34
CAGR/Mean DD3.42
EPS (Earnings per Share) EPS (Earnings per Share) of PAYS over the last years for every Quarter: "2021-06": -0.02, "2021-09": -0.01, "2021-12": 0.002, "2022-03": -0.01, "2022-06": -0.0044, "2022-09": 0.02, "2022-12": 0.01, "2023-03": -0.0031, "2023-06": -0.002, "2023-09": 0.02, "2023-12": 0.03, "2024-03": 0.01, "2024-06": 0.01, "2024-09": 0.03, "2024-12": 0.0247, "2025-03": 0.05, "2025-06": 0.02, "2025-09": 0.04, "2025-12": 0.02, "2026-03": 0.0891, "2026-06": 0.11,
EPS CAGR: 96.74%
EPS Trend: 96.2%
Last SUE: -1.27
Qual. Beats: -1
Revenue Revenue of PAYS over the last years for every Quarter: 2021-06: 6.65129, 2021-09: 7.767189, 2021-12: 8.766942, 2022-03: 8.220639, 2022-06: 8.598776, 2022-09: 10.596428, 2022-12: 10.617824, 2023-03: 10.14329, 2023-06: 11.041051, 2023-09: 12.400325, 2023-12: 13.689496, 2024-03: 13.190074, 2024-06: 14.331599, 2024-09: 15.256431, 2024-12: 15.606448, 2025-03: 18.598149, 2025-06: 19.078353, 2025-09: 21.596478, 2025-12: 22.755196, 2026-03: 28.038424, 2026-06: 28.252071,
Rev. CAGR: 33.67%
Rev. Trend: 99.2%
Last SUE: 3.53
Qual. Beats: 6

Warnings

Overextended 1w

Tailwinds

Rs Leader
Idiosyncratic Leader
Tailwind
Ep Pivot

Seasonality 11.6 years of data

Jan +8.0% 20
Feb +3.0% 38
Mar -1.4% 7
Apr +9.0% 23
May -6.9% 9
Jun +0.6% 17
Jul +7.5% 36
Aug -8.9% 40
Sep -10.8% 27
Oct -2.0% 17
Nov +7.1% 14
Dec -5.9% 44

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: PAYS Paysign

Paysign, Inc. is a U.S.-based provider of prepaid card programs, patient affordability solutions, digital banking, life science software technology, and integrated payment processing services for businesses, consumers, and government institutions. Its offerings span corporate rewards, prepaid gift cards, general-purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trial payments, healthcare reimbursement, pharmaceutical payment assistance, and demand deposit accounts accessible via debit card. The company also runs a customer service center and a communication suite that includes a mobile app, two-way SMS, text alerts, and a cardholder web portal, marketing its solutions under the Paysign brand. Paysign was founded in 2001 and is headquartered in Henderson, Nevada.

The company operates at the intersection of fintech and healthcare payments, with a notable focus on pharmaceutical patient assistance programs and clinical trial compensation-niches that leverage specialized payment infrastructure to meet regulatory and compliance requirements. Its model combines program management, card issuance, and proprietary software platforms, allowing it to capture revenue across card float, program fees, and processing services.

Headlines to Watch Out For
  • Patient affordability segment accelerates pharmaceutical payment revenue growth
  • Higher interest rates boost float income on prepaid card balances
  • New corporate rewards and pharma contracts expand top-line growth
Piotroski VR-10 (Strict) 4.5
Net Income: 15.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.22 > 0.02 and ΔFCF/TA 22.58 > 1.0
NWC/Revenue: 34.36% < 20% (prev 22.46%; Δ 11.90% < -1%)
CFO/TA 0.24 > 3% & CFO 77.3m > Net Income 15.8m
Net Debt (-21.7m) to EBITDA (29.4m): -0.74 < 3
Current Ratio: 1.14 > 1.5 & < 3
Outstanding Shares: last quarter (61.4m) vs 12m ago 6.08% < -2%
Gross Margin: 58.80% > 18% (prev 59.99%; Δ -1.19% > 0.5%)
Asset Turnover: 39.40% > 50% (prev 35.35%; Δ 4.05% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 1.77
A: 0.11 (Total Current Assets 283.0m - Total Current Liabilities 248.4m) / Total Assets 317.0m
B: 0.09 (Retained Earnings 27.3m / Total Assets 317.0m)
C: 0.08 (EBIT TTM 20.1m / Avg Total Assets 255.4m)
D: 0.23 (Book Value of Equity 60.2m / Total Liabilities 256.8m)
Altman-Z'' = 1.77 = BBB
Beneish M -2.40
DSRI: 1.71 (Receivables 103.5m/41.3m, Revenue 100.6m/68.5m)
GMI: 1.02 (GM 59.99% / 58.80%)
AQI: 0.52 (AQ_t 0.08 / AQ_t-1 0.16)
SGI: 1.47 (Revenue 100.6m / 68.5m)
TATA: -0.19 (NI 15.8m - CFO 77.3m) / TA 317.0m)
Beneish M = -2.40 (Cap -4..+1) = BBB
What is the price of PAYS shares?

As of August 07, 2026, the stock is trading at USD 12.40 with a total of 3,313,391 shares traded. Over the past week, the price has changed by +35.37%, over one month by +48.50%, over three months by +89.89% and over the past year by +137.55%.

Current recommended Stop Loss: 11.80 (which is 4.8% or 1.3 ATR below the current price).

Is PAYS a buy, sell or hold?

Paysign has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy PAYS.

  • StrongBuy: 3
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the PAYS price?
Analysts Target Price 10.5 -15.7%
Paysign (PAYS) - Fundamental Data Overview as of 07 August 2026
Market Cap USD = 536.1m (536.1m USD * 1.0 USD.USD)
P/E Trailing = 53.2778
P/E Forward = 37.3134
P/S = 5.8614
P/B = 9.1053
Revenue TTM = 100.6m USD
EBIT TTM = 20.1m USD
EBITDA TTM = 29.4m USD
Long Term Debt = 4.82m USD (estimated: total debt 5.71m - short term 891k)
Short Term Debt = 891k USD (from shortTermDebt, last quarter)
Debt = 5.71m USD (from shortLongTermDebtTotal, last quarter) (leases 5.92m already included)
Net Debt = -21.7m USD (calculated: Debt 5.71m - CCE 27.4m)
Enterprise Value = 514.5m USD (536.1m + Debt 5.71m - CCE 27.4m)
 Interest Coverage Ratio = unknown (Ebit TTM 20.1m / Interest Expense TTM 0.0)
 EV/FCF = 7.36x (Enterprise Value 514.5m / FCF TTM 69.9m)
FCF Yield = 13.60% (FCF TTM 69.9m / Enterprise Value 514.5m)
FCF Margin = 69.50% (FCF TTM 69.9m / Revenue TTM 100.6m)
Net Margin = 15.67% (Net Income TTM 15.8m / Revenue TTM 100.6m)
Gross Margin = 58.80% ((Revenue TTM 100.6m - Cost of Revenue TTM 41.5m) / Revenue TTM)
Gross Margin QoQ = 72.68% (prev 55.58%)
Tobins Q-Ratio = 1.62 (Enterprise Value 514.5m / Total Assets 317.0m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 5.71m)
Taxrate = 21.58% (4.34m / 20.1m)
NOPAT = 15.8m (EBIT 20.1m * (1 - 21.58%))
Current Ratio = 1.14 (Total Current Assets 283.0m / Total Current Liabilities 248.4m)
Debt / Equity = 0.09 (Debt 5.71m / totalStockholderEquity, last quarter 60.2m)
Debt / EBITDA = -0.74 (Net Debt -21.7m / EBITDA 29.4m)
Debt / FCF = -0.31 (Net Debt -21.7m / FCF TTM 69.9m)
Total Stockholder Equity = 52.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.17% (Net Income 15.8m / Total Assets 317.0m)
RoE = 30.13% (Net Income TTM 15.8m / Total Stockholder Equity 52.4m)
RoCE = 35.18% (EBIT 20.1m / Capital Employed (Equity 52.4m + L.T.Debt 4.82m))
RoIC = 24.49% (NOPAT 15.8m / Invested Capital 64.4m)
WACC = 12.17% (E(536.1m)/V(541.8m) * Re(12.30%) + D(5.71m)/V(541.8m) * Rd(0.0%) * (1-Tc(0.22)))
Discount Rate = 12.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.74 | Cagr: 5.21%
[DCF] Terminal Value 63.29% ; FCFF base≈69.9m ; Y1≈70.2m ; Y5≈74.4m
[DCF] Fair Price = 12.94 (EV 701.7m - Net Debt -21.7m = Equity 723.4m / Shares 55.9m; r=12.17% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 96.25 | EPS CAGR: 96.74% | SUE: -1.27 | # QB: -1
Revenue Correlation: 99.18 | Revenue CAGR: 33.67% | SUE: 3.53 | # QB: 6
EPS current Quarter (2026-09-30): EPS=0.07 | Chg30d=+0.00% | Revisions=+50% | Analysts=3
EPS current Year (2026-12-31): EPS=0.33 | Chg30d=+0.00% | Revisions=+17% | GrowthEPS=+153.8% | GrowthRev=+32.3%
EPS next Year (2027-12-31): EPS=0.44 | Chg30d=+0.00% | Revisions=+17% | GrowthEPS=+32.3% | GrowthRev=+15.2%
[Analyst] Revisions Ratio: +42% (up=7, down=2)