PAR Technology (PAR) Advances Cloud-Native Strategy, Earning Analyst Confidence
PARPAR(US:PAR) Yahoo Finance·2025-12-04 04:31

Group 1 - PAR Technology Corporation (NYSE:PAR) is rated as a Strong Buy by Wall Street analysts, with an average price target of $56.40, indicating a potential upside of 63.43% from the current price of $34.51 [1] - The company is transitioning to a unified cloud-native platform aimed at restaurants and convenience stores, as reiterated by CEO Savneet Singh [2] - PAR Technology is targeting mid-teens annual recurring revenue growth driven by its Operated Cloud Business and has a significant backlog to support revenue growth [3] Group 2 - The company is integrating artificial intelligence into its products, launching AI-powered solutions like Coach AI for back-office operations and developing AI solutions for loyalty program management [4] - PAR Technology is forming strategic partnerships with major US brands to enhance global deployments, with Erbert & Gerbert's Sandwich Shop being the latest to adopt its solutions [5] - The company provides a comprehensive technology solution for the restaurant industry, including point-of-sale (POS), loyalty programs, ordering, payments, and operations software [6]