Wall Street Analysts Believe Paysign (PAYS) Could Rally 65.76%: Here's is How to Trade

Group 1 - Paysign, Inc. (PAYS) closed at $5.49, with a 7.4% gain over the past four weeks, and analysts set a mean price target of $9.1, indicating a 65.8% upside potential [1] - The mean estimate includes five short-term price targets with a standard deviation of $0.65, where the lowest estimate is $8.50 (54.8% increase) and the highest is $10.00 (82.2% increase) [2] - Analysts show strong agreement on the company's ability to report better earnings, with a positive trend in earnings estimate revisions, which is a strong indicator of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for the current year has increased by 9.1% over the past month, with one estimate going higher and no negative revisions [12] - PAYS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside [13] - While the consensus price target may not be entirely reliable, the direction it implies appears to be a good guide for potential price movement [14]