
PAR Technology (PAR) Stock Forecast & Price Target
PAR Technology (PAR) Analyst Ratings
Bulls say
PAR Technology is positioned for stronger fundamentals because its multi-product restaurant technology platform is gaining traction across POS, loyalty, ordering, payments, and back-office software, supporting a broader enterprise wallet share and 100% attach for new customers. ARR reached $338.0mm in 2Q26, up 18% year over year and 12% organically, while management expects low- to mid-teens ARR growth for FY26 as recent wins like Papa John’s and additional Tier-1 opportunities contribute later. Profitability is also improving meaningfully, with adjusted EBITDA of $14.3mm in 2Q26 above expectations and management targeting more than doubling EBITDA in FY26 through operating leverage, a better revenue mix, and cost reductions.
Bears say
PAR Technology is facing a fragile fundamental setup because growth could stall in a downturn, if a major customer is lost, or if delayed Burger King and Papa John's installations prevent organic ARR growth from reaching mid-teens in FY26E. Its business also carries concentration and operating risk, with three large chain customers contributing about 30% of annual revenue, $422 million of debt against $77 million of cash, and reliance on third-party hardware manufacturers that heighten supply-chain and pricing-pressure exposure. Even though free cash flow was $3 million and improved $11.5 million Y/Y, the combination of competition, margin pressure, and potential revenue disruption supports a bearish outlook.
This aggregate rating is based on analysts' research of PAR Technology and is not a guaranteed prediction by Public.com or investment advice.
PAR Technology (PAR) Analyst Forecast & Price Prediction
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