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BTCC / BTCC Square / Global Cryptocurrency /
Agilysys Stock Surges 15% on Record Revenue and Bullish Guidance

Agilysys Stock Surges 15% on Record Revenue and Bullish Guidance

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2026-05-20 01:53:02
0
BTCCSquare news:

Agilysys shares soared 15% to $80.41 after delivering a fourth consecutive quarter of record revenue, with subscription growth accelerating to 24% year-over-year. The hospitality software firm beat earnings estimates by $0.13 and revenue forecasts by $1.4 million, while projecting FY2027 revenue of $365M–$370M—above consensus expectations.

Analysts remain bullish, with Needham maintaining its $120 price target (71% upside potential) and Oppenheimer raising its target to $100. The company's Marriott International PMS deal is expected to become a meaningful contributor to financials in the coming fiscal year.

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