Payoneer Q2 revenue beats on B2B volume growth
PAYO•Guidance and acquisition context
Payoneer is withdrawing financial outlook for full-year 2026 and medium- to long-term targets.
The company agreed in June to be acquired by Nuvei for $7.40 per share in cash.
Q2 revenue beats on B2B volume growth
Payoneer said second-quarter revenue rose 5%, beating analyst expectations, as overall volume growth accelerated.
Adjusted EBITDA for Q2 grew 7% year over year.
Key financial details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $274.30 mln | $270.98 mln (9 analysts) |
| Q2 Loss Per Share | $0.01 | ||
| Q2 Net Loss | $2.40 mln | ||
| Q2 Operating Expenses | $257.33 mln | ||
| Q2 Operating Income | $16.93 mln |
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell". The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Payoneer Global Inc is $7.40, about 3.9% above its August 5 closing price of $7.12. The stock recently traded at 24 times the next 12-month earnings versus a P/E of 18 three months ago.
