RPAY Stock Forecast & Price Target

Repay Holdings Corp reported F4Q25 sales of approximately $155.1 million, exceeding estimates and demonstrating a 17.1% sequential growth from the previous quarter, largely due to improved demand in its core markets. The company's acquisitions of EMI and Canada's Best Holdings contributed $22.8 million and $7.2 million, respectively, enhancing its overall revenue performance. Additionally, a notable increase in total orders by 11% year-over-year and a significant 23% growth in sales within the refueling convenience store vertical suggest strong momentum that is anticipated to persist into fiscal 2026.

Repay Holdings is facing a precarious financial outlook as it navigates the competitive landscape of integrated payment processing solutions. Despite reporting an improved adjusted gross margin of approximately 26.1% and an adjusted EBITDA margin of about 9.6%, these figures remain under scrutiny due to a concerning high reliance on transaction volumes and customer retention amid market volatility. Furthermore, although the company's net leverage ratio has decreased to 0.8x from 1.0x, the persistent elevated level of outstanding debt, now around $45.1 million, raises questions regarding Repay Holdings’s ability to sustain its growth and manage financial risks effectively.