With a 5-year EPS growth forecasted at 33.59%, Nayax Ltd. (NASDAQ:NYAX) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term.
On June 24, UBS raised its price target on Nayax Ltd. (NASDAQ:NYAX) to $75 from $68 while maintaining a Neutral rating on the shares
The revised target reflects the firm’s updated valuation outlook and confidence in the company’s continued execution within the rapidly expanding digital payments and unattended commerce markets. On June 23, Nayax Ltd. (NASDAQ:NYAX) announced a strategic partnership with Tellus Power to integrate its AC Level 2 EV charger with Nayax’s payment and management platform. The combined solution is expected to provide operators with a unified offering that incorporates EV charging, payment processing, and management capabilities while maintaining compatibility with existing vendors through open industry standards.
The partnership is designed to simplify deployment and improve the user experience for EV charging operators. Founded in 2005 and headquartered in Herzliya, Israel, Nayax Ltd. (NASDAQ:NYAX) is a global fintech company that develops cashless payment, telemetry, and management software for unattended retail, like vending machines and EV chargers. While we acknowledge the potential of NYAX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.