Agilysys’s Strong Market Position and Growth Potential Justify Buy Rating

William Blair analyst Stephen Sheldon has maintained their bullish stance on AGYS stock, giving a Buy rating on June 2.

Stephen Sheldon has given his Buy rating due to a combination of factors that highlight Agilysys’s strong market positioning and growth potential. The company’s ability to leverage its top-tier product offerings to gain market share is evident, particularly as it begins to serve high-profile clients like Marriott. The rollout with Marriott is expected to significantly contribute to Agilysys’s financials by fiscal 2027, despite current uncertainties in deployment pace.
Additionally, Agilysys has demonstrated operational resilience, with management expressing confidence in overcoming past challenges related to point-of-sale sales and labor shortages. The company’s capacity to handle large contracts, such as the one with Marriott, and its recent contract with Boyd Gaming further solidify its growth trajectory. These factors collectively underpin Stephen Sheldon’s positive outlook and Buy rating for Agilysys’s stock.

Sheldon covers the Technology sector, focusing on stocks such as Agilysys, Olo, and Udemy Inc. According to TipRanks, Sheldon has an average return of 3.0% and a 54.43% success rate on recommended stocks.