B. Riley raised the firm’s price target on Nayax (NYAX) to $47 from $44 and keeps a Buy rating on the shares following the Q1 report. Recent data indicate Nayax’s revenue is back on trend and is likely to ramp throughout the remainder of 2025, with management reaffirming 2025 guidance, the analyst tells investors in a research note. The firm says the company continues to grow its global installation base with “industry-leading growth supported by an admirable dollar-based net retention rate of 128% with an annual customer churn of just 2.8%.”
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