13 Best Big Tech Stocks to Buy According to Hedge Funds

9. Paymentus Holdings, Inc. (NYSE:PAY)

Paymentus Holdings, Inc. (NYSE:PAY) is one of the best tech stocks.

TheFly reported on February 24 that Wedbush lowered its price target for PAY to $32 from $40. The firm cited a reduced multiple, while retaining an Outperform rating. According to the firm, PAY delivered another strong quarter with Q4 results exceeding expectations and provided conservative guidance for FY26. Even if there is still uncertainty in the fintech industry as a whole, Wedbush stressed that the company is still benefiting from the increasing digitization of bill payments and is witnessing an increase in transaction activity across a wide and diverse customer base.

Revenue, contribution profit, and adjusted EBITDA all surpassed projections in Paymentus Holdings, Inc.’s (NYSE:PAY) impressive fourth-quarter and full-year 2025 results, which were released on February 23. According to the study, higher transaction volumes and an enlarged biller base drove a 28.1% year-over-year gain in revenue during the fourth quarter and a 46.3% increase in adjusted EBITDA.

The company’s revenue increased 37.3% to $1.197 billion for the entire year, while adjusted EBITDA increased 45.9%. With a sizable backlog at the end of 2025, the business had good insight into 2026. Investors were thrilled by the company’s 2025 performance, but their focus was drawn to its forward-looking guidance, which reflected its strategy to maintain growth and capitalize on momentum in the cloud-based bill payment sector.

Paymentus Holdings, Inc. (NYSE:PAY) provides cloud-based bill payment solutions, enabling businesses and consumers to make and receive payments securely and efficiently. Its platform supports digital, mobile, and automated payment options across industries, enhancing convenience and cash flow management.