PAR
PAR Technology Corporation

PAR Technology CorporationPAR

Technology · Software - Application
15.15USD
-0.13%
Sep 23, 2026
PAR overview ready
Integrated Restaurant Technology Platform Driving Omnichannel Digital Ordering Growth
PAR is a vertically focused restaurant-technology platform provider serving multi-unit operators with an integrated stack spanning POS, digital ordering, loyalty and engagement, payments, back-office operations, and guest intelligence.
Narrative is still early
Exposed to the Restaurant Technology Modernization narrative through Enterprise Restaurant Platform Consolidation and Guest Data — pure play.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably….
Solid fundamentals
Ev / sales is strong.
Primary risk
Competitive pressure from larger POS and SaaS providers.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 2

Conviction Level

NarrativeHeat3.8ThemeHeat6.5PriceAction3.4Valuation5.7CompanyPosition9.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$626.6M
Avg Volume (60D)
917.8K
60 sessions
Revenue Growth YoY
+30.2%
FY2025 vs FY2024
Gross Margin
+42.2%
Trailing twelve months
Operating Margin
-12.6%
Trailing twelve months
Free Cash Flow Yield
-2.5%
Distance from 200DMA
-25.0%
Next Earnings
2026-11-05
P/E
N/M
EV / Sales
2.0x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
PAR Technology Corporation has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

What changed

Company Research

Thesis
PAR is a vertically focused restaurant-technology platform provider serving multi-unit operators with an integrated stack spanning POS, digital ordering, loyalty and engagement, payments, back-office operations, and guest intelligence.
Opportunity
Moderate opportunity
Multi-unit restaurant and hospitality operators are consolidating fragmented point-of-sale, ordering, loyalty, payments, back-office, and guest-data tools into integrated cloud platforms that improve digital sales conversion, operational efficiency, and direct customer relationships.
Key risk
Competitive pressure from larger POS and SaaS providers.

Narrative & Theme

Restaurant Technology Modernization
Part of Enterprise Restaurant Platform Consolidation and Guest Data, with strong fit.
PAR has a direct, revenue-bearing exposure to enterprise restaurant operators' ongoing migration from disconnected legacy systems toward unified cloud platforms.
Narrative HeatCooling3.8 / 10
Theme HeatNeutral6.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Application
What they do

PAR Technology Corporation provides cloud-based software and hardware solutions focused on omnichannel ordering, customer engagement, and point-of-sale systems for the restaurant and retail industries worldwide.

How it earns

The company generates revenue primarily through subscription-based software services and hardware sales.

Products & services
Punchh
PAR Ordering
PAR RETAIL
PLEXURE
PAR POS
TASK
PAR OPS
Customers & end markets
Restaurants
Retail businesses
Market position

Niche player offering integrated SaaS and hardware solutions tailored to restaurant and retail sectors.

Demand drivers
Medium cyclicality

Demand is influenced by consumer spending patterns in restaurant and retail sectors, which can be affected by economic cycles.

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