Agilysys’ (AGYS) Buy Rating Reiterated at Needham & Company LLC

Agilysys (NASDAQ:AGYS)‘s stock had its “buy” rating reiterated by analysts at Needham & Company LLC in a report released on Tuesday,Benzinga reports. They currently have a $120.00 price objective on the software maker’s stock. Needham & Company LLC’s target price points to a potential upside of 70.94% from the company’s previous close.

AGYS has been the subject of a number of other reports. Wall Street Zen lowered Agilysys from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings lowered shares of Agilysys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research raised Agilysys from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Finally, Oppenheimer reduced their price objective on Agilysys from $140.00 to $90.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Agilysys presently has an average rating of “Hold” and a consensus target price of $131.40.

Agilysys Trading Up 4.2%

AGYS stock opened at $70.20 on Tuesday. The firm’s 50-day moving average is $68.92 and its two-hundred day moving average is $94.99. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 65.61 and a beta of 0.30. Agilysys has a 52 week low of $61.50 and a 52 week high of $145.25.

Agilysys (NASDAQ:AGYS) last posted its quarterly earnings data on Monday, May 18th. The software maker reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.12. Agilysys had a net margin of 9.79% and a return on equity of 10.71%. The business had revenue of $82.95 million during the quarter, compared to analysts’ expectations of $81.56 million. During the same period last year, the firm posted $0.54 earnings per share. The business’s revenue was up 11.7% on a year-over-year basis. On average, equities research analysts predict that Agilysys will post 1.09 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Capital Research Global Investors acquired a new stake in shares of Agilysys during the fourth quarter valued at approximately $104,878,000. Wellington Management Group LLP boosted its stake in Agilysys by 75.9% in the 3rd quarter. Wellington Management Group LLP now owns 690,498 shares of the software maker’s stock worth $72,675,000 after purchasing an additional 297,846 shares during the period. Wasatch Advisors LP grew its position in Agilysys by 33.0% during the 1st quarter. Wasatch Advisors LP now owns 953,730 shares of the software maker’s stock worth $67,848,000 after purchasing an additional 236,373 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Agilysys by 125.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 331,953 shares of the software maker’s stock valued at $24,080,000 after purchasing an additional 184,402 shares during the period. Finally, Jennison Associates LLC raised its stake in Agilysys by 64.8% during the 1st quarter. Jennison Associates LLC now owns 365,580 shares of the software maker’s stock valued at $26,007,000 after purchasing an additional 143,789 shares during the period. 88.00% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Agilysys

Here are the key news stories impacting Agilysys this week:

• Positive Sentiment: Agilysys posted adjusted quarterly earnings of $0.63 per share, beating estimates, while revenue rose 11.7% to a record $82.9 million and also came in ahead of forecasts. Agilysys Announces 17th Consecutive Record Revenue Quarter of $82.9M and Full Year Record Revenue of $319.3M
• Positive Sentiment: The company issued FY2027 revenue guidance of $365 million to $370 million, which is above the current consensus estimate and signals continued growth momentum. Analyst Reaffirms Buy on Agilysys, Maintains $120 Price Target Amid Strong Growth and Margin Outlook
• Positive Sentiment: Analysts at Needham and William Blair reiterated Buy ratings, citing strong SaaS momentum, margin expansion, and a Marriott rollout that could drive additional upside. Analyst Reiterates Buy on Agilysys as Strong SaaS Momentum, Margin Expansion, and Marriott Rollout Signal Further Upside
• Neutral Sentiment: Investors are also digesting the earnings call and detailed quarterly metrics for signs of how durable the recent outperformance may be. Agilysys, Inc. (AGYS) Q4 2026 Earnings Call Transcript

About Agilysys

Agilysys, Inc is a publicly traded technology company (NASDAQ: AGYS) that specializes in providing software and services to the hospitality industry. The company’s solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.