Payoneer jumps on report of Nuvei acquisition talks

Payoneer Global Inc. (PAYO) is up 25.9% today. Here is some analysis on what might have caused this price movement.

Analysis: Shares appear to be reacting to deal speculation after a market report said Nuvei is in advanced talks to acquire Payoneer in a transaction valued around $2.7 billion. The sharp move suggests investors are repricing PAYO toward a potential takeout valuation, though no definitive agreement has been announced.

Details:

A market report said Nuvei is in advanced discussions to buy Payoneer for about $2.7 billion, citing people familiar with the matter.

The rumored combination would pair Nuvei’s merchant “pay-in” acceptance capabilities with Payoneer’s cross-border “payout” network used for suppliers, freelancers, and marketplace sellers.

The report noted Nuvei has pursued growth through acquisitions and was taken private in a buyout led by Advent in 2024 alongside existing investors.

As background, Payoneer’s most recent quarterly update highlighted profitability and raised full-year 2026 guidance, which could make the company more attractive in strategic discussions.

Sources:

StreetInsider, MarketScreener, Payoneer Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PAYO Hedge Fund Activity

We have seen 140 institutional investors add shares of $PAYO stock to their portfolio, and 179 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

GREENVALE CAPITAL LLP removed 7,084,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $34,215,720
DEUTSCHE BANK AG\ removed 3,836,391 shares (-57.3%) from their portfolio in Q1 2026, for an estimated $18,529,768
PHOENIX FINANCIAL LTD. removed 2,703,780 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $13,059,257
MILLENNIUM MANAGEMENT LLC removed 2,665,639 shares (-57.0%) from their portfolio in Q1 2026, for an estimated $12,875,036
MARSHALL WACE, LLP added 2,002,572 shares (+146.9%) to their portfolio in Q1 2026, for an estimated $9,672,422
D. E. SHAW & CO., INC. added 1,716,011 shares (+100.1%) to their portfolio in Q4 2025, for an estimated $9,643,981
NUVEEN, LLC removed 1,433,374 shares (-39.3%) from their portfolio in Q1 2026, for an estimated $6,923,196

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PAYO Price Targets

Multiple analysts have issued price targets for $PAYO recently. We have seen 4 analysts offer price targets for $PAYO in the last 6 months, with a median target of $7.0.

Here are some recent targets:

Aditya Buddhavarapu from B of A Securities set a target price of $6.0 on 03/25/2026
Mark Palmer from Benchmark set a target price of $7.0 on 03/06/2026
Sanjay Sakhrani from Keefe, Bruyette & Woods set a target price of $7.0 on 02/27/2026
Mayank Tandon from Needham set a target price of $8.0 on 02/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.