Agilysys Shares Rally After Strong Quarter; 2027 Guidance Catches Focus
Agilysys shares jumped 28% to $89.96 Tuesday after the company reported record fiscal fourth-quarter revenue of $82.9 million and projected 2027 revenue of $365 million to $370 million. Subscription revenue grew 30.2% for the year. Oppenheimer raised its price target to $100, while Needham kept a $120 target. Trading volume topped 555,000 shares, well above average.