Overview
Cantor Fitzgerald has reiterated an Overweight rating on Agilysys Inc (NASDAQ: AGYS) and maintained a $140.00 price target following the company’s most recent quarterly report. The $140 target equated to about 23% upside from the referenced share price of $113.55, with analyst price targets cited in the range of $135 to $155.
Quarterly performance and guidance
Agilysys reported quarterly revenue of $80.4 million, ahead of the consensus figure of $79.07 million, and the company raised its implied revenue guidance for the fourth quarter of fiscal 2026, according to Cantor Fitzgerald’s research note. While revenue surprised on the upside, the company’s reported earnings per share were $0.42, below the expected $0.46.
Data in the research note show Agilysys has produced 17.8% revenue growth over the prior twelve months. Cantor Fitzgerald also noted that four analysts recently adjusted their earnings estimates higher, reflecting a reassessment of the company’s near-term outlook after the quarterly results.
Segment dynamics
The firm highlighted continued momentum in Agilysys’ Hotels and Resorts segment and a pronounced resurgence in its Foodservice business, particularly around the point-of-sale platform. At the same time, Cantor Fitzgerald flagged pockets of relatively slower growth in the Gaming and International segments during the quarter.
Market positioning and strategic catalysts
Cantor Fitzgerald characterizes Agilysys as the most favorably positioned vendor in the hospitality technology space to capture incremental market share as property owners increase spending on technology intended to improve guest experience and operational efficiency. The note emphasized that Agilysys has moved into the rollout phase of a multi-year agreement with Marriott after three years of planning, a development the research firm views as a potential source of further upside to revenue projections.
Market reaction and analyst outlook
Despite the EPS shortfall versus consensus, the revenue beat and improved guidance appear to have supported a constructive market response. Analysts remain attentive to Agilysys’ ability to sustain revenue outperformance and to the implications of the Marriott rollout for future top-line growth.
Key points
- Cantor Fitzgerald reaffirmed an Overweight rating and set a $140 price target on AGYS, implying about 23% upside from a $113.55 share price.
- Agilysys reported Q3 FY2026 revenue of $80.4 million, above the $79.07 million forecast, and showed 17.8% revenue growth over the last twelve months.
- The company is in the rollout phase of a major deal with Marriott, which Cantor Fitzgerald identifies as a potential additional revenue driver; Hotels & Resorts and Foodservice segments showed strength while Gaming and International were softer.
Risks and uncertainties
- Agilysys’ EPS for the quarter was $0.42, below the $0.46 analysts had expected, showing a disconnect between revenue strength and near-term profitability metrics that investors may watch closely. (Impacts technology and software investor sentiment.)
- Some business lines exhibited slower growth during the quarter, specifically the Gaming and International segments, which could limit upside if those trends persist. (Impacts hospitality technology exposure in gaming and international markets.)
- Analyst price targets vary, with a range of $135 to $155, reflecting differing views on how much upside the Marriott rollout and other catalysts will deliver. (Reflects variability in market expectations across equities and analyst coverage.)
Sectors affected
The developments primarily touch hospitality technology, hotels and resorts, and foodservice technology vendors, with secondary implications for gaming and international hospitality markets.
Conclusion
Cantor Fitzgerald’s reiteration of an Overweight rating and the $140 target follows a quarter in which Agilysys outpaced revenue expectations and raised its implied guidance, even as EPS fell short of forecasts and growth was uneven across segments. The firm’s view that Agilysys is well-positioned to gain share - combined with the start of the Marriott rollout - frames the analyst optimism, while the EPS miss and segment-specific softness represent clear monitoring points for investors.