Nomura Initiates Buy Rating on Paytm with 31% Upside Target
Nomura has initiated coverage on Paytm's parent company, One97 Communications, with a Buy rating and a target price of Rs 2,250, indicating a 31% upside from current levels. The brokerage forecasts a 96% CAGR in EBITDA from FY26 to FY29, driven by growth in payments, merchant lending, AI-driven cost efficiencies, and potential revenue from merchant discount rates on UPI transactions. Additional growth opportunities include international expansion and AI product development. Paytm's stock has gained over 31% in 2026, outperforming the broader market despite recent declines.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (74/100). Lens Score 36/100.
Outlets measured: moneycontrol, moneycontrol, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (72–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 15 Oct, 03:33 am. Other outlets followed.