Goldman Sachs maintained its 'buy' rating on Paytm with a price target of ₹1,500. The brokerage forecasts 27% year-on-year revenue growth and more than doubling EBITDA for the financial year, driven by sustained strong traction in merchant loan distribution and the scaling up of consumer products like postpaid.

Goldman Sachs Analysis’s track record: 3 graded calls · 95% CI 21–94%

PaytmBullishCalled 21 Jul 2026
Verdict:PENDING

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