Should You Be Optimistic on PAR Technology (PAR)?

Bristlemoon Capital, a global equities firm, released its “Bristlemoon Global Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund returned -6.2% in the December quarter and a 0.3% return in December. Since its inception, the fund has produced a cumulative return of 11.9%, net of fees.  In 2025, market trends intensified, with perceived AI winners rallying, while stocks considered “cheap” dropped even further if labeled as AI losers. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its fourth-quarter 2025 investor letter, Bristlemoon Global Fund highlighted stocks such as PAR Technology Corporation (NYSE:PAR). PAR Technology Corporation (NYSE:PAR) is a technology company that offers cloud-based hardware and software solutions to the restaurant and retail industries. The one-month return of PAR Technology Corporation (NYSE:PAR) was 4.56%, and its shares lost 44.68% of their value over the last 52 weeks. On January 9, 2026, PAR Technology Corporation (NYSE:PAR) stock closed at $37.36 per share, with a market capitalization of $1.51 billion.

Bristlemoon Global Fund stated the following regarding PAR Technology Corporation (NYSE:PAR) in its fourth quarter 2025 investor letter:

“Unfortunately, the strong contribution to the Fund from the abovementioned stocks has been offset by very weak performance in two of the Fund’s largest positions: Hemnet Group and PAR Technology Corporation (NYSE:PAR). Both positions have more than halved in value peak to trough – a disappointing outcome.

PAR Technology Corporation (NYSE:PAR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 24 hedge fund portfolios held PAR Technology Corporation (NYSE:PAR) at the end of the third quarter, compared to 28 in the previous quarter. PAR Technology Corporation’s (NYSE:PAR) third quarter revenue increased nearly 23% to $119 million.  While we acknowledge the potential of PAR Technology Corporation (NYSE:PAR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.