Global Payments (NYSE:GPN – Get Free Report) had its price objective decreased by analysts at Deutsche Bank Aktiengesellschaft from $80.00 to $75.00 in a research report issued to clients and investors on Monday,MarketScreener reports. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 10.60% from the stock’s previous close.
GPN has been the subject of several other reports. JPMorgan Chase & Co. cut their price target on Global Payments from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Royal Bank Of Canada lowered their price objective on Global Payments from $97.00 to $82.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 8th. TD Cowen dropped their target price on Global Payments from $91.00 to $86.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Cantor Fitzgerald reduced their target price on Global Payments from $88.00 to $76.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Stephens set a $80.00 price target on Global Payments and gave the stock an “equal weight” rating in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $84.52.
View Our Latest Analysis on GPN
Global Payments Trading Down 1.4%
Global Payments (NYSE:GPN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.82 by $0.14. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same quarter in the prior year, the firm posted $2.82 earnings per share. The company’s quarterly revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities research analysts expect that Global Payments will post 13.85 earnings per share for the current fiscal year.
Institutional Trading of Global Payments
Several large investors have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new position in Global Payments in the fourth quarter valued at about $25,000. DV Equities LLC purchased a new stake in shares of Global Payments in the fourth quarter worth about $26,000. Root Financial Partners LLC purchased a new stake in shares of Global Payments in the third quarter worth about $27,000. SouthState Bank Corp acquired a new stake in shares of Global Payments in the third quarter valued at about $28,000. Finally, REAP Financial Group LLC acquired a new stake in shares of Global Payments in the third quarter valued at about $28,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.
Global Payments News Summary
Here are the key news stories impacting Global Payments this week:
- Neutral Sentiment: Cantor Fitzgerald cut its price target on Global Payments to $76 from $88 and kept a neutral rating, signaling reduced conviction even though the new target still implies some upside from recent trading levels. Global Payments (NYSE:GPN) Price Target Lowered to $76.00 at Cantor Fitzgerald
- Neutral Sentiment: UBS maintained a hold rating on GPN, adding to the cautious analyst tone that can limit enthusiasm for the stock in the short term. UBS Remains a Hold on Global Payments (GPN)
- Neutral Sentiment: Stephens also kept a hold rating on Global Payments, reinforcing the view that analysts see limited near-term catalysts. Global Payments (GPN) Gets a Hold from Stephens
- Neutral Sentiment: Argus lowered its price target to $95, another sign that Wall Street expectations are becoming more conservative for Global Payments. Argus Cuts Global Payments (NYSE:GPN) Price Target to $95.00
- Positive Sentiment: Articles highlighting Larry Robbins buying Global Payments suggest some hedge fund managers still see value in the stock despite recent weakness. Global Payments Inc. (GPN): Larry Robbins Is Buying This Stock
- Positive Sentiment: Longer-term optimism remains tied to digital commerce and open banking trends, which could support growth for Global Payments’ Worldpay unit and other payment businesses. Global Payments’ Worldpay Taps European Open Banking Rails For Future Growth
- Positive Sentiment: Broader commentary on digital commerce trends suggests payment stocks may benefit if consumer and merchant spending continues shifting online. Could Digital Commerce Trends Lift S&P 500 Payment Stocks?
Global Payments Company Profile
Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.
Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.
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