Global Payments Raises Price Targets After 6% Q4 Growth, $2.5B Buyback
Multiple analysts raised Global Payments’ price target to $88–$97 following Q4 adjusted EPS of $3.18 on $2.32 billion revenue, 6% constant-currency net revenue growth and 80 bps margin expansion. The company forecasts 5% adjusted net revenue growth in FY26, 150 bps margin expansion, $13.80–$14.00 EPS and authorized a $2.5 billion buyback.
1. Analyst Price Target Increases
Analysts from Cantor Fitzgerald, RBC Capital, TD Cowen and UBS raised Global Payments’ price targets to between $87 and $97, while maintaining Neutral or Sector Perform ratings on the stock.
2. Q4 Earnings Highlights
In Q4, Global Payments delivered adjusted EPS of $3.18 versus $3.16 consensus on $2.32 billion revenue, achieved 6% constant-currency net revenue growth excluding dispositions, and expanded adjusted operating margins by 80 basis points.
3. FY26 Financial Outlook
For FY26, the company forecasts 5% adjusted net revenue growth excluding dispositions, 150 basis point expansion in adjusted operating margins, $13.80 to $14.00 in adjusted EPS, and free cash flow conversion above 90%.
4. Strategic Developments and Capital Returns
Global Payments completed the Worldpay acquisition and Issuer Solutions divestiture, generated over 100% free cash flow conversion in 2025, returned $1 billion to shareholders, added $1.2 billion from divestitures, and authorized a $2.5 billion share repurchase program with an immediate $550 million buyback.