Global Payments (NYSE:GPN) Given New $94.00 Price Target at The Goldman Sachs Group

Key Points

• Goldman Sachs raised Global Payments’ price target to $94 from $82 while maintaining a “neutral” rating, implying roughly 7.4% upside from the prior close. The broader analyst consensus remains “Hold,” with an average target of $85.08.
• Global Payments reported quarterly adjusted EPS of $3.46, slightly beating estimates, while revenue increased 68.6% year over year. However, normalized underlying revenue growth was approximately 4%, indicating much of the reported increase was acquisition-related.
• Fiscal 2026 guidance was set at $13.60–$13.80 adjusted EPS, slightly below analyst expectations, with management citing 4%–5% normalized revenue growth and pressure on travel spending related to Middle East conditions.

Global Payments (NYSE:GPN - Get Free Report) had its price target boosted by stock analysts at The Goldman Sachs Group from $82.00 to $94.00 in a report released on Thursday, Marketbeat reports. The brokerage currently has a "neutral" rating on the business services provider's stock. The Goldman Sachs Group's price objective points to a potential upside of 7.40% from the stock's previous close.

Other equities research analysts have also issued reports about the stock. BMO Capital Markets started coverage on shares of Global Payments in a research note on Tuesday, April 21st. They set a "market perform" rating and a $76.00 target price for the company. TD Cowen restated a "hold" rating and issued a $74.00 price target (down from $86.00) on shares of Global Payments in a research note on Thursday, June 11th. Morgan Stanley began coverage on Global Payments in a report on Monday, June 22nd. They issued an "equal weight" rating and a $65.00 price objective for the company. Barclays assumed coverage on Global Payments in a report on Wednesday, July 8th. They issued an "equal weight" rating and a $81.00 target price on the stock. Finally, Wolfe Research raised Global Payments from a "peer perform" rating to an "outperform" rating and set a $110.00 target price on the stock in a research report on Thursday. Five analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $85.08.

Global Payments Stock Performance

Shares of GPN stock opened at $87.53 on Thursday. The company has a 50 day moving average price of $74.67 and a 200-day moving average price of $72.46. Global Payments has a 52 week low of $61.16 and a 52 week high of $90.85. The firm has a market capitalization of $23.94 billion, a PE ratio of -42.90, a P/E/G ratio of 0.50 and a beta of 0.74. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.86.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.02. The firm had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.16 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The firm's quarterly revenue was up 68.6% on a year-over-year basis. During the same period in the previous year, the company earned $3.10 earnings per share. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. As a group, equities research analysts expect that Global Payments will post 13.8 earnings per share for the current year.

Hedge Funds Weigh In On Global Payments

Several large investors have recently added to or reduced their stakes in GPN. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Global Payments by 1.6% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,260 shares of the business services provider's stock worth $794,000 after purchasing an additional 163 shares in the last quarter. Southern Financial Group LLC raised its holdings in Global Payments by 5.1% during the first quarter. Southern Financial Group LLC now owns 3,651 shares of the business services provider's stock valued at $246,000 after buying an additional 178 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Global Payments by 0.6% in the third quarter. Van ECK Associates Corp now owns 30,262 shares of the business services provider's stock worth $2,514,000 after buying an additional 187 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in shares of Global Payments by 1.8% during the 4th quarter. New Mexico Educational Retirement Board now owns 11,248 shares of the business services provider's stock worth $871,000 after acquiring an additional 200 shares in the last quarter. Finally, Dempze Nancy E boosted its stake in shares of Global Payments by 1.5% during the 4th quarter. Dempze Nancy E now owns 13,500 shares of the business services provider's stock worth $1,045,000 after acquiring an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 89.76% of the company's stock.

More Global Payments News

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Earnings beat and Genius momentum: Global Payments reported adjusted EPS of $3.46, up from $3.10 a year earlier. Management highlighted continued adoption of its Genius payments platform as a contributor to earnings performance. Global Payments Q2 Earnings Beat Estimates on Genius Platform Momentum
• Positive Sentiment: Shareholder returns remain substantial: The board approved a quarterly dividend of $0.25 per share, payable September 25 to shareholders of record September 11. Global Payments also said it has returned approximately $1.2 billion of capital to shareholders year to date.
• Neutral Sentiment: Revenue growth was strong but largely acquisition-related: Reported GAAP revenue rose 68.6% year over year to $3.32 billion, while normalized adjusted net revenue growth was approximately 4%. This indicates solid underlying growth but also highlights the importance of separating reported growth from organic performance. Global Payments Reports Second Quarter 2026 Results
• Negative Sentiment: Full-year guidance came in below expectations: Global Payments now expects fiscal 2026 adjusted EPS of $13.60-$13.80, below the $13.84 analyst consensus. The company projects normalized constant-currency adjusted net revenue growth of roughly 4%-5% and cited Middle East-related pressure on travel spending. Global Payments cuts annual forecasts as Middle East conflict hits travel spending

About Global Payments

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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