Added to YB: 2026-08-27
Pitch date: 2026-08-20
FOUR [neutral]
Shift4 Payments, Inc.
-4.13%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$48.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.66
P/E
76.87
EV/Sales
1.91
Sector
Financial Services
Category
value
Payments and FinTech Earnings Recap: Q2 2026 - Shift4 Payments, Inc.
FOUR (earnings): Q2 solid (organic GRLNF +11%, in-line w/ Q1; ex-FX underlying +~1.5pts vs Q1; blended spread 65bps, +3bps YoY) but shares sold off hard on cut FY26 top/bottom guide: Middle East conflict ($25MM Q3 headwind, none Q4), incremental $20MM FX headwind, higher interest from recent debt raise. Author: H2 guide embeds continued low-DD organic growth after moving parts. Negatives: adj EBITDA margin -4pts YoY to ~45.5%; minimal buyback despite cheap stock (constrained B/S); bolt-on M&A surfaced in 10-Q; no World Cup lift. Global Blue pro-forma GRLNF HSD despite $15MM ME hit, underlying mid-teens. Valuation: ~$47, 9x non-GAAP EPS midpoint ($5.25); 12.5x normalized $3.75 (burdening SBC/deal/restructuring) — cheap for low-DD grower if sustainable.
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