Added to YB: 2026-08-27
Pitch date: 2026-08-20
GPN [neutral]
Global Payments Inc.
-0.08%
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
Global Payments Inc. provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific.
Market Cap
$25.0B
Pitch Price
$93.03
Price Target
N/A
Dividend
1.06%
EV/EBITDA
9.42
P/E
48.71
EV/Sales
4.31
Sector
Financial Services
Category
value
Payments and FinTech Earnings Recap: Q2 2026 - Global Payments Inc.
GPN (earnings): Q2 organic rev +4% (down 50bps QoQ) but ~1pt Middle East conflict headwind plus lower tax payments mask picking-up underlying momentum; ex-non-core organic was 5.5% Q2/6% H1. FY26 organic guide cut to 4-5% from ~5%, framed as H2 de-risking; market looked past it, focused on FY27. GPN firmly backs FY27 organic accel (lapping Middle East headwind, signed enterprise/platform deals, growing Genius); author sees 5-6% starting guide, possibly 6%. Risk: large recurring charges keep adjusted EPS/FCF well above cash earnings — must close gap. Valuation: ~6x NTM EPS reflects MSD-sustainability skepticism; FY27 confidence could drive multiple expansion.
Read full article (2 min)