TD Cowen Raises PT on Global Payments Inc. (GPN) to $91, Keeps Hold Rating

Core Viewpoint - Global Payments Inc. (NYSE:GPN) is recognized as one of the 12 cheap technology stocks to invest in according to hedge funds, with analysts raising price targets following positive Q4 results and a favorable outlook for 2025 and 2026 [1][3]. Financial Performance - For Q4 2025, Global Payments reported adjusted earnings per share of $3.18, slightly exceeding estimates of $3.16, while revenue was approximately $2.32 billion, just below the average estimate of $2.35 billion [3]. - The company anticipates net revenue growth of nearly 5% for 2026, excluding dispositions, with adjusted earnings per share projected to be between $13.80 and $14, indicating a growth of 13% to 15% [4]. Analyst Ratings and Price Targets - TD Cowen analyst Bryan Bergin raised the price target on Global Payments from $90 to $91, maintaining a Hold rating, citing a healthy outlook for 2025 and 2026 [1][3]. - RBC Capital also increased its price target from $95 to $97 while keeping a Sector Perform rating, expressing positivity following the Q4 earnings beat and noting that the FY2026 outlook is 'appropriately level-set' [4]. Company Strategy - CEO Cameron Bready highlighted that 2025 was a transformative year for Global Payments, focusing on repositioning the business as a unified, streamlined operating company while achieving strong financial results [3]. - Global Payments provides payment technology and software solutions for card, check, and digital payments across the Americas, Europe, and the Asia-Pacific, operating through Merchant Solutions and Issuer Solutions segments [4].