Loop Capital Initiates Coverage On Global Payments with Buy Rating, Announces Price Target of $137
Loop Capital analyst Dominick Gabriele initiates coverage on Global Payments (NYSE:GPN) with a Buy rating and announces Price Target of $137.
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Wolfe Research analyst Darrin Peller maintains Global Payments (NYSE:GPN) with a Outperform and raises the price target from $110 to $125.
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Loop Capital analyst Dominick Gabriele initiates coverage on Global Payments (NYSE:GPN) with a Buy rating and announces Price Target of $137.
Global Payments is accelerating growth of its Genius platform, a unified POS and payments solution launched in 2025. In Q2 2026, new Genius locations grew over 50% year-over-year with bookings rising 25% sequentially. The company plans to leverage Worldpay's 30 major U.S. bank partners to expand market reach starting Q4 2026. GPN trades at a significant valuation discount to peers with a forward P/E of 5.52 versus industry average of 17.43, though sustained growth depends on execution.
Global Payments (GPN) has completed its Worldpay acquisition, becoming a pure-play commerce solutions provider. Q2 2026 results showed 33.8% revenue growth to $3.2 billion with normalized revenue growth of 4% and a 70 basis point margin improvement to 42%. The company projects 2026 normalized revenue growth of 4-5% and adjusted EPS of $13.60-$13.80, with successful integration and newer commerce offerings expected to drive future acceleration.