On January 14, Jeff Cantwell of Seaport Global upgraded Global Payments Inc. (NYSE:GPN) from Hold to Buy, setting a price target of $109. The same day, Nate Svensson of Deutsche Bank initiated coverage of the stock with a Hold rating and an $80 price target.
These analyst actions came after the company announced on January 12 that it had acquired Worldpay and divested its Issuer Solutions business. Cantwell stated that the bullish view is based on the company moving past a transition year in 2025.
He added that integrating Worldpay into operations provides a good start for 2026. The firm sees strong upside potential in combining the Global Payments, Worldpay, and Genius businesses. The Genius business is expected to help Worldpay's relevance with small and medium-sized businesses. It is anticipated to support merchants ranging from single locations to those with up to 500 sites.
Global Payments Inc. is a payments technology company providing software and services to customers worldwide.