Global Payments Inc. (NYSE: GPN) shares reached a 52-week high of $95.59 on Monday before trading at $95.65, extending a 2026 rally that has delivered a 21.65% year-to-date return.
Analysts at Cantor Fitzgerald, Wolfe Research and RBC Capital raised price targets on the payment processor, citing an improved business outlook and strategic progress. Cantor Fitzgerald lifted its target to $91 from $76 while maintaining a Neutral rating. Wolfe Research set a new target of $110 and upgraded its rating to Outperform. RBC Capital raised its target to $102 from $96, keeping a Sector Perform rating.
The stock’s advance follows second-quarter results that met adjusted earnings expectations but fell short on revenue. Adjusted earnings per share were $3.46, in line with Wall Street forecasts, but revenue totaled $3.16 billion, about $10 million below estimates. Management attributed the shortfall to weaker travel-related volumes amid ongoing geopolitical tensions in the Middle East.
Global Payments’ market capitalization stands at $25.08 billion. InvestingPro analysis suggested the stock may be undervalued at current levels based on its fair-value assessment. RBC Capital noted that the recent completion of the WP transaction and asset sales had simplified the company’s business profile, supporting its higher valuation.
Wolfe Research’s upgrade reflected updated guidance and a positive outlook for 2027, despite conservative assumptions for the latter half of 2026.
