On Nov 14, major Wall Street analysts update their ratings for $Shift4 Payments (FOUR.US)$, with price targets ranging from $106 to $125.
UBS analyst Timothy Chiodo maintains with a buy rating, and adjusts the target price from $100 to $125.
Wells Fargo analyst Andrew Bauch maintains with a buy rating, and maintains the target price at $110.
Mizuho Securities analyst Dan Dolev maintains with a buy rating.
Piper Sandler analyst Clarke Jeffries maintains with a buy rating, and adjusts the target price from $93 to $120.
Seaport Global analyst Jeff Cantwell maintains with a buy rating, and maintains the target price at $106.
Furthermore, according to the comprehensive report, the opinions of $Shift4 Payments (FOUR.US)$'s main analysts recently are as follows:
Shift4 Payments experienced an unexpected shortfall and reduced guidance on volumes, which is attributed to a decline in consumer spending within the restaurant and hospitality sectors, weather-related impacts, and a slower pace of growth in international markets than anticipated. Despite this, the stock only saw a modest decline after a significant rally. This can possibly be explained by the fact that the lower end of the guidance for Q4 revenues and adjusted EBITDA saw a slight increase, there was a 32% quarter-over-quarter growth in the volume backlog amounting to $33B, and the annualized Q4 adjusted EBITDA aligns with the consensus for 2025. Additionally, there's a current market trend favoring small to mid-cap companies.
Shift4 Payments experienced a miss in Q3 net revenues, gross profit, and end-to-end volumes, attributed to softer consumer spending. Despite the third quarter's complexities, it is believed that strategic initiatives and the addition of new deals will underpin a sustainable organic revenue growth exceeding 20% for several years.
The company's Q3 performance in terms of volume and net revenue did not meet the expectations as per the market predictions. Despite not offering fiscal 2025 guidance, the leadership team implied a strong confidence in the company's future prospects. It is believed that investors will have a favorable view of the company's growth potential moving forward, even though the Q3 outcomes were not as robust as anticipated.
Here are the latest investment ratings and price targets for $Shift4 Payments (FOUR.US)$ from 6 analysts:
Note:
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