Wall Street closes at a record for the first time since end of January
Investing.com - DA Davidson reiterated a Buy rating and $104 price target on Shift4 Payments (NYSE:FOUR), which has declined 35% over the past six months. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading at $58.98 against a Fair Value of $87.77.
The firm expects Shift4 Payments to report fourth-quarter results early on Thursday, February 26. DA Davidson anticipates the company will meet or modestly exceed its forecasts. InvestingPro Tips indicate that net income is expected to grow this year, with the company maintaining profitability over the last twelve months. Investors can access 5 additional ProTips and comprehensive analysis through the platform’s Pro Research Report.
The firm expects management to provide initial guidance for 2026 with the results, excluding the potential acquisition of Worldline’s North American subsidiaries.
DA Davidson adjusted its financial model to reflect expectations for slightly weaker payment volume growth in the near-term, modestly higher share repurchases, recent changes in foreign exchange rates, and details related to the recent simplification of the company’s corporate structure.
The firm said the net change in its annual forecasts for net revenue, adjusted EBITDA, and non-GAAP EPS are not material.
In other recent news, Shift4 Payments has announced the launch of a stablecoin settlement platform, enabling merchants to receive funds in digital currencies rather than traditional bank transfers. This new service supports stablecoins like USDC, USDT, EURC, and DAI across multiple blockchain networks, including Ethereum and Solana. Additionally, Shift4’s Board of Directors has declared a cash dividend of $1.50 per share on its 6% Series A Mandatory Convertible Preferred Stock, payable on February 2, 2026.
Deutsche Bank has downgraded Shift4 Payments from Buy to Hold due to concerns over the sustainability of the company’s organic growth, despite a reported 18% year-over-year growth in the third quarter of 2025. Mizuho has also lowered its price target for Shift4 Payments to $90.00 from $102.00, citing revised fourth-quarter volume expectations. In a different development, Shift4 founder Jared Isaacman is offering private jet rides to top NASA staff as incentives for exceptional performance. These developments provide a glimpse into the recent activities and strategic moves by Shift4 Payments.
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