Goldman Sachs Boosts Global Payments Price Target to $94.00

Global Payments Inc (NYSE:GPN), a worldwide provider of payment technology and software solutions, received a price target boost from The Goldman Sachs Group. Analysts at the investment firm raised their forecast for Global Payments' stock price to $94.00, representing a potential upside of 7.40% from its previous close.

This is not the only positive update for Global Payments this week. On August 5th, the company reported quarterly earnings that exceeded analyst estimates, with adjusted EPS coming in at $3.46. The firm's Genius payments platform was highlighted as a key contributor to earnings performance.

However, Global Payments also lowered its full-year guidance, projecting fiscal 2026 adjusted EPS of $13.60-$13.80, below the $13.84 analyst consensus.