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On Wednesday, DA Davidson’s analyst Peter Heckmann announced an increase in the price target for Shift4 Payments (NYSE: FOUR) shares to $140.00, up from the previous target of $126.00. Currently trading at $116.58 with a market capitalization of $10.5 billion, the stock has shown remarkable momentum with a 60.87% gain over the past six months. The firm reaffirmed its Buy rating on the stock. The adjustment comes ahead of the company’s fourth-quarter earnings report, which is set to be released after market close on Tuesday, February 18, 2025. InvestingPro analysis reveals 11 additional investment tips for Shift4 Payments, available to subscribers.
Shift4 Payments is also slated to hold a conference call at 4:10 PM ET on the same day as the earnings release. Later that evening, the company will host an Investor Day event in Las Vegas. With a strong revenue growth of 31.37% and an "GREAT" financial health score according to InvestingPro, analysts, including Heckmann, anticipate that Shift4 Payments will achieve or slightly surpass the current forecasts and consensus estimates.
Heckmann’s optimism is based on expectations that the company will introduce its initial financial guidance for the year 2025 during the upcoming Investor Day. The guidance is likely to align with or exceed the current forecasts and consensus. The analyst’s confidence in the company’s performance is reflected in the reiterated Buy rating and elevated price target.
Shift4 Payments’ upcoming earnings report and subsequent Investor Day are critical events that will provide investors with a clearer picture of the company’s financial trajectory and strategic direction. With the new price target set by DA Davidson, the market will be closely watching how the company’s actual performance measures up to analyst expectations and guidance for the future.
In other recent news, Shift4 Payments has been the subject of several analyst reports. On one hand, BTIG analyst Hal Goetsch raised the price target for Shift4 Payments to $140 from the previous $118, reiterating a Buy rating for the stock. Goetsch’s optimism is tied to the company’s upcoming Investor Day and the projection of at least 20% organic growth for fiscal year 2025. On the other hand, Benchmark downgraded shares of Shift4 Payments from Buy to Hold following the announcement that the company’s founder and CEO, Jared Isaacman, is set to leave his role after being nominated by President-elect Trump to become the next Administrator of NASA.
Despite Isaacman’s departure, both Keefe, Bruyette & Woods and Raymond (NSE:RYMD) James maintained their Outperform rating on Shift4 Payments. The firms expressed confidence in the company’s ability to navigate leadership transition and sustain performance. These recent developments highlight the ongoing analysis and projections from various firms about Shift4 Payments. Despite the changes in leadership, the company continues to hold a significant position in the market, with analysts highlighting its robust management and potential for future growth.
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