GPN

AI Research

Goldman reinstates + $1B debt refinance → 2026 EPS guidance $13.80-$14.00 (+13-15%)

Global Payments completed a $1 billion senior notes offering on March 12 to bolster financial flexibility and provided 2026 guidance of 5% constant currency revenue growth with 150 basis points margin expansion and adjusted EPS of $13.80-$14.00 (13-15% YoY growth). Goldman Sachs reinstated coverage with a Neutral rating on March 9, while 13 analysts recommend buying and only 2 suggest selling with average price target of $101.85. The stock trades at $75.65 as of March 6, offering potential upside if execution on guidance is achieved.