Shift4 Payments (FOUR) Falls to 2-Year Low as Profits Plunge 65%

We recently published 10 Stocks Investors Have Ditched. Shift4 Payments Inc. was one of the worst performers on Thursday.

Shift4 fell to a new two-year low on Thursday, as investor sentiment was dented by a 65-percent plunge in its attributable profits last year.

At intra-day trading, the stock dropped to its lowest price of $46.26 before paring losses to finish the session just down by 15.62 percent at $48.41 apiece.

In an updated report, Shift4 Payments Inc. said that its net income attributable to shareholders nosedived to $79 million last year from $230 million in 2024, despite gross revenues increasing by 25 percent to $4.18 billion from $3.33 billion.

In the fourth quarter alone, net profit attributable to shareholders declined by 78 percent to $25 million from $116 million, while gross revenues increased by 34 percent to $1.189 billion from $887 million.

Encouraged by strong revenue results, Shift4 Payments Inc. is targeting gross revenue growth of 26 to 31 percent in full-year 2026, to a range of $2.5 billion to $2.6 billion, while adjusted EBITDA is pegged at $1.165 billion to $1.215 billion, or an implied growth of 20 to 25 percent year-on-year.

In the first quarter, gross revenues are expected to hit $548 million, while adjusted EBITDA is targeted at $233 million, or growth of 38 percent year-on-year.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Follow Insider Monkey on Google News.