Truist Lowers Shift4 Payments (FOUR) PT $74 on Uncertainty Over 2026 Organic Volume in Hospitality, Restaurant Sectors

Shift4 Payments Inc. (NYSE:FOUR) is one of the most undervalued NYSE stocks to buy right now. On November 19, Truist analyst Matthew Coad lowered the firm’s price target on Shift4 Payments to $74 from $80 and kept a Hold rating on the shares. This sentiment was announced as part of a broader research note released by Truist on select Payments companies. Coad noted that while the Smartpay acquisition inflated Shift4’s near-term reported volume forecasts (prompting price target adjustments after Q3 2025 results), the firm is lowering its projections for organic volumes. This reduction reflects rising uncertainty about performance within Shift4’s key hospitality and restaurant verticals in 2026.

Earlier in its Q3 2025 earnings call, Shift4 Payments reported an increase of 61% year-over-year in Gross Revenue Less Network Fees, reaching $589 million. The company recorded a total revenue of $1.18 billion in the said quarter, which missed Street expectations by $3.74 million. Despite the miss, this revenue represented a 29.44% rise year-over-year. EPS for the quarter totaled $1.47, missing estimates by $0.01.

Truist Lowers Shift4 Payments (FOUR) PT $74 on Uncertainty Over 2026 Organic Volume in Hospitality, Restaurant Sectors

The company’s strategic acquisitions contributed significantly to its performance. The acquisition of Global Blue has positioned Shift4 as a leader in luxury retail, contributing $156 million to Gross Revenue Less Network Fees. Separately, the company is leveraging recent acquisitions like Smartpay in Australia and Vectron in Germany to efficiently introduce its products into new geographies.

Shift4 Payments Inc. (NYSE:FOUR) provides software and payment processing solutions in the US and internationally. The company distributes its products through independent software vendors, internal sales and support network, enterprises, and value-added resellers.

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Disclosure: None. This article is originally published at Insider Monkey.