Wells Fargo Reiterates “Overweight” Rating Global Payments (GPN) With $105 PT; Views 10%+ Pullback As Overdone

Global Payments Inc. (NYSE:GPN), with a forward P/E of 4.81x and upside potential of 28.90%, is among the top 10 lowest forward P/E stocks in the S&P 500.

The stock has faced sharp selling pressure in recent sessions, but multiple Wall Street analysts are pushing back on the move, arguing the market has overreacted to estimate noise rather than any fundamental shift.

On June 4, 2026, Wells Fargo analyst Jason Kupferberg said Global Payments Inc. (NYSE:GPN) shares were lagging peers and that the firm views the 10%-plus pullback as overdone. The stock fell over 13% on June 3, 2026.

As far as Wells Fargo knows, there has been no change in management’s messaging on the second quarter or full year 2026, with the firm characterizing the sell-off as an overreaction to a couple of overdue sell-side estimate cuts. Wells Fargo maintained an “Overweight” rating and a $105 price target.

That followed two analyst updates on June 3, 2026.

Susquehanna cut its price target on Global Payments Inc. (NYSE:GPN) to $111 from $119, keeping a “Positive” rating, after updating its model based on a closer review of public transcripts and travel assumptions. The firm trimmed its second-quarter growth assumption to 3.2%, second-half growth to 5%, and full-year 2026 growth to 4%.

Mizuho, meanwhile, reiterated an “Outperform” rating and an $110 price target, calling concerns about downward revisions overblown.

Mizuho noted that Global Payments Inc. (NYSE:GPN)’s CFO reaffirmed guidance at a conference on May 20, 2026, including roughly 100 basis points of headwind from Middle East operations and tax impacts. The firm estimated approximately 3.5% top-line growth in the second quarter and margins of around 42%, figures it said are roughly in line with guidance.

Global Payments Inc. (NYSE:GPN) provides payment technology and software solutions for card, check, and digital-based payments across the Americas, Europe, and the Asia-Pacific.

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