Added to YB: 2026-03-13
Pitch date: 2026-03-11
FOUR [neutral]
Shift4 Payments, Inc.
-6.57%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$47.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.01
P/E
43.44
EV/Sales
2.14
Sector
Financial Services
Category
turnaround
Shift4: Warning Signs
FOUR (watchlist): Organic rev growth slowed to 12% in 2026 guide vs 26% in 2024, validating bear case that M&A fuels unsustainable 'organic' bursts. Blended spreads fell 3-4bps in Q4. Global Blue headwinds from FX/geopolitics; mid-single-digit growth vs high-single expected. AFCF flat at $500M in 2026, far from $1B 2027 target. Inconsistent disclosure erodes credibility. Cheap at 7.5x 2026 EBITDA but needs to stabilize growth.
Read full article (9 min)