Shift4 Payments ( (FOUR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Shift4 Payments’ stock has been under pressure due to its Q1 revenue of $848.3 million, which missed the consensus estimate of $862.06 million. This shortfall has led to cautious investor sentiment and prompted analysts like Redburn Atlantic and Susquehanna to lower their price targets. The company’s strategic move to extend its tender offer for Global Blue adds another layer of complexity to its growth outlook. Despite these challenges, Shift4 Payments remains optimistic about its future, maintaining its FY25 volume outlook and projecting a strong Q2 adjusted EBITDA margin.
More about Shift4 Payments
YTD Price Performance: -26.47%
Average Trading Volume: 1,957,516
Technical Sentiment Signal: Buy
Current Market Cap: $7.1B
For further insights into FOUR stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.