Benchmark maintains 'Buy' for Shift4Payments, adjusts PT; sees it as undervalued despite growth

Shift4 Payments

10/11/2025 15:42

** Benchmark reiterates "buy" rating on payments processor Shift4Payments  but adjusts PT to $100 from $111, a more than 50% upside to stock's last close

** Brokerage sees stock as being significantly undervalued due to its "messy narrative" despite posting strong third-quarter results

** FOUR's payment volume grew 26% year-on-year to $54.7bn, nearly four times higher than the same quarter back in 2021

** "We continue to view the company’s shares as very undervalued relative to its strong top- and bottom-line growth rates and to peers in the POS space." Benchmark says

** 16 of 22 brokerages rate stock "buy" or higher, six "hold"; median PT is $95.50 - data compiled by LSEG

** Including session's last move, FOUR down ~33.9% YTD

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))