Merger Completion: Shift4 Payments has successfully completed a squeeze-out merger with Global Blue Group, resulting in Global Blue merging into a subsidiary of Shift4, which will now operate as a wholly-owned entity.
Shareholder Approval: The merger was approved by Global Blue shareholders during an extraordinary general meeting held on August 18, 2025, leading to the cancellation of remaining shares not previously acquired by Shift4.
Tender Offer Success: Prior to the merger, Shift4 had completed a tender offer on July 3, 2025, acquiring approximately 97.37% of Global Blue's outstanding shares.
Delisting from NYSE: Following the merger, Global Blue's shares will be voluntarily delisted from the New York Stock Exchange as part of the integration into Shift4.
Wall Street analysts forecast FOUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FOUR is 113.75 USD with a low forecast of 90.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
Wall Street analysts forecast FOUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FOUR is 113.75 USD with a low forecast of 90.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
6 Hold
0 Sell
Moderate Buy
Current: 65.910
Low
90.00
Averages
113.75
High
150.00
Current: 65.910
Low
90.00
Averages
113.75
High
150.00
Susquehanna
Positive
maintain
$115 -> $101
Al Analysis
2026-01-08
Reason
Susquehanna
Price Target
$115 -> $101
Al Analysis
2026-01-08
maintain
Positive
Reason
Susquehanna lowered the firm's price target on Shift4 Payments to $101 from $115 and keeps a Positive rating on the shares. The firm says the company's near-term trends look "incrementally softer" with hotel RevPAR expectations slowing. It trimmed Shift4's Q4 estimates ahead of the earnings print.
Keefe Bruyette
Market Perform
downgrade
$84 -> $72
2026-01-02
Reason
Keefe Bruyette
Price Target
$84 -> $72
2026-01-02
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Shift4 Payments to $72 from $84 and keeps a Market Perform rating on the shares. The firm adjusted price targets in consumer finance and payments groups.
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Mizuho
Dan Dolev
Outperform
downgrade
$102 -> $90
2025-12-22
Reason
Mizuho
Dan Dolev
Price Target
$102 -> $90
2025-12-22
downgrade
Outperform
Reason
Mizuho analyst Dan Dolev lowered the firm's price target on Shift4 Payments to $90 from $102 and keeps an Outperform rating on the shares. The firm updated models and targets in the payments, processors and IT services group to reflect recent macro data points and management commentary at investor conferences.
Freedom Capital
Buy
initiated
$80
2025-12-11
Reason
Freedom Capital
Price Target
$80
2025-12-11
initiated
Buy
Reason
Freedom Capital initiated coverage of Shift4 Payments with a Buy rating and $80 price target. The firm says Shift4 is a leading provider of integrated payment processing and software-as-a-service solutions. Shift4, through acquisitions, has achieved the "balanced transformation of becoming a more diversified and globally scaled provider of integrated payments and software," the analyst tells investors in a research note. Freedom views the recent pullback in the shares as providing an attractive entry point.
About FOUR
Shift4 Payments, Inc. is engaged in commerce-enabling technology. The Company is an independent provider of software and payment processing solutions in the United States based on the total volume of payments processed. Its payments platform provides omni-channel card acceptance and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa (EMV), QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay and WeChat Pay. Through its proprietary gateway, its payments platform is integrated with over 550 software suites. It enables connectivity with the payment processors, alternative payment rails and many different payment devices. Its suite of technology solutions includes SkyTab POS, SkyTab Mobile, SkyTab Venue, Lighthouse, The Giving Block, Shift4Shop and Marketplace. Its SkyTab POS offering helps its merchants scale their business and improve operational efficiency.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
