Latest news with #Shift4Payments
Yahoo
5 days ago
- Business
- Yahoo
Shift4 Gets Mixed Analyst Views as UBS Downgrades, Goldman Reinstates with Buy
Shift4 Payments Inc. (NYSE:FOUR) is one of the. On August 6, 2025, UBS lowered its rating on the stock from Outperform to Buy and cut the price target from $125 to $115. The firm cited a weaker-than-expected ramp in enterprise activity despite a healthy $35 billion backlog. End-to-end payment volume slightly missed expectations for the second quarter, and UBS flagged delayed implementations among larger clients. While the Global Blue acquisition is expected to contribute approximately $300 million in revenue and $125 million in EBITDA during the second half of the year, UBS noted that execution risk remains. On the same day, Goldman Sachs reinstated coverage of Shift4 with a Buy rating and issued a price target of $104. The firm described Shift4 as a compelling growth story, highlighting the company's acquisition-led strategy as a way to scale without incurring high customer acquisition costs. The Global Blue deal was emphasized as a key example of that approach, allowing the company to expand its footprint in high-end international markets while maintaining capital efficiency. Shift4 Payments Inc. (NYSE: FOUR) provides integrated payment processing and business solutions for merchants in hospitality, food and beverage, stadiums, casinos, e-commerce, and specialty retail. The company's ecosystem includes secure payment platforms, software integrations, and analytics tools that support over 200,000 businesses across the United States and abroad. While we acknowledge the potential of FOUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
7 days ago
- Business
- Time of India
Jeff Bezos' Blue Origin now accepts cryptocurrency payments for space flights; here's how to book your rocket ticket
Blue Origin, the pioneering space exploration company founded by Jeff Bezos , has taken a bold step into the future by accepting cryptocurrency payments for its space tourism flights. This initiative allows customers worldwide to book seats on Blue Origin's New Shepard suborbital rockets using a variety of digital currencies including Bitcoin , Ethereum, Solana, USDT, and USDC. By partnering with Shift4 Payments, a leading payment processor specializing in digital transactions, Blue Origin has simplified the payment process for crypto holders, providing a seamless and secure way to enter the new frontier of commercial space travel . This move not only expands accessibility but also represents a significant integration of cryptocurrency into the emerging luxury space tourism market. How to book your Amazon rocket ride with crypto Booking a trip on Blue Origin's New Shepard rocket using cryptocurrency is straightforward and user-friendly. To secure your seat, you start by placing a fully refundable deposit of $150,000 USD. This deposit is made through Blue Origin's official website reservation system, where you can directly connect your crypto wallets such as Coinbase or MetaMask to pay with Bitcoin, Ethereum, Solana, USDT, or USDC. Payment is processed via their partnership with Shift4 Payments, ensuring a secure and seamless transaction experience. This deposit locks in your place on the flight, which lasts approximately 11 minutes and takes travelers just beyond the Karman Line—the internationally recognized boundary of space—offering a memorable experience of weightlessness and stunning views of Earth. Payment in crypto allows quick processing without traditional banking delays, making spaceflight booking more accessible for digital currency holders. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Best Method for a Flat Stomach After 50 (It's Genius!) Lulutox Undo Cryptocurrency payment integration Blue Origin's ability to accept digital currencies stems from its strategic collaboration with Shift4 Payments, an industry leader in payment gateways that facilitates reliable and swift cryptocurrency transactions. This partnership enables support for a wide range of cryptocurrencies, granting customers the flexibility to pay with their preferred digital assets. Utilizing crypto wallets for payments ensures transactions are processed instantly, bypassing slow clearing times or traditional banking complications. By leveraging cutting-edge blockchain technology, Blue Origin delivers a user experience aligned with the innovative spirit of space exploration and fuels the broader adoption of cryptocurrencies in high-value, experiential purchases. Why accept crypto for space tourism? Blue Origin's acceptance of cryptocurrencies reflects its commitment to technological innovation and financial inclusivity. As cryptocurrencies gain mainstream adoption and global use expands, targeting this growing demographic of digital asset holders allows Blue Origin to tap into a new customer base eager to merge their passion for technology with extraordinary experiences. Cryptocurrency acceptance positions Blue Origin at the intersection of two transformative industries—space travel and blockchain technology—highlighting the company's vision to lead by embracing emerging trends. Additionally, crypto payments introduce advantages such as faster settlement times, reduced transaction fees, and increased security, all of which enhance the booking experience for customers. What to expect on your New Shepard flight The New Shepard suborbital flight is designed to offer a unique, exhilarating experience lasting around 11 minutes. Passengers are propelled beyond Earth's atmosphere, crossing the Kármán Line, where they can experience several minutes of weightlessness and gaze upon the stunning curvature of the Earth from space. The flight aims to inspire and broaden humanity's access to space, providing a glimpse of the cosmos that was once reserved only for professional astronauts. The rocket's design prioritizes safety, comfort, and awe-inspiring views, making it a profound journey for space enthusiasts and first-time travelers alike. Future of space tourism and payments By pioneering cryptocurrency payments in space tourism, Blue Origin is not only diversifying its customer base but also setting a new standard for luxury and experiential travel industries. As space tourism scales and becomes more accessible, the integration of blockchain technology could become a widespread norm for high-value bookings, accelerating digital currency adoption globally. This innovation signifies a future where digital and decentralized finance plays an integral role in how consumers engage with premium services. Blue Origin's approach may inspire other sectors to explore cryptocurrency as a payment alternative, further blurring the lines between advanced technology and everyday luxury experiences.
Yahoo
08-08-2025
- Business
- Yahoo
Shift4 faces CFO, board departures
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Shift4 Payments experienced leadership upheaval this week as the company's chief financial officer switched roles with a board member and the founder's father resigned from the board. CFO Nancy Disman resigned on Tuesday, telling the company's board she'll step down Sept. 1, and a member of the Allentown, Pennsylvania-based payment processor's board of directors, Christopher Cruz, will take her place, according to a Tuesday filing with the Securities and Exchange Commission. "It is with careful consideration that I made the difficult decision to retire from my role as CFO," Disman told investors during prepared remarks in a Tuesday earnings call. She will remain with Shift4 in an advisory role until the end of the year, she added. Company founder Jared Isaacman's father, Donald Isaacman, also stepped down from the board of directors as of Tuesday, the filing said. Jared Isaacman was tapped by President Trump to run NASA in December, but the president pulled his nomination in late May. The younger Isaacman returned to the company as executive chairman — he was previously the CEO — in June, and then president Taylor Lauber was named the new CEO. Disman was named one of the company's board of directors, a position she will take after she officially steps down as CFO, according to the SEC filing. Her eventual replacement, board member Christopher Cruz, will take over the role the day she steps down. Cruz has been a member of Shift4's board since the company went public in 2020. The bulk of his previous experience is in investing, and he has been involved in multiple companies, according to Shift4's 2024 proxy statement. He served as a partner at the investment management firm Searchlight Capital and was a member of the investment team at Oaktree Capital Management, the proxy statement said. Cruz will be paid an annual base salary of $500,000, along with a signing bonus of $2 million and the possibility of additional annual cash bonuses of $500,000. Additionally, Jordan Frankel, who has been the company's general counsel and executive vice president of legal, risk and compliance since 2014, according to Shift4's latest proxy statement, will become the chief legal officer, the company said. Frankel will be paid a base salary of $335,000 under a new three-year contract, with the possibility of bonuses. He had the same base salary in 2024, the proxy statement said. Donald Isaacman has been with the company since it was founded in 1999, and previously served as the company's president and had a place on Shift4's board of managers from 1999 to 2020, the proxy statement said. The transition is unlikely to impact the company's bottom line, according to analysts. "While the CFO change was unexpected, we do not expect any significant changes to operations, the [mergers and acquisitions] playbook or guidance philosophy given Chris Cruz's experience with the company," Stephens analysts wrote in a Wednesday note to investors. Disman served on Shift4's board from 2020 to 2022, before she was named CFO. Prior to that, she was the CFO for the cloud-based technology company Intrado from 2017 to 2020, according to the proxy filing. She was also CFO of the payments companies Total Systems Services and TransFirst, the filing said. Disman replaced Bradley Herring, who joined Shift4 as CFO in 2019. The resignation of a board member happening in conjunction with a CFO's decision to step down is unusual, but Stu Novick, analyst for the investment service Gimme Credit, says there doesn't appear to be part of a broader company problem. "I don't think these things are ever perceived to be great for companies that are doing well, but I also don't think there is anything bad going on there," he said. Novick noted that Disman won't step down right away. "The fact that she is sticking around and joining the board suggests to me that there's nothing funny going on," he said. A Shift4 spokesperson declined to comment on the CFO transition and the senior Isaacman's decision to step off the board. Company executives also outlined the plans for Global Blue — a Swiss hospitality payment services provider that Shift4 finished acquiring in July — in Tuesday's earnings call. The Allentown, Pennsylvania-based payment processor intends to market its payment products to Global Blue's customers, particularly Shift4's SkyTab point-of-sale system, Shift4 CEO Taylor Lauber said in prepared remarks during the earnings call. The company aims to add 45,000 more merchants to SkyTab by the end of the year, he said, although he did not say how many the processor has added to the POS service so far in 2024. "I have already personally entertained productive conversations with a number of key Global Blue customers, both at the executive level and in physical stores," Lauber said. The company's stock tumbled on Tuesday following the earnings report, which likely stemmed from the processor's overall payment volume coming in slightly lower than expected, Novick said. "People are concerned that the growth trajectory is lower than previously anticipated" by roughly four percentage points, he said. The company's payment volume was up 25% in the second quarter compared to the same quarter in 2024, according to the earnings report. That bodes well for the processor's future, Novick said. But Novick emphasized that Shift4's payment volume is still up 25% year-over-year, which bodes well for the company's future. However, the payment processor faces potential headwinds in the event of economic uncertainty. The digital payments firm is known for working with restaurants, hotels and entertainment venues, such as sports stadiums, which rely on discretionary spending, making Shift4 particularly vulnerable to an economic downturn, he said. Other analysts shared these concerns."Downside risks [to Shift4] include exposure to discretionary spending categories," analysts for Truist Securities wrote in a note to investors Tuesday. Shift4 reported second-quarter net income of $41.1 million, which dropped about 25% from the $54.5 million in net income the company reported for the same quarter in 2024, according to a quarterly earnings report. The payment processor reported $966.2 million in total revenue for the quarter, a roughly 17% increase from the $827 million it reported in the year-ago quarter, according to the report. 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Yahoo
06-08-2025
- Business
- Yahoo
Shift4 Payments (FOUR) Closes Down 15% on Dismal Q2 Income
We recently published . Shift4 Payments, Inc. (NYSE:FOUR) is one of the worst-performing stocks on Tuesday. Shift5 Payments fell back below the $100 territory on Tuesday, closing 15.43 percent lower at $86.43 apiece as investor sentiment was dampened by a disappointing earnings performance in the second quarter of the year. In its earnings release, Shift4 Payments, Inc. (NYSE:FOUR) said net income attributable to shareholders declined by 37.5 percent to $24.5 million from $39.2 million in the same period last year. Gross revenues, however, increased by 16.8 percent to $966.2 million from $827 million year-on-year. Analysts expected the company to post $982.95 million in revenues. Attributable net income also decreased by 31 percent to $41.2 million from $59.8 million, while gross revenues grew by 20 percent to $1.8 billion from $1.5 billion year-on-year. For full-year 2025, Shift4 Payments, Inc. (NYSE:FOUR) targets to hit $1.965 billion to $2.035 billion in revenues, or 45-50 percent higher year-on-year. In the third quarter alone, gross revenues are expected to hit $590 million. While we acknowledge the potential of FOUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
05-08-2025
- Business
- Yahoo
Why Is Shift4 Payments Stock Falling Tuesday?
Shift4 Payments (NYSE:FOUR) stock plunged Tuesday after it reported fiscal second-quarter 2025 results. The company reported quarterly gross revenue growth of 17% year-on-year (Y/Y) to $966.20 million, missing the analyst consensus estimate of $982.95 million. The payment processing company's adjusted EPS of $1.10 missed the analyst consensus estimate of $ revenue improved from $755.8 million a year ago to $868.5 million. Subscription revenue was $97.7 million, up from $71.2 million a year ago. Gross revenue minus network fees improved to $413.4 million versus $320.6 million a year ago, up 29% Y/Y. End-to-end payment volume climbed 25% Y/Y to $50.1 billion. Adjusted EBITDA improved 26% Y/Y to $205.1 million. The margin declined 100 bps to 50%. View more earnings on FOUR Shift4 CEO Taylor Lauber said the company delivered strong second-quarter results, achieving record payment volume, revenue, and adjusted EBITDA. He credited the growth to stable payment spreads, a more diversified business mix, and strong performance across key verticals like hotels, restaurants, and entertainment. Lauber highlighted the successful close of the Global Blue acquisition, which added a new vertical, luxury retail, and expanded Shift4's reach to six continents. He expects Global Blue to contribute $330 million in revenue and $125 million in adjusted EBITDA for the rest of 2025, significantly boosting the company's cross-sell opportunity. He also announced a leadership change. CFO Nancy Disman will retire at year-end and rejoin the board, while Chris Cruz, a longtime board member and investor, will step in as the new CFO. Lauber reaffirmed Shift4's progress toward its medium-term targets, including a $1 billion free cash flow run rate. Outlook Shift4 expects fiscal 2025 gross revenue minus network fees outlook of $1.965 billion-$2.035 billion (prior $1.35 billion–$1.36 billion). The company expects fiscal end-to-end payment volume of $200 billion-$220 billion (prior $164 billion–$166 billion). It projects a fiscal adjusted EBITDA of $965 million-$990 million (prior $677 million–$688 million). Shift4 expects third-quarter gross revenue minus network fees of ~$590 million and adjusted EBITDA of ~$290 million. Price Action: FOUR stock is trading lower by 17.7% to $84.12 at last check Tuesday. Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Why Is Shift4 Payments Stock Falling Tuesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
