Wells Fargo Reiterates “Overweight” Rating Global Payments (GPN) With $105 PT; Views 10%+ Pullback As Overdone Global Payments Inc. (NYSE:GPN), with a forward P/E of 4.81x and upside potential of 28.90%, is among the top 10 lowest forward P/E stocks in the S&P 500.
The stock has faced sharp selling pressure in recent sessions, but multiple Wall Street analysts are pushing back on the move, arguing the market has overreacted to estimate noise rather than any fundamental shift
On June 4, 2026, Wells Fargo analyst Jason Kupferberg said Global Payments Inc. (NYSE:GPN) shares were lagging peers and that the firm views the 10%-plus pullback as overdone. The stock fell over 13% on June 3, 2026. As far as Wells Fargo knows, there has been no change in management’s messaging on the second quarter or full year 2026, with the firm characterizing the sell-off as an overreaction to a couple of overdue sell-side estimate cuts.
Wells Fargo maintained an “Overweight” rating and a $105 price target. That followed two analyst updates on June 3, 2026. Susquehanna cut its price target on Global Payments Inc. (NYSE:GPN) to $111 from $119, keeping a “Positive” rating, after updating its model based on a closer review of public transcripts and travel assumptions.