FOUR Stock Recent News

Fintech firms focus on using technology to enhance financial services, including payments, banking, and financial management. Among some of the more popular services that such companies deliver are cryptocurrencies, “buy now, pay later,” peer-to-peer payments, payments to businesses, and consumer banking.

Shift4 stock dropped after its CEO said it's received bids that undervalue the company. The stock could potentially double in a takeover based on the value of other comparable companies.

While the innovation space seemingly lacks no shortage of interest, not every enterprise benefits from the spotlight, which brings us to tech stocks ready to rebound. Yes, there are indeed certain compelling tech plays that aren't getting the attention they deserve.

Analysts think this stock should be worth 30% more.

FY23 witnessed significant growth in end-to-end payment volume, subscription revenue, and total revenue, driven by increased merchant adoption in new verticals, strategic acquisitions, and the next-gen SkyTab POS system. Shift4 achieved impressive growth in gross profit and gross margin, outpacing revenue growth, and thus, profitability. Continued margin improvements are anticipated in FY24. Shift4's current premium valuation is justified by its demonstrated self-sustainability, superior growth trajectory, and improving margins.

Shift4 is exploring a sale of the company but it's not getting the offers that it's looking for. For patient investors, allowing the company to grow and compound returns could be far more rewarding.

Shift 4 stock sold off Monday after CEO Jared Isaacman reportedly told staff that takeover bids didn't "sufficiently value" the payments firm.

Shift4 Payments' CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News reported Sunday (March 17), citing an eternal memo.

Payments processor Shift4 Payments' Chief Executive Officer Jared Isaacman said bids from potential contenders have failed to "sufficiently value" the company, Bloomberg News reported on Sunday.

Although the revenue and EPS for Shift4 Payments (FOUR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.