Fintech Stocks: Analyst Foresees Revenue Surge for BILL, Flywire, Global Payments, Mastercard and Shopify
Portfolio Pulse from Anusuya Lahiri
Seaport analyst Jeff Cantwell initiated coverage of the fintech sector, including BILL Holdings, Fiserv, Fidelity National Information Services, Flywire Corp, Global Payments, Mastercard, PayPal Holdings, Shopify, Block, and Visa. Cantwell predicts a revenue surge for many of these companies, with BILL, Flywire, Global Payments, Mastercard, and Shopify receiving a 'Buy' rating. Fiserv, Fidelity National Information Services, Block, PayPal, and Visa received a 'Neutral' rating.
October 12, 2023 | 7:46 pm
News sentiment analysis
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POSITIVE IMPACT
BILL Holdings receives a 'Buy' rating with a $144 price target. The company's combination of best-in-class AP/AR software and emerging flywheel, including Divvy, Invoice2Go, and Finmark, create a compelling long-term bull case for the shares.
The analyst's positive outlook on BILL Holdings is based on its strong software offerings and expected revenue growth. This could lead to a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Flywire Corp receives a 'Buy' rating with a $40 price target. The company is expected to achieve annual revenue growth of 30% as it continues to penetrate the sizeable TAMs of its four key verticals.
The analyst's positive outlook on Flywire Corp is based on its expected strong revenue growth. This could lead to a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Global Payments receives a 'Buy' rating with a $140 price target. The company is expected to accelerate its revenue and earnings growth in the next two years.
The analyst's positive outlook on Global Payments is based on its expected acceleration in revenue and earnings growth. This could lead to a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Mastercard receives a 'Buy' rating with a $465 price target. The company's EPS growth is expected to be in the mid-to-high teens in FY24 and FY25.
The analyst's positive outlook on Mastercard is based on its expected EPS growth. This could lead to a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Shopify receives a 'Buy' rating with a $64 price target. The company is expected to see a substantial expansion in revenue over the next two years.
The analyst's positive outlook on Shopify is based on its expected substantial revenue expansion. This could lead to a positive impact on the company's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90