How much is the stock estimated to be undervalued?

Morgan Stanley estimates the stock is 11% undervalued.

What are the main reasons for the upgrade?

Key reasons include strong execution, positive product feedback, and capital returns.

How has Global Payments stock performed recently?

The stock posted a one-month return of 23.16% and a year-to-date return of 9.06%.

Morgan Stanley Upgrades Global Payments: Stock 11% Undervalued

Morgan Stanley upgraded Global Payments (GPN) to Overweight, estimating the stock is 11% undervalued. The upgrade follows a strong short-term performance by the stock.

July 21, 2026

2 min read

Source: Simply Wall St.

Key Numbers

one month return

23.16%

ytd return

9.06%

five year tsr

-54.75%

Morgan Stanley upgraded Global Payments (GPN) to Overweight, suggesting the stock could be 11% undervalued. Analysts highlighted strong execution, positive product feedback, and capital returns as key drivers.

Rating Change

Previously, Morgan Stanley rated GPN at Equal-weight (neutral). The new Overweight rating indicates an optimistic outlook.

Analyst Rationale

Morgan Stanley analysts see improved operational execution at Global Payments, with positive customer feedback on its products. The company's capital return policy, including share buybacks and dividends, also adds to the stock's appeal.

Context

The upgrade comes after a strong short-term run, with the stock posting a one-month return of 23.16% and a year-to-date return of 9.06%. However, the 5-year total shareholder return remains negative at -54.75%, indicating past volatility.

Conclusion

Morgan Stanley's upgrade reflects a positive view on Global Payments' prospects, but investors should consider the weak long-term performance. Thorough analysis is recommended before making investment decisions.

Frequently Asked Questions

Morgan Stanley upgraded the stock from Equal-weight to Overweight.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.