Global Payments, a fintech company that provides crucial services to retailers and banks, has seen a significant decline in its stock price for the past five years. The company hopes to gain a significant share of the merchant acquisition market through the purchase of Worldpay and the introduction of a point-of-sale system. Major restructuring in 2025 sharpened Global Payments' strategic focus and has reduced costs and shed assets. With the help of activist investor Elliott Management, the company is integrating its acquisition with Worldpay. This move could boost its stock, or attract private equity firms interested in the payments space. The forward earnings multiple has been brought down to just 4.9 times, below its five-year average of roughly 15 times and a peak of 25 times. Global Payments also trades at a substantial discount to competitors such as Fiserv, Fidelity National Information Services, PayPal, Shift4 Payments and Toast. Despite this, some analysts worry that the company could remain tied to brick-and-mortar spending and miss the shift towards agentic commerce. The firm expects adjusted net revenue growth of 2% in 2025 compared to 6% in 2021.