PayPal(PYPL)

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PayPal Stock: This Rally May Be Just The Beginning
Seeking Alpha· 2024-10-03 13:01
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.After I initiated coverage of PayPal Holdings (NASDAQ: PYPL ) stock at the end of January 2024 , the stock price initially went nowhere and remained in its usual price channel for several months, which began inHe leads the investing group Beyond the ...
PayPal Stock Is Up 20% in 2 Months. Here's Why the Stock Could Double From Here
The Motley Fool· 2024-10-03 11:50
PayPal's stock is just getting started.These past few weeks have been a welcome change if you're a PayPal (PYPL -0.04%) investor. Instead of the stock moving sideways after its dramatic decline, it finally showed some life and rallied as much as 20%. The stock still has a long way to go -- it's still down 75% from its all-time highs. However, the recent rebound could be the beginning of a much larger move, and investors who missed out on the first part of the rally have the opportunity to participate in a m ...
You'll Never Believe Which Beaten-Down Financial Stock Is Suddenly Outperforming the S&P 500 in 2024
The Motley Fool· 2024-10-01 14:07
It might have just taken a little time for the wheels on this turnaround to get some traction on the road to recovery.Looking back more than 50 years, the S&P 500 goes up about 10% every year. But don't tell that to the market in 2024. As of Sept. 27, the S&P 500 is up over 20%, making this an above-average year so far and there are still three months to go.Beating the S&P 500 over the long haul is hard enough, and beating the market in a good year can be even harder. But if you bought shares of financial t ...
PayPal CEO's first year was praised by Wall Street, but hard part starts now for struggling payments company
CNBC· 2024-10-01 10:00
In this articlePYPLAlex Chriss, CEO of PayPal Inc.Courtesy: PayPalIn January, about a hundred days into his job as PayPal CEO, Alex Chriss told CNBC's David Faber that the payments company hadn't had much to celebrate in recent years. But Chriss confidently said he was prepared to "shock the world.""I love being an underdog," Chriss said in an interview on "Squawk on the Street," from the floor of the New York Stock Exchange. He was responding to a question about a recent spate of analyst downgrades.Dan Dol ...
Paypal (PYPL) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-30 22:51
In the latest market close, Paypal (PYPL) reached $78.03, with a +0.19% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%.The technology platform and digital payments company's stock has climbed by 7.52% in the past month, exceeding the Computer and Technology sector's gain of 1.78% and the S&P 500's gain of 2.06%.The upcoming earnings release of Paypal will be of great inte ...
PayPal Soars To New Heights: Why Analysts See More Upside
Benzinga· 2024-09-30 17:01
There aren't many deals to consider for further value in the technology sector. However, one stock is looking to change that narrative by delivering on previous promises. Shares of PayPal Holdings Inc. PYPL have recently made a new 52-week high, now trading near $80 a share for the first time since the first quarter of 2023. The issue becomes whether they can sustain this new price or even reach a higher valuation. According to a few Wall Street analysts, PayPal may be able to do this in the coming quarters ...
PayPal Will Allow Businesses to Buy and Sell Crypto
CNET· 2024-09-28 22:17
PayPal is launching a new service to allow businesses to buy, hold and sell cryptocurrency, making it much easier for US merchants to use crypto for payments.Although the company already allowed its PayPal and Venmo users with consumer accounts to use bitcoin and other virtual coins via its online wallets, it's now rolling out similar capabilities to businesses. The effort marks a major play in expanding the functionality of digital assets for businesses. It comes as cryptocurrency has gained wider market a ...
Paypal (PYPL) Is Up 9.50% in One Week: What You Should Know
ZACKS· 2024-09-26 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
PayPal Targets China With Complete Payments Platform Launch
PYMNTS.com· 2024-09-26 15:27
PayPal launched its PayPal Complete Payments platform in China, saying the solution will streamline payment and receivables processes for businesses of all sizes and support their cross-border transactions.Chinese businesses can use the platform to build trust with their customers and offer a variety of payment options, the company said in a Thursday (Sept. 26) press release.“This launch marks a significant milestone in PayPal’s mission to revolutionize commerce globally, bridging Chinese businesses with co ...
PayPal Business Account Holders Can Buy, Hold, Sell Crypto
PYMNTS.com· 2024-09-25 23:33
PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business accounts.The company also now enables PayPal business account holders to send and receive supported cryptocurrency tokens to and from external blockchain accounts, PayPal Holdings said in a Wednesday (Sept. 25) press release.The addition of these capabilities for business account holders follows the 2020 announcement that consumers could buy, hold and sell cr ...