Loading...Loading...RBC Capital analyst Daniel Perlin reiterated PayPal Holdings Inc PYPL with an Outperform and a $84 price target.PayPal has called out fiscal 2024 as a transition year to set the company up for long-term profitable growth, Perlin noted.The combination of fresh leadership, better aligned to drive transaction margin improvement specifically, and management commentary during the quarter gave the analyst incremental conviction of the profitable growth transition.Perlin’s increased conviction ...

InvestorPlace contributor David Moadel predicted in early June that PayPal (NASDAQ:PYPL) stock, because of a combination of factors, should hit $90 in the next 12 months. I said in late March that it was time to buy PayPal stock given it was up 34% from its five-year low in October 2023. However, since then, it’s lost about 10% of its value. It just doesn’t seem to be able to get any momentum going, which makes getting to $90, a 52% gain from current prices, a herculean task. My colleague leans on the compa ...

alexsl PayPal Holdings, Inc. (NASDAQ:PYPL) has been gaining investor attention throughout the first half of 2024, driven by its beaten-down valuation, fresh growth strategies, and several high-profile bets made by famed money managers. While longtime shareholders largely view the stock with disgust following its 80% decline over a 3-year period, others are taking the opportunity to jump in at these depressed levels. The hordes of optimistic PayPal shareholders include not only value investors enamored w ...

Paypal (PYPL) ended the recent trading session at $58.26, demonstrating a -1.8% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.49%.Coming into today, shares of the technology platform and digital payments company had lost 4.57% in the past month. In that same time, the Computer and Technology sector gained 5.94%, while the S&P 500 gained 3.22%.Investors will be eage ...

If you’re scouting for fintech stocks to buy, now is the right time to hop in.The fintech space is ripe with potential. Digital banks are at the forefront, transforming how we interact with our finances through easy-to-use interfaces. This shift is not just a technological one. It is about creating opportunities for investors willing to get on the board of a wave of significant development.According to Fortune Business Insights, the global fintech market is projected to skyrocket from $294.74 billion in 202 ...

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short June 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

chameleonseye PayPal (NASDAQ:PYPL) (NEOE:PYPL:CA) stock has continued to face negative sentiment from Wall Street and has been range-bound between $55-$65 for the last few quarters. On the other hand, the company is showing silver linings in terms of key metrics. The EPS growth trajectory is reaching the trend we saw before the pandemic. Between 2015 and 2019, PayPal’s TTM diluted EPS increased from $0.8 to $2.1 which is equal to 22% CAGR. The recent quarterly GAAP EPS growth was 18%. The forward EPS gr ...

Loading...Loading...Goldman Sachs analyst Will Nance assumed PayPal Holdings PYPL with a Neutral rating and a price target of $69.PayPal shares are near their lowest level since 2017, as the market has increasingly become worried about PayPal's competitive positioning in online payment processing and increasing competition from mobile and web-based wallets, which compete with PayPal's branded checkout experience, Nance noted.While the analyst’s base case is for PYPL branded to continue to lag overall e-comm ...

Yulia Romashko/iStock via Getty ImagesApple (AAPL) just released some payment products with a potential direct impact on PayPal Holdings, Inc. (NASDAQ:PYPL) (NEOE:PYPL:CA). The global payments company offers an intriguing value, yet questions about growth linger, especially following a disappointing innovation event earlier this year. My investment thesis remains Bullish on the stock due to valuation, with the mobile payments company generating billions in annual cash flow while the stock trades at mult ...

When a turnaround happens, investors win.In the non-investing world, PayPal Holdings (PYPL 1.35%) is still the king of its castle. It has an incredibly strong brand and processed over $400 billion in total payment volume in just the latest quarter alone. It's an option for payment nearly everywhere online you're shopping, and you can now do many more things beyond peer-to-peer payments on its personal finance app.But if you're in the investing world, you know that PayPal stock has lost its luster. It's down ...