KGI Securities Cuts PayPal (NASDAQ:PYPL) Price Target to $80.00

PayPal (NASDAQ:PYPLGet Free Report) had its target price cut by stock analysts at KGI Securities from $85.00 to $80.00 in a research note issued on Monday,MarketScreener reports. KGI Securities’ price objective indicates a potential upside of 19.83% from the stock’s previous close.

A number of other research analysts have also recently issued reports on the company. Cowen reaffirmed a “mixed” rating on shares of PayPal in a research note on Wednesday, October 29th. Truist Financial boosted their price objective on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a research report on Tuesday, November 4th. BNP Paribas Exane raised their target price on PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Macquarie increased their price objective on PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group boosted their target price on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research note on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $82.94.

View Our Latest Stock Report on PYPL

PayPal Price Performance

PYPL stock opened at $66.76 on Monday. The firm has a 50 day simple moving average of $68.77 and a two-hundred day simple moving average of $70.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market cap of $62.46 billion, a PE ratio of 13.40, a P/E/G ratio of 0.98 and a beta of 1.45. PayPal has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter in the prior year, the firm earned $1.20 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, analysts predict that PayPal will post 5.03 EPS for the current fiscal year.

Insider Activity

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,874 shares of company stock valued at $1,856,968 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Institutional Trading of PayPal

Institutional investors and hedge funds have recently modified their holdings of the stock. Stevens Capital Management LP lifted its stake in PayPal by 8.2% during the 3rd quarter. Stevens Capital Management LP now owns 8,071 shares of the credit services provider’s stock valued at $541,000 after acquiring an additional 614 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in PayPal by 22.9% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 11,800 shares of the credit services provider’s stock valued at $791,000 after purchasing an additional 2,200 shares in the last quarter. Lion Street Advisors LLC acquired a new position in PayPal during the third quarter worth about $93,000. AMG National Trust Bank grew its position in shares of PayPal by 1,342.0% in the third quarter. AMG National Trust Bank now owns 50,427 shares of the credit services provider’s stock valued at $3,382,000 after purchasing an additional 46,930 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. boosted its holdings in PayPal by 14.2% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 25,221 shares of the credit services provider’s stock valued at $1,691,000 after purchasing an additional 3,140 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Company Profile

(Get Free Report)

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.

See Also

Analyst Recommendations for PayPal (NASDAQ:PYPL)

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