PayPal (NASDAQ:PYPL) Trading Up 3.2% – Here’s What Happened

Posted by Brian Himes on Aug 6th, 2026

PayPal Holdings, Inc. (NASDAQ:PYPL – Get Free Report)’s share price shot up 3.2% during mid-day trading on Thursday . The company traded as high as $59.79 and last traded at $59.78. 10,725,090 shares were traded during trading, a decline of 44% from the average session volume of 19,283,207 shares. The stock had previously closed at $57.93.

PayPal News Roundup

Here are the key news stories impacting PayPal this week:

Positive Sentiment: PayPal’s board reportedly rejected a $60.50-per-share bid, believed to be from Stripe, suggesting management sees greater value in its long-term prospects. The offer has also reinforced the view that PayPal may be undervalued following its multiyear decline. PayPal to Stripe: The Offer Is Too Low
Positive Sentiment: Recent quarterly results exceeded expectations, with revenue of $8.68 billion and non-GAAP earnings of $1.38 per share. PayPal also raised its 2026 outlook, while management highlighted efforts to improve checkout, monetize Venmo and restore profitable growth at Braintree. PayPal Acquisition Interest Is a Confirmation of How Undervalued This Resilient Company Is
Positive Sentiment: An analyst upgrade and Cantor Fitzgerald’s increased $60 price target are providing additional support for PYPL. PayPal Trading Up After Analyst Upgrade
Positive Sentiment: PayPal plans to establish revenue targets for its three primary business units, potentially improving accountability and giving investors clearer milestones for the turnaround. PayPal Sets First-Ever Revenue Targets

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on PYPL shares. Weiss Ratings reissued a “hold (c-)” rating on shares of PayPal in a research note on Friday, May 8th. Susquehanna raised their target price on shares of PayPal from $63.00 to $67.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $45.00 price target on shares of PayPal in a report on Wednesday, July 29th. Citigroup upped their target price on PayPal from $48.00 to $61.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, Daiwa Securities Group raised PayPal from a “hold” rating to an “outperform” rating in a research note on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $55.72.

Check Out Our Latest Stock Report on PayPal

PayPal Stock Performance

The company’s 50-day moving average is $47.88 and its two-hundred day moving average is $47.05. The company has a market cap of $51.14 billion, a P/E ratio of 11.30, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.55.

PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same quarter in the prior year, the firm posted $1.40 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Equities analysts predict that PayPal Holdings, Inc. will post 5.36 EPS for the current year.

PayPal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a $0.14 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio (DPR) is 10.59%.

Insider Activity at PayPal

In related news, insider Suzan Kereere sold 3,379 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total value of $144,587.41. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,325,762.57. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total transaction of $77,679.70. Following the transaction, the chief accounting officer directly owned 2,216 shares in the company, valued at approximately $128,749.60. The trade was a 37.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 10,612 shares of company stock worth $484,534 over the last quarter. 0.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PayPal

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of PayPal during the 4th quarter valued at $949,758,000. Bank of America Corp DE grew its stake in shares of PayPal by 67.9% during the 1st quarter. Bank of America Corp DE now owns 25,614,720 shares of the credit services provider’s stock valued at $1,158,554,000 after purchasing an additional 10,356,256 shares during the period. Amundi increased its position in shares of PayPal by 227.6% during the 1st quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock valued at $624,364,000 after purchasing an additional 9,590,488 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of PayPal in the 2nd quarter worth approximately $251,215,000. Finally, Vanguard Group Inc. boosted its holdings in shares of PayPal by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after buying an additional 5,534,462 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

About PayPal

(Get Free Report)

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.