PayPal (NASDAQ:PYPL – Get Free Report)‘s stock had its “hold” rating reiterated by Needham & Company LLC in a research report issued on Tuesday, Benzinga reports.
PYPL has been the subject of several other reports. Keefe, Bruyette & Woods raised their price objective on PayPal from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Wells Fargo & Company boosted their target price on PayPal from $48.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Loop Capital cut their target price on PayPal from $62.00 to $50.00 and set a “hold” rating on the stock in a research report on Friday, August 28th. Argus set a $70.00 target price on PayPal in a report on Wednesday, July 29th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $55.00 price target on shares of PayPal in a research report on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $56.42.
PayPal Price Performance
NASDAQ:PYPL traded up $0.76 during trading hours on Tuesday, reaching $55.75. 11,884,087 shares of the company’s stock were exchanged, compared to its average volume of 17,210,852. The company has a market capitalization of $47.69 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 1.27 and a beta of 1.27. PayPal has a 12 month low of $38.46 and a 12 month high of $79.21. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.55. The business’s 50-day simple moving average is $55.85 and its two-hundred day simple moving average is $50.09.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.14. The firm had revenue of $8.58 billion for the quarter, compared to analyst estimates of $8.71 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.34 earnings per share. Sell-side analysts expect that PayPal will post 5.39 EPS for the current fiscal year.
Insider Activity at PayPal
In related news, insider Frank Keller sold 4,612 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $55.43, for a total value of $255,643.16. Following the completion of the sale, the insider directly owned 41,567 shares of the company’s stock, valued at approximately $2,304,058.81. This represents a 9.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $60.96, for a total value of $253,715.52. Following the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,888,723.68. The trade was a 11.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 14,774 shares of company stock valued at $848,095. Company insiders own 0.63% of the company’s stock.
Hedge Funds Weigh In On PayPal
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in PayPal during the second quarter valued at about $3,236,989,000. Bank of America Corp DE grew its position in shares of PayPal by 67.9% in the first 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 last quarter. Amundi increased its stake in shares of PayPal by 227.6% in the first quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock worth $624,364,000 after purchasing an additional 9,590,488 shares during the period. Primecap Management Co. CA acquired a new position in shares of PayPal during the 2nd quarter worth about $422,092,000. Finally, Corient Private Wealth LP bought a new stake in PayPal during the 2nd quarter valued at approximately $20,758,000. Institutional investors own 68.32% of the company’s stock.
More PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Adjusted EPS beat expectations: PayPal reported adjusted earnings of $1.45 per share, above the $1.31 consensus estimate and up from $1.34 a year earlier. PayPal Q3 Earnings Top Estimates
- Positive Sentiment: Full-year profit outlook raised: Management increased its 2026 adjusted earnings guidance, citing cost reductions, workforce efficiencies and progress in its turnaround strategy. PayPal is targeting approximately $700 million in cost savings by year-end. PayPal Raises 2026 Profit Forecast
- Positive Sentiment: Holiday-quarter profitability may exceed expectations: Reports indicated PayPal’s adjusted profit forecast for the upcoming quarter is above Wall Street views, supporting optimism that the turnaround is beginning to improve profitability. PayPal Raises Guidance as Turnaround Strategy Shows Promise
- Neutral Sentiment: Transaction activity grew, but the quality of growth remains under scrutiny: Payment volume increased, while merchant volume and several key metrics reportedly fell short of estimates. Investors are watching checkout trends, take rates and competitive pressure for evidence that growth can accelerate.
- Negative Sentiment: Revenue missed expectations: Third-quarter revenue rose only 2% year over year to $8.58 billion, below the $8.71 billion consensus estimate. The revenue shortfall initially pushed shares lower despite the earnings beat. PayPal Stock Falls on Q3 Revenue Miss
- Negative Sentiment: Growth and competitive concerns persist: Analysts remain cautious about market-share pressure, pricing and a potentially prolonged recovery. One recent bearish view maintained a $45 price target, below the current trading range. PayPal Sell Rating Reaffirmed
About PayPal
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and businesses to send, receive, and manage money online and through mobile devices. Its services support online checkout, peer-to-peer payments, money transfers, payment processing, invoicing, and other commerce-related transactions.
The company’s portfolio includes the PayPal and Venmo brands, Braintree’s payment processing technology, and Xoom’s international money transfer service. PayPal also offers merchant tools, digital wallets, payment solutions, and consumer financing products through its platform and related services.
PayPal traces its origins to 1998 and became an independent publicly traded company after separating from eBay in 2015.
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