PayPal (NASDAQ:PYPL – Get Free Report)‘s stock had its “hold” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Benzinga reports. They currently have a $55.00 price objective on the credit services provider’s stock. Canaccord Genuity Group‘s price objective indicates a potential downside of 1.66% from the stock’s current price.
A number of other equities analysts have also weighed in on the company. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research note on Tuesday. Argus set a $70.00 price objective on PayPal in a research note on Wednesday, July 29th. Evercore set a $45.00 price objective on PayPal in a research note on Tuesday. Cantor Fitzgerald lifted their price objective on PayPal from $54.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Finally, TD Cowen lifted their price objective on PayPal from $48.00 to $59.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Nine investment analysts have rated the stock with a Buy rating, thirty-two have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $57.22.
Check Out Our Latest Report on PYPL
PayPal Stock Performance
Shares of NASDAQ PYPL traded down $0.16 during trading on Wednesday, reaching $55.93. 2,918,845 shares of the company traded hands, compared to its average volume of 17,177,709. The firm’s fifty day simple moving average is $55.63 and its 200 day simple moving average is $50.05. PayPal has a 12-month low of $38.46 and a 12-month high of $72.73.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.14. The company had revenue of $8.58 billion for the quarter, compared to analysts’ expectations of $8.71 billion. The business’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.34 EPS. On average, equities analysts forecast that PayPal will post 5.39 earnings per share for the current year.
Insider Activity at PayPal
In related news, insider Suzan Kereere sold 4,162 shares of PayPal 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 completion of the transaction, the insider owned 30,983 shares in the company, valued at $1,888,723.68. The trade was a 11.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of PayPal stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $55.43, for a total value of $255,643.16. Following the completion of the transaction, the insider 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 12,705 shares of company stock worth $727,886 in the last 90 days. Corporate insiders own 0.63% of the company’s stock.
Hedge Funds Weigh In On PayPal
Several institutional investors and hedge funds have recently modified their holdings of PYPL. BlackRock Inc. acquired a new stake in PayPal in the 2nd quarter worth about $3,236,989,000. Bank of America Corp DE acquired a new stake in PayPal in the 2nd quarter worth about $975,563,000. Primecap Management Co. CA acquired a new stake in PayPal in the 2nd quarter worth about $422,092,000. Corient Private Wealth LP acquired a new stake in PayPal in the 2nd quarter worth about $20,758,000. Finally, Amundi boosted its holdings in PayPal by 227.6% in the 1st quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock worth $624,364,000 after buying an additional 9,590,488 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Key PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal reported third-quarter adjusted EPS of $1.45, above the $1.31 analyst consensus, while payment volume increased 6% to $487.1 billion. Venmo growth, higher transaction volumes, cost controls, and operating leverage supported profitability. PayPal Q3 Earnings Beat Estimates on Venmo Growth
- Positive Sentiment: Management raised its 2026 adjusted earnings outlook and lifted transaction-margin-dollar guidance to $15.7 billion. It also expects approximately $700 million in cost savings by year-end, while fourth-quarter profit guidance reportedly exceeds Wall Street expectations. PayPal Raises 2026 Profit Forecast
- Positive Sentiment: PayPal returned capital through roughly $1.5 billion of share repurchases and declared a quarterly dividend of $0.14 per share, providing support for shareholder returns. PayPal Buybacks and Dividend News
- Neutral Sentiment: Analyst reactions remain divided. Some firms raised price targets citing expense control and early turnaround progress, while others maintained Hold or Neutral ratings and trimmed targets because structural growth concerns remain. Mixed Analyst Calls After Earnings
- Negative Sentiment: Revenue rose only 2% year over year to $8.58 billion, below the $8.71 billion consensus, with branded checkout remaining weak. Investors are also concerned that planned 2027 investments could pressure near-term results and that the turnaround will take time. Why PayPal Stock Barely Moved After Guidance Increase
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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