Should I buy or sell PayPal stock right now?

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PayPal in the last year. There are currently 22 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PYPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PYPL, but not buy additional shares or sell existing shares. View PYPL analyst ratings or view top-rated stocks .

What is PayPal's stock price target for 2024?

34 brokers have issued 12-month price targets for PayPal's stock. Their PYPL share price targets range from $60.00 to $90.00. On average, they predict the company's stock price to reach $70.90 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View analysts price targets for PYPL or view top-rated stocks among Wall Street analysts .

How have PYPL shares performed in 2024?

PayPal's stock was trading at $61.41 at the beginning of 2024. Since then, PYPL shares have decreased by 4.1% and is now trading at $58.91. View the best growth stocks for 2024 here .

When is PayPal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our PYPL earnings forecast .

How were PayPal's earnings last quarter?

PayPal Holdings, Inc. (NASDAQ:PYPL) issued its quarterly earnings results on Wednesday, February, 7th. The credit services provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.12. The credit services provider earned $8.03 billion during the quarter, compared to the consensus estimate of $7.88 billion. PayPal had a net margin of 14.26% and a trailing twelve-month return on equity of 20.84%. The business's revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.01 EPS. Read the conference call transcript .

What ETFs hold PayPal's stock?

ETFs with the largest weight of PayPal (NASDAQ:PYPL) stock in their portfolio include Amplify Mobile Payments ETF (IPAY) , Grayscale Future of Finance ETF (GFOF) , Global X FinTech Thematic ETF (FINX) , Schwab Crypto Thematic ETF (STCE) , FMC Excelsior Focus Equity ETF (FMCX) , Meet Kevin Pricing Power ETF (PP) , First Trust Dow Jones Internet Index Fund (FDN) and Invesco NASDAQ Internet ETF (PNQI) .

What guidance has PayPal issued on next quarter's earnings?

PayPal issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of 5.100-5.100 for the period, compared to the consensus earnings per share estimate of 5.100. The company issued revenue guidance of -.

What is Dan Schulman's approval rating as PayPal's CEO?

1,581 employees have rated PayPal Chief Executive Officer Dan Schulman on Glassdoor.com . Dan Schulman has an approval rating of 92% among the company's employees. This puts Dan Schulman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of PayPal own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PayPal investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Netflix (NFLX) , Walt Disney (DIS) , Block (SQ) , Salesforce (CRM) , Tesla (TSLA) , Visa (V) , Mastercard (MA) and Advanced Micro Devices (AMD) .

Who are PayPal's major shareholders?

PayPal's stock is owned by many different institutional and retail investors. Top institutional shareholders include Norges Bank (1.11%), Charles Schwab Investment Management Inc. (0.63%), Clearbridge Investments LLC (0.52%), Simplex Trading LLC (0.00%), Swiss National Bank (0.30%) and Sumitomo Mitsui Trust Holdings Inc. (0.25%). Insiders that own company stock include Adele Louise Pentland , Ann Sarnoff , Daniel H Schulman, Daniel H Schulman , Daniel H Schulman , David W Dorman , Enrique Lores , Frank D Yeary , Gabrielle Scheibe , Glazer Capital, Llc, Jeffrey William Karbowski , John D Rainey , John J Donahoe , Jonathan Auerbach , Mark Britto and Peggy Alford . View institutional ownership trends .

How do I buy shares of PayPal?

Shares of PYPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does PayPal have any subsidiaries?

The following companies are subsidiares of PayPal: Bill Me Later Inc., CyActive, HONEY, Jetlore, Modest Inc, PayPal (Europe) S.à r.l. et Cie. S.C.A., PayPal 2 S.à r.l., PayPal Australia Pty Ltd., PayPal Canada Co., PayPal Global Holdings Inc., PayPal Inc., PayPal International Treasury Centre S.à r.l., PayPal Payment Holdings Pte. Ltd., PayPal Pte. Ltd., PayPal do Brasil Servicos de Pagamentos Ltda., Paydiant, Simility, Swift Capital, Swift Financial LLC, TIO Networks, Xoom, gopay, hyperWALLET Systems, and iZettle. Read More

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NASDAQ:PYPL

PayPal (PYPL) Stock Price, News & Analysis

$58.91

+2.78 (+4.95%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $56.16
▼
$59.22
50-Day Range: $56.13
▼
$65.82
52-Week Range: $50.25
▼
$82.85

Volume: 31.42 million shs
Average Volume: 22.56 million shs
Market Capitalization: $64.80 billion

P/E Ratio: 15.34
Dividend Yield: N/A
Price Target: $70.90

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PayPal MarketRank™ Stock Analysis

Analyst Rating: Hold
2.35 Rating Score
Upside/Downside: 20.4% Upside
$70.90 Price Target
Short Interest: Healthy
1.83% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.37
Upright™ Environmental Score
News Sentiment: 0.22
Based on 110 Articles This Week
Insider Trading: Selling Shares
$4.46 M Sold Last Quarter
Proj. Earnings Growth: 8.10%
From $4.32 to $4.67 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Computer And Technology Sector

7th out of 585 stocks

Business Services, Not Elsewhere Classified Industry

2nd out of 88 stocks

3.2

Analyst's Opinion

Consensus Rating
PayPal has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 12 buy ratings, 22 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $70.90, PayPal has a forecasted upside of 20.4% from its current price of $58.91.
Amount of Analyst Coverage
PayPal has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.83% of the float of PayPal has been sold short.
Short Interest Ratio / Days to Cover
PayPal has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PayPal has recently decreased by 15.40%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
PayPal does not currently pay a dividend.
Dividend Growth
PayPal does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PayPal has received a 33.82% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Chip-card readers", "Payment cards", and "Corporate credit granting" products. See details.
Environmental Sustainability
The Environmental Impact score for PayPal is -0.37.

2.9

News and Social Media Coverage

News Sentiment
PayPal has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 110 news articles for PayPal this week, compared to 28 articles on an average week.
Search Interest
353 people have searched for PYPL on MarketBeat in the last 30 days. This is an increase of 65% compared to the previous 30 days.
MarketBeat Follows
148 people have added PayPal to their MarketBeat watchlist in the last 30 days. This is an increase of 37% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PayPal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,461,710.00 in company stock.
Percentage Held by Insiders
Only 0.14% of the stock of PayPal is held by insiders.
Percentage Held by Institutions
68.42% of the stock of PayPal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for PayPal are expected to grow by 8.10% in the coming year, from $4.32 to $4.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PayPal is 15.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of PayPal is 15.34, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.51.
Price to Earnings Growth Ratio
PayPal has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
PayPal has a P/B Ratio of 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PayPal Stock (NASDAQ:PYPL)

PayPal Holdings, Inc. is one of the world’s largest and oldest fintech companies having gotten its start in 1998. Originally a payment processing application named Confinity, the company will join forces with eBay in 2000 and then merge with the company in 2002. In 2008 Bill Me Later joined the company and eventually became Paypal Credit, the company also launched mobile apps that year that made it even easier and more accessible to millions of consumers.

Together, eBay and Paypal will change the course of eCommerce forever but the match did not last forever. Paypal quickly outgrew its original specifications to become the financial behemoth it is today. Brands in the portfolio include the original Paypal which was spun off from eBay in July 2015 as well as Venmo, Xoom, and Paypal Credit.

Dan Shulman was tapped as CEO-designee in 2014 and worked with the company extensively during the build-up to the IPO. Since then, Mr. Shulman has worked diligently as CEO to democratize and transform digital payments for the benefit of individuals, families, and businesses worldwide.

Now, PayPal provides digital financial infrastructure, services, and support across a wide range of applications globally including but not limited to payments, wallet services, and credit. The company is headquartered in San Jose, California, and is built on the belief that everyone has the right to participate in the global digital economy. The company operates a portfolio of web-based applications that provide a host of other services as well.

Paypal provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company began working with cryptocurrency late in 2020 and now supports four currencies. Paypal users can access the cryptocurrency wallet through their accounts and buy, sell, and trade the top four currencies including Bitcoin and Ethereum.

The company's platforms allow consumers to send and receive payments in over 200 countries and in approximately 50 currencies, not including cryptocurrencies which the platform supports as well. Members can connect their accounts to a bank and withdraw to it or use a PayPal-branded debit card to access funds. Balances can also be carried on a short or long-term basis but the company does not pay interest.

In terms of scale, the company boasts more than 430,000,000 active accounts including merchants and consumers. In Q2 of 2022, that equated to 5.5 billion individual transactions and more than $340 billion in total payment volume. In regards to depth, the average account made more than 48 transactions or just over 4 transactions per week. In terms of market share, Paypal began the COVID-19 pandemic with more than 50% of the market share in global digital payments and that figure increased in its wake.

PYPL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PYPL Stock News Headlines

February 10, 2024 | marketbeat.com

MarketBeat Week in Review – 2/5 - 2/9 (PYPL)

The markets continue to rise as investors come to grips with higher interest rates, but next week's inflation data may cool down the bullish momentum

February 5, 2024 | marketbeat.com

PayPal stock making a sudden turn, earnings breakout? (PYPL)

PayPal management just made the latest move to push the company's profit margins higher, widening the gap potential for the stock to catch up to the sector

February 12, 2024 | Stansberry Research (Ad)

Critical asset just had biggest fall on record

What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."

January 25, 2024 | marketbeat.com

5 best fintech banks to invest in now (PYPL)

Online banks combine finance and technology. Should you invest in these digital assets? Learn more about the best fintech banks to invest in now.

January 25, 2024 | marketbeat.com

What are fintech companies? (PYPL)

What are fintech companies? Fintech shortens “financial technology," or the use of technology to automate and create innovative financial services.

January 23, 2024 | marketbeat.com

7 best fintech ETFs to buy now (PYPL)

Fintech seizes the spotlight regularly, so why not connect with ETFs for an investment opportunity? Learn more about investing in fintech ETFs.

January 22, 2024 | marketbeat.com

nCino's path to profits: Niche fintech with strong prospects (PYPL)

nCino's stock enters a buy zone after an expanded deal with Salesforce. Analysts expect nCino to become profitable this year, with earnings growth in 2025.

January 20, 2024 | marketbeat.com

MarketBeat Week in Review – 1/15 - 1/19 (PYPL)

The market continues to bounce back and forth as investors wait on news from the Federal Reserve later this month, but inflation may still be the bigger story

February 12, 2024 | Behind the Markets (Ad)

Buy THIS stock before Taiwan is attacked

... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.

January 16, 2024 | marketbeat.com

PayPal gearing up for a breakout despite shifting sentiment

Despite reduced optimism by analysts, PYPL is consolidating between key moving averages, hinting at a turnaround if it breaks above the 200-day SMA.

February 12, 2024 | americanbankingnews.com

PayPal Holdings, Inc. (NASDAQ:PYPL) Forecasted to Earn Q2 2024 Earnings of $0.95 Per Share

February 11, 2024 | ft.com

Tech companies axe 34,000 jobs since start of year in pivot to AI

February 11, 2024 | americanbankingnews.com

PayPal (NASDAQ:PYPL) Price Target Raised to $74.00

February 11, 2024 | americanbankingnews.com

Monness Crespi & Hardt Trims PayPal (NASDAQ:PYPL) Target Price to $80.00

February 11, 2024 | americanbankingnews.com

Citigroup Trims PayPal (NASDAQ:PYPL) Target Price to $73.00

February 11, 2024 | americanbankingnews.com

JMP Securities Reiterates Market Outperform Rating for PayPal (NASDAQ:PYPL)

February 11, 2024 | americanbankingnews.com

PayPal (NASDAQ:PYPL) Stock Rating Lowered by DZ Bank

February 11, 2024 | americanbankingnews.com

PayPal (NASDAQ:PYPL) Rating Lowered to Hold at Argus

February 10, 2024 | fool.com

Where Will PayPal Stock Be in 2026?

February 10, 2024 | seekingalpha.com

PayPal: Mind The GAAP As You Look At The Free Cash Flow Yield