Evercore ISI Issues Pessimistic Forecast for PayPal (NASDAQ:PYPL) Stock Price

Key Points

• Evercore ISI cut its price target on PayPal from $75 to $65 and kept an "in-line" rating, implying only about a 5.8% upside from the prior close.
• Shares are trading around $61.43 with a market cap of ~$57.5B and a PE of 12.33, analysts' consensus is a "Hold" (average target $81.39), and insiders sold ~36,156 shares (~$2.43M) over the last quarter.

PayPal (NASDAQ:PYPL - Get Free Report) had its price objective cut by analysts at Evercore ISI from $75.00 to $65.00 in a research note issued on Monday, Marketbeat reports. The brokerage currently has an "in-line" rating on the credit services provider's stock. Evercore ISI's target price points to a potential upside of 5.82% from the stock's previous close.

A number of other equities analysts have also recently weighed in on PYPL. KGI Securities decreased their price target on PayPal from $85.00 to $80.00 in a report on Monday, November 10th. HSBC boosted their price objective on shares of PayPal from $86.00 to $93.00 and gave the stock a "buy" rating in a report on Wednesday, October 29th. The Goldman Sachs Group raised 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. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $70.00 price target (down previously from $85.00) on shares of PayPal in a report on Thursday. Finally, Wells Fargo & Company raised PayPal to a "hold" rating in a research report on Wednesday, October 22nd. Fifteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PayPal currently has an average rating of "Hold" and an average target price of $81.39.

PayPal Trading Down 1.4%

Shares of PYPL stock traded down $0.85 during mid-day trading on Monday, reaching $61.43. The company's stock had a trading volume of 1,437,208 shares, compared to its average volume of 12,411,157. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $57.47 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.84 and a beta of 1.43. The company's 50 day simple moving average is $66.60 and its 200-day simple moving average is $69.47. PayPal has a 12-month low of $55.85 and a 12-month high of $93.66.

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

Insider Activity at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the completion of the transaction, the insider directly owned 30,983 shares in the company, valued at $1,854,022.72. This trade represents a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares of the company's stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock valued at $2,432,524 over the last quarter. Corporate insiders own 0.08% of the company's stock.

Institutional Investors Weigh In On PayPal

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hilltop National Bank bought a new stake in shares of PayPal in the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc increased its holdings in shares of PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider's stock valued at $29,000 after buying an additional 87,524 shares in the last quarter. Cloud Capital Management LLC bought a new position in shares of PayPal in the third quarter valued at $30,000. Kelleher Financial Advisors acquired a new stake in shares of PayPal during the 3rd quarter valued at $30,000. Finally, Gordian Capital Singapore Pte Ltd boosted its stake in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after acquiring an additional 138 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Company Profile

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.

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