PayPay Corporation (NASDAQ:PAYP) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• PayPay has a consensus rating of "Moderate Buy" from four covering firms (three buys, one hold) with an average 12‑month target of $26.75.
• Recent initiations show mostly positive sentiment but mixed views: Benchmark leads with a $31 buy target, Mizuho $26 (outperform), Morgan Stanley $24 (equal weight), and Bank of America $26 (buy).
• Shares opened at $21.02, trading in a 52‑week range of $17.00–$24.89, and the company reported quarterly EPS of $0.18 on $636.46 million in revenue, implying potential upside to analyst targets.

Shares of PayPay Corporation (NASDAQ:PAYP - Get Free Report) have earned a consensus rating of "Moderate Buy" from the four ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $26.75.

A number of equities research analysts recently issued reports on the company. Wall Street Zen raised PayPay to a "hold" rating in a research note on Saturday, March 21st. Benchmark began coverage on PayPay in a research report on Monday. They set a "buy" rating and a $31.00 price target for the company. Morgan Stanley started coverage on PayPay in a research report on Monday. They issued an "equal weight" rating and a $24.00 price objective on the stock. Mizuho initiated coverage on PayPay in a research note on Monday. They set an "outperform" rating and a $26.00 price objective on the stock. Finally, Bank of America assumed coverage on shares of PayPay in a research note on Monday. They issued a "buy" rating and a $26.00 target price for the company.

PayPay Price Performance

Shares of NASDAQ PAYP opened at $21.02 on Monday. PayPay has a 52 week low of $17.00 and a 52 week high of $24.89.

PayPay (NASDAQ:PAYP - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The fintech company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $636.46 million during the quarter.

About PayPay

As Japan's leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.

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