PayPay (NASDAQ:PAYP) Now Covered by Jefferies Financial Group

Key Points

• Jefferies initiated coverage of PayPay (NASDAQ:PAYP) with a Buy rating and a $28.00 price target, implying roughly a 33% upside from current levels.
• Multiple firms began coverage this week — including Benchmark ($31 PT), Bank of America ($26), Wolfe Research ($26) and Morgan Stanley (Equal Weight, $24) — leaving PayPay with a consensus Moderate Buy and an average target of $25.44.
• PAYP opened at $21.02, has a 1‑year range of $17.00–$24.89, and most recently reported $0.18 EPS on $636.46 million in quarterly revenue.

Investment analysts at Jefferies Financial Group started coverage on shares of PayPay (NASDAQ:PAYP - Get Free Report) in a report issued on Monday. The brokerage set a "buy" rating and a $28.00 price target on the fintech company's stock. Jefferies Financial Group's price objective indicates a potential upside of 33.21% from the company's current price.

PAYP has been the topic of a number of other research reports. Morgan Stanley began coverage on PayPay in a report on Monday. They issued an "equal weight" rating and a $24.00 price objective on the stock. Wall Street Zen raised shares of PayPay to a "hold" rating in a research report on Saturday, March 21st. Benchmark began coverage on shares of PayPay in a research note on Monday. They set a "buy" rating and a $31.00 price target on the stock. Wolfe Research initiated coverage on shares of PayPay in a report on Monday. They set an "outperform" rating and a $26.00 price target on the stock. Finally, Bank of America started coverage on shares of PayPay in a research note on Monday. They issued a "buy" rating and a $26.00 price objective for the company. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, PayPay has a consensus rating of "Moderate Buy" and an average target price of $25.44.

PayPay Price Performance

PAYP opened at $21.02 on Monday. PayPay has a 1 year low of $17.00 and a 1 year high of $24.89.

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

More PayPay News

Here are the key news stories impacting PayPay this week:

• Positive Sentiment: Bank of America started coverage with a "Buy" rating and a $26.00 price target (≈24% upside), highlighting upside relative to current levels. Benzinga
• Positive Sentiment: Benchmark initiated coverage with a "Buy" and a $31.00 target (≈48% upside), the most bullish call among the group and a strong catalyst for investor interest. Benzinga
• Positive Sentiment: Mizuho began coverage with an "Outperform" rating and a $26.00 target (≈24% upside), reinforcing the buy-side narrative. Benzinga TickerReport
• Neutral Sentiment: Morgan Stanley initiated coverage at "Equal Weight" with a $24.00 target (≈14% upside), a more conservative view that may limit near‑term upside expectations. Benzinga

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.