Sanford C. Bernstein Cuts PayPal (NASDAQ:PYPL) Price Target to $76.00

Key Points

• Sanford C. Bernstein has reduced its price target for PayPal (NASDAQ:PYPL) from $85.00 to $76.00, indicating a potential upside of 10.52% from the previous close.
• PayPal shares recently opened at $68.76, with a 52-week low of $55.85 and a high of $93.66.
• Despite the price target cut, PayPal has received a consensus rating of "Hold" from analysts, with 16 "Buy", 13 "Hold", and 3 "Sell" ratings.

PayPal (NASDAQ:PYPL - Get Free Report) had its target price cut by stock analysts at Sanford C. Bernstein from $85.00 to $76.00 in a research note issued to investors on Tuesday,MarketScreener reports. Sanford C. Bernstein's target price would suggest a potential upside of 10.52% from the stock's previous close.

PYPL has been the topic of several other reports. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Wells Fargo & Company began coverage on PayPal in a report on Tuesday. They issued an "equal weight" rating and a $74.00 price target for the company. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. The Goldman Sachs Group set a $70.00 price objective on PayPal and gave the company a "sell" rating in a research report on Monday, October 13th. Finally, JMP Securities reduced their target price on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $83.18.

PayPal Trading Down 1.8%

Shares of PYPL stock opened at $68.76 on Tuesday. PayPal has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a 50 day moving average price of $68.98 and a 200 day moving average price of $69.60. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a market capitalization of $65.70 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the prior year, the firm earned $1.19 EPS. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Equities research analysts predict that PayPal will post 5.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 in the last quarter. 0.08% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PayPal

Large investors have recently modified their holdings of the stock. Brighton Jones LLC increased its stake in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after acquiring an additional 924 shares during the period. Revolve Wealth Partners LLC acquired a new stake in shares of PayPal during the 4th quarter worth $248,000. Oppenheimer Asset Management Inc. raised its stake in PayPal by 3.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 108,119 shares of the credit services provider's stock valued at $7,055,000 after purchasing an additional 3,407 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in PayPal by 14.1% in the first quarter. Asset Management One Co. Ltd. now owns 435,276 shares of the credit services provider's stock valued at $28,402,000 after purchasing an additional 53,886 shares in the last quarter. Finally, AssuredPartners Investment Advisors LLC lifted its position in PayPal by 25.7% during the first quarter. AssuredPartners Investment Advisors LLC now owns 5,031 shares of the credit services provider's stock worth $328,000 after purchasing an additional 1,028 shares during the period. 68.32% of the stock is 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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