PayPal (PYPL) Stock Forecast, Price & News

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PayPal in the last year. There are currently 1 sell rating, 11 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PYPL shares.
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31 brokers have issued 12-month price objectives for PayPal's shares. Their PYPL share price forecasts range from $70.00 to $126.00. On average, they expect the company's stock price to reach $91.20 in the next twelve months. This suggests a possible upside of 55.6% from the stock's current price.
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PayPal's stock was trading at $71.22 at the beginning of the year. Since then, PYPL stock has decreased by 17.7% and is now trading at $58.62.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our PYPL earnings forecast.

PayPal Holdings, Inc. (NASDAQ:PYPL) announced its earnings results on Wednesday, August, 2nd. The credit services provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.16 by $0.00. The credit services provider had revenue of $7.29 billion for the quarter, compared to analysts' expectations of $7.27 billion. PayPal had a net margin of 14.27% and a trailing twelve-month return on equity of 20.31%. The company's quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 EPS.
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ETFs with the largest weight of PayPal (NASDAQ:PYPL) stock in their portfolio include ETFMG Prime 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).

PayPal updated its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $1.22-$1.24 for the period, compared to the consensus EPS estimate of $1.22. The company issued revenue guidance of $7.40 billion-$7.40 billion, compared to the consensus revenue estimate of $7.32 billion.

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.

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).

PayPal trades on the NASDAQ under the ticker symbol "PYPL."

PayPal's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (22.81%), BlackRock Inc. (6.84%), State Street Corp (4.18%), Geode Capital Management LLC (1.92%), Citadel Advisors LLC (0.00%) and Northern Trust Corp (1.06%). 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.
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Shares of PYPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PYPL stock can currently be purchased for approximately $58.62.

PayPal (NASDAQ:PYPL) has a market capitalization of $64.37 billion and generates $27.52 billion in revenue each year. The credit services provider earns $2.42 billion in net income (profit) each year or $3.58 on an earnings per share basis.

The company employs 29,900 workers across the globe.

PayPal's mailing address is 2211 NORTH FIRST STREET, SAN JOSE CA, 95131. The official website for the company is www.paypal.com. The credit services provider can be reached via phone at (408) 967-1000 or via email at grabinovitch@paypal.com.