PayPal (PYPL) Stock Forecast, Price & News

36 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PayPal in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PYPL shares.
View PYPL analyst ratings or view top-rated stocks.

36 Wall Street analysts have issued 1 year target prices for PayPal's stock. Their PYPL share price forecasts range from $70.00 to $160.00. On average, they expect the company's stock price to reach $100.85 in the next year. This suggests a possible upside of 62.7% from the stock's current price.
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PayPal's stock was trading at $71.22 on January 1st, 2023. Since then, PYPL stock has decreased by 13.0% and is now trading at $61.99.
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PayPal saw a increase in short interest in May. As of May 15th, there was short interest totaling 19,430,000 shares, an increase of 25.1% from the April 30th total of 15,530,000 shares. Based on an average trading volume of 13,890,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.8% of the company's stock are short sold.
View PayPal's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our PYPL earnings forecast.

PayPal Holdings, Inc. (NASDAQ:PYPL) announced its quarterly earnings results on Monday, May, 8th. The credit services provider reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.07. The credit services provider had revenue of $7.04 billion for the quarter, compared to analyst estimates of $6.99 billion. PayPal had a net margin of 9.63% and a trailing twelve-month return on equity of 19.34%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 earnings per share.

ETFs with the largest weight of PayPal (NASDAQ:PYPL) stock in their portfolio include Grayscale Future of Finance ETF (GFOF), ETFMG Prime Mobile Payments ETF (IPAY), Global X FinTech Thematic ETF (FINX), Schwab Crypto Thematic ETF (STCE), Gabelli Growth Innovators ETF (GGRW), Monarch Blue Chips Core ETF (MBCC), FMC Excelsior Focus Equity ETF (FMCX) and Invesco NASDAQ Internet ETF (PNQI).

PayPal issued an update on its second quarter 2023 earnings guidance on Monday, May, 8th. The company provided earnings per share guidance of $1.15-$1.17 for the period, compared to the consensus EPS estimate of $1.04. The company issued revenue guidance of $7.25 billion-$7.28 billion, compared to the consensus revenue estimate of $6.48 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 BlackRock Inc. (6.88%), State Street Corp (4.07%), Comprehensive Financial Management LLC (2.64%), Geode Capital Management LLC (1.88%), Fisher Asset Management LLC (1.25%) and FMR LLC (1.20%). Insiders that own company stock include Aaron Anderson, Adele Louise Pentland, Ann Sarnoff, Daniel H Schulman, Daniel H Schulman, Daniel H Schulman, David M Moffett, 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.
View institutional ownership trends.

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 $61.99.

PayPal (NASDAQ:PYPL) has a market capitalization of $69.16 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 $2.37 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.