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PayPal (PYPL) Stock Price, News & Analysis

$63.84
-0.93 (-1.44%)
(As of 11:40 AM ET)
Today's Range
$63.70
$64.69
50-Day Range
$60.03
$67.92
52-Week Range
$50.25
$76.54
Volume
2.52 million shs
Average Volume
15.56 million shs
Market Capitalization
$66.78 billion
P/E Ratio
16.08
Dividend Yield
N/A
Price Target
$72.73

PayPal MarketRank™ Stock Analysis

Analyst Rating
Hold
2.37 Rating Score
Upside/​Downside
13.8% Upside
$72.73 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.73mentions of PayPal in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$466,079 Sold Last Quarter
Proj. Earnings Growth
9.93%
From $4.13 to $4.54 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Computer And Technology Sector

88th out of 581 stocks

Business Services, Not Elsewhere Classified Industry

16th out of 90 stocks

PYPL stock logo

About PayPal Stock (NASDAQ:PYPL)

PayPal Holdings, Inc. is one of the world’s largest and oldest fintech companies having gotten its start in 1998. Originally a payment processing application named Confinity, the company will join forces with eBay in 2000 and then merge with the company in 2002. In 2008 Bill Me Later joined the company and eventually became Paypal Credit, the company also launched mobile apps that year that made it even easier and more accessible to millions of consumers.

Together, eBay and Paypal will change the course of eCommerce forever but the match did not last forever. Paypal quickly outgrew its original specifications to become the financial behemoth it is today. Brands in the portfolio include the original Paypal which was spun off from eBay in July 2015 as well as Venmo, Xoom, and Paypal Credit.

Dan Shulman was tapped as CEO-designee in 2014 and worked with the company extensively during the build-up to the IPO. Since then, Mr. Shulman has worked diligently as CEO to democratize and transform digital payments for the benefit of individuals, families, and businesses worldwide.

Now, PayPal provides digital financial infrastructure, services, and support across a wide range of applications globally including but not limited to payments, wallet services, and credit. The company is headquartered in San Jose, California, and is built on the belief that everyone has the right to participate in the global digital economy. The company operates a portfolio of web-based applications that provide a host of other services as well.

Paypal provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company began working with cryptocurrency late in 2020 and now supports four currencies. Paypal users can access the cryptocurrency wallet through their accounts and buy, sell, and trade the top four currencies including Bitcoin and Ethereum.

The company's platforms allow consumers to send and receive payments in over 200 countries and in approximately 50 currencies, not including cryptocurrencies which the platform supports as well. Members can connect their accounts to a bank and withdraw to it or use a PayPal-branded debit card to access funds. Balances can also be carried on a short or long-term basis but the company does not pay interest.

In terms of scale, the company boasts more than 430,000,000 active accounts including merchants and consumers. In Q2 of 2022, that equated to 5.5 billion individual transactions and more than $340 billion in total payment volume. In regards to depth, the average account made more than 48 transactions or just over 4 transactions per week. In terms of market share, Paypal began the COVID-19 pandemic with more than 50% of the market share in global digital payments and that figure increased in its wake.

PYPL Stock Price History

PYPL Stock News Headlines

Block Gains on its Cash App and Afterpay Segment Blowouts (PYPL)
Block Inc. beat Q1 2024 EPS by two cents as revenues rose 19.6% YoY to $5.97 billion, beating $5.83 billion consensus analyst estimates.
BetterHelp customers begin receiving refund notices from $7.8M data privacy settlement, FTC says
Many current and former BetterHelp customers have begun receiving refund eligibility notices spanning from a $7.8 million settlement reached with the online therapy provider last year over allegations that it shared sensitive health data with advertisers
PayPal's Strong Earnings Growth and Strategic Evolution
PayPal Holdings, Inc. NASDAQ: PYPL is one of the global leaders in the financial solutions sector. PayPal's earnings for the first quarter of 2024 were recently released, offering valuable insights into PayPal's financial performance and strategic direction.
PayPal’s Strong Earnings Growth and Strategic Evolution
PayPal’s earnings demonstrated robust financial performance and strategic evolution against a competitive and volatile fintech sector.
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access
TikTok bows to European pressure and halts reward feature on new app in France and Spain
TikTok is halting a feature on its new app rewarding users in Europe for watching videos, after facing pressure from regulators worried about its addictive features
The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension
The European Union is demanding TikTok provide more information about a new app that pays users to watch videos and warned that it could order the video sharing platform to suspend addictive features that pose a risk to kids
StockNews.com Downgrades PayPal (NASDAQ:PYPL) to Hold
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PayPal: Rewriting The Rules In A Transitional Year
PayPal (NASDAQ:PYPL) Shares Up 0.8%
PayPal: A Great Value For Long-Term Investors
Is PayPal a Millionaire Maker?
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3 Cheap Fintech Stocks to Buy Now: May 2024
Good News (Finally!) in the Inflation Fight
7 Cheap Nasdaq Stocks to Buy Now: May 2024
Buy PayPal Stock as the Comeback Takes Shape
PayPal (NASDAQ:PYPL) Stock Rating Upgraded by StockNews.com
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/21/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PYPL
Previous Symbol
NASDAQ:PYPL
Fax
N/A
Employees
27,200
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$72.73
High Stock Price Target
$90.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+12.3%
Consensus Rating
Hold
Rating Score (0-4)
2.37
Research Coverage
35 Analysts

Profitability

Net Income
$4.25 billion
Pretax Margin
18.23%

Debt

Sales & Book Value

Annual Sales
$29.77 billion
Cash Flow
$4.46 per share
Book Value
$19.14 per share

Miscellaneous

Outstanding Shares
1,046,050,000
Free Float
1,044,582,000
Market Cap
$67.75 billion
Optionable
Optionable
Beta
1.41

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Key Executives

  • Mr. James Alexander Chriss (Age 46)
    President, CEO & Director
    Comp: $1.64M
  • Ms. Jamie S. Miller (Age 55)
    Executive VP & CFO
    Comp: $3.1M
  • Mr. John C. Kim (Age 52)
    Executive VP & Chief Product Officer
    Comp: $1.76M
  • Ms. Michelle Gill (Age 51)
    Executive VP and GM of Small Business & Financial Services Group
    Comp: $1.08M
  • Ms. Archana Deskus (Age 58)
    Executive VP & CTO
  • Mr. Steven Eric Winoker
    Chief Investor Relations Officer
  • Mr. Bimal Patel
    Senior VP & General Counsel
  • Mr. Diego Scotti (Age 51)
    Executive VP, GM of Consumer Group and Global Marketing & Communications
  • Mr. Kausik Rajgopal (Age 50)
    Executive Vice President of Strategy, Corporate Development & Partnerships
  • Mr. Geoff Seeley
    Chief Marketing Officer

PYPL Stock Analysis - Frequently Asked Questions

Should I buy or sell PayPal stock right now?

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PayPal in the last year. There are currently 22 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PYPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PYPL, but not buy additional shares or sell existing shares.
View PYPL analyst ratings
or view top-rated stocks.

What is PayPal's stock price target for 2024?

35 analysts have issued twelve-month target prices for PayPal's stock. Their PYPL share price targets range from $60.00 to $90.00. On average, they expect the company's stock price to reach $72.73 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts price targets for PYPL
or view top-rated stocks among Wall Street analysts.

How have PYPL shares performed in 2024?

PayPal's stock was trading at $61.41 at the start of the year. Since then, PYPL shares have increased by 4.1% and is now trading at $63.93.
View the best growth stocks for 2024 here
.

When is PayPal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our PYPL earnings forecast
.

How were PayPal's earnings last quarter?

PayPal Holdings, Inc. (NASDAQ:PYPL) posted its earnings results on Tuesday, April, 30th. The credit services provider reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates of $1.22 by $0.14. The credit services provider had revenue of $7.70 billion for the quarter, compared to analysts' expectations of $7.52 billion. PayPal had a trailing twelve-month return on equity of 21.58% and a net margin of 14.26%. PayPal's quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 earnings per share.
Read the conference call transcript
.

What guidance has PayPal issued on next quarter's earnings?

PayPal updated its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 0.830-0.830 for the period, compared to the consensus earnings per share estimate of 1.130. The company issued revenue guidance of $7.8 billion-$7.8 billion, compared to the consensus revenue estimate of $7.3 billion.

What is Dan Schulman's approval rating as PayPal's CEO?

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.

What other stocks do shareholders of PayPal own?

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).

Who are PayPal's major shareholders?

PayPal's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.62%), Bank of New York Mellon Corp (0.69%), Clearbridge Investments LLC (0.64%), Jane Street Group LLC (0.00%), Swiss National Bank (0.29%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.28%). Insiders that own company stock include Daniel H Schulman, Daniel H Schulman, Daniel H Schulman, David W Dorman, Enrique Lores, Frank D Yeary, Frank Keller, Gabrielle Scheibe, Glazer Capital, Llc, Jeffrey William Karbowski, John J Donahoe, Jonathan Auerbach, Mark Britto and Peggy Alford.
View institutional ownership trends
.

How do I buy shares of PayPal?

Shares of PYPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PayPal have any subsidiaries?
The following companies are subsidiares of PayPal: Bill Me Later Inc., CyActive, HONEY, Jetlore, Modest Inc, PayPal (Europe) S.à r.l. et Cie. S.C.A., PayPal 2 S.à r.l., PayPal Australia Pty Ltd., PayPal Canada Co., PayPal Global Holdings Inc., PayPal Inc., PayPal International Treasury Centre S.à r.l., PayPal Payment Holdings Pte. Ltd., PayPal Pte. Ltd., PayPal do Brasil Servicos de Pagamentos Ltda., Paydiant, Simility, Swift Capital, Swift Financial LLC, TIO Networks, Xoom, gopay, hyperWALLET Systems, and iZettle.
Read More
This page (NASDAQ:PYPL) was last updated on 5/21/2024 by MarketBeat.com Staff

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