NASDAQ:PYPLPaypal Stock Price, Forecast & News

Paypal's stock was trading at $103.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PYPL stock has increased by 43.2% and is now trading at $148.79. View which stocks have been most impacted by Coronavirus.

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paypal in the last year. There are currently 4 hold ratings and 30 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Paypal.

Paypal is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Paypal.

Paypal Holdings Inc (NASDAQ:PYPL) released its quarterly earnings data on Wednesday, May, 6th. The credit services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.75 by $0.08. The credit services provider earned $4.62 billion during the quarter, compared to analysts' expectations of $4.72 billion. Paypal had a return on equity of 16.06% and a net margin of 10.27%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 EPS. View Paypal's earnings history.

Paypal updated its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of 0.99-1.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $4.86465-4.86465 billion, compared to the consensus revenue estimate of $4.79 billion.

34 Wall Street analysts have issued twelve-month target prices for Paypal's stock. Their forecasts range from $120.00 to $172.00. On average, they anticipate Paypal's stock price to reach $142.24 in the next year. This suggests that the stock has a possible downside of 4.4%. View analysts' price targets for Paypal.

News coverage about PYPL stock has trended very negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Paypal earned a news sentiment score of -3.4 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutPaypal.

Paypal saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 11,870,000 shares, a decrease of 17.6% from the April 15th total of 14,410,000 shares. Based on an average trading volume of 10,080,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.1% of the shares of the stock are sold short. View Paypal's Current Options Chain.

Some companies that are related to Paypal include Alibaba Group (BABA), Visa (V), Mastercard (MA), Accenture (ACN), Fidelity National Information Servcs (FIS), Pinduoduo (PDD), Global Payments (GPN), NetEase (NTES), Mercadolibre (MELI), eBay (EBAY), Msci (MSCI), CoStar Group (CSGP), FleetCor Technologies (FLT), Akamai Technologies (AKAM) and Trip.com Group (TCOM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Paypal investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Netflix (NFLX), Micron Technology (MU), salesforce.com (CRM), Visa (V), Mastercard (MA), Advanced Micro Devices (AMD) and Adobe (ADBE).

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. (6.41%), State Street Corp (3.94%), Capital World Investors (1.76%), Edgewood Management LLC (1.48%), Geode Capital Management LLC (1.43%) and Nuveen Asset Management LLC (1.31%). Company insiders that own Paypal stock include Aaron Anderson, Aaron Karczmer, Adele Louise Pentland, Daniel H Schulman, Frank D Yeary, Gary J Marino, John D Rainey, John J Donahoe, Jonathan Auerbach and William J Ready. View institutional ownership trends for Paypal.

PYPL stock was sold by a variety of institutional investors in the last quarter, including Fundsmith LLP, Lindsell Train Ltd, Janus Henderson Group PLC, Two Sigma Advisers LP, Commerzbank Aktiengesellschaft FI, Capital World Investors, Jennison Associates LLC, and Flossbach Von Storch AG. Company insiders that have sold Paypal company stock in the last year include Aaron Karczmer, Adele Louise Pentland, Daniel H Schulman, John D Rainey, and Jonathan Auerbach. View insider buying and selling activity for Paypal.

PYPL stock was bought by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Fisher Asset Management LLC, Lone Pine Capital LLC, Carmignac Gestion, Assenagon Asset Management S.A., Menora Mivtachim Holdings LTD., Zurich Insurance Group Ltd FI, and BlackRock Inc.. View insider buying and selling activity for Paypal.

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

One share of PYPL stock can currently be purchased for approximately $148.79.

Paypal has a market capitalization of $174.68 billion and generates $17.77 billion in revenue each year. The credit services provider earns $2.46 billion in net income (profit) each year or $2.45 on an earnings per share basis. Paypal employs 23,200 workers across the globe.

The official website for Paypal is www.paypal.com.

Paypal's mailing address is 2211 NORTH FIRST STREET, SAN JOSE CA, 95131. The credit services provider can be reached via phone at 408-967-1000 or via email at [email protected]