NASDAQ:PYPL

PayPal - PYPL Stock Forecast, Price & News

$73.88

+1.32 (+1.82%)

(As of 03/24/2023 08:51 PM ET)

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Today's Range: $71.53
▼
$73.90
50-Day Range: $72.56
▼
$86.96
52-Week Range: $66.39
▼
$122.92

Volume: 9.18 million shs
Average Volume: 13.57 million shs
Market Capitalization: $83.59 billion

P/E Ratio: 35.18
Dividend Yield: N/A
Price Target: $108.42

Institutional Ownership

PayPal MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 46.7% Upside
$108.42 Price Target
Short Interest: Healthy
1.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.37
Upright™ Environmental Score
News Sentiment: 0.52
Based on 19 Articles This Week
Insider Trading: Acquiring Shares
$1.99 M Bought Last Quarter
Proj. Earnings Growth: 21.99%
From $3.82 to $4.66 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.02 out of 5 stars

Computer And Technology Sector

31st out of 614 stocks

Business Services, Not Elsewhere Classified Industry

8th out of 93 stocks

4.3

Analyst's Opinion

Consensus Rating
PayPal has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 24 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $108.42, PayPal has a forecasted upside of 46.7% from its current price of $73.88.
Amount of Analyst Coverage
PayPal has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.97% of the float of PayPal has been sold short.
Short Interest Ratio / Days to Cover
PayPal has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PayPal has recently increased by 4.31%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
PayPal does not currently pay a dividend.
Dividend Growth
PayPal does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PayPal has received a 33.82% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Chip-card readers", "Payment cards", and "Corporate credit granting" products. See details.
Environmental Sustainability
The Environmental Impact score for PayPal is -0.37.

1.4

News and Social Media Coverage

News Sentiment
PayPal has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for PayPal this week, compared to 20 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 2 reddit mentions for PayPal this week, compared to 18 mentions on an average week.
Search Interest
Only 168 people have searched for PYPL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 78 people have added PayPal to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PayPal insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,985,371.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.13% of the stock of PayPal is held by insiders.
Percentage Held by Institutions
72.12% of the stock of PayPal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PayPal are expected to grow by 21.99% in the coming year, from $3.82 to $4.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PayPal is 35.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of PayPal is 35.18, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 325.02.
Price to Earnings Growth Ratio
PayPal has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PayPal has a P/B Ratio of 4.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PayPal (NASDAQ:PYPL) Stock

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 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.

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PYPL Stock News Headlines

March 8, 2023 | marketbeat.com

eBay Faces Growing Competition and Eroding Market Share (PYPL)

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March 26, 2023 | fool.com

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March 27, 2023 | Weiss Ratings (Ad)

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March 25, 2023 | seekingalpha.com

PayPal: Overblown Fears

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PayPal: Growth Is Now A Real Problem (Technical Analysis)