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PayPal (PYPL) Stock Price, News & Analysis

$59.09
-0.67 (-1.12%)
(As of 07/8/2024 ET)
Today's Range
$58.63
$60.03
50-Day Range
$57.81
$67.92
52-Week Range
$50.25
$76.54
Volume
10.31 million shs
Average Volume
12.01 million shs
Market Capitalization
$61.81 billion
P/E Ratio
14.88
Dividend Yield
N/A
Price Target
$73.82

PayPal MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
24.9% Upside
$73.82 Price Target
Short Interest
Healthy
2.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
0.92mentions of PayPal in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$272,616 Sold Last Quarter
Proj. Earnings Growth
9.90%
From $4.14 to $4.55 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.

4.75 out of 5 stars

Computer And Technology Sector

10th out of 568 stocks

Business Services, Not Elsewhere Classified Industry

4th out of 91 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

Businessman and golden bull
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3 Stock Giants Analysts Are Bullish On Despite Struggles
Despite recent struggles, PYPL, BABA, and PFE present attractive opportunities with favorable P/Es, high dividend yields, and analyst-predicted upsides.
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The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
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Affirm Holdings Stock: Is It Time to Buy Now and Get Paid Later? (PYPL)
Affirm Holdings Inc. (NASDAQ: AFRM) is a leader in the buy-now-pay-later (BNPL) industry. They provide installment loans to consumers enabling them to split
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3 Stocks with Unusual Call Option Activity and High Buying Volume
When traders decide to bet on stock options rather than lay their capital into buying straight shares, investors must notice two main implications of trading options rather than shares. First, options have an expiration date and a strike price, meaning whoever buys an option needs to get the direction (and magnitude of a move) and the timing right in the trade.
Bank of America logo on building
3 Stocks with Unusual Call Option Activity and High Buying Volume (PYPL)
Three stocks reported higher than usual call option buying activity, meaning that there are bets on short-term rises probably due to these fundamental reasons.
PayPal: Buy, Sell, or Hold?
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
PayPal (NASDAQ:PYPL) Shares Down 1.3%
PayPal (NASDAQ:PYPL) Trading 0.4% Higher
3 Tech Value Traps That Are Actually Screaming Buys
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
7/09/2024
Next Earnings (Confirmed)
7/30/2024
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
$73.82
High Stock Price Target
$90.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+24.9%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
36 Analysts

Profitability

Net Income
$4.25 billion
Pretax Margin
18.23%

Debt

Sales & Book Value

Annual Sales
$29.77 billion
Cash Flow
$4.39 per share
Book Value
$19.14 per share

Miscellaneous

Outstanding Shares
1,046,050,000
Free Float
1,044,582,000
Market Cap
$61.81 billion
Optionable
Optionable
Beta
1.42

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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

Should I Buy PayPal Stock? PYPL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PayPal Holdings, Inc.:

  • PayPal has shown consistent revenue growth year-over-year, indicating a strong business performance.
  • Analysts have set optimistic price targets for PayPal, suggesting potential for stock price appreciation.
  • PayPal's technology platform enables digital payments globally, tapping into the growing trend of cashless transactions.
  • Recent insider transactions, such as Director Deborah M. Messemer selling shares, may indicate confidence in the company's future prospects.
  • With a return on equity of 21.58%, PayPal demonstrates efficient use of shareholder equity to generate profits.

Cons

Investors should be bearish about investing in PayPal Holdings, Inc. for these reasons:

  • PayPal's recent earnings report showed a miss on analysts' consensus estimates, potentially signaling challenges in meeting market expectations.
  • The company's net margin of 14.26% may indicate lower profitability compared to some competitors in the industry.
  • There is a debt-to-equity ratio of 0.47, which suggests that PayPal has a moderate level of debt that investors should consider.
  • While PayPal has a strong market presence, increased competition in the digital payments sector could impact its market share and growth prospects.
  • Market analysts have issued a mix of hold and buy ratings, indicating uncertainty about the company's future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these PayPal pros and cons to contact@marketbeat.com.

PYPL Stock Analysis - Frequently Asked Questions

How have PYPL shares performed this year?

PayPal's stock was trading at $61.41 on January 1st, 2024. Since then, PYPL stock has decreased by 3.8% and is now trading at $59.09.
View the best growth stocks for 2024 here
.

How were PayPal's earnings last quarter?

PayPal Holdings, Inc. (NASDAQ:PYPL) released its earnings results on Tuesday, April, 30th. The credit services provider reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.22 by $0.14. The company's revenue was up 9.4% on a year-over-year basis.
Read the conference call transcript
.

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.

Does PayPal have any subsidiaries?

PayPal subsidiaries include HONEY, gopay, Simility, hyperWALLET Systems, Jetlore, iZettle, Swift Capital, and more.

Who are PayPal's major shareholders?

Top institutional shareholders of PayPal include Douglas Lane & Associates LLC (0.08%), DNB Asset Management AS (0.02%), Thompson Investment Management Inc. (0.02%) and Boston Common Asset Management LLC (0.01%). Insiders that own company stock include Daniel H Schulman, Daniel H Schulman, Mark Britto, Jonathan Auerbach, Peggy Alford, Gabrielle Scheibe, Frank Keller, Deborah M Messemer, Enrique Lores, Frank D Yeary, David W Dorman, John J Donahoe and Jeffrey William Karbowski.
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.

What other stocks do shareholders of PayPal own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PayPal investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Walt Disney (DIS), Block (SQ), Salesforce (CRM) and Tesla (TSLA).

This page (NASDAQ:PYPL) was last updated on 7/9/2024 by MarketBeat.com Staff

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