Bank of America Reaffirms Neutral Rating for PayPal (NASDAQ:PYPL)

PayPal (NASDAQ:PYPL)‘s stock had its “neutral” rating reissued by investment analysts at Bank of America in a report released on Thursday, MarketBeat Ratings reports. They presently have a $68.00 target price on the credit services provider’s stock, down from their prior target price of $93.00. Bank of America‘s target price would indicate a potential upside of 11.18% from the stock’s current price.

PYPL has been the topic of a number of other research reports. President Capital dropped their price target on PayPal from $91.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, November 25th. UBS Group increased their price objective on PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Needham & Company LLC reissued a “hold” rating on shares of PayPal in a research note on Tuesday, October 28th. Sanford C. Bernstein reduced their price objective on PayPal from $85.00 to $76.00 in a research report on Tuesday, October 21st. Finally, Robert W. Baird set a $83.00 price target on shares of PayPal in a research note on Wednesday, October 29th. Fourteen equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, PayPal has a consensus rating of “Hold” and an average target price of $80.22.

PayPal Stock Up 0.6%

PYPL stock opened at $61.16 on Thursday. PayPal has a fifty-two week low of $55.85 and a fifty-two week high of $93.25. The stock’s 50 day simple moving average is $66.19 and its 200 day simple moving average is $69.28. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market cap of $57.22 billion, a P/E ratio of 12.26, a price-to-earnings-growth ratio of 0.83 and a beta of 1.43.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the prior year, the business posted $1.20 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. On average, research analysts expect that PayPal will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,156 shares of company stock worth $2,432,524 over the last quarter. Company insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On PayPal

Large investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock worth $596,000 after buying an additional 924 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in PayPal during the fourth quarter valued at approximately $248,000. Public Sector Pension Investment Board raised its holdings in PayPal by 6.0% during the 1st quarter. Public Sector Pension Investment Board now owns 157,570 shares of the credit services provider’s stock valued at $10,281,000 after buying an additional 8,966 shares during the period. HighTower Advisors LLC boosted its stake in shares of PayPal by 18.4% during the 1st quarter. HighTower Advisors LLC now owns 573,801 shares of the credit services provider’s stock worth $37,440,000 after purchasing an additional 89,077 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of PayPal by 6.8% during the first quarter. Russell Investments Group Ltd. now owns 529,067 shares of the credit services provider’s stock valued at $34,513,000 after buying an additional 33,797 shares during the period. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.