PayPal (NASDAQ:PYPL – Get Free Report)‘s stock had its “hold” rating restated by analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, Benzinga reports. They presently have a $55.00 target price on the credit services provider’s stock. Canaccord Genuity Group‘s price target points to a potential downside of 1.56% from the stock’s current price.
A number of other equities research analysts have also recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research note on Tuesday. Susquehanna increased their price objective on shares of PayPal from $63.00 to $67.00 and gave the stock a “positive” rating in a report on Wednesday, July 29th. William Blair reiterated a “market perform” rating on shares of PayPal in a research report on Wednesday, July 15th. TD Cowen boosted their target price on shares of PayPal from $48.00 to $59.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Finally, Loop Capital decreased their target price on shares of PayPal from $62.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, August 28th. Nine research analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, PayPal currently has an average rating of “Hold” and a consensus target price of $57.22.
PayPal Stock Performance
NASDAQ PYPL traded down $0.22 during trading hours on Wednesday, reaching $55.87. The company’s stock had a trading volume of 2,764,369 shares, compared to its average volume of 17,175,777. The business has a 50-day simple moving average of $55.63 and a 200 day simple moving average of $50.05. PayPal has a 52 week low of $38.46 and a 52 week high of $72.73.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its earnings results on Tuesday, October 27th. The credit services provider reported $1.45 EPS for the quarter, beating the consensus estimate of $1.31 by $0.14. The company had revenue of $8.58 billion for the quarter, compared to the consensus estimate of $8.71 billion. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $1.34 earnings per share. As a group, sell-side analysts forecast that PayPal will post 5.39 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Frank Keller sold 4,612 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $55.43, for a total transaction of $255,643.16. Following the transaction, the insider owned 41,567 shares in the company, valued at $2,304,058.81. This trade represents a 9.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 552 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $54.80, for a total value of $30,249.60. Following the sale, the chief accounting officer directly owned 2,400 shares in the company, valued at approximately $131,520. The trade was a 18.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,705 shares of company stock valued at $727,886 over the last 90 days. 0.63% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On PayPal
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PYPL. Interchange Capital Partners LLC acquired a new position in PayPal in the 3rd quarter valued at approximately $258,000. China Universal Asset Management Co. Ltd. lifted its position in shares of PayPal by 8.5% in the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 28,827 shares of the credit services provider’s stock worth $1,553,000 after acquiring an additional 2,267 shares during the period. Childress Capital Advisors LLC grew its holdings in shares of PayPal by 6.7% during the 3rd quarter. Childress Capital Advisors LLC now owns 11,585 shares of the credit services provider’s stock worth $609,000 after purchasing an additional 732 shares in the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of PayPal by 56.2% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 2,642 shares of the credit services provider’s stock worth $139,000 after purchasing an additional 951 shares in the last quarter. Finally, VestGen Advisors LLC bought a new stake in shares of PayPal during the third quarter valued at approximately $212,000. 68.32% of the stock is owned by institutional investors.
PayPal News Summary
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal reported third-quarter adjusted EPS of $1.45, above the $1.31 analyst consensus, while payment volume increased 6% to $487.1 billion. Venmo growth, higher transaction volumes, cost controls, and operating leverage supported profitability. PayPal Q3 Earnings Beat Estimates on Venmo Growth
- Positive Sentiment: Management raised its 2026 adjusted earnings outlook and lifted transaction-margin-dollar guidance to $15.7 billion. It also expects approximately $700 million in cost savings by year-end, while fourth-quarter profit guidance reportedly exceeds Wall Street expectations. PayPal Raises 2026 Profit Forecast
- Positive Sentiment: PayPal returned capital through roughly $1.5 billion of share repurchases and declared a quarterly dividend of $0.14 per share, providing support for shareholder returns. PayPal Buybacks and Dividend News
- Neutral Sentiment: Analyst reactions remain divided. Some firms raised price targets citing expense control and early turnaround progress, while others maintained Hold or Neutral ratings and trimmed targets because structural growth concerns remain. Mixed Analyst Calls After Earnings
- Negative Sentiment: Revenue rose only 2% year over year to $8.58 billion, below the $8.71 billion consensus, with branded checkout remaining weak. Investors are also concerned that planned 2027 investments could pressure near-term results and that the turnaround will take time. Why PayPal Stock Barely Moved After Guidance Increase
PayPal Company Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and businesses to send, receive, and manage money online and through mobile devices. Its services support online checkout, peer-to-peer payments, money transfers, payment processing, invoicing, and other commerce-related transactions.
The company’s portfolio includes the PayPal and Venmo brands, Braintree’s payment processing technology, and Xoom’s international money transfer service. PayPal also offers merchant tools, digital wallets, payment solutions, and consumer financing products through its platform and related services.
PayPal traces its origins to 1998 and became an independent publicly traded company after separating from eBay in 2015.
Featured Articles
- Five stocks we like better than PayPal
- Welltower’s Strong Earnings Couldn’t Stop the Sell-Off—What’s Missing?
- Sherwin-Williams Remains Evergreen in a Frozen Housing Market
- Palantir’s Q3 Bar Is Higher Than It Looks: 3 Numbers to Watch
- Johnson Controls Beats the Heat in AI Data Centers
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.
