PayPal (PYPL 2.30%) is a leader in the electronic payments niche of the broader financial services industry but hasn't been too kind to investors in recent years. Shares currently trade at an alarming 73% off their peak, which was established in July 2021.However, there's been a renewed sense of optimism from the market, as the fintech stock has climbed 25% in the past three months (as of Nov. 18). Does this momentum make the PayPal shares a no-brainer buy that can double in five years?Solid financial perfo ...

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21).The incident lasted from 10:53 UTC to 12:59 UTC Thursday, the company said on its status page.The outage affected account withdrawals, express checkout, cryptocurrency, the receive money function of Xoom and several functions of Venmo, according to the status page.PayPal posted its initial notification of the incident at 12:15 UTC Thursday and said it was resolved at 12:59 UTC Thursday.“We are experienc ...

PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability to process payments.The San Jose, Calif.-based tech giant issued an incident report on its web site on Thursday saying that the outage “may be affecting multiple products in our Production environment.”“Merchants may be encountering an elevated number of” error messages.PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability ...

PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers.The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card are the first users.“Cross-border transactions are an important driver for economic growth and prosperity in developing countries,” Jose Fernandez da Ponte, PayPal senior vice president o ...

Shares of the fintech enterprise have surged in the past few months.Since its founding more than two decades ago, PayPal (PYPL -1.74%) has become a leader in the digital payments arena. However, in the past few years, it has become a disappointment for investors.Shares of PayPal currently trade about 70% below the all-time high they touched in 2021, even though they have soared by more than 40% in the past four months. That combination might have you considering this fintech stock as an investment candidate ...

PayPal customers can easily collect and manage funds with friends and family for things like group gifts, travel, special events, and more in the PayPal app.SAN JOSE, Calif., Nov. 14, 2024 /PRNewswire/ -- Today, PayPal announced a new experience that gives customers an easy way to pool money with friends and family for group gifts, travel, special events or other shared expenses. Rolling out globally across the US, Germany, Italy and Spain, the new experience gives customers the ability to set up a pool in ...

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...

PayPal (PYPL) shares are one of the cheaper stocks in the Zacks Internet Software with a Value Score of B. PYPL stock is trading at a significant discount with a forward 12-month P/E of 17.91X compared with the industry's 34.87X. PayPal's cheap valuation is attractive for investors. However, is it worth buying at current prices? Let's dig deep to find out. PYPL's P/E Ratio (F12M) Image Source: Zacks Investment Research PYPL Stock Rides on Strong Portfolio Year to date, PayPal shares have returned 41.6%, out ...

PayPal's latest results show that management's efficiency efforts are paying off.PayPal Holdings (PYPL -0.07%) recently reported its third-quarter earnings, and user growth continues to be sluggish. However, management has made some big moves that aren't reflected in the numbers yet, and you might be surprised at how much more efficient the business has become.*Stock prices used were the midday prices of Nov 4, 2024. The video was published on Nov 5, 2024. ...

Since our last coverage , PayPal Holdings, Inc. (NASDAQ: PYPL ) has appreciated by 11%, surpassing our prior short-term target of $80. We revise our year-end technical target to $96 in light of continued fundamental improvements. Further supporting its bullish case, PayPal’s forwardYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Charte ...