Key PointsEconomic headwinds in 2022 and 2023 slowed PayPal's growth.Analyst ratings for PayPal are mixed, with a current "hold" rating, reduced optimism and recent downgrades.The chart suggests a potential breakout as PayPal consolidates between key moving averages, hinting at a turnaround if it breaks above the 200-day SMA.5 stocks we like better than PayPalFew names outperformed PayPal Holdings Inc. NASDAQ: PYPL during the COVID-19 pandemic. Imagine a company that not only weathered the storm of the COVI ...

Editor's note: Seeking Alpha is proud to welcome Emir Mulahalilovic as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Justin SullivanPayPal (NASDAQ:NASDAQ:PYPL) is a company that operates a payments ecosystem— everything from peer-to-peer transfers, digital wallets, checkout solutions as well as the processing infrastructure behind it. The product suite ...

Prometeo, a Uruguay-based FinTech infrastructure company focused on financial institutions in Latin America, has raised $13 million in Series A funding. The funding round was led by Antler Elevate with participation from new investors PayPal Ventures, Samsung Next and partners from DN Capital, as well as existing backers, Prometeo said in a Friday (Jan. 12) press release emailed to PYMNTS. The company will use the new capital to expand its multi-banking data and payments offerings in Latin America, accordin ...

Justin Sullivan Investment Thesis I believe the buy thesis for PayPal (NASDAQ:PYPL) is centered around the growth of their Venmo Credit Card. In my opinion, this is a strategic move to capitalize on and monetize its extensive Venmo user base, alleviating one of the street's biggest concerns around the stock. Venmo's credit card, with its attractive cash-back offerings and the backing of Visa (V), enhances both its acceptance and appeal, aligning well with PayPal's existing reputation among international mer ...

When the curtain closed on 2023, optimists emerged as winners (as is often the case). Although the Dow Jones Industrial Average made headlines for streaking to a record high, it's the 43% gain for the Nasdaq Composite and the even more robust 54% increase in the Nasdaq 100 that really shined brightest. These gains demonstrate that investors' appetites for growth stocks and innovation is as strong as ever.But just because the Nasdaq 100 was a standout index in 2023 doesn't mean all 101 of its components shar ...

chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) stock used to trade around $300, hitting a high of about $310 in 2021. However, poor management decisions, a slow economic environment, high interest rates, worsening sentiment, higher costs, and other factors caused PayPal's stock to melt to a low of just $50 in recent months. PYPL (StockCharts.com) This monstrous decline illustrates an epic drop of 84%. PayPal probably bottomed, and we could see an epic recovery from here. Despite the transitory issues, Pa ...

Shares of financial-technology (fintech) pioneer PayPal (PYPL -1.12%) dropped 13.8% in 2023, according to data provided by S&P Global Market Intelligence. And late in the year, the stock was even down as much as 29% before rallying slightly during the last couple of months.Looking at the full-year chart is helpful in identifying the defining moments of 2023 for PayPal. As seen below, the stock had outsized drops in February, May, and August, which coincides with releasing quarterly financial results. When i ...

Paypal (PYPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this technology platform and digital payments company have returned +2% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Internet - Software industry, to which Paypal belongs, has gained 5.6% over this period. Now the key question is: Where could the stock be headed in the near term? ...

The fintech landscape is rife with competition. Unicorn start-ups such as Stripe and Plaid have taken on the world's largest payment processors, while buy now, pay later functionality is all the rage among e-commerce platforms.PayPal (PYPL 0.57%), which is one of the longest-tenured giants in online financial services, has been anything but immune to the rising competition among fintech businesses. This 2015 spin-off from eBay currently trades 80% below all-time highs set in mid-2021. Given such a precipito ...

PayPal (NASDAQ:PYPL) boasts impressive U.S. adult usage over the past five years. Currently, more than 70% of the adult American population uses this platform, highlighting PYPL stock’s strong brand recognition and user loyalty. Indeed, PYPL stock has been solidified as a preferred payment method, providing a robust foundation for future growth strategies in the U.S. payment ecosystem.PayPal did face challenges this past year, witnessing a 17% stock value decline. Despite past struggles, optimism arises fro ...