The company reported better-than-expected earnings for the second quarter.PayPal (PYPL -0.71%) stock zoomed higher this week, according to data from S&P Global Market Intelligence. After a rough few years, the financial technology (fintech) giant has stabilized its active users and continues to grow payment volume, revenue, and profits. It reported second-quarter earnings that beat Wall Street expectations, and shares are up 12% since last Friday as of the close on Thursday, Aug. 1.Here's why PayPal stock s ...

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short September 2024 $62.50 calls on PayPal. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

PayPal Holdings, Inc. (PYPL) reported non-GAAP earnings of $1.19 per share for second-quarter 2024, which improved 36% on a year-over-year basis. The figure surpassed the Zacks Consensus Estimate by 23.96%.Net revenues of $7.9 billion exhibited year-over-year growth of 9% on an FX-neutral basis and 8% on a reported basis. The figure topped the Zacks Consensus Estimate by 1.04%.Growing transaction revenues drove year-over-year top-line growth in the reported quarter. Accelerating U.S. and international reven ...

PayPal Holdings Inc PYPL shares were climbing in early trading on Wednesday, despite the company reporting upbeat second-quarter results.The results came amid an exciting earnings season. Here are some key analyst takeaways.Goldman Sachs On PayPal HoldingsAnalyst Will Nance maintained a Neutral rating while raising the price target from $68 to $69.PayPal reported "solid" quarterly results, "with a 7% transaction margin beat vs consensus, even after stripping out more one-off drivers, Nance said in a note. " ...

Investors interested in Internet - Software stocks are likely familiar with Paypal (PYPL) and F5 Networks (FFIV) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify ...

San Jose, CA-based PayPal (PYPL) , which is one of the largest online payment solution providers, came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of 96 cents per share. The reported figure compares with earnings of $1.16 per share a year ago.The company, which belongs to the Zacks Internet - Software industry, posted revenues of $7.89 billion in the second quarter (up 9% year over year on a currency-neutral basis), surpassing the Zacks Consensus Estimate by 1.04%.Pa ...

When investors think of stocks worthy of a second look or even a percentage allocation of their hard-earned capital, the technology sector and its run for artificial intelligence growth might come to mind first. However, not all stocks in the sector are made equal. While most have outperformed, there are still a few names that need to catch up.PayPal TodayPYPLPayPal$64.00 +5.06 (+8.59%) 52-Week Range$50.25▼$76.54P/E Ratio16.12Price Target$73.26Add to WatchlistAmong these is PayPal Holdings Inc. NASDAQ: PYPL ...

JHVEPhoto PayPal stock (NASDAQ:PYPL) has lost more than 10% of its value since key competitor Apple (AAPL) deepened its foray into consumer payment solutions with the launch of “Tap to Cash” in early June. Despite PayPal’s Q2 beat and raise, the stock’s responding uplift has yet to recover from its intra-quarter declines. As we had discussed in a previous coverage, Apple Pay’s deeper penetration into consumer payment solutions has come directly for PayPal’s Venmo monetization efforts this year. Admitted ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 001-36859 PayPal Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 47-2989869 (State or Other Jurisdiction of In ...

JasonDoiy Second quarter results of PayPal Holdings, Inc. (NASDAQ:PYPL) showed that the fintech is making some minor progress in terms of combating account losses. PayPal also enjoyed double-digit growth in the important total payment volume metric, and now anticipates $1.0 billion more in free cash flow and share buybacks in 2024. The fintech also defended high operating margins exceeding 18% and forecasted stronger earnings growth than before 2Q24 earnings. Though I am still a bit skeptical about PayP ...