Shares of Paypal (PYPL) have gained 0.5% over the past four weeks to close the last trading session at $58.29, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $74.13 indicates a potential upside of 27.2%.The average comprises 31 short-term price targets ranging from a low of $60 to a high of $90, with a standard deviation of $8.17. While the lowest estimate indicates an increase ...

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. ...

Justin Sullivan Investment Thesis Since PayPal's (NASDAQ:PYPL)’s Q1 report, shares of the global payment processing giant have declined. A big reason for this was Apple's announcements at the Worldwide Developers Conference (WWDC) event back in June. Apple introduced a series competing consumer payment & financing rails option for Buy Now, Pay Later (BNPL) services to compete against established players such as PayPal (they partnered with Affirm to power their solution). PayPal stock has hurt from this, ...

PayPal (PYPL) is scheduled to release its second-quarter 2024 results on Jul 30.The company’s upcoming results are expected to reflect portfolio strength, which has been helping it maintain a deep and trusted relationship with merchants and consumers.Market uncertainties, high inflation, unfavorable foreign exchange fluctuations and sluggish trends in consumer spending are likely to have been concerning.For second-quarter 2024, PayPal expects revenues to grow 6.5% on a spot rate basis and 7% on a currency-n ...

The upcoming report from Paypal (PYPL) is expected to reveal quarterly earnings of $0.96 per share, indicating a decline of 17.2% compared to the year-ago period. Analysts forecast revenues of $7.78 billion, representing an increase of 6.8% year over year.The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a com ...

Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Britain's new Labour government will soon set out updated plans to regulate the "buy now, pay later" industry, a government spokesperson told CNBC.A Treasury department spokesperson said the government will do so "shortly," echoing earlier comments from Tulip Siddiq, the new economic secretary to the U.K. Treasury, to Parliament on Wednesday."Regulating Buy Now Pay Later products is crucial to protect p ...

Leadership Change - Enrique Lores appointed as new Independent Chair of PayPal's Board of Directors, succeeding John Donahoe who is retiring after serving since 2015 [1] - Lores has been President and CEO of HP Inc and served on PayPal's Board since June 2021 [1] - Alex Chriss, President and CEO of PayPal, praised Lores' expertise in consumer and enterprise technology and his experience in transforming HP [1] - Donahoe expressed confidence in Lores' ability to lead PayPal's Board and guide the company's future success [1] Company Overview - PayPal has been revolutionizing global commerce for over 25 years [2] - The company creates innovative experiences to make moving money, selling, and shopping simple, personalized, and secure [2] - PayPal operates in approximately 200 markets, empowering consumers and businesses to thrive in the global economy [2]

Tom Werner PayPal Holdings, Inc. (NASDAQ:PYPL) is set to release its second-quarter earnings report before the market opens on July 30th. The event is much anticipated, given that PayPal has experienced a series of downward earnings revisions before its release. Moreover, PayPal stock's beta coefficient of 1.6 echoes its volatility, meaning an earnings surprise could lead to significant movement in the firm's stock price. Our Previous Rating (Seeking Alpha) We last covered PayPal in October, arguing t ...

In the latest market close, Paypal (PYPL) reached $59.71, with a -1.74% movement compared to the previous day. This change lagged the S&P 500's 0.16% loss on the day. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.06%.Shares of the technology platform and digital payments company have appreciated by 2.15% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96%.Analysts and inv ...

Chicago, July 18, 2024 (GLOBE NEWSWIRE) -- The Embedded Finance Market is estimated at USD 115.8 billion in 2024 to USD 251.5 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period, according to a new report by MarketsandMarkets™. The market for embedded finance is fueled by the requirement to deliver financial services through platforms beyond traditional financial ones. They have made customers stick to their accounts and keep transacting with them by offering accessi ...