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PayPal: Encouraging Execution, But Q3 Won't Be As Good As Q2
Seeking Alpha· 2024-10-18 13:44
It's been a little over a year since Alex Chriss took over the helm at PayPal Holdings (NASDAQ: PYPL ) (NEOE: PYPL:CA ), the global payments specialist, and it appears that Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business ...
Paypal (PYPL) Upgraded to Buy: Here's Why
ZACKS· 2024-10-16 17:05
Paypal (PYPL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often find ...
Are You Looking for a Top Momentum Pick? Why Paypal (PYPL) is a Great Choice
ZACKS· 2024-10-16 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
German E-Commerce Payment Market Forecast Report 2024-2032: PayPal, Sofort and Mobile Wallets are Increasing in Popularity - 12.3% CAGR Forecast During 2024-2032
GlobeNewswire News Room· 2024-10-16 11:31
Dublin, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The "Germany E-Commerce Payment Market Forecast Report by Type, Application and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering. Germany's E-Commerce Payment market is expected to grow from US$ 214.31 Billion in 2023 to reach US$ 609.26 Billion by 2032, at a CAGR of 12.31 % from 2024 to 2032. The region's market is experiencing strong growth due to several factors, including rising internet penetration, the quick uptake of mobi ...
3 Fintech Stocks to Watch as 2024 Winds Down
Schaeffers Investment Research· 2024-10-10 17:54
There's been a lot of movement in the fintech sector lately. With under a quarter to go in 2024, which stock have fared the best, and is set up for a strong finish to the calendar year? PayPal Holdings Inc (NASDAQ:PYPL) stock is down 3.4% to trade at $78.81, after Bernstein downgraded the payment processor to "market-perform" from "outperform." While also hiking its price target to $80 from $75, the analyst in coverage cited Big Tech competitive pressures as a headwind. Just yesterday, PYPL hit an annual hi ...
PayPal just opened a new ad business. The exec leading it unpacks the plan to link advertisers with its trove of transaction data.
Business Insider· 2024-10-10 09:00
PayPal is set to launch an ad business, starting in the US.The company intends to offer ads across its own properties, as well as other retailers.It's pitching advertisers on its trove of transaction data and the large audience of PayPal accounts. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while ...
Why Investors Are Eyeing PayPal Holdings Inc (PYPL): The Key Drivers of Market Outperformance
Gurufocus· 2024-10-08 15:01
PayPal Holdings Inc (PYPL, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently priced at $80.93, PayPal Holdings Inc has experienced a daily gain of 0.83% and an impressive three-month increase of 36.71%. A detailed analysis, supported by the GF Score, positions PayPal Holdings Inc for significant future growth. What Is the GF Score? The GF Score is a proprietary stock ...
KBW Raises Price Targets for PayPal (PYPL) and Mastercard (MA)
Gurufocus· 2024-10-08 10:30
KBW has updated its price targets for two major financial firms. The target for PayPal (PYPL, Financial) has been increased from $78 to $92. Similarly, the target for Mastercard (MA) has been raised from $550 to $580.These adjustments reflect a positive outlook on the performance and potential growth of both companies, indicating confidence in their market strategies and future earnings. ...
PYPL or PANW: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-07 16:46
Investors looking for stocks in the Internet - Software sector might want to consider either Paypal (PYPL) or Palo Alto Networks (PANW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that target ...
Rocket Companies Names Venmo Chief Technology Officer, Former PayPal Executive, Papanii Okai EVP of Product Engineering
Prnewswire· 2024-10-07 15:54
Okai brings years of tech leadership to Rocket as the company continues its strategy of AI-fueled homeownershipDETROIT, Oct. 7, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, today named Venmo Chief Technology Officer and former PayPal technology executive Papanii Okai the Executive Vice President (EVP) of Product Engineering – effective October 7. In this newly created role, Okai will work ...