PayPal (NASDAQ:PYPL – Get Free Report) had its price objective dropped by equities research analysts at Susquehanna from $94.00 to $90.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “positive” rating on the credit services provider’s stock. Susquehanna’s target price would suggest a potential upside of 54.32% from the stock’s previous close.
Several other brokerages also recently issued reports on PYPL. HSBC raised their price target on PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Mizuho decreased their price target on shares of PayPal from $84.00 to $75.00 and set an “outperform” rating on the stock in a research note on Monday, December 22nd. Sanford C. Bernstein restated a “market perform” rating on shares of PayPal in a report on Wednesday, December 17th. Citigroup lowered their target price on PayPal from $78.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Twelve research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus price target of $77.26.
Check Out Our Latest Research Report on PYPL
PayPal Price Performance
PayPal (NASDAQ:PYPL – Get Free Report) last issued its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, sell-side analysts forecast that PayPal will post 5.03 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Suzan Kereere sold 12,500 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the transaction, the insider owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 36,156 shares of company stock worth $2,432,524. Insiders own 0.08% of the company’s stock.
Institutional Trading of PayPal
A number of hedge funds have recently made changes to their positions in PYPL. Hilltop National Bank bought a new position in shares of PayPal during the second quarter valued at $27,000. MUFG Securities EMEA plc lifted its stake in shares of PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares during the period. Cloud Capital Management LLC bought a new stake in PayPal in the third quarter valued at approximately $30,000. Kelleher Financial Advisors acquired a new stake in PayPal during the 3rd quarter valued at approximately $30,000. Finally, True Wealth Design LLC raised its holdings in PayPal by 285.3% during the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock worth $35,000 after purchasing an additional 388 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.
PayPal Company Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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