PayPay (NASDAQ:PAYP) Now Covered by Analysts at Citigroup

Investment analysts at Citigroup initiated coverage on shares of PayPay (NASDAQ:PAYP) in a research report issued to clients and investors on Monday. The firm set a “neutral” rating and a $23.00 price target on the fintech company’s stock. Citigroup’s target price would suggest a potential upside of 9.42% from the stock’s current price.

A number of other equities analysts have also weighed in on PAYP. Bank of America initiated coverage on shares of PayPay in a research report on Monday. They issued a “buy” rating and a $26.00 price objective for the company. Deutsche Bank Aktiengesellschaft initiated coverage on shares of PayPay in a research note on Monday. They issued a “hold” rating and a $20.00 target price for the company. Wolfe Research began coverage on PayPay in a report on Monday. They issued an “outperform” rating and a $26.00 price target for the company. Benchmark started coverage on PayPay in a research note on Monday. They set a “buy” rating and a $31.00 price target on the stock. Finally, Morgan Stanley assumed coverage on PayPay in a research report on Monday. They issued an “equal weight” rating and a $24.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, PayPay currently has a consensus rating of “Moderate Buy” and an average price target of $25.44.

PayPay Stock Performance

Shares of NASDAQ:PAYP opened at $21.02 on Monday. PayPay has a 52-week low of $17.00 and a 52-week high of $24.89.

PayPay (NASDAQ:PAYP) last posted its quarterly earnings data on Thursday, February 12th. The fintech company reported $0.18 EPS for the quarter. The company had revenue of $636.46 million for the quarter.

Key Headlines Impacting PayPay

Here are the key news stories impacting PayPay this week:

• Positive Sentiment: Bank of America started coverage with a “Buy” rating and a $26.00 price target (≈24% upside), highlighting upside relative to current levels. Benzinga
• Positive Sentiment: Benchmark initiated coverage with a “Buy” and a $31.00 target (≈48% upside), the most bullish call among the group and a strong catalyst for investor interest. Benzinga
• Positive Sentiment: Mizuho began coverage with an “Outperform” rating and a $26.00 target (≈24% upside), reinforcing the buy-side narrative. Benzinga TickerReport
• Neutral Sentiment: Morgan Stanley initiated coverage at “Equal Weight” with a $24.00 target (≈14% upside), a more conservative view that may limit near‑term upside expectations. Benzinga

About PayPay

As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.