PayPal (NASDAQ:PYPL) Price Target Raised to $60.00

PayPal (NASDAQ:PYPL) had its price target hoisted by Mizuho from $50.00 to $60.00 in a research report released on Wednesday,Benzinga reports. Mizuho currently has a neutral rating on the credit services provider’s stock.

A number of other equities research analysts have also commented on the company. Piper Sandler decreased their price target on PayPal from $46.00 to $42.00 and set a “neutral” rating on the stock in a research report on Monday, June 29th. BTIG Research reissued a “neutral” rating on shares of PayPal in a research note on Wednesday, July 15th. Morgan Stanley set a $45.00 price objective on PayPal in a research note on Wednesday. Truist Financial upgraded PayPal from a “sell” rating to a “hold” rating and increased their target price for the stock from $44.00 to $57.00 in a report on Friday, July 24th. Finally, William Blair restated a “market perform” rating on shares of PayPal in a research note on Wednesday, July 15th. Nine investment analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $55.50.

PayPal Stock Down 0.8%

Shares of NASDAQ:PYPL opened at $57.21 on Wednesday. The company has a market capitalization of $48.94 billion, a PE ratio of 10.81, a P/E/G ratio of 1.43 and a beta of 1.33. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.26 and a current ratio of 1.29. The company’s fifty day moving average is $47.03 and its 200-day moving average is $47.09. PayPal has a 52 week low of $38.46 and a 52 week high of $79.21.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same period in the previous year, the business earned $1.40 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Equities research analysts predict that PayPal will post 5.35 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a $0.14 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a yield of 1.0%. PayPal’s dividend payout ratio (DPR) is 10.59%.

Insider Activity

In other PayPal news, insider Suzan Kereere sold 3,379 shares of PayPal stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the transaction, the insider directly owned 30,983 shares in the company, valued at approximately $1,325,762.57. The trade was a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the completion of the sale, the insider owned 41,567 shares of the company’s stock, valued at $1,768,260.18. This trade represents a 9.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,612 shares of company stock valued at $484,534 in the last quarter. Company insiders own 0.63% of the company’s stock.

Hedge Funds Weigh In On PayPal

Several institutional investors and hedge funds have recently modified their holdings of PYPL. Bard Associates Inc. bought a new position in PayPal in the fourth quarter valued at approximately $25,000. Kelleher Financial Advisors bought a new stake in PayPal in the 3rd quarter valued at $30,000. Caitong International Asset Management Co. Ltd boosted its stake in PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 457 shares during the period. Safe Harbor Fiduciary LLC bought a new position in PayPal during the 4th quarter worth about $28,000. Finally, Advocate Investing Services LLC bought a new position in PayPal during the 4th quarter worth about $30,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Key PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal’s second-quarter results exceeded expectations, with adjusted earnings per share of $1.38 versus the $1.28 consensus and revenue of $8.68 billion versus $8.47 billion expected. Management also raised its full-year outlook, citing improving branded checkout, Venmo expansion and cost savings. PayPal Shares Pause as Raised Guidance Validates Turnaround Narrative
• Positive Sentiment: Several analysts raised their price targets following the earnings report, including JPMorgan, TD Cowen, Citigroup and Keefe, Bruyette & Woods. The targets—ranging from the mid-$50s to $70—suggest some analysts see additional upside if PayPal sustains its operational improvements. JPMorgan Analyst Says PayPal Stock Could Rise
• Positive Sentiment: Value-focused commentary highlights PYPL’s relatively low earnings multiple, arguing that the valuation could provide support if the company converts its stronger guidance into consistent growth. PayPal: A Steal At Less Than 10x Earnings
• Neutral Sentiment: Analyst opinion remains mixed. Canaccord Genuity maintained a hold rating, while Wells Fargo increased its target to $56 but kept an equal-weight rating. The broader brokerage consensus remains “hold,” reflecting improved results but limited confidence in PayPal’s longer-term growth trajectory. Canaccord Gives PayPal a Hold Rating
• Neutral Sentiment: Speculation about takeover interest, including a reported bid involving Stripe and Advent International, could support valuation, but no transaction is confirmed and investors remain focused on PayPal’s standalone turnaround. Is Takeout Target PayPal a Buy?
• Negative Sentiment: Bearish analysis says PayPal’s substantial share-repurchase program has not translated into sustained stock-price gains, underscoring skepticism about capital allocation and the company’s growth prospects. PayPal’s $17 Billion Bet Against Wall Street
• Negative Sentiment: Investors continue to monitor margin pressure, branded-checkout execution and PayPal’s slower growth relative to major payments peers. Two insiders also sold shares under pre-arranged Rule 10b5-1 plans; the sales are relatively small but may add modest near-term caution. PayPal Insider Selling

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.