It's almost impossible to predict whether a stock can turn investors into millionaires one day. However, PayPal's durable growth and competitive strengths certainly resemble traits of a high-quality business. It's also very profitable, with an operating margin in the high teen percentages.
Jefferies reiterated a Hold rating on PayPal Holdings Inc . (NASDAQ:PYPL), with a price target of $90.00, closely aligned with the current share price of $89.77. According to InvestingPro analysis, PayPal appears undervalued,
PayPal is in the hacker and scammer crosshairs as cyberattacks continue—here’s what you need to know to protect your account and your money.
PayPal (NASDAQ: PYPL) was a big winner in 2024, with shares rising by 39% for the year. This handily outpaced the S&P 500 and even beat the high-flying Nasdaq Composite index by more than 10 percentage points.
Read here for an analysis of PayPal's potential for growth in 2025, supported by strong cash flow and margins, driving a buy rating and target price of $121.
PayPal Holdings Inc. closed 4.15% below its 52-week high of $93.66, which the company achieved on December 9th.
During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That figure was up 9% year over year and 136% higher than in the third quarter (Q3) of 2019. What's more, revenue in the past five years has climbed at a 12.4% annualized clip. PayPal is clearly still growing nicely.
Olé Life, an insurance technology startup that serves markets in Latin America, secured $13 million in funding from investors. The Miami company offers flexible term life insurance policies online and through its mobile app. Olé Life plans to use the capital to grow its customer base and add new products beyond life insurance.
Analysts expect its revenue and GAAP EPS to have grown 6% and 4%, respectively, in 2024. For 2025, they expect its revenue and GAAP EPS to rise 6% and 17%, respectively, as the macroeconomic environment improves and it expands its ecosystem. That stable growth indicates it can keep growing over the long term without eBay's support.
PayPal's stock has gained over 40% in six months, but long-term technicals and fundamentals indicate potential overvaluation and weakness. Read more here.
PayPal Holdings Inc (PYPL) stock saw a modest uptick, ending the day at $91.81 which represents a slight increase of $2.89 or 3.25% from the prior close of $88.92. The stock opened at $90.76 and touched a low of $90.
JetBlue (JBLU) announced it is the first airline to accept Venmo (PYPL), offering customers an easy and secure payment option when booking