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,
During the height of the COVID-19 pandemic, PayPal (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.
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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.
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.
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.
Shares of financial technology company PayPal (NASDAQ: PYPL) were up 39% in 2024, according to data provided by S&P Global Market Intelligence, compared to just a 23.3% return for the S&P 500. The reality is that PayPal stock underperformed the S&P 500 for three straight years,
PayPal Holdings Inc. closed 4.15% below its 52-week high of $93.66, which the company achieved on December 9th.
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.
Fintech giant PayPal filed the plans for the company's $17.3 million Austin office more than two years after signing the lease.
JetBlue (JBLU) announced it is the first airline to accept Venmo (PYPL), offering customers an easy and secure payment option when booking