Seaport Res Ptn lowered shares of PayPal (NASDAQ:PYPL – Free Report) from a hold rating to a strong sell rating in a research report report published on Thursday morning,Zacks.com reports. Seaport Res Ptn also issued estimates for PayPal’s Q3 2025 earnings at $1.25 EPS, Q4 2025 earnings at $1.38 EPS and Q3 2026 earnings at $1.45 EPS.
Other research analysts have also issued reports about the company. Macquarie upped their price target on PayPal from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Piper Sandler decreased their price target on shares of PayPal from $85.00 to $76.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 26th. Wells Fargo & Company cut their price objective on shares of PayPal from $80.00 to $74.00 and set an “equal weight” rating for the company in a research report on Wednesday. Morgan Stanley boosted their price target on PayPal from $79.00 to $80.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, PayPal has a consensus rating of “Moderate Buy” and an average price target of $86.84.
View Our Latest Stock Report on PYPL
PayPal Stock Performance
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.11 by $0.08. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The business had revenue of $8.37 billion during the quarter, compared to analysts’ expectations of $8.27 billion. During the same quarter in the previous year, the business posted $1.48 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Research analysts anticipate that PayPal will post 5.03 earnings per share for the current fiscal year.
Insider Activity at PayPal
In other PayPal news, Director Gail J. Mcgovern sold 2,446 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $72.15, for a total value of $176,478.90. Following the completion of the sale, the director now owns 29,734 shares of the company’s stock, valued at approximately $2,145,308.10. This represents a 7.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.14% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On PayPal
Several institutional investors and hedge funds have recently made changes to their positions in PYPL. Anchor Investment Management LLC increased its stake in PayPal by 9.9% during the 3rd quarter. Anchor Investment Management LLC now owns 35,219 shares of the credit services provider’s stock worth $2,748,000 after purchasing an additional 3,175 shares in the last quarter. Boyar Asset Management Inc. acquired a new position in shares of PayPal in the third quarter valued at approximately $208,000. World Investment Advisors LLC bought a new stake in shares of PayPal during the third quarter worth $5,296,000. Sfmg LLC acquired a new stake in shares of PayPal during the third quarter worth $234,000. Finally, Wilmington Savings Fund Society FSB lifted its position in PayPal by 196.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,221 shares of the credit services provider’s stock valued at $798,000 after acquiring an additional 6,772 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.
About PayPal
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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