Argus Forecasts Strong Price Appreciation for PayPal (NASDAQ:PYPL) Stock

PayPal (NASDAQ:PYPL) had its price target increased by research analysts at Argus from $81.00 to $87.00 in a note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. Argus’ price objective points to a potential upside of 28.07% from the stock’s current price.

Several other research analysts have also recently issued reports on the stock. Rothschild & Co Redburn increased their price target on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Wells Fargo & Company raised PayPal to a “hold” rating in a research note on Wednesday, October 22nd. Truist Financial set a $65.00 target price on PayPal in a research note on Friday, October 24th. Macquarie reiterated an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada increased their price objective on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday. Sixteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $83.31.

PayPal Price Performance

PayPal stock opened at $67.93 on Wednesday. The stock has a market capitalization of $64.90 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 1.03 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.33. PayPal has a 12 month low of $55.85 and a 12 month high of $93.66. The business has a 50 day simple moving average of $69.07 and a 200-day simple moving average of $70.04.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The company had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts predict that PayPal will post 5.03 earnings per share for the current year.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PayPal

Hedge funds have recently added to or reduced their stakes in the business. Evermay Wealth Management LLC increased its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Hilltop National Bank purchased a new position in PayPal during the second quarter worth $27,000. MUFG Securities EMEA plc increased its position in PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after buying an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd increased its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares in the last quarter. Finally, True Wealth Design LLC increased its position in PayPal by 285.3% during the third quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock worth $35,000 after buying an additional 388 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Company Profile

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.