PayPal (NASDAQ:PYPL – Get Free Report) had its target price boosted by HSBC from $86.00 to $93.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the credit services provider’s stock. HSBC’s price target would indicate a potential upside of 36.91% from the stock’s current price.
A number of other equities analysts have also recently commented on the company. Sanford C. Bernstein lowered their price target on PayPal from $85.00 to $76.00 in a report on Tuesday, October 21st. Canaccord Genuity Group increased their price target on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday. Jefferies Financial Group raised their target price on PayPal from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday. UBS Group lifted their price objective on shares of PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Needham & Company LLC restated a “hold” rating on shares of PayPal in a report on Tuesday. Sixteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.31.
View Our Latest Report on PYPL
PayPal Stock Down 2.5%
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating 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%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, equities analysts expect that PayPal will post 5.03 EPS for the current year.
Insider Activity at PayPal
In other news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.08% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after buying an additional 276,339 shares during the last quarter. Norges Bank bought a new position in shares of PayPal in the second quarter worth approximately $921,570,000. Artisan Partners Limited Partnership lifted its holdings in shares of PayPal by 1.6% during the second quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock valued at $891,248,000 after purchasing an additional 184,014 shares in the last quarter. Deutsche Bank AG lifted its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of PayPal by 5.5% during the 2nd quarter. Invesco Ltd. now owns 10,038,584 shares of the credit services provider’s stock valued at $746,068,000 after buying an additional 522,514 shares during the period. Institutional investors 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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