PayPal (NASDAQ:PYPL) Price Target Cut to $42.00 by Analysts at Cantor Fitzgerald

PayPal (NASDAQ:PYPL) had its target price trimmed by Cantor Fitzgerald from $60.00 to $42.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a neutral rating on the credit services provider’s stock.

Several other equities research analysts also recently weighed in on PYPL. Bank of America reaffirmed a “neutral” rating and issued a $68.00 price objective (down previously from $93.00) on shares of PayPal in a report on Thursday, December 11th. Jefferies Financial Group reaffirmed a “hold” rating on shares of PayPal in a research note on Wednesday, January 7th. Evercore decreased their price objective on shares of PayPal from $65.00 to $40.00 and set an “in-line” rating for the company in a report on Tuesday, February 3rd. Daiwa Securities Group cut PayPal from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $77.00 to $61.00 in a report on Tuesday, January 13th. Finally, BTIG Research restated a “neutral” rating on shares of PayPal in a research report on Tuesday, February 3rd. Ten research analysts have rated the stock with a Buy rating, thirty have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, PayPal currently has an average rating of “Hold” and a consensus price target of $62.46.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $41.15 on Monday. PayPal has a 12-month low of $38.88 and a 12-month high of $79.50. The company has a market cap of $37.89 billion, a PE ratio of 7.61, a P/E/G ratio of 0.79 and a beta of 1.43. The stock has a 50 day simple moving average of $56.75 and a 200-day simple moving average of $64.01. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.49.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). PayPal had a net margin of 15.77% and a return on equity of 25.42%. The business had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.82 billion. During the same period in the previous year, the firm earned $1.19 EPS. The firm’s revenue was up 4.0% on a year-over-year basis. On average, equities research analysts forecast that PayPal will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.4%. PayPal’s dividend payout ratio is currently 10.35%.

Insiders Place Their Bets

In other news, EVP Frank Keller sold 3,478 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $40.20, for a total transaction of $139,815.60. Following the completion of the sale, the executive vice president directly owned 51,567 shares of the company’s stock, valued at $2,072,993.40. This trade represents a 6.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total value of $249,054.08. Following the sale, the insider directly owned 30,983 shares in the company, valued at $1,854,022.72. This trade represents a 11.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.08% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PYPL. Norges Bank acquired a new position in PayPal in the 2nd quarter valued at approximately $921,570,000. Vanguard Group Inc. grew its holdings in shares of PayPal by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock valued at $5,276,205,000 after acquiring an additional 5,534,462 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of PayPal by 35.9% in the third quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock worth $548,520,000 after acquiring an additional 2,160,227 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of PayPal by 1,066.0% during the second quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after acquiring an additional 1,925,583 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in PayPal during the third quarter valued at $97,794,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Several bullish pieces argue the stock is oversold and present buying opportunities, which can attract value‑oriented investors and short‑covering demand. Read More.
• Positive Sentiment: Another Seeking Alpha piece lays out why the recent sell‑off may be overextended and highlights what could drive a rebound, supporting short‑term buying interest. Read More.
• Neutral Sentiment: Zacks flags PYPL as a trending/most‑watched stock, which can boost trading volume but doesn’t change fundamentals. Read More.
• Neutral Sentiment: Argus trimmed its price target to $65 — a reduction but still above current levels; this is mixed news (smaller long‑term signal than the larger cuts below). Read More.
• Negative Sentiment: Sanford C. Bernstein slashed its price target to $45 and moved to Market Perform, reducing analyst support and adding downward pressure. Read More.
• Negative Sentiment: Cantor Fitzgerald cut its target to $42 and kept a Neutral rating, further trimming expectations and limiting near‑term upside. Read More.
• Negative Sentiment: PayPal is facing an active securities investigation announced by Levi & Korsinsky, which raises legal/financial risk and can prolong volatility. Read More.
• Negative Sentiment: An EVP, Frank Keller, sold ~3,478 shares (~6.3% reduction in his position) — insider selling can be read negatively even if not large relative to total float. Read More.
• Negative Sentiment: Critical commentary asks how PayPal can turn its business around, reflecting investor concern about execution and growth — a sentiment headwind. Read More.

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.