Shares of PayPay Corporation (NASDAQ:PAYP – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $25.7273.
A number of brokerages have commented on PAYP. Cantor Fitzgerald began coverage on PayPay in a research report on Monday. They set an “overweight” rating and a $25.00 price objective for the company. Benchmark began coverage on PayPay in a research report on Monday. They set a “buy” rating and a $31.00 price objective for the company. Jefferies Financial Group began coverage on PayPay in a research report on Monday. They set a “buy” rating and a $28.00 price objective for the company. JPMorgan Chase & Co. began coverage on PayPay in a research report on Wednesday. They set an “overweight” rating and a $25.00 price objective for the company. Finally, Morgan Stanley began coverage on PayPay in a research report on Monday. They set an “equal weight” rating and a $24.00 price objective for the company.
View Our Latest Stock Report on PAYP
More PayPay News
- Positive Sentiment: Goldman Sachs upgraded PayPay to “strong-buy” (and reported a buy view with a $29 price target, ~42% upside from the current price), boosting conviction among growth/fintech investors. Read More.
- Positive Sentiment: JPMorgan initiated coverage with an “overweight” rating and a $25 price target (~23% upside), adding another blue‑chip endorsement that likely supports the rally. Read More.
- Positive Sentiment: Investor’s Business Daily (IBD) upgraded PayPay’s rating for improved price strength — a technical recognition that can attract momentum and retail traders. Read More.
- Positive Sentiment: Media/analysis coverage noted the share jump (articles explaining a ~5% intraday move), which can create follow‑on buying from momentum traders and algorithms. Read More.
- Neutral Sentiment: A broad set of firms (Morgan Stanley, Deutsche Bank, Benchmark, Mizuho, Wolfe Research, Cantor Fitzgerald, Citi, Jefferies and others) initiated coverage on PAYP over the same 24‑hour period. New coverage increases analyst attention and liquidity, but the impact will hinge on each shop’s specific ratings and price targets (not all initiations were accompanied by detailed PTs in initial reports). Read More. Read More. Read More. Read More. Read More. Read More. Read More. Read More.
PayPay Stock Up 1.3%
Shares of PAYP opened at $20.36 on Monday. PayPay has a 1-year low of $17.00 and a 1-year high of $24.89.
PayPay (NASDAQ:PAYP – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The fintech company reported $0.18 earnings per share for the quarter. The company had revenue of $636.46 million during the quarter.
PayPay Company Profile
As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.
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