PayPay (NASDAQ:PAYP) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. initiated coverage on shares of PayPay (NASDAQ:PAYP) in a report issued on Wednesday morning, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $25.00 target price on the fintech company’s stock.

A number of other research analysts have also recently commented on the company. Morgan Stanley assumed coverage on PayPay in a report on Monday. They issued an “equal weight” rating and a $24.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of PayPay in a research note on Monday. They set a “hold” rating and a $20.00 target price for the company. Citigroup assumed coverage on shares of PayPay in a research note on Monday. They set a “neutral” rating and a $23.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of PayPay in a research note on Tuesday. They set a “buy” rating and a $29.00 target price for the company. Finally, Wolfe Research assumed coverage on shares of PayPay in a research note on Monday. They set an “outperform” rating and a $26.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $25.73.

PayPay Price Performance

PAYP opened at $20.36 on Wednesday. PayPay has a one year low of $17.00 and a one year high of $24.89.

PayPay (NASDAQ:PAYP) last released its quarterly earnings data on Thursday, February 12th. The fintech company reported $0.18 EPS for the quarter. The business had revenue of $636.46 million during the quarter.

Key PayPay News

Here are the key news stories impacting PayPay this week:

• 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 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.