PayPay (NASDAQ:PAYP) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of PayPay (NASDAQ:PAYP) to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Other equities analysts have also issued reports about the company. Mizuho initiated coverage on PayPay in a report on Monday. They issued an “outperform” rating and a $26.00 target price for the company. Benchmark initiated coverage on PayPay in a report on Monday. They issued a “buy” rating and a $31.00 target price for the company. Wolfe Research initiated coverage on PayPay in a report on Monday. They issued an “outperform” rating and a $26.00 target price for the company. Jefferies Financial Group initiated coverage on PayPay in a report on Monday. They issued a “buy” rating and a $28.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on PayPay in a report on Monday. They issued a “hold” rating and a $20.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $25.73.

PayPay Price Performance

Shares of PAYP opened at $20.36 on Monday. PayPay has a 52 week low of $17.00 and a 52 week high of $24.89.

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

About PayPay

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.