PayPay (NASDAQ:PAYP) Now Covered by Analysts at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of PayPay (NASDAQ:PAYP) in a research note released on Tuesday, MarketBeat.com reports. The brokerage issued a buy rating and a $29.00 price target on the fintech company’s stock.

Other research analysts also recently issued reports about the stock. Citigroup assumed coverage on shares of PayPay in a research note on Monday. They set a “neutral” rating and a $23.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on PayPay in a report on Monday. They set a “hold” rating and a $20.00 price target on the stock. Cantor Fitzgerald initiated coverage on shares of PayPay in a research report on Monday. They set an “overweight” rating and a $25.00 price objective on the stock. Mizuho started coverage on PayPay in a report on Monday. They set an “outperform” rating and a $26.00 target price on the stock. Finally, Morgan Stanley began coverage on shares of PayPay in a research report on Monday. They issued an “equal weight” rating and a $24.00 target price on the stock. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $25.80.

PayPay Trading Up 6.7%

NASDAQ PAYP opened at $20.10 on Tuesday. PayPay has a 52 week low of $17.00 and a 52 week high of $24.89.

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

Key Headlines Impacting PayPay

Here are the key news stories impacting PayPay this week:

• Positive Sentiment: Several major firms initiated coverage with bullish ratings and elevated price targets (Goldman Sachs buy, $29 PT; Jefferies buy, $28; Bank of America buy, $26; Benchmark buy, $31; Wolfe, Mizuho, Cantor overweight/outperform). These notes are driving buy-side interest by implying 25–55%+ upside versus the current price. Benzinga coverage of analyst starts
• Positive Sentiment: Analysts emphasize Japan’s cashless-payments adoption and model-led forecasts that expect “outsized earnings growth” over the next 5–10 years, supporting longer-term upside for PAYP. Investing.com: Buy ratings on Japan cashless opportunity
• Positive Sentiment: Market commentary and summary write-ups point to the analyst stampede as the immediate technical trigger for buying today — coverage initiation often forces institutional re-evaluation and inflows. AAII: Why PAYP is up
• Neutral Sentiment: Some firms are more cautious: Morgan Stanley set an equal-weight rating with a $24 PT and Citigroup assigned a neutral rating with a $23 PT — both still above or near the current price, signaling mixed conviction. Benzinga: coverage notes
• Negative Sentiment: One outlier, Deutsche Bank, issued a hold with a $20 price target (slightly below the current level), which could cap upside if others revise to more conservative models. TickerReport: Deutsche Bank coverage

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.