PayPal (NASDAQ:PYPL – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $1.15-1.17 for the period, compared to the consensus earnings per share estimate of $1.13. PayPal also updated its FY 2025 guidance to 4.950-5.100 EPS.
Analysts Set New Price Targets
A number of research firms have commented on PYPL. The Goldman Sachs Group increased their target price on PayPal from $79.00 to $87.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Macquarie increased their price target on PayPal from $95.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Robert W. Baird decreased their price target on PayPal from $100.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday. Morgan Stanley reduced their price objective on PayPal from $90.00 to $79.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Sanford C. Bernstein lowered PayPal from an “outperform” rating to a “market perform” rating and increased their price target for the company from $75.00 to $80.00 in a research report on Thursday, October 10th. Fourteen investment analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, PayPal currently has a consensus rating of “Moderate Buy” and a consensus target price of $89.29.
Check Out Our Latest Analysis on PYPL
PayPal Trading Down 0.4 %
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.08. The business had revenue of $8.37 billion during the quarter, compared to the consensus estimate of $8.27 billion. PayPal had a return on equity of 23.44% and a net margin of 14.08%. PayPal’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period last year, the company earned $1.48 earnings per share. As a group, research analysts expect that PayPal will post 4.58 earnings per share for the current year.
PayPal Company Profile
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
Further Reading
- Five stocks we like better than PayPal
- What is a support level?
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
- What is the NASDAQ Stock Exchange?
- Alphabet’s 8% Drop Might Be the Entry Opportunity of the Year
- How to Effectively Use the MarketBeat Ratings Screener
- Volatility is Back: 3 Must-Have Stocks to Weather the Storm
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.