Should I buy PayPal stock or sell? (2024)

Should I buy PayPal stock or sell?

PYPL Stock Forecast FAQ

Is PayPal stock a good buy right now?

The financial health and growth prospects of PYPL, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Should I sell my PayPal stock?

PayPal's stock is cheap, but I believe it will remain out of favor unless it can stabilize its active accounts and take rates. Until that happens, I think it's smarter to sell PayPal instead of buying or holding it in hopes of a long-term turnaround.

What is the forecast for PayPal shares?

Based on short-term price targets offered by 29 analysts, the average price target for Paypal comes to $69.62. The forecasts range from a low of $58.00 to a high of $85.00. The average price target represents an increase of 10.05% from the last closing price of $63.26.

What will PayPal be worth in 2025?

Long-Term PayPal Stock Price Predictions
YearPredictionChange
2025$ 72.9815.05%
2026$ 83.9632.37%
2027$ 96.6052.29%
2028$ 111.1475.22%
2 more rows

Is PayPal a safe long-term stock?

Once a top-performing stock, PayPal (NASDAQ: PYPL) has become a huge disappointment for shareholders in more recent times. As of April 4 the fintech stock is sitting 79% below its peak price, which was set in July 2021. But that shouldn't discourage long-term investors.

Is PYPL a value trap?

Therefore, PayPal may not be a bargain after all. It may be a value trap that lures investors with a low valuation but fails to deliver growth or profitability. Investors should be wary of falling into this trap and look for more compelling opportunities elsewhere.

Will PayPal stock recover?

NASDAQ: PYPL

While many stocks had a strong 2023, some didn't. Unfortunately for PayPal (PYPL -1.46%) investors, that trend persisted in 2021 and 2022. PayPal's stock has lost value for three straight years, but there are some strong indicators pointing toward a recovery year in 2024.

Why is PayPal stock down so bad?

Not much is going right for PayPal (NASDAQ: PYPL) these days. It's losing market share to competitors like Apple. Its payment volume is shifting to lower-margin channels like Braintree, and it continues to lose customers, even as it competes in a growth industry: digital payments.

Why is PayPal stock falling so much?

As online shopping cooled following the pandemic, that growth evaporated. PayPal was forced to pivot to less-profitable products, such as providing white-label payment services to online companies. That pressured PayPal's gross margins, which dropped to 45.8% in the fourth quarter of 2023 from 55.9% in 2020.

What is the highest PayPal stock has been?

The latest closing stock price for PayPal Holdings as of April 17, 2024 is 63.26.
  • The all-time high PayPal Holdings stock closing price was 308.53 on July 23, 2021.
  • The PayPal Holdings 52-week high stock price is 76.54, which is 21% above the current share price.

Who are the major shareholders of PayPal?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Comprehensive Financial Management LLC, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Polen Capital Management Llc, Invesco Qqq Trust, ...

Is Apple a buy or sell right now?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

What is PayPal prediction for 2024?

For 2024, PayPal expects to generate earnings per share, excluding some items, of $5.10. That's unchanged from the EPS the company reported for 2023. New PayPal CEO Alex Chriss is looking to cut the fintech firm's costs going forward.

What is the PayPal forecast for 5 years?

Analysts project PayPal to increase EPS by 13% in 2024 and 11% in 2025, which would be market-beating growth. PYPL EPS estimates for next fiscal year; data by YCharts. If PayPal can steadily increase its earnings at a 12% annual pace and achieve a P/E pf 20, then a five-year projected stock price would be around $175.

What is PayPal predicting for 2024?

For all of 2024, PayPal expects adjusted earnings of $5.10 a share, unchanged from last year, the San Jose, California-based company said in a statement . PayPal announced last month that it will cut about 9% of its workforce, part of Chief Executive Officer Alex Chriss's efforts to boost profits.

Is PayPal stock in trouble?

PayPal (PYPL -0.03%) has had a tough go of it in recent years. The company thrived during the pandemic and had lofty growth expectations over the next few years. However, the company has faced challenges since then, leading to revised expectations and a stock sell-off; the stock is down 80% from its peak price in 2021.

Is PYPL a good long term investment?

PayPal (PYPL) stock has been on the decline, following analyst commentary about the company's growth path. Its recent earnings report cited a waker-than-expected growth outlook, leading to a stock price decline. However, if operational improvements can be made, this is a stock that could be an attractive buy here.

What are the safest stocks to buy long term?

7 of the Best Long-Term Stocks to Buy and Hold
StockSectorTrailing 12-month dividend yield*
International Business Machines Corp. (ticker: IBM)Technology3.6%
Abbott Laboratories (ABT)Health care1.9%
Stanley Black & Decker Inc. (SWK)Industrials3.5%
Atmos Energy Corp. (ATO)Utilities2.7%
3 more rows
4 days ago

Is PayPal a buy 2024?

For investors seeking a top fintech stock to buy, PayPal (PYPL) remains a top option to consider this year. The company's surge coincides with key fundamental secular growth catalysts that can't be ignored.

Does PayPal have future?

PayPal thinks it found a "Fastlane" to higher growth

There's no doubt that e-commerce sales in general will continue to rise in the years to come. In 2024, for example, e-commerce retail sales are expected to grow by 9.4%. That's higher than PayPal's revenue growth in recent quarters.

Is PayPal undervalued right now?

PayPal. PayPal (NASDAQ: PYPL) is by far one of the most undervalued stocks in the market. The payment processor has multiple products beyond the checkout experience that consumers are familiar with and is still growing at a healthy pace.

Will PayPal ever rise?

Paypal bulls aren't hard to find

Growth should pick up in fiscal 2025, though, with an expected year-over-year rise of almost 10%. Those analysts are expecting a smoother upward ride with revenue.

Why is PayPal sinking?

Additionally, the fintech industry has seen rising competition. PayPal has seen its market share leads in applications like peer-to-peer payments and buy now, pay later (BNPL) come under fire. Block's CashApp threatens Venmo, and Affirm, Klarna, and Afterpay are coming after PayPal in the BNPL space.

Does PayPal pay dividends?

Paypal Holdings (DE:2PP) does not pay a dividend.

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