KeyCorp Comments on PayPal’s FY2026 Earnings (NASDAQ:PYPL)

PayPal Holdings, Inc. (NASDAQ:PYPL) – Research analysts at KeyCorp raised their FY2026 earnings estimates for PayPal in a research note issued to investors on Tuesday, October 27th. KeyCorp analyst A. Schmidt now forecasts that the credit services provider will post earnings per share of $5.61 for the year, up from their prior forecast of $5.40. The consensus estimate for PayPal’s current full-year earnings is $5.58 per share. KeyCorp also issued estimates for PayPal’s Q4 2026 earnings at $1.44 EPS and FY2027 earnings at $5.93 EPS.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings cut PayPal from a “hold (c)” rating to a “sell (d+)” rating in a research report on Wednesday, October 28th. Argus set a $70.00 price objective on PayPal in a report on Wednesday, July 29th. JPMorgan Chase & Co. raised their target price on PayPal from $46.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Jefferies Financial Group raised PayPal from a “hold” rating to a “buy” rating in a report on Tuesday, July 28th. Finally, Barclays decreased their price target on PayPal from $57.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Friday, October 9th. Eight research analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and an average price target of $55.94.

PayPal Trading Down 1.0%

NASDAQ:PYPL opened at $58.21 on Monday. PayPal has a 1 year low of $38.46 and a 1 year high of $68.21. The stock’s fifty day moving average price is $55.24 and its two-hundred day moving average price is $50.05. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.26 and a quick ratio of 1.26. The company has a market cap of $48.35 billion, a P/E ratio of 10.89, a P/E/G ratio of 1.24 and a beta of 1.33.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.14. PayPal had a net margin of 13.78% and a return on equity of 24.39%. The firm had revenue of $8.58 billion during the quarter, compared to the consensus estimate of $8.71 billion. During the same quarter last year, the company earned $1.34 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis.

Institutional Trading of PayPal

A number of large investors have recently modified their holdings of the business. International Assets Investment Management LLC increased its stake in shares of PayPal by 47.1% in the third quarter. International Assets Investment Management LLC now owns 76,000 shares of the credit services provider’s stock worth $3,992,000 after purchasing an additional 24,332 shares in the last quarter. Covestor Ltd raised its position in shares of PayPal by 35.8% during the 3rd quarter. Covestor Ltd now owns 3,949 shares of the credit services provider’s stock valued at $207,000 after purchasing an additional 1,040 shares during the period. Rakuten Investment Management Inc. lifted its stake in shares of PayPal by 7.4% during the 3rd quarter. Rakuten Investment Management Inc. now owns 226,620 shares of the credit services provider’s stock valued at $12,213,000 after buying an additional 15,668 shares in the last quarter. First Nebraska Trust Co bought a new position in PayPal in the 3rd quarter worth $1,690,000. Finally, VCI Wealth Management LLC purchased a new stake in PayPal in the 3rd quarter worth $1,144,000. Institutional investors own 68.32% of the company’s stock.

Insider Transactions at PayPal

In related news, CAO Chris Natali sold 552 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $54.80, for a total transaction of $30,249.60. Following the completion of the transaction, the chief accounting officer directly owned 2,400 shares in the company, valued at $131,520. The trade was a 18.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the business’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $55.43, for a total value of $255,643.16. Following the transaction, the insider owned 41,567 shares of the company’s stock, valued at approximately $2,304,058.81. The trade was a 9.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 13,437 shares of company stock valued at $768,417. 0.63% of the stock is currently owned by company insiders.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Friday, December 4th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. PayPal’s dividend payout ratio is presently 10.69%.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal and Venmo expanded a payout partnership with LianLian Global, extending access for creators, marketplaces and contractors across 96 markets. The integration could support PayPal’s international reach and payment volumes. How Investors Are Reacting To PayPal LianLian Payout Partnership
• Positive Sentiment: Investor Michael Burry described PayPal as a “fat pitch,” signaling a bullish view of its valuation or outlook. The article notes the stock had gained 11% over the prior month, mostly before its October 27 results. PayPal Just Gained 11% in a Month. Michael Burry Still Calls It a “Fat Pitch”
• Positive Sentiment: KeyCorp reportedly has a positive estimate for PayPal’s 2026 earnings, offering a modest supportive signal on profit expectations. KeyCorp Has Positive Estimate for PayPal FY2026 Earnings
• Neutral Sentiment: Greenlight Capital’s investor letter discussed an investment in PayPal that generated a 163% IRR before the fund exited. This is a historical portfolio decision and does not, by itself, indicate a new change in PayPal’s business outlook. PayPal Delivered a 163% IRR: What Drove the Exit?
• Negative Sentiment: Freedom Broker cut its rating on PayPal to Hold from Buy, citing stalled branded-checkout performance in the third quarter. This raises concern about growth in a core part of PayPal’s business; the broader earnings backdrop also included revenue below estimates despite an EPS beat. PayPal cut to hold from buy at Freedom Broker as Q3 branded checkout stalled

About PayPal

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and businesses to send, receive, and manage money online and through mobile devices. Its services support online checkout, peer-to-peer payments, money transfers, payment processing, invoicing, and other commerce-related transactions.

The company’s portfolio includes the PayPal and Venmo brands, Braintree’s payment processing technology, and Xoom’s international money transfer service. PayPal also offers merchant tools, digital wallets, payment solutions, and consumer financing products through its platform and related services.

PayPal traces its origins to 1998 and became an independent publicly traded company after separating from eBay in 2015.