PayPal (NASDAQ:PYPL – Get Free Report) had its price objective increased by equities researchers at Robert W. Baird from $50.00 to $57.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the credit services provider’s stock. Robert W. Baird’s price target would indicate a potential downside of 2.26% from the company’s current price.
Several other equities research analysts have also recently commented on the stock. Morgan Stanley reaffirmed an “underweight” rating on shares of PayPal in a research report on Tuesday. BTIG Research reiterated a “neutral” rating on shares of PayPal in a research note on Wednesday, July 15th. Needham & Company LLC restated a “hold” rating on shares of PayPal in a report on Tuesday, May 5th. William Blair reiterated a “market perform” rating on shares of PayPal in a report on Wednesday, July 15th. Finally, Piper Sandler lowered their price target on PayPal from $46.00 to $42.00 and set a “neutral” rating on the stock in a report on Monday, June 29th. Ten analysts have rated the stock with a Buy rating, thirty-three have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $55.50.
PayPal Stock Up 4.0%
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The firm had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same period in the prior year, the company earned $1.40 EPS. The company’s revenue was up 4.8% on a year-over-year basis. As a group, research analysts anticipate that PayPal will post 5.32 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Frank Keller sold 4,612 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total value of $196,194.48. Following the sale, the insider directly owned 41,567 shares in the company, valued at $1,768,260.18. The trade was a 9.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total transaction of $144,587.41. Following the sale, the insider owned 30,983 shares in the company, valued at $1,325,762.57. This represents a 9.83% 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. In the last ninety days, insiders have sold 8,543 shares of company stock worth $364,325. 0.63% of the stock is owned by insiders.
Institutional Investors Weigh In On PayPal
Several large investors have recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC lifted its stake in shares of PayPal by 20.1% in the 2nd quarter. Cary Street Partners Financial LLC now owns 4,809 shares of the credit services provider’s stock valued at $208,000 after purchasing an additional 805 shares during the last quarter. Hickory Point Bank & Trust raised its holdings in PayPal by 137.9% during the 2nd quarter. Hickory Point Bank & Trust now owns 690 shares of the credit services provider’s stock valued at $30,000 after buying an additional 400 shares during the period. Formidable Asset Management LLC lifted its position in PayPal by 17.3% in the second quarter. Formidable Asset Management LLC now owns 30,436 shares of the credit services provider’s stock worth $1,377,000 after buying an additional 4,499 shares during the last quarter. Ballentine Partners LLC boosted its stake in PayPal by 9.5% during the second quarter. Ballentine Partners LLC now owns 8,686 shares of the credit services provider’s stock worth $375,000 after buying an additional 753 shares during the period. Finally, Camelot Portfolios LLC increased its position in PayPal by 14.6% during the second quarter. Camelot Portfolios LLC now owns 24,120 shares of the credit services provider’s stock valued at $1,042,000 after acquiring an additional 3,080 shares during the last quarter. 68.32% of the stock is owned by institutional investors.
PayPal News Roundup
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Q2 earnings beat expectations: PayPal reported adjusted EPS of $1.38 versus the $1.28 consensus and revenue of $8.68 billion versus estimates of $8.47 billion. Revenue rose 4.8% year over year, supported by growth at Venmo and Braintree. PayPal’s Q2 Earnings Beat Estimates on TPV & Revenue Growth
- Positive Sentiment: Improved outlook and operating momentum: Management raised its 2026 adjusted EPS forecast to $5.38 and increased transaction-margin guidance. Total payment volume climbed 10% to $486.4 billion, transactions rose 8%, and PayPal generated $1.8 billion in free cash flow while repurchasing approximately $1.5 billion of stock. PayPal presses on with turnaround as sale questions linger
- Positive Sentiment: Takeover premium remains in focus: Stripe and Advent International reportedly offered $60.50 per share, valuing PayPal at roughly $53 billion. The board reportedly viewed the offer as too low, while CEO Enrique Lores left the door open to a higher bid. This supports investor hopes for either a sweetened offer or a stronger standalone recovery. Once high-flying PayPal becomes a takeover target
- Neutral Sentiment: Turnaround execution is still being tested: PayPal is investing in checkout modernization, artificial-intelligence tools, digital identity and stablecoins. Management says the strategic reorganization is progressing, but investors are waiting for stronger branded-checkout growth and evidence that cost savings can improve profitability.
- Negative Sentiment: Margin and near-term growth concerns remain: Higher investment spending pressured margins, GAAP profit declined year over year, and some reports characterized third-quarter guidance as soft. Analysts have largely retained Hold ratings because competitive pressure and limited branded-checkout momentum could restrain the recovery. X’s new Visa-supported X Money service also adds another competitive threat in digital payments. PayPal delivers Q2 earnings beat with soft Q3 guidance
PayPal Company Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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