PayPal (NASDAQ:PYPL) Upgraded at Citigroup

Citigroup upgraded shares of PayPal (NASDAQ:PYPL) to a hold rating in a research note published on Thursday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on the company. Sanford C. Bernstein lowered their price objective on PayPal from $85.00 to $76.00 in a research report on Tuesday, October 21st. Royal Bank Of Canada restated an “outperform” rating and set a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. JMP Securities lowered their price target on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research report on Tuesday, July 29th. Finally, Canaccord Genuity Group restated a “buy” rating and set a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.46.

PayPal Trading Up 0.2%

Shares of PYPL stock opened at $69.77 on Thursday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal has a 52-week low of $55.85 and a 52-week high of $93.66. The company has a market capitalization of $66.66 billion, a PE ratio of 14.91, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The business’s fifty day moving average is $68.94 and its 200 day moving average is $69.83.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter last year, the business posted $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. On average, equities research analysts anticipate that PayPal will post 5.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last ninety days. 0.08% of the stock is owned by insiders.

Hedge Funds Weigh In On PayPal

Several institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC increased its holdings in PayPal by 15.8% during the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after purchasing an additional 476,763 shares during the period. Thompson Investment Management Inc. increased its holdings in PayPal by 2.8% during the 2nd quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock valued at $11,519,000 after purchasing an additional 4,165 shares during the period. Kathmere Capital Management LLC purchased a new position in PayPal during the 2nd quarter valued at about $325,000. Allianz SE increased its holdings in PayPal by 281.8% during the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after purchasing an additional 22,392 shares during the period. Finally, Nuveen LLC purchased a new position in PayPal during the 1st quarter valued at about $529,264,000. 68.32% of the stock is currently owned by institutional investors.

About PayPal

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.