PayPal (NASDAQ:PYPL – Free Report) had its target price upped by Jefferies Financial Group from $70.00 to $75.00 in a research report sent to investors on Wednesday morning,MarketScreener reports. The firm currently has a hold rating on the credit services provider’s stock.
PYPL has been the subject of several other reports. Wells Fargo & Company upgraded shares of PayPal to a “hold” rating in a research note on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Argus boosted their price target on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday. UBS Group boosted their price target on shares of PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. Sixteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, PayPal presently has a consensus rating of “Hold” and an average price target of $83.29.
View Our Latest Analysis on PYPL
PayPal Price Performance
PayPal (NASDAQ:PYPL – Get Free Report) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. The firm had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Analysts anticipate that PayPal will post 5.03 earnings per share for the current year.
PayPal Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%.
Insider Buying and Selling at PayPal
In other news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.08% of the company’s stock.
Institutional Investors Weigh In On PayPal
Several large investors have recently made changes to their positions in the company. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC grew its holdings in PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares during the last quarter. Wedmont Private Capital grew its holdings in PayPal by 1.6% during the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock worth $614,000 after acquiring an additional 142 shares during the last quarter. Finally, Pitti Group Wealth Management LLC grew its holdings in PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.
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.
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