PayPal Holdings Inc. (PYPL)
The Big 3: AVGO, PYPL, GM
@ProsperTradingAcademy's Scott Bauer shares his bullishness on today's Big 3. He joins Rick Ducat to break down the technical trends of Broadcom (AVGO), Paypal (PYPL), and General Motors (GM).
Is Trending Stock PayPal Holdings, Inc. (PYPL) a Buy Now?
Zacks.com users have recently been watching Paypal (PYPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
1 Incredibly Cheap Fintech Stock to Buy Now
It's challenging to find a deal like this in today's stock market that's near all-time highs.
PayPal: New Products Driving The Profitability Agenda
PayPal's current stock price does not reflect its true market potential, offering investors a rare chance to capitalize on its undervaluation. The company's strategic focus on launching innovative products and initiatives is set to drive substantial profitability growth. With its strong market position and forward-thinking strategies, PayPal is poised for significant upside, making it an attractive investment opportunity.
PayPal: The More Price Drops, The More I'll Buy
PayPal reported positive Q3 2024 results, including a 1% growth in active accounts and an increase in its transaction margin to 46.6%, driven by growth in Venmo and Braintree. The fintech raised its 2024 profit forecast slightly and anticipates up to $6 billion in share buybacks, particularly with seasonal eCommerce spending expected to rise amid lower inflation. While PayPal's growth rate lags behind faster-growing competitors like SoFi, its lower profit multiple presents a compelling valuation, especially as it remains a preferred payment platform among merchants.
PayPal Looks Beyond Payments
We also talk about some lesser-known names trying to follow Berkshire Hathaway's path.
PayPal: Don't Be Fooled By The Sell-Off; This Story Is Becoming Rosier
The company still trades far below intrinsic value with a large margin of safety despite the stock's run-up and accounting for a slowdown in growth. Trading slower growth in the short term for a better margin profile is healthy and beneficial to the business, and we can already see the results. By accounting for the risks associated with the ad segment but not including the benefits, we are essentially receiving all the upside from it when it launches for free.
PayPal Stock Slips Despite Increased Outlook. Is the Stock a Buy?
Investors were underwhelmed with PayPal's projections, despite the company increasing its forecast once again.
PayPal: Just 3 Million Shy Of Making Another Record
PayPal stock was on a roll but its rally was abruptly stopped due to mixed Q3 results. The company missed Revenue estimates mainly due to a change in pricing strategy. However, TPV, earnings, and share buybacks are all at record levels.
PayPal Stock Gets a Rare Downgrade
The company has performed relatively well in 2024.
How Should Investors Approach PayPal Shares Post Q3 Earnings?
PYPL rides on its expanding services portfolio and a strong partner base. However, near-term prospects suffer from challenging macroeconomic conditions.
PayPal Q3: Expanding Into Large Enterprise Customers Via Fastlane
I reiterate a ‘Buy' rating on PayPal with a fair value of $96 per share, driven by strong growth in payment transactions and profitability. Key partnerships with industry players and increased Buy Now, Pay Later usage are enhancing PayPal's commerce platform and expanding its ecosystem. PayPal's Fastlane rollout is gaining traction, with over 1,000 merchants adopting the service and large enterprise customers onboarding, promising future growth.
