PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing her millions of dollars.
PayPal is being sued by the founder of venture firm Andav Capital, who claims she was excluded from the payment giant's diversity and equity program because she is Asian, according to a suit filed this week.
Content creators have filed two lawsuits against PayPal over its Honey browser extension. The creators allege Honey took some of their potential affiliate earnings by improperly claiming credit on sales.
In the closing of the recent trading day, Paypal (PYPL) stood at $86.18, denoting a +0.97% change from the preceding trading day.
Explore the exciting world of PayPal (PYPL 0.97%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
PayPal's stock has surged 31.8% since March 2024, outperforming the S&P 500's 15% gain, yet remains attractively priced. It has seen strong financial performance, with Q3 revenue up 5.8%, record transactions, and improved active accounts, though it has seen a slight dip in net profits. PayPal's innovative features and strategic partnerships, like money pooling and enhanced checkout solutions, bolster its economic moat.
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (PYPL -1.45%) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (SOFI -3.74%) is an app-based bank with tremendous momentum.
PayPal Holdings (PYPL -1.45%) is finally in the market's favor again. After several years of disappointing results, it has a new CEO and a new way forward, and the stock is up 44% this year.
Paypal (PYPL) closed the most recent trading day at $88.14, moving -0.12% from the previous trading session.
PayPal remains a Strong Buy due to significant undervaluation and strong fundamentals, with a 29% potential upside and a target price of $114. Positive trends like U.S. holiday spending growth and secular tailwinds support PayPal's revenue growth and long-term shareholder value appreciation. Analysts from Wolfe Research and Bank of America have upgraded their ratings and target prices for PYPL, reflecting strong future performance expectations.
Recently, Zacks.com users have been paying close attention to Paypal (PYPL). This makes it worthwhile to examine what the stock has in store.
PayPal (PYPL -0.26%) is finally starting to attract some bullish sentiment from the investment community. At its 52-week low in April earlier this year, shares were trading a gut-wrenching 80% below their peak from July 2021.