"You can't guide weak in this environment," says @LikeFolio's Landon Swan, pointing to weakening consumer sentiment as a headwind against PayPal's (PYPL) outlook. That said, Landon notes traction in Venmo that helps it lean "on the cusp of being great.
The S&P 500 might be trading 7% below the record high it touched in February, but investors are still concerned about high stock valuations. This makes perfect sense in the wake of the index's strong gains in 2023 and 2024.
The latest trading day saw Paypal (PYPL) settling at $65.25, representing a +0.15% change from its previous close.
Warren Buffett, the legendary capital allocator who has headed up Berkshire Hathaway for decades, helped popularize value investing. This strategy involves buying companies at a discount to their intrinsic worth, with the hope that the market will bid up their shares over time.
PayPal's trading at $70 with a 30% upside to $90. EPS is up 21% YoY, margins are finally expanding, and the $20B buyback plan shows management knows shares are cheap. 434M active users, each averaging 60.6 transactions/year. Branded checkout is growing faster and more profitable—management is rightly focused on margins. With $15.4B in cash and $11.1B in debt, PayPal's in a strong spot. The business is leaner, more focused, and set to benefit if interest rates come down this year.
PayPal stock price has crashed and formed a death cross pattern, pointing to further downside in the coming months. PYPL shares have plunged to a low of $65.15, its lowest point since August 24.
The Investment Committee give you their top stocks to watch for the second half.
PayPal shares fell 4% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating U.S.-Europe trade tensions and potential tariffs.
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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.
The European Union could charge fees on PayPal as part of a tariff dispute with the United States, a senior European lawmaker said on Friday.
PYPL's cheap valuation, strong portfolio and expanding clientele make the stock attractive over the long term amid intensifying competition.