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Up 25% in the Past 3 Months, Is PayPal Stock a No-Brainer Buy That Can Double in 5 Years? [Yahoo! Finance]
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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US:NASDAQ Investor Relations: investor.paypal-corp.com
Shares currently trade at an alarming 73% off their peak, which was established in July 2021. However, there's been a renewed sense of optimism from the market, as the fintech stock has climbed 25% in the past three months (as of Nov. 18). Does this momentum make the PayPal shares a no-brainer buy that can double in five years? Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » You wouldn't be able to tell by the stock's terrible trailing-three-year performance, but this business continues to put up healthy financial performance. Growth is still a part of the equation. In the last quarter, Q3 2024, which ended Sept. 30, PayPal processed a whopping $423 billion in total payment volume (TPV), a figure that was up 9% year over year. All key segments, like the branded checkout solution, Braintree, and Venmo, posted solid TPV gains, indicating broad-based success. This helped drive 6% revenue growth
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NEWS
NEWS
- Should You Buy PayPal Stock While It's Below $87? [Yahoo! Finance][Yahoo! Finance]
- Tax Breaks: Let's Talk Tax At Thanksgiving Edition [Forbes][Forbes]
- PayPal Holdings, Inc. (NASDAQ: PYPL) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $88.00 price target on the stock.[MarketBeat]
- $170+ Bn Payment Gateway Global Market Opportunities and Strategies to 2033 with Amazon Payments, PayPal, Stripe, Visa, and Fiserv Dominating [Yahoo! Finance][Yahoo! Finance]
- PayPal Holdings, Inc. (NASDAQ:PYPL) is largely controlled by institutional shareholders who own 73% of the company [Yahoo! Finance][Yahoo! Finance]
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SEC Filings
SEC Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/15/24 - Form 4
- PYPL's page on the SEC website
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