PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Wall St falls as oil ticks up, yields rise ahead of US-China summit
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Oil holds near two-week lows while diesel cracks hit record
- On Holding sets 2029 financial targets, authorizes $1B share buyback
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Nasdaq reaches record high close, AI stocks rally
- Elmet Group signs tungsten offtake deal with Hemerdon Mine
- Meta bull case increasingly playing out, Mizuho says
PayPal (PYPL) PT Raised to $74 at BofA Securities
May 2, 2024 5:35 AM EDTBofA Securities analyst Jason Kupferberg raised the price target on PayPal (NASDAQ: PYPL) to $74.00 (from $68.00) while maintaining a Neutral rating.
The analyst comments "Following PYPLs 1Q results and adj. EPS guidance which now includes stock-based compensation (SBC) going forward, we update our... More
PayPal (PYPL) PT Raised to $65 at BMO Capital
May 1, 2024 6:40 AM EDTBMO Capital analyst Rufus Hone raised the price target on PayPal (NASDAQ: PYPL) to $65.00 (from $64.00) while maintaining a Market Perform rating.
The analyst comments "We continue to worry it will prove challenging for PYPL to meaningfully accelerate gross profit (GP)... More
PayPal (PYPL) PT Raised to $84 at RBC Capital
May 1, 2024 6:32 AM EDTRBC Capital analyst Daniel Perlin raised the price target on PayPal (NASDAQ: PYPL) to $84.00 (from $74.00) while maintaining a Outperform rating.
The analyst comments "PYPLs new management team is off to a strong and credible start, continuing to drive improvements in product innovation (across... More
PayPal (PYPL) PT Raised to $77 at JPMorgan
May 1, 2024 6:11 AM EDTJPMorgan analyst Tien-tsin Huang raised the price target on PayPal (NASDAQ: PYPL) to $77.00 (from $70.00) while maintaining a Overweight rating.
The analyst comments "PayPal stock closed up ~1% (S&P 500 down ~2%) as 1Q results were ahead of estimates and guidance, a good start to the year and for mgmt track record building. Transaction Margin Dollar growth accelerated to +4%... More
PayPal (PYPL) PT Raised to $71 at UBS
May 1, 2024 5:45 AM EDTUBS analyst Tim Chiodo raised the price target on PayPal (NASDAQ: PYPL) to $71.00 (from $63.00) while maintaining a Neutral rating.
The analyst comments "We increase our price target to $71 (vs. $63 prior) based on a ~15.5x multiple (vs. prior 14x) on 2025E non-GAAP EPS $4.55 (vs. $4.41 prior)... More
Keefe, Bruyette & Woods Reiterates Outperform Rating on PayPal (PYPL)
April 30, 2024 2:20 PM EDTKeefe, Bruyette & Woods analyst Sanjay Sakhrani reiterated an Outperform rating and $78.00 price target on PayPal (NASDAQ: PYPL).
The analyst commented, "Following the 1Q print, we are raising our 2024/2025 estimates to $4.06 (from $4.02) and $4.60 (from $4.56), respectively, to reflect higher revenue growth in FY24,... More
