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After months of underperforming the Nasdaq, the PayPal stock is now shifting the narrative, with even the smart money showing signs of interest again. PayPal's next test will be the Q3 results, which are expected to be released on the 29th of October. Progress on transaction margin dollars, revenue growth, and earnings growth are all likely to dip from the levels seen in Q2.
Paypal (PYPL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Does Paypal (PYPL) have what it takes to be a top stock pick for momentum investors? Let's find out.
Dublin, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The "Germany E-Commerce Payment Market Forecast Report by Type, Application and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering. Germany's E-Commerce Payment market is expected to grow from US$ 214.31 Billion in 2023 to reach US$ 609.26 Billion by 2032, at a CAGR of 12.31 % from 2024 to 2032. The region's market is experiencing strong growth due to several factors, including rising internet penetration, the quick uptake of mobile payments, and substantial growth in e-commerce. Germany E-Commerce Payment Overview The powerful and broad e-commerce payment business in Germany is indicative of the nation's thriving digital economy. Direct debit and credit card payments account for a sizable amount of online transactions, but other payment options such as PayPal, Sofort, and mobile wallets are also becoming more and more common. The proliferation of mobile commerce and the rise in online shopping are driving th
In the closing of the recent trading day, Paypal (PYPL) stood at $79.55, denoting a -1.39% change from the preceding trading day.
Paypal (PYPL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
A Bernstein analyst sees a “wider-than-usual range of long-term outcomes for this company” as PayPal navigates competitive pressures.
PayPal Holdings Inc (PYPL, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently priced at $80.93, PayPal Holdings Inc has experienced a daily gain of 0.83% and an impressive three-month increase of 36.71%.
Paypal (PYPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors looking for stocks in the Internet - Software sector might want to consider either Paypal (PYPL) or Palo Alto Networks (PANW). But which of these two stocks is more attractive to value investors?