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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.
Paypal (PYPL) closed the most recent trading day at $62.79, moving +0.76% from the previous trading session.
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.
PayPal faces intense competition in both the merchant and consumer parts of the payments industry. Investors should watch how the new leadership team handles capital allocation decisions.
PayPal has a huge user base of 426 million. It generates a lot of cash, which could be used for buybacks.
PayPal and Block stocks should directly benefit from more people transacting in crypto. Both stocks trade at depressed valuations despite this long-term growth potential.
B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant's total Series A financing to north of $53 million.
PayPal stock plunged in 2021 as revenue growth began to slow. The stock saw some of its valuation multiples get slashed by 70%.
After the technology sector in the U.S. led indexes like the S&P 500 and the NASDAQ to new all-time high levels, investors may realize that not all stocks enjoyed the same run as names like Nvidia Co. NASDAQ: NVDA and other semiconductor players.
PayPal benefits from the rise of fintech services, as well as the popularity of online shopping. By operating a massive two-sided platform, PayPal's competitive position is supported by network effects.