PYPL Stock Recent News

Paypal (PYPL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management. A Friday (Sept.

PayPal reiterated outperform at Mizuho. Josh Brown breaks down how to trade the name from here.

PayPal (NASDAQ: PYPL) stock price has bounced back in the past few months, helped by its ongoing turnaround. It jumped to a high of $74.40 this month, its highest point since August 2023.

Lower interest rates can do wonders for financial technology companies (fintech) which strive to improve and automate financial services.

PayPal has underperformed the broader market in 2024, with a ~7% total return versus the S&P 500's ~15%. Despite past disappointments, recent developments and new management suggest better days ahead for PayPal. PayPal now trades at a 25% discount to the S&P 500.

Amazon launched a new integration with PayPal amid a surge in Buy with Prime use. The eCommerce giant revealed several enhancements to its merchant and shopper offerings at its Accelerate seller conference, according to a Wednesday (Sept.

PayPal is making steady progress in its efforts to regain investor interest and confidence. The company's Q2 results underscore a 9% YoY revenue growth and a 36% increase in EPS, while nearly all profits are being used to repurchase its stock at currently undervalued. I remain optimistic about PYPL's potential, driven by strategic initiatives such as refining pricing, launching new products, and expanding its rewards program to regain market share.

PayPal's new management team is making some big moves that aren't reflected in the numbers just yet.

PayPal has struggled to differentiate itself from competitors, which is something its new CEO wants to fix.