PayPal Stock News

PayPal stock was on a roll but its rally was abruptly stopped due to mixed Q3 results. The company missed Revenue estimates mainly due to a change in pricing strategy. However, TPV, earnings, and share buybacks are all at record levels.

Both companies exceeded expectations.

The company has performed relatively well in 2024.

I reiterate a ‘Buy' rating on PayPal with a fair value of $96 per share, driven by strong growth in payment transactions and profitability. Key partnerships with industry players and increased Buy Now, Pay Later usage are enhancing PayPal's commerce platform and expanding its ecosystem. PayPal's Fastlane rollout is gaining traction, with over 1,000 merchants adopting the service and large enter...

PayPal's Q3 report showed mixed results, with strong EPS growth but flat revenue and lackluster holiday quarter guidance, causing stock volatility. The company demonstrated improved fundamentals, including increased transactions per active account and strong cash flow, despite weak revenue growth. PayPal's aggressive strategic partnerships position it for long-term growth, with promising develo...

PayPal shares have surged 37.56% since July, driven by new leadership under CEO Alex Chriss and strategic partnerships, signaling a strong turnaround. Q3 earnings beat EPS estimates by over 12%, despite a slight revenue miss, showcasing durable growth and a focus on quality revenue. Key partnerships with Amazon, Shopify, and Apple enhance PayPal's market position, promising significant growth a...

The initial market reaction to PayPal's Q3 2024 results seems justified on the basis of next quarter guidance. The Q4 guidance aside, active users are back to growth a quarterly basis and margins continue to improve. PayPal's remains attractively priced, both relative to peers and on a free cash flow basis.

With its transaction growth rates slowing and less than expected revenue guidance for the balance of the year, PayPal focused on its repositioning from peer-to-peer pioneer to two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29).