PayPal Stock News

PayPal reported positive Q3 2024 results, including a 1% growth in active accounts and an increase in its transaction margin to 46.6%, driven by growth in Venmo and Braintree. The fintech raised its 2024 profit forecast slightly and anticipates up to $6 billion in share buybacks, particularly with seasonal eCommerce spending expected to rise amid lower inflation. While PayPal's growth rate lags...

We also talk about some lesser-known names trying to follow Berkshire Hathaway's path.

The company still trades far below intrinsic value with a large margin of safety despite the stock's run-up and accounting for a slowdown in growth. Trading slower growth in the short term for a better margin profile is healthy and beneficial to the business, and we can already see the results. By accounting for the risks associated with the ad segment but not including the benefits, we are ess...

Investors were underwhelmed with PayPal's projections, despite the company increasing its forecast once again.

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...