1 Warning Sign PayPal Investors Need to Know
(NASDAQ: PYPL) benefited greatly from the coronavirus pandemic -- growing active accounts, total payment volume (TPV), revenue, and earnings at impressive rates. Consumers flush with cash and spending a lot of time at home turned to online shopping, boosting the digital payments giant.
At its all-time high, the stock was up a remarkable 740% from its July 2015 spinoff from eBay.
Like many pandemic darlings, however, PayPal is facing a slump as consumer behavior normalizes. The uncertain economic environment isn't helping the situation, either. This top fintech stock is currently down 79% from its peak price -- and growth has slowed dramatically.
Source Fool.com
Paypal Holdings Inc Stock
€59.00
0.440%
With 51 Buy predictions and 2 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 78 € there is a positive potential of 32.2% for Paypal Holdings Inc compared to the current price of 59.0 €.
