Can PayPal Be a Trillion-Dollar Stock by 2040?
(NASDAQ: PYPL) shareholders are really hoping that things turn around. The stock price of the leading digital payments enterprise is currently 81% below its all-time high, despite financial performance that's still healthy amid favorable industry tailwinds.
Perhaps some investors are still holding on to shares with the hopes that PayPal hits a major milestone that many tech giants have reached. Can this popular fintech stock be included in the coveted $1 trillion valuation club by the year 2040? It's a certainty that if this happens, investors would be greatly rewarded, especially since the company's current market cap sits at just $64 billion.
Let's find out if PayPal shares (assuming the share count stays the same) can rise at an annualized pace of roughly 18% over the next 17 years to reach that goal.
Source Fool.com
Paypal Holdings Inc Stock
Currently there is a rather positive sentiment for Paypal Holdings Inc with 37 Buy predictions and 11 Sell predictions.
With a target price of 74 € there is a hugely positive potential of 71.38% for Paypal Holdings Inc compared to the current price of 43.18 €.
