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Is PayPal Stock a Buy Now?


's (NASDAQ: PYPL) stock price rose 4% during after-hours trading on Nov. 1 after the digital payments leader posted its third-quarter report. Its revenue rose 8% year over year to $7.4 billion and exceeded analysts' estimates by $20 million. Its adjusted earnings per share (EPS) grew 20% to $1.30 and cleared the consensus forecast by $0.07.

PayPal's headline numbers were stable, but its stock is still down nearly 30% this year and remains more than 80% below its all-time high. Let's see why the market gave up on PayPal -- and if it's finally the right time to turn bullish.

Image source: Getty Images.

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Source Fool.com

Paypal Holdings Inc Stock

€51.11
-0.200%
The price for the Paypal Holdings Inc stock decreased slightly today. Compared to yesterday there is a change of -€0.100 (-0.200%).
Currently there is a rather positive sentiment for Paypal Holdings Inc with 31 Buy predictions and 14 Sell predictions.
With a target price of 55 € there is a slightly positive potential of 7.61% for Paypal Holdings Inc compared to the current price of 51.11 €.
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