Is PayPal a Millionaire Maker?
During the height of the COVID-19 pandemic, (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.
But the fintech stock has had a disappointing run since then, and it now trades for about 70% off that all-time high. This is even after the shares rocketed 50% higher since mid-July 2024.
There are reasons to believe that PayPal is a quality business. But is it a millionaire maker?
Source Fool.com
Paypal Holdings Inc Stock
€51.28
-1.720%
Our community is currently high on Paypal Holdings Inc with 41 Buy predictions and 8 Sell predictions.
As a result the target price of 78 € shows a very positive potential of 52.11% compared to the current price of 51.28 € for Paypal Holdings Inc.
