PayPal: Buy, Sell, or Hold?
Once a darling of the digital payments boom, (NASDAQ: PYPL) has fallen drastically over the past several years after slashing its lofty growth forecasts and changing its approach to growth. Investors went from treating PayPal as a fast-growing tech company to a dull value stock.
PayPal's valuation is appealing, but is it enough to earn a spot in your portfolio? Let's dig into its valuation and the company's plans to find out.
Three years ago, PayPal stock was flying high, and investors couldn't get enough. The payments company came off stellar growth amid the worst of the pandemic, which accelerated an already strong trend into digital payments. Over two years, it added 122 million accounts and surpassed $1 trillion in payments volume.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 51 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 26.25% compared to the current price of 61.78 € for Paypal Holdings Inc.
