PayPal: Buy, Sell, or Hold?
Sometimes, a new CEO can be a game-changer for a company. Alex Chriss, formerly of Intuit, took the reins at PayPal Holdings (NASDAQ: PYPL) in September 2023. Since then, the stock has appreciated by over 50%, outperforming the broader market.
Things don't change overnight, but the company has begun to string together some encouraging quarters. Active account growth is gaining steam, and management raised earnings guidance in Q3. PayPal was one of the earliest financial technology (fintech) companies, and it's not easy to recapture the magic when newer, innovative competition enters the picture.
It's a great time to assess PayPal's current situation and whether the stock still has more upside for new investors after a strong 15-month rally. Here is whether PayPal is a buy, sell, or hold -- and why.
Source Fool.com
Paypal Holdings Inc Stock
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 50.87% compared to the current price of 51.7 € for Paypal Holdings Inc.
