PayPal Q4: Progress, but Concerns Linger
Here's our initial take on 's (NASDAQ: PYPL) fourth-quarter results.
PayPal's fourth-quarter results looked a lot like what we saw in Q3, with modest revenue growth, continued growth in active accounts albeit at a pretty low rate, and an increase in transactions per active account. In other words, the focus on products for which there is potential for growth and potential to grow user engagement seems to be working.
Part of what's helping drive PayPal's modest user growth is marketing, an area in which the company has committed to spending more money. Q4 sales and marketing expense was up more than 34%, and it was 10.1% higher for the full fiscal year, along with higher general and administrative expenses.
Source Fool.com
Paypal Holdings Inc Stock
€52.56
2.300%
Our community is currently high on Paypal Holdings Inc with 31 Buy predictions and 14 Sell predictions.
As a result the target price of 56 € shows a slightly positive potential of 6.54% compared to the current price of 52.56 € for Paypal Holdings Inc.
