PayPal Stock: Buy, Sell, or Hold?
PayPal (NASDAQ: PYPL) was once considered a promising play on the secular expansion of the digital payments market. But over the past five years, its share prices have declined about 36% as the S 500 advanced 87%.
PayPal's stock slumped as its growth cooled off, its former parent company eBay switched over to its European rival Adyen, and more competitors carved up the fragmented market. Inflation also curbed consumer spending, rising interest rates compressed its valuations, and it broadly missed its own lofty long-term goals.
So should investors buy, sell, or hold PayPal's stock at these depressed levels?
Source Fool.com
Paypal Holdings Inc Stock
€60.38
-1.070%
The stock is one of the favorites of our community with 55 Buy predictions and 2 Sell predictions.
As a result the target price of 78 € shows a positive potential of 29.18% compared to the current price of 60.38 € for Paypal Holdings Inc.
