Streetbeat News

PYPL

PayPal Holdings, Inc.

https://www.paypal.com

Industry

Financial - Credit Services

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

Open

81.78

Mkt cap

82B

Volume

7.8M

High

82.74

P/E Ratio

19.46

52-wk high

83.70

Low

81.14

Div yield

N/A

52-wk low

53.87

Unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a significant bullish sentiment among high-rolling investors. This activity suggests potential privileged information, with a price target range of $55 to $80. Analysts maintain positive ratings with target prices between $80 and $90.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 1:47 pm

Tether has appointed Jesse Spiro, a former PayPal executive, as its new Head of Government Affairs amid ongoing regulatory scrutiny. Spiro's experience in regulatory relations is expected to help Tether navigate the challenges it faces in the US. Despite financial success, Tether's operations and reserve backing continue to be questioned.

Portfolio Pulse from Murtuza Merchant

September 13, 2024 | 6:06 pm

Jim Cramer recommends buying PayPal due to its expanded partnership with Shopify. He advises patience with Rivian, despite its financial stability. Cramer is cautious about CVS Health and sees potential in Energy Transfer and The Home Depot. Palantir is noted for its S&P 500 inclusion.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 12:41 pm

The article discusses the recent options trading activity for PayPal Holdings (NASDAQ:PYPL), highlighting a bearish sentiment among major investors. Despite a mix of bullish and bearish trades, the overall sentiment leans bearish with 57% of trades reflecting this view. The stock is currently down 2.65% at $67.52, with analysts maintaining positive ratings and price targets between $80 and $90.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 2:31 pm

PayPal Holdings Inc (NASDAQ:PYPL) shares are gaining attention as a broad market rally lifts indices. Anticipation of key inflation data and a potential slowdown in inflation could benefit growth stocks like PayPal. Lower inflation may lead to reduced borrowing costs, boosting PayPal's transaction volumes and revenue. The financial sector's performance and optimism in tech stocks further support PayPal's gains.

Portfolio Pulse from Henry Khederian

September 09, 2024 | 7:53 pm

PayPal expands its partnership with Shopify, becoming an additional card processor for Shopify Payments in the U.S. This integration aims to enhance payment options and operational efficiency for merchants. PayPal is also integrating with Apple mobile wallet and expanding its partnership with Fiserv.

Portfolio Pulse from Lekha Gupta

September 09, 2024 | 3:14 pm

PayPal has expanded its partnership with Shopify, integrating PayPal Complete Payments into Shopify Payments for US merchants. This integration aims to streamline payment processes and enhance operational efficiency for merchants.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 11:41 am

The article highlights five lesser-known facts about Peter Thiel, co-founder of PayPal and Palantir. Thiel was the first outside investor in Facebook, turning a $500,000 investment into over $1 billion. He has political ties with Donald Trump but plans less involvement in the 2024 election. Thiel's relationship with Elon Musk includes past tensions at PayPal and investments in Musk's ventures. Thiel's foundation supported Ethereum's co-founder Vitalik Buterin with a $100,000 grant. Thiel's love for science fiction influenced the naming of his companies.

Portfolio Pulse from Chris Katje

September 06, 2024 | 8:30 pm

The options market indicates a bearish sentiment towards PayPal Holdings (NASDAQ:PYPL), with 76% of big-money traders taking a bearish stance. Despite this, analysts maintain positive ratings with price targets ranging from $72 to $90. The stock is currently trading at $69.3, down 3.8%.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 6:16 pm

On CNBC's 'Halftime Report Final Trades,' analysts discussed Dell, CoStar, Johnson & Johnson, and PayPal. Dell and CoStar reported strong earnings, while Johnson & Johnson increased its settlement offer for talc-related claims. PayPal is integrating with Apple's mobile wallet.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 12:47 pm

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